Account and Finance Questions Practice Question and Answer

Q:

NACH is a centralised system, launched with an aim to consolidate multiple ECS systems running across the country and provides a framework for the harmonization of standard & practices and removes local barriers/inhibitors. What is the meaning of "H" in NACH?

521 0

  • 1
    House
    Correct
    Wrong
  • 2
    Home
    Correct
    Wrong
  • 3
    Handle
    Correct
    Wrong
  • 4
    Host
    Correct
    Wrong
  • 5
    Honest
    Correct
    Wrong
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Answer : 1. "House"

Q:

___________ of a bank is the ratio of deposits in current and saving accounts to total deposits.

520 0

  • 1
    RASA ratio
    Correct
    Wrong
  • 2
    FARA ratio
    Correct
    Wrong
  • 3
    SADA ratio
    Correct
    Wrong
  • 4
    NASA ratio
    Correct
    Wrong
  • 5
    CASA ratio
    Correct
    Wrong
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Answer : 5. "CASA ratio"

Q:

Which is the first bank started entirely with Indian capital?

510 0

  • 1
    Bank of India
    Correct
    Wrong
  • 2
    Punjab National Bank
    Correct
    Wrong
  • 3
    Bank of Baroda
    Correct
    Wrong
  • 4
    Bank of Maharashtra
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Punjab National Bank"

Q:

The Government of India had started the insurance scheme for the agriculture sector. Which of the following is the name of this scheme?

510 0

  • 1
    NAIS
    Correct
    Wrong
  • 2
    RIDF
    Correct
    Wrong
  • 3
    AICIL
    Correct
    Wrong
  • 4
    CACP
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "NAIS"

Q:

Uber has launched a business-to-business model called ______?

510 0

  • 1
    "Uber for Business "
    Correct
    Wrong
  • 2
    “Business for Uber”
    Correct
    Wrong
  • 3
    “Uber Business”
    Correct
    Wrong
  • 4
    “Business Uber”
    Correct
    Wrong
  • 5
    None of the above
    Correct
    Wrong
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Answer : 1. ""Uber for Business ""

Q:

Fiscal policy is not a tool

508 0

  • 1
    public expenditure
    Correct
    Wrong
  • 2
    bank rate
    Correct
    Wrong
  • 3
    SLR
    Correct
    Wrong
  • 4
    public debt
    Correct
    Wrong
  • 5
    2 and 3
    Correct
    Wrong
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Answer : 5. "2 and 3"

Q:

Which of the following terms is used in Banking?

506 0

  • 1
    Epicentre
    Correct
    Wrong
  • 2
    Pascal’s Law
    Correct
    Wrong
  • 3
    Currency
    Correct
    Wrong
  • 4
    Centre of Gravity
    Correct
    Wrong
  • 5
    Latitude
    Correct
    Wrong
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Answer : 3. "Currency"

Q:

In the banking world, when the loan given by the bank to any person or organization is not returned by the borrower, knowingly or for any other reason, then it is called.

(A) Standard Asset

(B) Non-Junk Asset

(C) Overdraft

503 0

  • 1
    only ( A )
    Correct
    Wrong
  • 2
    only ( B )
    Correct
    Wrong
  • 3
    only ( C )
    Correct
    Wrong
  • 4
    Only (A) and (B) both
    Correct
    Wrong
  • 5
    none of these
    Correct
    Wrong
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Answer : 2. "only ( B )"

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