Top 100 Accounts and Finance Questions for Bank Exam
Which of the following is /are benefits of insurance?
(A) It protects the capital in industry and releases the capital for further expansion.
(B) It removes fear, worry and anxiety associated with one’s future.
(C) It helps in earning foreign exchange.
(D) It leads to development of a nation.
(E) All of the above
Correct Answer : E
Which of the following is the best definition of the term Assurance?
(A) It is a financial product offered by a company.
(B) It includes protection against an event that may happen.
(C) It provides cover against a specific risk.
(D) It includes protection against an event that is bound to happen.
(E) None of the above
Correct Answer : D
Reducing the amount of loss is known as –
(A) Risk minimizing
(B) Loss Reduction
(C) Loss prevention
(D) Loss lowering
(E) None of the above
Correct Answer : B
FSR stands for –
(A) Fiscal Standard Report
(B) Financial Stability Report
(C) Foreign Stressed Reserves
(D) Financially Stressed Reserves
(E) Final Stable Report
Correct Answer : B
The compounding frequency of the Kisan Vikas Patra scheme is-
(A) Monthly
(B) Monthly and Paid
(C) Semi-annually
(D) Quarterly
(E) Annually
Correct Answer : E
Which of the following offers reinsurance services in India?
(A) General Insurance Corporation
(B) Life Insurance Corporation
(C) United India Insurance
(D) National Insurance Company
(E) None of the above
Correct Answer : A
The Insurance Repository system was launched by the IRDA in which year?
(A) 2012
(B) 2013
(C) 2014
(D) 2015
(E) 2018
Correct Answer : B
In the IFSC Code, which among the following denotes name of the bank concerned?
(A) First five characters
(B) First four characters
(C) First three characters
(D) First six characters
(E) Last seven characters
Correct Answer : B
What is the minimum denomination of the treasury bills issued by the government?
(A) Rs 50000
(B) Rs 1 lakh
(C) Rs 2 lakhs
(D) Rs 25000
(E) None of the above
Correct Answer : D
If money is lent or borrowed for a period of more than 14 days, it is known as –
(A) Term money
(B) Term money
(C) Call money
(D) Fixed Money
(E) None of the above
Correct Answer : A
Showing page 6 of 10
enhttps://www.examsbook.com/top-100-accounts-and-finance-questions-for-bank-exam/6106top-100-accounts-and-finance-questions-for-bank-examAbout author
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/.
Read more articles