Account and Finance Practice Question and Answer
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Q: What is the Validity of a cheque?
951 05fc87c87b3b23538af70a487
5fc87c87b3b23538af70a487- 11 monthfalse
- 23 monthtrue
- 34 monthfalse
- 46 monthfalse
- 52 monthfalse
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Answer : 2. "3 month"
Q: Bank overdraft limit for Account holders of PMJDY increased to?
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5fc877235c47b65b5b267fb4- 1Rs.15,000false
- 2Rs.20,000false
- 3Rs.10,000true
- 4Rs.5,000false
- 5Rs.25,000false
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Answer : 3. "Rs.10,000"
Q: The reserves which can act as liquidity buffer for commercial banks during crisis times are:
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5fc75a88d0af4c56f5e7491a- 1CRR and SLRtrue
- 2Only CRRfalse
- 3Only SLRfalse
- 4Reverse Repo ratefalse
- 5None of thesefalse
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Answer : 1. "CRR and SLR"
Q: Accounts in which shares of various companies are traded in electronic form are called:
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5fc75a31907913387b00e7f3- 1Demat Accountstrue
- 2Revenue Accountsfalse
- 3E- Accountsfalse
- 4Saving accountsfalse
- 5None of thesefalse
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Answer : 1. "Demat Accounts"
Q: "DD" in banking term stands for:
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5fc75948b3b23538af6d119c- 1Demand Chequefalse
- 2Doordarshanfalse
- 3Demand Drafttrue
- 4None of Thesefalse
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Answer : 3. "Demand Draft"
Q: FCCB stands for:
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5fc758c6d0af4c56f5e72fc6- 1Finance and Currency Controller Boardfalse
- 2Foreign Currency Convertible Bondtrue
- 3Foreign Collection for Cash Boardfalse
- 4Foreign Collection for Credit Boardfalse
- 5None of thesefalse
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Answer : 2. "Foreign Currency Convertible Bond "
Q: HDFC stands for:
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5fc758340cb33424ae8b95d1- 1Higher Development Finance Corporationfalse
- 2Housing Development Finance Corporationtrue
- 3Himachal Development Finance Corporationfalse
- 4Human Development Finance corporationfalse
- 5None of Thesefalse
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Answer : 2. "Housing Development Finance Corporation"
Q: Digital wallet company Paytm has launched 'Paytm Money' app for mutual fund investments. The Paytm Money platform will be offering systematic investment plans (SIPs), starting at how much rupees per month?
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5fc757ae907913387b00cc7f- 1Rs 300false
- 2Rs 400false
- 3Rs 200false
- 4Rs 500false
- 5Rs 100true
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Answer : 5. "Rs 100"
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