Account and Finance Practice Question and Answer
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Q: Collateralised Borrowing and Lending Obligation (CBLO) is an instrument of-
1905 05ea275a5d3396d16da844b01
5ea275a5d3396d16da844b01- 1Capital Marketfalse
- 2Commodity Marketfalse
- 3Futures Marketfalse
- 4Money Markettrue
- 5Derivative Marketfalse
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Answer : 4. "Money Market "
Q: What was the initial share capital of Reserve Bank of India?
1902 05e944716b691736639f5affa
5e944716b691736639f5affa- 1₹ 3 cr.false
- 2₹ 1 cr.false
- 3₹ 5 cr.true
- 4₹ 10 cr.false
- 5₹ 50 cr.false
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Answer : 3. "₹ 5 cr. "
Q: ATMs cards are issued to a person who maintains the accounts of –
1896 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: The commission charged by a broker is
1871 05da433f4fac0ed7fa90c57fb
5da433f4fac0ed7fa90c57fb- 1Brokerage Feetrue
- 2Brokerage Profitfalse
- 3Brokerage Interestfalse
- 4Brokerage Salaryfalse
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Answer : 1. "Brokerage Fee"
Q: Which of the following bank was fined 60 million rupees by RBI in June 2018?
1847 05dfb01011d67d356b4b81fde
5dfb01011d67d356b4b81fde- 1South Indian Bankfalse
- 2Tamilnad Mercantile Bank Limitedtrue
- 3AP State Co-operative Bankfalse
- 4Malleswaram Co-operative Bank Ltdfalse
- 5Bardoli Nagarik Sahakari Bank Ltdfalse
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Answer : 2. "Tamilnad Mercantile Bank Limited"
Q: In which country Private sector lender ICICI Bank has opened a full-service branch?
1847 05da438817919e54a8e3d534e
5da438817919e54a8e3d534e- 1South Africatrue
- 2Canadafalse
- 3Americafalse
- 4Chinafalse
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Answer : 1. "South Africa"
Q: National Development Council was constituted in ____________.
1843 05da431955225a412f5165ae7
5da431955225a412f5165ae7- 12 August, 1952false
- 26 August, 1952true
- 38 August, 1952false
- 412 August, 1952false
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Answer : 2. "6 August, 1952"
Q: Which Organisation/Government is the administrator of Financial Inclusion Fund (FIF)?
1827 05e783afa7c405e4e893a06c1
5e783afa7c405e4e893a06c1- 1Reserve Bank of India(RBI)false
- 2NABARDfalse
- 3Union Government of Indiatrue
- 4Particular Government of the related Statefalse
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Answer : 3. "Union Government of India"
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