Top 100 Accounts and Finance Questions for Bank Exam
The savings bank account that does not operate for more than 24 months, then the account is called?
(A) Dormat account
(B) Demat account
(C) Inoperative account
(D) Inactive account
(E) None of these
Correct Answer : A
Which of the following is not acceptable as address proof for opening a bank account by an individual?
(A) Letter from any recognized public authority
(B) Domicile certificate
(C) A rent agreement indicating the address of the customer duly registered with State Govt.
(D) Other than those gives as options.
Correct Answer : C
The first bank to gain license from RBI for internet banking is:-
(A) PNB
(B) SBI
(C) corporation bank
(D) Oriental bank of commerce
Correct Answer : A
With reference to banking the 15th day of the month is known as :-
(A) banking day
(B) customer's day
(C) complaint day
(D) non banking day
Correct Answer : B
Where is India's first operational SEZ located?
(A) Ahmedabad
(B) Surat
(C) Jaipur
(D) Indore
Correct Answer : D
A saving bank account becomes dormant or inoperative if there is no operation in the account for the last:-
(A) 1 year
(B) 8 moths
(C) 6 months
(D) 2 years.
Correct Answer : C
Explanation :
Yes, because RBI has stipulated that a savings / current account will be classified as dormant / inoperative if there are no transactions in the account for over a period of two years.
The government wants to provide public sector banks "right to the passage". What is the right to the passage?
(A) the banks can raise equity capital through rights issue.
(B) the banks can seize the hypothecated goods.
(C) the banks can raise tier 1 capital
(D) the banks can issue various bonds
Correct Answer : A
Explanation :
If the RE does not respond within a period of 30 days after lodgment of the complaint or rejects the complaint wholly/partly or if the complainant is not satisfied with the response/resolution given by the RE, the complainant can lodge his complaint under the RB-IOS, 2021.
The tax on import and export is known as :-
(A) income tax
(B) trade tax
(C) custom duty
(D) commercial tax
Correct Answer : C
Payment of a cheque cannot be made on a cash counter of the bank if the cheque is:-
(A) bearer
(B) cross Cheque
(C) order
(D) all of the above
Correct Answer : B
Explanation :
A cross cheque is a cheque which has to be directly deposited in the bank account of the person so mentioned. It cannot be made payable over the counter.
In the context of investment, what are A, AA+, and AAA+?
(A) stock exchange index
(B) credit ratings
(C) market stability index
(D) profit equity index
Correct Answer : B
Explanation :
The difference between an AA+ and AAA credit rating is that a AAA rating is considered the highest credit rating possible, while an AA+ rating is still considered a high-quality credit rating, but slightly lower than AAA.
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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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