Account and Finance Practice Question and Answer
8 Q: Teaser Rates are related to which of the following types of loans?
544 061d849d00499556d96bac49b
61d849d00499556d96bac49b- 1Home Loanstrue
- 2Personal Loansfalse
- 3Auto Loansfalse
- 4Reverse Mortgage Loansfalse
- 5Crop Loansfalse
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Answer : 1. "Home Loans "
Q: Which of the following terms is used in Banking?
506 061d8491e498f632d55001b81
61d8491e498f632d55001b81- 1Epicentrefalse
- 2Pascal’s Lawfalse
- 3Currencytrue
- 4Centre of Gravityfalse
- 5Latitudefalse
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Answer : 3. "Currency"
Q: Which of the following branch of the World Bank was formed in the year 1992 for quick financial action and innovation activities?
521 061b766d37a5b3510e9c64397
61b766d37a5b3510e9c64397- 1IFCfalse
- 2IDFtrue
- 3MIGAfalse
- 4ICSIDfalse
- 5None of thesefalse
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Answer : 2. "IDF"
Q: Which of the following country is the largest lender of America?
568 061b7652f7a5b3510e9c63fc5
61b7652f7a5b3510e9c63fc5- 1Britainfalse
- 2Japanfalse
- 3Chinatrue
- 4Brazilfalse
- 5Indiafalse
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Answer : 3. "China"
Q: In the banking world, when the loan given by the bank to any person or organization is not returned by the borrower, knowingly or for any other reason, then it is called.
(A) Standard Asset
(B) Non-Junk Asset
(C) Overdraft
503 061b764b6993630653cf4ee77
61b764b6993630653cf4ee77- 1only ( A )false
- 2only ( B )true
- 3only ( C )false
- 4Only (A) and (B) bothfalse
- 5none of thesefalse
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Answer : 2. "only ( B )"
Q: Normally a bank does not have to deal with __________ related issues of the following.
499 061b764257fd9195ddf2d9383
61b764257fd9195ddf2d9383- 1Payment and Settlement Systemfalse
- 2Contractual rights of creditorsfalse
- 3Intellectual Property Rightstrue
- 4Bankruptcy casesfalse
- 5Coordination among regulators operating in the banking financial sectorsfalse
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Answer : 3. "Intellectual Property Rights"
Q: The Financial Sector Appraisal Committee (CFSA) constituted by the Reserve Bank of India has also recommended some reforms in which of the following laws existing in India?
533 061b7638b7a5b3510e9c63a1a
61b7638b7a5b3510e9c63a1a- 1Taxation Lawfalse
- 2Commercial lawfalse
- 3Banking Regulation Lawtrue
- 4Property lawfalse
- 5All of the abovefalse
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Answer : 3. "Banking Regulation Law"
Q: The Government of India had started the insurance scheme for the agriculture sector. Which of the following is the name of this scheme?
510 061b763407fd9195ddf2d84d0
61b763407fd9195ddf2d84d0- 1NAIStrue
- 2RIDFfalse
- 3AICILfalse
- 4CACPfalse
- 5None of thesefalse
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