Account and Finance Questions Practice Question and Answer

Q:

Which bank has launched a ‘SIM Binding’ feature in its digital banking platforms to protect customers from various frauds?

391 0

  • 1
    Union Bank of India
    Correct
    Wrong
  • 2
    HDFC Bank
    Correct
    Wrong
  • 3
    Yes Bank
    Correct
    Wrong
  • 4
    ICICI Bank
    Correct
    Wrong
  • 5
    State Bank of India
    Correct
    Wrong
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Answer : 5. "State Bank of India"

Q:

ESIC Works under which of the following ministry?

387 0

  • 1
    Ministry of Home Affairs
    Correct
    Wrong
  • 2
    Ministry Rural Development
    Correct
    Wrong
  • 3
    Ministry of Finance
    Correct
    Wrong
  • 4
    Ministry of Personnel and Public grievance
    Correct
    Wrong
  • 5
    Ministry of Labour and Employment
    Correct
    Wrong
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Answer : 5. "Ministry of Labour and Employment"

Q:

Which financial institution has launched new health insurance plan called Arogya Rakshak?

381 0

  • 1
    IRDAI
    Correct
    Wrong
  • 2
    SIDBI
    Correct
    Wrong
  • 3
    SBI
    Correct
    Wrong
  • 4
    SEBI
    Correct
    Wrong
  • 5
    LIC
    Correct
    Wrong
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Answer : 5. "LIC"

Q:

Credit Foncier was first established in France in the year 1952. He is called the father of land mortgage banks. When was the first co-operative land-mortgage bank established in our country in Punjab?

369 0

  • 1
    1920
    Correct
    Wrong
  • 2
    1925
    Correct
    Wrong
  • 3
    1935
    Correct
    Wrong
  • 4
    1940
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "1920"

Q:

When was the first Savings Bank established in Hamburg?

347 0

  • 1
    1760
    Correct
    Wrong
  • 2
    1765
    Correct
    Wrong
  • 3
    1770
    Correct
    Wrong
  • 4
    1775
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "1765"

Q:

What is the uniform GST rate that has been fixed up for lottery prizes by the GST Council?

342 0

  • 1
    28%
    Correct
    Wrong
  • 2
    10%
    Correct
    Wrong
  • 3
    18%
    Correct
    Wrong
  • 4
    32%
    Correct
    Wrong
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Answer : 1. "28%"

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?

339 0

  • 1
    Taxation Law
    Correct
    Wrong
  • 2
    Commercial law
    Correct
    Wrong
  • 3
    Banking Regulation Law
    Correct
    Wrong
  • 4
    Property law
    Correct
    Wrong
  • 5
    All of the above
    Correct
    Wrong
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Answer : 3. "Banking Regulation Law"

Q:

Which of the following terms is used in Banking?

333 0

  • 1
    Epicentre
    Correct
    Wrong
  • 2
    Pascal’s Law
    Correct
    Wrong
  • 3
    Currency
    Correct
    Wrong
  • 4
    Centre of Gravity
    Correct
    Wrong
  • 5
    Latitude
    Correct
    Wrong
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Answer : 3. "Currency"

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