Account and Finance Practice Question and Answer

Q:

Which among the following is considered to be the most liquid asset? 

14355 0

  • 1
    Bitcoin
    Correct
    Wrong
  • 2
    Gold
    Correct
    Wrong
  • 3
    Cheque
    Correct
    Wrong
  • 4
    T - bill
    Correct
    Wrong
  • 5
    Money
    Correct
    Wrong
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Answer : 5. "Money "

Q:

Which is India's first company to open with White Label ATMs? 

1992 0

  • 1
    Airtel Finance Ltd
    Correct
    Wrong
  • 2
    Muthoot Finance
    Correct
    Wrong
  • 3
    Vakrangee Ltd.
    Correct
    Wrong
  • 4
    Hitachi money spot
    Correct
    Wrong
  • 5
    Tata indicash
    Correct
    Wrong
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Answer : 5. "Tata indicash "

Q:

ATMs cards are issued to a person who maintains the accounts of – 

1452 0

  • 1
    Saving account
    Correct
    Wrong
  • 2
    Term deposit account
    Correct
    Wrong
  • 3
    Current account
    Correct
    Wrong
  • 4
    Both 1 & 2
    Correct
    Wrong
  • 5
    Either 1 or 3
    Correct
    Wrong
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Answer : 5. "Either 1 or 3 "

Q:

Which of the following abbreviations is not related to banking? 

1628 0

  • 1
    NEFT
    Correct
    Wrong
  • 2
    RTGS
    Correct
    Wrong
  • 3
    MICR
    Correct
    Wrong
  • 4
    BBPS
    Correct
    Wrong
  • 5
    EFTA
    Correct
    Wrong
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Answer : 5. "EFTA "

Q:

Who was the second Governor of Reserve Bank of India? 

1146 0

  • 1
    Sir C. D Deshmukh
    Correct
    Wrong
  • 2
    Sir James Taylor
    Correct
    Wrong
  • 3
    Sir W. T . McCallum
    Correct
    Wrong
  • 4
    Sir Osborne Smith
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Sir James Taylor "

Q:

What was the initial share capital of Reserve Bank of India? 

1420 0

  • 1
    ₹ 3 cr.
    Correct
    Wrong
  • 2
    ₹ 1 cr.
    Correct
    Wrong
  • 3
    ₹ 5 cr.
    Correct
    Wrong
  • 4
    ₹ 10 cr.
    Correct
    Wrong
  • 5
    ₹ 50 cr.
    Correct
    Wrong
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Answer : 3. "₹ 5 cr. "

Q:

Who was the Finance Minister of India when Banking Nationalization was done in 1969? 

1005 0

  • 1
    Morarji Desai
    Correct
    Wrong
  • 2
    Indira Gandhi
    Correct
    Wrong
  • 3
    Yashwantrao Chavan
    Correct
    Wrong
  • 4
    Chidambaram Subramaniam
    Correct
    Wrong
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Answer : 2. "Indira Gandhi "

Q:

How many digits are there in an Aadhaar Virtual D? 

948 0

  • 1
    18
    Correct
    Wrong
  • 2
    16
    Correct
    Wrong
  • 3
    12
    Correct
    Wrong
  • 4
    10
    Correct
    Wrong
  • 5
    11
    Correct
    Wrong
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Answer : 2. "16 "

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