Account and Finance Practice Question and Answer

Q:

____________ became India’s first all woman bank.

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  • 1
    Dhanlaxmi Bank
    Correct
    Wrong
  • 2
    Lakshmi Vilas Bank
    Correct
    Wrong
  • 3
    Suryodaya Finance Bank
    Correct
    Wrong
  • 4
    Bharatiya Mahila Bank
    Correct
    Wrong
  • 5
    Utkarsh Finance Bank
    Correct
    Wrong
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Answer : 4. "Bharatiya Mahila Bank"

Q:

In which year National Electronic Fund Transfer started in India? 

924 0

  • 1
    2004
    Correct
    Wrong
  • 2
    2002
    Correct
    Wrong
  • 3
    2006
    Correct
    Wrong
  • 4
    2005
    Correct
    Wrong
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Answer : 4. "2005"

Q:

Which of the following is the nodal agency of Unstructured Supplementary Service Data (USSD) Service?

920 0

  • 1
    NPCI
    Correct
    Wrong
  • 2
    RBI
    Correct
    Wrong
  • 3
    SBI
    Correct
    Wrong
  • 4
    SEBI
    Correct
    Wrong
  • 5
    FBI
    Correct
    Wrong
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Answer : 1. "NPCI"

Q:

Who was the First Deputy Governor of Reserve Bank of India (RBI)?

919 0

  • 1
    Osborne Smith
    Correct
    Wrong
  • 2
    HO Hume
    Correct
    Wrong
  • 3
    Lord Canning
    Correct
    Wrong
  • 4
    James B.Taylor
    Correct
    Wrong
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Answer : 1. "Osborne Smith"

Q:

Which of the following is a fraud investigating agency in India?

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  • 1
    NEFT
    Correct
    Wrong
  • 2
    IMPS
    Correct
    Wrong
  • 3
    SWIFT
    Correct
    Wrong
  • 4
    MZM
    Correct
    Wrong
  • 5
    SFIO
    Correct
    Wrong
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Answer : 5. "SFIO"

Q:

Deen Dayal Upadhyaya Gram Jyoti Yojana is a scheme of Govt. of India designed to pro- vide continuous electricity to rural India, was launched in – 

917 0

  • 1
    2013
    Correct
    Wrong
  • 2
    2014
    Correct
    Wrong
  • 3
    2015
    Correct
    Wrong
  • 4
    2016
    Correct
    Wrong
  • 5
    None of the given options
    Correct
    Wrong
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Answer : 3. "2015 "

Q:

If a cheque is presented for payment after six months from the date of the cheque it is called ______

917 0

  • 1
    Bearer Cheque
    Correct
    Wrong
  • 2
    Order Cheque
    Correct
    Wrong
  • 3
    Open Cheque
    Correct
    Wrong
  • 4
    Stale Cheque
    Correct
    Wrong
  • 5
    Mutilated Cheque
    Correct
    Wrong
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Answer : 4. "Stale Cheque"

Q:

What are the Pre-Payment charges applied on paying personal loan before tenure period. 

917 0

  • 1
    10% of the Principal
    Correct
    Wrong
  • 2
    5% of the Principal
    Correct
    Wrong
  • 3
    1-2% of the Principal
    Correct
    Wrong
  • 4
    7% of the Principal
    Correct
    Wrong
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Answer : 3. "1-2% of the Principal "

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