Account and Finance Questions Practice Question and Answer
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Q: Which of the following rate is charged by banks to their most credit-worthy customers?
522 060338a8904197a15c66fd01b
60338a8904197a15c66fd01b- 1Bank Ratefalse
- 2Repo Ratefalse
- 3Prime Lending Ratetrue
- 4Statutory Liquidity Ratefalse
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Answer : 3. "Prime Lending Rate"
Q: Medium-term loans are provided for a period of _____.
518 060338b1ded952b1532dde895
60338b1ded952b1532dde895- 115 months to 4 yearsfalse
- 21 year to 3 yearstrue
- 31 year to 2 yearsfalse
- 415 months to 3 yearsfalse
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Answer : 2. "1 year to 3 years"
Q: Which is the first bank in India to launch its interactive banking service through Dish TV ?
499 05fc7516db3b23538af6ce0bb
5fc7516db3b23538af6ce0bb- 1SBIfalse
- 2ICICI Banktrue
- 3HDFC Bankfalse
- 4Axis Bankfalse
- 5Dhan Laxmi bankfalse
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Answer : 2. "ICICI Bank"
Q: Public Sector Enterprises (PSEs) is comes under which ministry?
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5fc7573f0cb33424ae8b8a5f- 1Ministry of Heavy Industries and Public Enterprisestrue
- 2Ministry of Environment, Forest and Climate Changefalse
- 3Ministry of Personnel, Public Grievances and Pensionsfalse
- 4Ministry of Corporate Affairsfalse
- 5Ministry of New and Renewable Energyfalse
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Answer : 1. "Ministry of Heavy Industries and Public Enterprises"
Q: Which of the following documents is/are considered as officially valid document to satisfy KYC norms for opening a Bank account?
A. Passport
B. P A N
C. Aadhar number issued by Unique Identification Authority of India
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61d84b28498f632d55002414A. Passport
B. P A N
C. Aadhar number issued by Unique Identification Authority of India
- 1Only (A)false
- 2Only (B)false
- 3Only (A) and (B)false
- 4All (A), (B) and (C)true
- 5Only (B) and (C)false
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Answer : 4. "All (A), (B) and (C) "
Q: RBI absorbs liquidity in the system through :
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5fc750b7d0af4c56f5e70e52- 1Repofalse
- 2Reverse Repotrue
- 3Both A and Bfalse
- 4Either A or Bfalse
- 5None of thesefalse
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Answer : 2. "Reverse Repo"
Q: The government notified a hike in the foreign direct investment (FDI) limit in pension fund management to what percent under the national pension system (NPS)?
473 06125ee047c2fc04f2bea5e50
6125ee047c2fc04f2bea5e50- 174%true
- 2100%false
- 349%false
- 464%false
- 570%false
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Answer : 1. "74%"
Q: FDR is:
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5fc7533eb3b23538af6ce5c3- 1Fix Date Ratefalse
- 2Fixed Deposit Receipttrue
- 3Full Date Ratefalse
- 4All of the abovefalse
- 5None of thesefalse
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Answer : 2. "Fixed Deposit Receipt"
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