Account and Finance Practice Question and Answer

Q:

Which of the following countries has the largest Mutual Fund market in the World? 

1595 0

  • 1
    USA
    Correct
    Wrong
  • 2
    Japan
    Correct
    Wrong
  • 3
    China
    Correct
    Wrong
  • 4
    Brazil
    Correct
    Wrong
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Answer : 1. "USA"

Q:

National Insurance Academy located in ________.

1579 0

  • 1
    Chennai
    Correct
    Wrong
  • 2
    Calcutta
    Correct
    Wrong
  • 3
    Pune
    Correct
    Wrong
  • 4
    Hyderabad
    Correct
    Wrong
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Answer : 3. "Pune"

Q:

Name the first Payment Bank of India that launches integrated UPI on its digital plat form. 

1563 0

  • 1
    Airtel Payments Bank
    Correct
    Wrong
  • 2
    Paytm Payments Bank
    Correct
    Wrong
  • 3
    India Post Payments Bank
    Correct
    Wrong
  • 4
    FINO Payments Bank
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "Airtel Payments Bank "

Q:

Who is the chairperson of the Monetary Policy Committee of India? 

1522 0

  • 1
    RBI Governor
    Correct
    Wrong
  • 2
    Prime Minister
    Correct
    Wrong
  • 3
    Finance Minister
    Correct
    Wrong
  • 4
    Chief Economic Advisor
    Correct
    Wrong
  • 5
    All of the above
    Correct
    Wrong
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Answer : 1. "RBI Governor "

Q:

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

1459 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:

ATMs cards are issued to a person who maintains the accounts of – 

1450 0

  • 1
    Saving account
    Correct
    Wrong
  • 2
    Term deposit account
    Correct
    Wrong
  • 3
    Current account
    Correct
    Wrong
  • 4
    Both 1 & 2
    Correct
    Wrong
  • 5
    Either 1 or 3
    Correct
    Wrong
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Answer : 5. "Either 1 or 3 "

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:

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"

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