Account and Finance Practice Question and Answer

Q:

SCORES stands for

1620 0

  • 1
    SEBI Complaints Redress System
    Correct
    Wrong
  • 2
    Special Complaints Redress System
    Correct
    Wrong
  • 3
    SBI Complaints Redress System
    Correct
    Wrong
  • 4
    SIDBI Complaints Redress System
    Correct
    Wrong
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Answer : 1. "SEBI Complaints Redress System"

Q:

Which of the following bank was fined 60 million rupees by RBI in June 2018?

1455 0

  • 1
    South Indian Bank
    Correct
    Wrong
  • 2
    Tamilnad Mercantile Bank Limited
    Correct
    Wrong
  • 3
    AP State Co-operative Bank
    Correct
    Wrong
  • 4
    Malleswaram Co-operative Bank Ltd
    Correct
    Wrong
  • 5
    Bardoli Nagarik Sahakari Bank Ltd
    Correct
    Wrong
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Answer : 2. "Tamilnad Mercantile Bank Limited"

Q:

Which among the following banks form the “Imperial Bank of India” in 1921

1890 0

  • 1
    Bank of Bombay
    Correct
    Wrong
  • 2
    Bank of Madras
    Correct
    Wrong
  • 3
    Bank of Bengal
    Correct
    Wrong
  • 4
    All of the Above
    Correct
    Wrong
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Answer : 4. "All of the Above"

Q:

If cheque is issued by a bank in the same city as the payee, the cheque will be called

1447 1

  • 1
    Outstation Cheque
    Correct
    Wrong
  • 2
    Local Cheque
    Correct
    Wrong
  • 3
    At par Cheque
    Correct
    Wrong
  • 4
    None of These
    Correct
    Wrong
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Answer : 2. "Local Cheque"

Q:

First Bank established in India was

1175 0

  • 1
    Bank of India
    Correct
    Wrong
  • 2
    Bank of Hindustan
    Correct
    Wrong
  • 3
    Bank of Bharat
    Correct
    Wrong
  • 4
    Bank of Agra
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Bank of Hindustan"

Q:

Headquarter of IRDAI is located at

1327 0

  • 1
    Mumbai
    Correct
    Wrong
  • 2
    Chennai
    Correct
    Wrong
  • 3
    Ahmedabad
    Correct
    Wrong
  • 4
    Hyderabad
    Correct
    Wrong
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Answer : 4. "Hyderabad"

Q:

NREGA was renamed with the name of

1250 0

  • 1
    Indira Gandhi
    Correct
    Wrong
  • 2
    Rajiv Gandhi
    Correct
    Wrong
  • 3
    Mahatma Gandhi
    Correct
    Wrong
  • 4
    Sonia Gandhi
    Correct
    Wrong
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Answer : 3. "Mahatma Gandhi"

Q:

Mutual Funds investments can be effectively canvassed among

2238 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"

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