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This section includes 7 InterviewSolutions, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
According to Storytelling with Data, data is Computer readable information & _____________? |
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Answer» Information collected about the physical world |
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| 2. |
Consideration of debenture is(a) Profit(b) Dividend(c) Interest(d) None of these |
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Answer» Consideration of debenture is Interest. |
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| 3. |
Balance of share forfeiture Account is shown in the balance sheet under the item.(a) Reserves and surplur(b) Current liabilities and provision(c) Share capital Account(d) None of these |
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Answer» (a) Reserves and surplur |
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| 4. |
It a share of Rs. 10 on which Rs 8 has been called and Rs. 6 is paid is forfeited, the share capital account should be debited with(a) Rs. 08(b) Rs. 10(c) Rs. 06(d) Rs. 02 |
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Answer» It a share of Rs. 10 on which Rs 8 has been called and Rs. 6 is paid is forfeited, the share capital account should be debited with Rs. 08. |
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| 5. |
Data storytelling make information memorable and __________ |
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Answer» Easier to retain |
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| 6. |
When shares are forfeited, the share capital account is bedited with(a) Nominal Value of Shares(b) Market value of shares(c) Called-up value of shares(d) Paid up capital of shares |
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Answer» When shares are forfeited, the share capital account is bedited with Called-up value of shares |
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| 7. |
Share forfeiture account is shown in the balance sheet(a) With current liabilities(b) With not current liabilities(c) With general reserve(d) With paid-up capital |
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Answer» Share forfeiture account is shown in the balance sheet With paid-up capital |
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| 8. |
___________ is the first step involved in Data Storytelling |
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Answer» Data Exploration |
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| 9. |
Forfeiture of shares results in the reduction of(a) Paid-up capita(b) Authorised Capital(c) Fixed Asset(d) Paid up capital of share |
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Answer» Forfeiture of shares results in the reduction of Paid-up capita. |
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| 10. |
Forfeiture of shares results in the reduction of:(a) Paid-up- capitals(b) Authorised Capital(c) Reserve Capital(d) None of these |
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Answer» Forfeiture of shares results in the reduction of Paid-up- capitals. |
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| 11. |
Narrative is the way we simplify and ____________. |
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Answer» Make sense of a complex world |
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| 12. |
Identify the below elements used to make a compelling data story |
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Answer» Visualization & Data |
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| 13. |
Which of the following statement is correct ? (A) Assets = Liability + Shareholders Fund (B) Assets = Total Fund (C) Assets = funds of outsiders (D) None of the above |
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Answer» Correct option is: (A) Assets = Liability + Shareholders Fund |
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| 14. |
A well-told story is an inspirational narrative that is crafted to engage the audience across ___________. |
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Answer» Boundaries and Culture |
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| 15. |
It debentures of Rs. 1000 purchased for Rs. 980 by the company then the difference of Rs. 20 will be assumed to be.(a) profit on redemption of debenture(b) Loss on redemption of debenture(c) Goodwill(d) None of these |
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Answer» (a) profit on redemption of debenture |
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| 16. |
In which Meeting of company, directors report is presented ?(A) Directors meeting (B) Annual General meeting (C) Managers meeting (D) All the above |
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Answer» Correct option is: (B) Annual General meeting |
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| 17. |
On the basis of process, which of the following is the type of financial analysis (a) Horizontal Analysis(b) Vertical Analysis(c) Ratio Analysis(d) Both a and b |
