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34 questions · timed · auto-graded

MCQ 11 Mark
Which of the following things is mentioned when secrecy is to be maintained?
  • A
    Punctuality
  • Financial
  • C
    Name and Addrcss
  • D
    Account Number
Answer
Correct option: B.
Financial
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MCQ 21 Mark
How is the amount written in bank correspondence?
  • A
    In figure
  • B
    In words
  • In figure and words
  • D
    In Roman letters
Answer
Correct option: C.
In figure and words
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MCQ 31 Mark
Letter written to obtain locker facility is called ?
  • Request letter
  • B
    Complaint letter
  • C
    Order letter
  • D
    Appreciation letter
Answer
Correct option: A.
Request letter
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MCQ 41 Mark
Which of the following institution controls and gives suggestions to all the banks of the country?
  • A
    State Government 
  • Reserve Bank
  • C
    Municipality
  • D
    Central Government
Answer
Correct option: B.
Reserve Bank
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MCQ 51 Mark
For getting overdraft facility, which type of account is necessary?
  • A
    Current Account
  • Saving Account
  • C
    Firm’s Account
  • D
    Recurring Account.
Answer
Correct option: B.
Saving Account
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MCQ 61 Mark
What should  send when a person wants to close the account as enclosure?
  • A
    Unused Pay$-$in$-$Sleep.
  • Unused Check
  • C
    Bank Statement
  • D
    Passbook.
Answer
Correct option: B.
Unused Check
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MCQ 71 Mark
The Person who gets facility of locker in the bank, what should be given to the bank?
  • A
    Royalty
  • B
    Brokerage
  • Rent
  • D
    Interest.
Answer
Correct option: C.
Rent
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MCQ 81 Mark
Demat Account is associated with $.........?$
  • A
    Gold Market.
  • B
    Finance Market.
  • Share Market.
  • D
    Economic Market.
Answer
Correct option: C.
Share Market.
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MCQ 91 Mark
What details do not need to be filled in the form to open the bank account?
  • A
    Name of the person or firm.
  • Firm’s total sales.
  • C
    Account holder's sign.
  • D
    Address of firm or person.
Answer
Correct option: B.
Firm’s total sales.
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MCQ 101 Mark
Which organization is responsible for providing all types of instructions in the country?
  • A
    State Government.
  • $\text{RBI}$
  • C
    Municipality
  • D
    Central Government.
Answer
Correct option: B.
$\text{RBI}$
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MCQ 111 Mark
What type of letter is written to get the locker facility in the bank?
  • Request Letter
  • B
    Complaint Letter
  • C
    Command Letter
  • D
    Appreciation Letter.
Answer
Correct option: A.
Request Letter
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MCQ 121 Mark
When the financial statement is mentioned in the letter dealing with the bank, how can it be written?
  • A
    In Number
  • B
    In Words
  • Figures and Words
  • D
    In Roman Numbers.
Answer
Correct option: C.
Figures and Words
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MCQ 131 Mark
What is the following in the letter dealing with the bank when it is mentioned that it is necessary to maintain the letter's privacy?
  • A
    Timing
  • Financial
  • C
    Name $\&$ Address
  • D
    Account Number.
Answer
Correct option: B.
Financial
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MCQ 141 Mark
What matters can be known about the country by the bank?
  • A
    Business
  • Economical
  • C
    Financial
  • D
    All of these.
Answer
Correct option: B.
Economical
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MCQ 151 Mark
What is the integral part of the country's financial affairs?
  • Bank
  • B
    Parliament
  • C
    President House
  • D
    All of these.
Answer
Correct option: A.
Bank
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MCQ 161 Mark
What is the bank letter dealing in?
  • Simple Style
  • B
    Book pen
  • C
    Mobile
  • D
    None of These.
Answer
Correct option: A.
Simple Style
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MCQ 171 Mark
What should written in bank correspondence What should written in bank correspondence
  • Account number and Type.
  • B
    Account Type.
  • C
    Account Number.
  • D
    All of These.
Answer
Correct option: A.
Account number and Type.
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MCQ 181 Mark
Name the country's central bank.
  • $\text{RBI}$
  • B
     $\text{SBI}$
  • C
     $\text{ICICI}$
  • D
    $\text{HDF}$
Answer
Correct option: A.
$\text{RBI}$
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MCQ 191 Mark
Who cares for the bank?
  • A
    $\text{SBI}$
  • $\text{RBI}$
  • C
    $\text{NABARD}$
  • D
    Prime Minister.
Answer
Correct option: B.
$\text{RBI}$
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MCQ 211 Mark
What does $\text{RBI}$ decide?
  • A
    Policy
  • B
    Planning
  • Planning and Policy
  • D
    None of these
Answer
Correct option: C.
Planning and Policy
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MCQ 221 Mark
Who determines the interest rate for a bank?
  • A
    $\text{SBI}$
  • B
    $\text{CBI}$
  • C
    $\text{HDFC}$
  • $\text{RBI}$
Answer
Correct option: D.
$\text{RBI}$
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MCQ 241 Mark
Bank correspondence is required to open an account?
  • A
    Yes
  • No
  • C
    Can Not be Sai
  • D
    All of the above.
Answer
Correct option: B.
No
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MCQ 251 Mark
What does say to the $\text{RBI’s}$ officer?
  • Governor
  • B
    President
  • C
    Chief Minister
  • D
    Prime Minister.
Answer
Correct option: A.
Governor
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MCQ 261 Mark
Who is responsible for regulating rules for farming banks?
  • A
    $\text{SBI}$
  • $\text{NABARD}$
  • C
    $\text{RBI}$
  • D
    All above.
Answer
Correct option: B.
$\text{NABARD}$
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MCQ 271 Mark
What kind of bank $\text{NABARD}$ is?
  • Agricultural
  • B
    Business
  • C
    Private
  • D
    None of these.
Answer
Correct option: A.
Agricultural
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MCQ 281 Mark
To whom is the Bank responsible?
  • A
    Country
  • $\text{RBI}$
  • C
    President
  • D
    Prime Minister.
Answer
Correct option: B.
$\text{RBI}$
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MCQ 291 Mark
In bank transactions $...........$ is very necessary.
  • A
    Accuracy
  • B
    Punctuality
  • Accuracy and Punctuality
  • D
    None.
Answer
Correct option: C.
Accuracy and Punctuality
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MCQ 301 Mark
In bank transactions $............$ should written compulsory.
  • Date
  • B
    Day
  • C
    Time
  • D
    Place.
Answer
Correct option: A.
Date
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MCQ 311 Mark
Which language should the buck be dealt with?
  • A
    In Figurative Language.
  • B
    In English Language.
  • In Simple and Easy Language.
  • D
    In the Language you Like.
Answer
Correct option: C.
In Simple and Easy Language.
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MCQ 321 Mark
Who can avail cash credit facility from the bank?
  • Current Account Holder.
  • B
    Savings Account Holder.
  • C
    Fix Deposit Account Holder.
  • D
    Recurring Account Holder.
Answer
Correct option: A.
Current Account Holder.
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MCQ 331 Mark
For business purpose which account should be open in bank?
  • A
    Savings Account
  • B
    Fixed Term Deposit Account
  • Current Account
  • D
    Joint Account.
Answer
Correct option: C.
Current Account
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MCQ 341 Mark
When a bank dishonour cheque wrongfully, what effects arise?
  • A
    It hurts a lot.
  • B
    Financial loss occurs.
  • C
    Problems arise in Accounts.
  • It harms to impression.
Answer
Correct option: D.
It harms to impression.
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MCQ - SPCC STD 12 Commerce Questions - Vidyadip