Account and Finance Practice Question and Answer

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:

Product design is a function of

2134 0

  • 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:

Which of the following acts regulates the underwriting process in India? 

1594 0

  • 1
    RBI Act 1934
    Correct
    Wrong
  • 2
    Securities and Exchanges Board of India (Underwriters) Regulations, 1993.
    Correct
    Wrong
  • 3
    Securities and Exchanges Board of India (Underwriters) Regulations, 2006.
    Correct
    Wrong
  • 4
    Both (B) and (C)
    Correct
    Wrong
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Answer : 4. "Both (B) and (C)"

Q:

First Bank established in India was

1176 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

1330 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"

Q:

What Street Name is used to refer to the RBI? 

4821 0

  • 1
    Reserve Street
    Correct
    Wrong
  • 2
    Credit Street
    Correct
    Wrong
  • 3
    Mint Street
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
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Answer : 3. "Mint Street "

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