Account and Finance Practice Question and Answer
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Q: Collateralised Borrowing and Lending Obligation (CBLO) is an instrument of-
1320 05ea275a5d3396d16da844b01
5ea275a5d3396d16da844b01- 1Capital Marketfalse
- 2Commodity Marketfalse
- 3Futures Marketfalse
- 4Money Markettrue
- 5Derivative Marketfalse
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Answer : 4. "Money Market "
Q: Which public sector bank has tied up with Action Construction Equipment Ltd. to finance farm machinery through the branches of the bank?
966 05ea27292d3396d16da8441a9
5ea27292d3396d16da8441a9- 1OBCfalse
- 2BOIfalse
- 3SBIfalse
- 4UCO Bankfalse
- 5PNBtrue
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Answer : 5. "PNB"
Q: Among the following international currencies which one is NOT included in the SDR basket of IMF?
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5ea26f69c06fc563ed261968- 1Australian Dollartrue
- 2Eurofalse
- 3Renminbifalse
- 4Yenfalse
- 5Pound Sterlingfalse
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Answer : 1. "Australian Dollar "
Q: Name the apex organization of industrial finance in India.
899 05ea267e827e7e648ef84eb86
5ea267e827e7e648ef84eb86- 1IFCIfalse
- 2IDBItrue
- 3ICICIfalse
- 4IIFIfalse
- 5BCIFfalse
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Answer : 2. "IDBI "
Q: 16 Which of these banks was nationalized in 1969?
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5e99b0f51dda1f42d77fd296- 1Andhra Bankfalse
- 2Vijaya Bankfalse
- 3Punjab and Sind Bankfalse
- 4Oriental Bank of Commerce.false
- 5None of thesetrue
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Answer : 5. "None of these"
Q: 17 Which of these banks was not associated with the State Bank of India in 1959?
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5e99b032ecf9e60deb7cadaf- 1State Bank of Patnatrue
- 2State Bank of Indorefalse
- 3State Bank of Bikanerfalse
- 4State Bank of Hyderabadfalse
- 5State Bank of Jaipurfalse
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Answer : 1. "State Bank of Patna "
Q: For using safe deposit locker facility, bank customer's pay______ .
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5e99afa25b0ee83f88d3a9c9- 1Interest on lockerfalse
- 2Rent on lockertrue
- 3Commission on lockerfalse
- 4Safe custody chargesfalse
- 5None of thesefalse
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Answer : 2. "Rent on locker"
Q: Which among the following statements is not true about the Banking Ombudsman (BO)?
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5e99ae12a617427daa9d2d81- 1BO was first setup in UK.false
- 2He hears customers ' complaints against banksfalse
- 3Tenure of BO is 3 years at a time.false
- 4RBI started this scheme in 1995.true
- 5None of thesefalse
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Answer : 4. "RBI started this scheme in 1995. "
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