Account and Finance Practice Question and Answer
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Q: Which of the following abbreviations is not related to banking?
1946 05e944821404ffa6995a88e25
5e944821404ffa6995a88e25- 1NEFTfalse
- 2RTGSfalse
- 3MICRfalse
- 4BBPSfalse
- 5EFTAtrue
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Answer : 5. "EFTA "
Q: If cheque is issued by a bank in the same city as the payee, the cheque will be called
1924 15da4380ffac0ed7fa90c5d36
5da4380ffac0ed7fa90c5d36- 1Outstation Chequefalse
- 2Local Chequetrue
- 3At par Chequefalse
- 4None of Thesefalse
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Answer : 2. "Local Cheque"
Q: National Insurance Academy located in ________.
1914 05e785bd6e8e6613a385d6720
5e785bd6e8e6613a385d6720- 1Chennaifalse
- 2Calcuttafalse
- 3Punetrue
- 4Hyderabadfalse
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Answer : 3. "Pune"
Q: The headquarters of AU Small Finance Bank is ______
1913 05e69c73b8fcee56af2fb5123
5e69c73b8fcee56af2fb5123- 1Hyderabadfalse
- 2Chennaifalse
- 3Jaipurtrue
- 4Bengalurufalse
- 5None of thesefalse
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Answer : 3. "Jaipur"
Q: Which of the following acts regulates the underwriting process in India?
1906 05e69be928fcee56af2fb3f94
5e69be928fcee56af2fb3f94- 1RBI Act 1934false
- 2Securities and Exchanges Board of India (Underwriters) Regulations, 1993.false
- 3Securities and Exchanges Board of India (Underwriters) Regulations, 2006.false
- 4Both (B) and (C)true
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Answer : 4. "Both (B) and (C)"
Q: A Debit Card Cam be issued to
1841 05da4397ed69109270473cf93
5da4397ed69109270473cf93- 1Only Income tax assessesfalse
- 2Only Professionalsfalse
- 3Only Womenfalse
- 4All farmersfalse
- 5All savings accounttrue
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Answer : 5. "All savings account"
Q: ATMs cards are issued to a person who maintains the accounts of –
1798 05e9449853d193e3bf6ff89c3
5e9449853d193e3bf6ff89c3- 1Saving accountfalse
- 2Term deposit accountfalse
- 3Current accountfalse
- 4Both 1 & 2false
- 5Either 1 or 3true
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Answer : 5. "Either 1 or 3 "
Q: Which among the following formulates the Fiscal policy in India?
1789 06171a868571f356fd8f3fa48
6171a868571f356fd8f3fa48- 1RBIfalse
- 2SEBIfalse
- 3Ministry of Financetrue
- 4NITI Aayogfalse
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Answer : 3. "Ministry of Finance "
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