Account and Finance Practice Question and Answer
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Q: What Street Name is used to refer to the RBI?
4818 05e69bf07755e9d6ad85cec53
5e69bf07755e9d6ad85cec53- 1Reserve Streetfalse
- 2Credit Streetfalse
- 3Mint Streettrue
- 4None of the abovefalse
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Answer : 3. "Mint Street "
Q: For using safe deposit locker facility, bank customer's pay______ .
4815 05e99afa25b0ee83f88d3a9c9
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: The first Indian bank to open a branch on foreign soil?
4746 05eafc432caa4f678cf74d82f
5eafc432caa4f678cf74d82f- 1Bank of Barodafalse
- 2Bank of Indiatrue
- 3Punjab National Bankfalse
- 4Allahabad Bankfalse
- 5State Bank of Indiafalse
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Answer : 2. "Bank of India "
Q: Who has been given the power under the Banking Regulation Act 1949 to grant license to banks?
4387 05e69bf8fee03046acc56471c
5e69bf8fee03046acc56471c- 1RBItrue
- 2State Governmentfalse
- 3Central Governmentfalse
- 4All of the abovefalse
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Answer : 1. "RBI "
Q: Who is the ex- officio chairman of ‘National Child Labour Abolition Authority’
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5da436f27919e54a8e3d4fb7- 1Prime Ministerfalse
- 2Home Ministerfalse
- 3Finance Ministerfalse
- 4Labor Ministertrue
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Answer : 4. "Labor Minister"
Q: Who regulates the functioning of District Cooperative Banks in India?
3158 05e69c1320b8b1e6afc207758
5e69c1320b8b1e6afc207758- 1State Governmentfalse
- 2RBItrue
- 3State Cooperative Banksfalse
- 4None of thesefalse
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Answer : 2. "RBI "
Q: Which was the first bank to introduce Internet banking?
3130 05e785fc9f012602a3def3e13
5e785fc9f012602a3def3e13- 1Canara Bankfalse
- 2ICICI Banktrue
- 3Punjab National Bankfalse
- 4State Bank of Indiafalse
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Answer : 2. "ICICI Bank"
Q: On which rate base, overnight money is needed by bank from RBI?
2562 05e785329f012602a3def1bed
5e785329f012602a3def1bed- 1MSFtrue
- 2Repo ratefalse
- 3Reverse repofalse
- 4Bank ratefalse
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Answer : 1. "MSF"
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