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Answer» Vertical Analysis is the type of financial analysis |
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| 18. |
Highlight the main features of demographic dividend in India. |
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Answer» The main features of demographic dividend in India are as follows: 1. India has a very young population - that is, majority of Indians average age of Indians is less than that for most other countries. 2. India has a large portion of working age population, i.e. between 15 to 64 years. 3. It has relatively small proportion of old age population to support. 4. The dependent portion of population would turn into working age population in some time, due to demographic transition, thus raising the prospects for growth. |
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| 19. |
Rate of interest on debentures is(a) 12% p.a(b) 20% p.a(c) fixed rate(d) None of these |
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Answer» Rate of interest on debentures is fixed rate |
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| 20. |
In which meeting of company director’s report is presented :(a) Director Meeting(b) Annual general meeting(c) Managers Meeting(d) None of these |
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Answer» Managers Meeting of company director’s report is presented : |
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| 21. |
Premium on redemption of debentures is(a) A real account(b) A nominal account income(c) A personal account(d) A nominal account expenditure |
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Answer» Premium on redemption of debentures is A nominal account expenditure |
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| 22. |
Premium on redemption of debentures A/C is in the nature of.(a) Personal A/C(b) Real A/C(c) Nominal A/C(d) None of these |
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Answer» Premium on redemption of debentures A/C is in the nature of Nominal A/C |
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| 23. |
The reserve which is created for a particular /specific purpose and which is a charged against revenue is called :(a) Capital reserve(b) General reserve(c) Specific reserve(d) None of these |
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Answer» The reserve which is created for a particular /specific purpose and which is a charged against revenue is called Capital reserve |
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| 24. |
Profit on sale of sinking fund investments is transferred to.(a) Profit and loss account(b) General reserve(c) Sinking fund account(d) None of these |
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Answer» Profit on sale of sinking fund investments is transferred to Sinking fund account |
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| 25. |
The balance of sinking fund account after the redemption of debenture is transferred to.(a) Profit & loss account(b) Profit & loss appropriation A/C(c) Reserve A/C(d) None of these |
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Answer» The balance of sinking fund account after the redemption of debenture is transferred to Reserve A/C. |
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| 26. |
The prescribed from of the balance sheet is given in which schedule of the campanies act, 2013.(a) III part I(b) III part II(c) III part III(d) None of these |
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Answer» (c) III part III |
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| 27. |
The balance of sinking fund Investment Account after the realization of investments is transferred to:(a) Profit and loss A/c(b) Debenture A/c (c) Sinking fund A/c(d) None of these |
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Answer» The balance of sinking fund Investment Account after the realization of investments is transferred to Profit and loss A/c |
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| 28. |
The chief regulator of commodity exchanges in India isA. Securities and Exchange Board of IndiaB. Reserve Bank of IndiaC. Competition Commission of IndiaD. Forward Markets Commission |
| Answer» Correct Answer - D | |
| 29. |
Which of the following Regional Rural Banks (RRBs) has been mearged with Punjab Gramin Bank and Sutlej Gramin Bank to from a single RRB entity?A. Gramin Bank of AryavartB. Madhyanchal Gramin BankC. Malwa Gramin BankD. Saptagiri Grameena Bank |
| Answer» Correct Answer - C | |
| 30. |
________has announced the launch of a service to enable NRIs to send money to beneficiaries in India using social media apps such as WhatsApp and e-mail.A. Bank of BarodaB. Axis BankC. State Bank of IndiaD. ICICI Bank |
| Answer» Correct Answer - D | |
| 31. |
Which of the following instruments cannot be transferred from one person to another by Endorsement?A. Fixed Deposit ReceiptB. ChequeC. Bill ExchangeD. Promissory Note |
