Account and Finance Practice Question and Answer
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5e69c22fee03046acc564a02 5 Q:
5e95685a52a551440d0d0bc4 4 Q:
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Q: Which among the following is considered to be the most liquid asset?
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5e9567d5b1f6a43ba1669036- 1Bitcoinfalse
- 2Goldfalse
- 3Chequefalse
- 4T - billfalse
- 5Moneytrue
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Answer : 5. "Money "
Q: The sales process begins with
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5da43d9efac0ed7fa90c68f4- 1customer identificationtrue
- 2lead generationfalse
- 3sales presentationfalse
- 4Sales closurefalse
- 5sales meetfalse
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Answer : 1. "customer identification"
Q: Credit Cards are a convenient substitute for which of the following?
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5e69c22fee03046acc564a02- 1Cashfalse
- 2Chequefalse
- 3Both 1 and 2true
- 4None of The Abovefalse
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Answer : 3. "Both 1 and 2 "
Q: What happens when CRR is increased?
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5e95685a52a551440d0d0bc4- 1It decreases the money supplyfalse
- 2It increases the money supplyfalse
- 3It decreases inflationfalse
- 4Only 1 & 3true
- 5All of the abovefalse
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Answer : 4. "Only 1 & 3 "
Q: Which was the first bank to introduce cheque system in India?
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5e7856b6bd40023a1fd3c29b- 1Bengal Banktrue
- 2Bank of Hindustanfalse
- 3General Bank of Indiafalse
- 4Presidency Bankfalse
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Answer : 1. "Bengal Bank"
Q: The performance of which scheme does the National Housing Bank monitor?
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5e785a6cbd40023a1fd3c735- 1Liberalized Finance Schemefalse
- 2Golden Jubilee Rural Housing Finance Schemetrue
- 3Energy Efficient Housing Finance Schemefalse
- 4Finance scheme for indirect loansfalse
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Answer : 2. "Golden Jubilee Rural Housing Finance Scheme"
Q: In which type of banking, electronic financial transactions are done?
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5e785f3af012602a3def3b9c- 1E-Bankingtrue
- 2POS Bankingfalse
- 3M-Bankingfalse
- 4Universal Bankingfalse
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Answer : 1. "E-Banking"
Q: Mutual Fund business from existing customers can be canvassed by
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5da43f3ed69109270473d851- 1coercionfalse
- 2cross-sellingfalse
- 3internal marketingtrue
- 4outdoor marketingfalse
- 5road-showsfalse
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Answer : 3. "internal marketing"
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