Account and Finance Practice Question and Answer

Q:

Stock Holding Corporation of India Ltd (SHCIL) was established in 1986 as?

1643 0

  • 1
    Private Limited
    Correct
    Wrong
  • 2
    Public limited
    Correct
    Wrong
  • 3
    Unlimited
    Correct
    Wrong
  • 4
    Limited Liability Partnership
    Correct
    Wrong
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Answer : 2. "Public limited "

Q:

Which is the largest commercial bank in India?

1632 0

  • 1
    Bank of India
    Correct
    Wrong
  • 2
    Axis Bank
    Correct
    Wrong
  • 3
    State Bank of India
    Correct
    Wrong
  • 4
    HDFC
    Correct
    Wrong
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Answer : 3. "State Bank of India "

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:

When was the currency system in India converted into decimal system?

1625 0

  • 1
    1st April 1949
    Correct
    Wrong
  • 2
    1st April 1959
    Correct
    Wrong
  • 3
    1st April 1957
    Correct
    Wrong
  • 4
    1st April 1969
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 3. "1st April 1957"

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:

The headquarters of AU Small Finance Bank is ______

1610 0

  • 1
    Hyderabad
    Correct
    Wrong
  • 2
    Chennai
    Correct
    Wrong
  • 3
    Jaipur
    Correct
    Wrong
  • 4
    Bengaluru
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 3. "Jaipur"

Q:

17 Which of these banks was not associated with the State Bank of India in 1959? 

1607 0

  • 1
    State Bank of Patna
    Correct
    Wrong
  • 2
    State Bank of Indore
    Correct
    Wrong
  • 3
    State Bank of Bikaner
    Correct
    Wrong
  • 4
    State Bank of Hyderabad
    Correct
    Wrong
  • 5
    State Bank of Jaipur
    Correct
    Wrong
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Answer : 1. "State Bank of Patna "

Q:

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

1597 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)"

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