Account and Finance Practice Question and Answer

Q:

Collateralised Borrowing and Lending Obligation (CBLO) is an instrument of- 

1776 0

  • 1
    Capital Market
    Correct
    Wrong
  • 2
    Commodity Market
    Correct
    Wrong
  • 3
    Futures Market
    Correct
    Wrong
  • 4
    Money Market
    Correct
    Wrong
  • 5
    Derivative Market
    Correct
    Wrong
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Answer : 4. "Money Market "

Q:

What was the initial share capital of Reserve Bank of India? 

1761 0

  • 1
    ₹ 3 cr.
    Correct
    Wrong
  • 2
    ₹ 1 cr.
    Correct
    Wrong
  • 3
    ₹ 5 cr.
    Correct
    Wrong
  • 4
    ₹ 10 cr.
    Correct
    Wrong
  • 5
    ₹ 50 cr.
    Correct
    Wrong
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Answer : 3. "₹ 5 cr. "

Q:

Headquarter of IRDAI is located at

1759 0

  • 1
    Mumbai
    Correct
    Wrong
  • 2
    Chennai
    Correct
    Wrong
  • 3
    Ahmedabad
    Correct
    Wrong
  • 4
    Hyderabad
    Correct
    Wrong
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Answer : 4. "Hyderabad"

Q:

In which country Private sector lender ICICI Bank has opened a full-service branch?

1737 0

  • 1
    South Africa
    Correct
    Wrong
  • 2
    Canada
    Correct
    Wrong
  • 3
    America
    Correct
    Wrong
  • 4
    China
    Correct
    Wrong
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Answer : 1. "South Africa"

Q:

The commission charged by a broker is

1736 0

  • 1
    Brokerage Fee
    Correct
    Wrong
  • 2
    Brokerage Profit
    Correct
    Wrong
  • 3
    Brokerage Interest
    Correct
    Wrong
  • 4
    Brokerage Salary
    Correct
    Wrong
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Answer : 1. "Brokerage Fee"

Q:

Imperial Bank of India was nationalized in which year? 

1732 0

  • 1
    1944
    Correct
    Wrong
  • 2
    1955
    Correct
    Wrong
  • 3
    1921
    Correct
    Wrong
  • 4
    1949
    Correct
    Wrong
  • 5
    1935
    Correct
    Wrong
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Answer : 2. "1955 "

Q:

Which of the following bank was fined 60 million rupees by RBI in June 2018?

1720 0

  • 1
    South Indian Bank
    Correct
    Wrong
  • 2
    Tamilnad Mercantile Bank Limited
    Correct
    Wrong
  • 3
    AP State Co-operative Bank
    Correct
    Wrong
  • 4
    Malleswaram Co-operative Bank Ltd
    Correct
    Wrong
  • 5
    Bardoli Nagarik Sahakari Bank Ltd
    Correct
    Wrong
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Answer : 2. "Tamilnad Mercantile Bank Limited"

Q:

Banking companies act passed in:

1712 0

  • 1
    1939
    Correct
    Wrong
  • 2
    1949
    Correct
    Wrong
  • 3
    1959
    Correct
    Wrong
  • 4
    1969
    Correct
    Wrong
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Answer : 2. "1949"

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