Account and Finance Questions Practice Question and Answer

Q:

Among the following international currencies which one is NOT included in the SDR basket of IMF? 

853 0

  • 1
    Australian Dollar
    Correct
    Wrong
  • 2
    Euro
    Correct
    Wrong
  • 3
    Renminbi
    Correct
    Wrong
  • 4
    Yen
    Correct
    Wrong
  • 5
    Pound Sterling
    Correct
    Wrong
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Answer : 1. "Australian Dollar "

Q:

Name the apex organization of industrial finance in India. 

887 0

  • 1
    IFCI
    Correct
    Wrong
  • 2
    IDBI
    Correct
    Wrong
  • 3
    ICICI
    Correct
    Wrong
  • 4
    IIFI
    Correct
    Wrong
  • 5
    BCIF
    Correct
    Wrong
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Answer : 2. "IDBI "

Q:

16 Which of these banks was nationalized in 1969?   

1023 0

  • 1
    Andhra Bank
    Correct
    Wrong
  • 2
    Vijaya Bank
    Correct
    Wrong
  • 3
    Punjab and Sind Bank
    Correct
    Wrong
  • 4
    Oriental Bank of Commerce.
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 5. "None of these"

Q:

17 Which of these banks was not associated with the State Bank of India in 1959? 

1592 0

  • 1
    State Bank of Patna
    Correct
    Wrong
  • 2
    State Bank of Indore
    Correct
    Wrong
  • 3
    State Bank of Bikaner
    Correct
    Wrong
  • 4
    State Bank of Hyderabad
    Correct
    Wrong
  • 5
    State Bank of Jaipur
    Correct
    Wrong
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Answer : 1. "State Bank of Patna "

Q:

For using safe deposit locker facility, bank customer's pay______ . 

4797 0

  • 1
    Interest on locker
    Correct
    Wrong
  • 2
    Rent on locker
    Correct
    Wrong
  • 3
    Commission on locker
    Correct
    Wrong
  • 4
    Safe custody charges
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Rent on locker"

Q:

Which among the following statements is not true about the Banking Ombudsman (BO)?

2211 0

  • 1
    BO was first setup in UK.
    Correct
    Wrong
  • 2
    He hears customers ' complaints against banks
    Correct
    Wrong
  • 3
    Tenure of BO is 3 years at a time.
    Correct
    Wrong
  • 4
    RBI started this scheme in 1995.
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 4. "RBI started this scheme in 1995. "

Q:

The situation with increasing unemployment and inflation is termed as: 

1319 0

  • 1
    Deflation
    Correct
    Wrong
  • 2
    Galloping inflation
    Correct
    Wrong
  • 3
    Hyper inflation
    Correct
    Wrong
  • 4
    Stagflation
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 4. "Stagflation"

Q:

Name the first bank in India to introduce biodegradable cards. 

2035 0

  • 1
    Axis Bank
    Correct
    Wrong
  • 2
    HDFC Bank
    Correct
    Wrong
  • 3
    Yes Bank
    Correct
    Wrong
  • 4
    ICICI Bank
    Correct
    Wrong
  • 5
    Laxmi Vilas Bank
    Correct
    Wrong
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Answer : 1. "Axis Bank"

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