Account and Finance Practice Question and Answer
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Q: Headquarter of IRDAI is located at
1989 05da43024d69109270473c31e
5da43024d69109270473c31e- 1Mumbaifalse
- 2Chennaifalse
- 3Ahmedabadfalse
- 4Hyderabadtrue
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Answer : 4. "Hyderabad"
Q: Collateralised Borrowing and Lending Obligation (CBLO) is an instrument of-
1978 05ea275a5d3396d16da844b01
5ea275a5d3396d16da844b01- 1Capital Marketfalse
- 2Commodity Marketfalse
- 3Futures Marketfalse
- 4Money Markettrue
- 5Derivative Marketfalse
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Answer : 4. "Money Market "
Q: The commission charged by a broker is
1965 05da433f4fac0ed7fa90c57fb
5da433f4fac0ed7fa90c57fb- 1Brokerage Feetrue
- 2Brokerage Profitfalse
- 3Brokerage Interestfalse
- 4Brokerage Salaryfalse
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Answer : 1. "Brokerage Fee"
Q: ATMs cards are issued to a person who maintains the accounts of –
1964 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: In which country Private sector lender ICICI Bank has opened a full-service branch?
1934 05da438817919e54a8e3d534e
5da438817919e54a8e3d534e- 1South Africatrue
- 2Canadafalse
- 3Americafalse
- 4Chinafalse
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Answer : 1. "South Africa"
Q: Which of the following bank was fined 60 million rupees by RBI in June 2018?
1927 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: Which Organisation/Government is the administrator of Financial Inclusion Fund (FIF)?
1903 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"
Q: Banking companies act passed in:
1886 05da432b8fac0ed7fa90c57a4
5da432b8fac0ed7fa90c57a4- 11939false
- 21949true
- 31959false
- 41969false
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Answer : 2. "1949"
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