Account and Finance Practice Question and Answer

Q:

Which state owned bank of India has decided to exit its South Africa operations?

1129 0

  • 1
    Punjab National Bank
    Correct
    Wrong
  • 2
    Bank of Baroda
    Correct
    Wrong
  • 3
    IDBI Bank
    Correct
    Wrong
  • 4
    Axis bank
    Correct
    Wrong
  • 5
    Canara Bank
    Correct
    Wrong
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Answer : 2. "Bank of Baroda"

Q:

Mutual Fund business from existing customers can be canvassed by

5453 0

  • 1
    coercion
    Correct
    Wrong
  • 2
    cross-selling
    Correct
    Wrong
  • 3
    internal marketing
    Correct
    Wrong
  • 4
    outdoor marketing
    Correct
    Wrong
  • 5
    road-shows
    Correct
    Wrong
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Answer : 3. "internal marketing"

Q:

Financial planning is required when

1728 0

  • 1
    one has no income
    Correct
    Wrong
  • 2
    one is flushed with funds
    Correct
    Wrong
  • 3
    one has no expense to incur
    Correct
    Wrong
  • 4
    one is illiterate
    Correct
    Wrong
  • 5
    income level is sufficient to meet the expenses
    Correct
    Wrong
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Answer : 5. "income level is sufficient to meet the expenses"

Q:

The sales process begins with

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  • 1
    customer identification
    Correct
    Wrong
  • 2
    lead generation
    Correct
    Wrong
  • 3
    sales presentation
    Correct
    Wrong
  • 4
    Sales closure
    Correct
    Wrong
  • 5
    sales meet
    Correct
    Wrong
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Answer : 1. "customer identification"

Q:

Product design is a function of

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  • 1
    Front office staff
    Correct
    Wrong
  • 2
    back office staff
    Correct
    Wrong
  • 3
    management
    Correct
    Wrong
  • 4
    marketing and research team
    Correct
    Wrong
  • 5
    loan section
    Correct
    Wrong
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Answer : 4. "marketing and research team"

Q:

Mutual Funds investments can be effectively canvassed among

2240 0

  • 1
    Only Salaried persons
    Correct
    Wrong
  • 2
    Students availing education loans
    Correct
    Wrong
  • 3
    HNI customers
    Correct
    Wrong
  • 4
    sunrise industries
    Correct
    Wrong
  • 5
    poor farmers
    Correct
    Wrong
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Answer : 3. "HNI customers"

Q:

A Debit Card Cam be issued to 

1444 0

  • 1
    Only Income tax assesses
    Correct
    Wrong
  • 2
    Only Professionals
    Correct
    Wrong
  • 3
    Only Women
    Correct
    Wrong
  • 4
    All farmers
    Correct
    Wrong
  • 5
    All savings account
    Correct
    Wrong
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Answer : 5. "All savings account"

Q:

In which country Private sector lender ICICI Bank has opened a full-service branch?

1325 0

  • 1
    South Africa
    Correct
    Wrong
  • 2
    Canada
    Correct
    Wrong
  • 3
    America
    Correct
    Wrong
  • 4
    China
    Correct
    Wrong
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Answer : 1. "South Africa"

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