| Answer» Correct Answer - A | |
| 32. |
In a bank which of the following are the usual types of accounts?A. Saving accounts, Electricity accounts and Insurance premium accountsB. Fixed deposits, Post office savings bank accounts and Current deposit accountsC. Current accounts, Savings bank accounts and Term deposit accountsD. Loan accounts, Savings bank accounts and Term deposit accounts |
| Answer» Correct Answer - C | |
| 33. |
The government has identified how many Regional Rural Banks (RRBs) for listing on stock exchanges in line with the Union Budget 2018-19.A. FiveB. twoC. fourD. three |
| Answer» Correct Answer - C | |
| 34. |
The time to Bankuptcy resolution process in Insolvency and Bankruptcy Code (IBC) is_____.A. 100 daysB. 60 daysC. 90 daysD. 120 days |
| Answer» Correct Answer - B | |
| 35. |
For using safe deposit locker facilities, bank customers payA. commission on lockerB. interest on lockerC. erent on lockerD. exchange on locker |
| Answer» Correct Answer - C | |
| 36. |
Bank branches which can undertake foreign exchange business directly are known as ________ in foreign exchange.A. Authorized dealersB. Foreign dealersC. Overseas branchesD. Approved dealers |
| Answer» Correct Answer - A | |
| 37. |
The ministry of Finance recently released a comprehensive paper on Govt. debt. Which of the following is/are true about the same? (A) The paper presents the road map for general debt to be raised by the Govt. of India during the period of 2011-2015 which is the period of the awards of the 13th Finance commission (B) As per the estimates, the traget debt in the terminal year 2014-15 will be lower than whatever recommended by the 13th Finance Commission. (C) The paper has recommended that the Govt. should try to generate resources in such a way that. It does not have to depend much on debt. The total debt should not be more than rd of the total requirements.A. Only (A)B. Only (B)C. Only (A) & (B)D. Only (B) & (C) |
| Answer» Correct Answer - B | |
| 38. |
The usual deposit accounts of banks areA. Current accounts, electricity accounts and insurance premium accountsB. Current accounts, Post office savings bank accounts and term deposit accountsC. Loan acccounts, savings bank accounts and term deposit accountsD. Current accounts, savings bank accounts and term diposit accounts |
| Answer» Correct Answer - D | |
| 39. |
If a crossed cheque is presented for paymentA. cash can be paid across the counter to the presenter.B. cash and be paid across the counter to the account holder only.C. it can be paid only through a banker.D. it cannot be paid at all. |
| Answer» Correct Answer - B | |
| 40. |
In our country, a cheque remain valid for payment for __________ from the date is issue.A. 3 monthsB. 6 monthsC. 9 monthsD. 12 months |
| Answer» Correct Answer - B | |
| 41. |
Credit Cards are knows as __A. Hard moneyB. Easy moneyC. Soft moneyD. Plastic money |
| Answer» Correct Answer - D | |
| 42. |
What is the Repo Rate?A. It is the rate at which RBI sells governement securities to banks.B. It is the rate at which RBI allows small loans in the market.C. It is the rate at which banks borrow money from the Reserve Bank of India.D. It is the rate which is offered by banks to their most valued customers or prime customers. |
| Answer» Correct Answer - C | |
| 43. |
Which of the following represents correct meaning of REPORATE?A. Rate on which RBI sells Government Securities to BanksB. Rate for borrowing rupees by banks from RBIC. Rate offered by banks to their prime customersD. Rate applicable for grant of priority sector loans. |
| Answer» Correct Answer - B | |
| 44. |
Which of the following is a Credit Card Association?A. India CardB. Master CardC. SBI CardsD. Citi Bank Cards |
| Answer» Correct Answer - B | |
| 45. |
Which of the following is not a salient feature of debit card?A. No bad debts to banks and no suits for recoveryB. No interest earning for banksC. Works like a normal withdrawal slipD. 45 days credit is given to the card holder |
| Answer» Correct Answer - D | |
| 46. |
Non-performing Assets are the assets which have stopped givingA. losses to a bankB. capital to a bankC. income to a bankD. income and expenses to a bank |
| Answer» Correct Answer - C | |
| 47. |
The rate at which the domestic currency can be converted into foreign currency and vice versa is known asA. Exchange rateB. MIBORC. Inter-bank Cell money rateD. Base rate |
| Answer» Correct Answer - A | |
| 48. |
Which of the following assets can be mortgaged?A. StockB. Book DebtsC. National Savings CertificatesD. Land and Building |
| Answer» Correct Answer - D | |
| 49. |
The most powerful tool used by the Reserve Bank of India to control inflation is toA. raise interest ratesB. reduce interest ratesC. raise currency supplyD. reduce currency supply |
| Answer» Correct Answer - A | |
| 50. |
Which of the following is NOT a source of funds of a commercial bank?A. CapitalB. Call money borrowingsC. DepositsD. Cash reserves with RBI |
| Answer» Correct Answer - D | |