Account and Finance Practice Question and Answer
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Q: A Debit Card Cam be issued to
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5da4397ed69109270473cf93- 1Only Income tax assessesfalse
- 2Only Professionalsfalse
- 3Only Womenfalse
- 4All farmersfalse
- 5All savings accounttrue
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Answer : 5. "All savings account"
Q: Headquarter of IRDAI is located at
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5da43024d69109270473c31e- 1Mumbaifalse
- 2Chennaifalse
- 3Ahmedabadfalse
- 4Hyderabadtrue
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Answer : 4. "Hyderabad"
Q: The commission charged by a broker is
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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 –
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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 Organisation/Government is the administrator of Financial Inclusion Fund (FIF)?
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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: The concept of Economic planning in India is derived from ________.
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5da4311f5225a412f5165ad6- 1USAfalse
- 2UKfalse
- 3Australiafalse
- 4Russiatrue
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Answer : 4. "Russia"
Q: Which of the following include the primary structure of the Mutual Funds?
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5e69bd10755e9d6ad85ceb05- 1Open-end fundsfalse
- 2Unit Investment Trustsfalse
- 3Exchange traded Fundsfalse
- 4All of the Abovetrue
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Answer : 4. "All of the Above"
Q: Which of the following bank was fined 60 million rupees by RBI in June 2018?
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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"
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