Top 100 Accounts and Finance Questions for Bank Exam

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Top 100 Accounts and Finance Questions for Bank Exam
Q :  

Which of the following is covered in the list of services for service tax purposes?

A. Insurance/health services

B. Hotel accommodation/air travel services

C. Money changers/legal services

(A) Only (A)

(B) Only (B)

(C) Only (C)

(D) Both (A) and (C)

(E) All (A), (B) and (C)


Correct Answer : E

Q :  

Banks need liquidity to meet which of the following objectives of banking?

A. To meet deposit withdrawal

B. To fund loan demands

C. To maintain public confidence

(A) Only (A)

(B) Only (B)

(C) Only (C)

(D) Only (A) and (B)

(E) Only (B) and (C)


Correct Answer : C

Q :  

What is the full form of IRR as used in banking/financial sector?

(A) Internal Rate of Return

(B) Internal Revaluation Reserve

(C) Investment Reserve Ratio

(D) Internal Risk Return

(E) None of the above


Correct Answer : A

Q :  

Which of the following organisations provides guarantee to the exporters?

(A) Exim Bank

(B) Export Credit Guarantee Corporation

(C) Director General Foreign Trade

(D) Reserve Bank of India

(E) Registrar of companies


Correct Answer : B

Q :  

What does the letter ‘M’ depict in the term SME as used in the financial world?

(A) Maximum

(B) Medium

(C) Mercantile

(D) Mutual

(E) Ministry


Correct Answer : B

Q :  

Banks borrow money from the RBI on which of the following rates?

(A) Reverse Repo Rate

(B) Repo Rate

(C) SLR

(D) CRR

(E) Savings Rate


Correct Answer : B

Q :  

Which of the following organisations issues the rules of global trade?

(A) World Bank

(B) World Trade Organisation

(C) Foreign Exchange Dealers Association

(D) Directorate General of Foreign Trade

(E) None of these


Correct Answer : B

Q :  

Which of the following services is NOT provided by the post offices in India?

(A) Savings Bank Scheme

(B) Retailing of Mutual Funds

(C) Sale of stamps

(D) Issuance of Demand Drafts

(E) Life Insurance cover


Correct Answer : D

Q :  

Which of the following is the apex institution that handles refinance for agriculture and rural development in India?

(A) RBI

(B) SIDBI

(C) NABARD

(D) SEBI

(E) None of these


Correct Answer : C

Q :  

Which of the following is NOT a Govt-sponsored organization?

(A) Small Industries Development Bank of India

(B) NABARD

(C) National Housing Bank

(D) ICICI Bank

(E) All are Govt-sponsored


Correct Answer : D

   

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    Rajesh Bhatia

    A Writer, Teacher and GK Expert. I am an M.A. & M.Ed. in English Literature and Political Science. I am highly keen and passionate about reading Indian History. Also, I like to mentor students about how to prepare for a competitive examination. Share your concerns with me by comment box. Also, you can ask anything at linkedin.com/in/rajesh-bhatia-7395a015b/.

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