Daily Banking And Financial Awareness MCQ- Set 14
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Practice the Daily Banking and Financial Awareness MCQ/ quiz and be prepared for the upcoming IBPS, SBI exams. The Banking Articles available on Achiever's Rule can be helpful for your preparation. Download the available PDFs as those are the most effective study material.
Q1.Which section of banking regulation act 1949 deals with the return of unclaimed deposits ?
A.Section 27
B.Section 26
C.Section 23
D.Section 21
E.None of these
A.Section 27
B.Section 26
C.Section 23
D.Section 21
E.None of these
Q2.Who is the Chairman of GST Council ?
A.Prime Minister
B.President
C.Finance Minister
D.Governor General of India
E.None of them
A.Prime Minister
B.President
C.Finance Minister
D.Governor General of India
E.None of them
Q3.GST was passed through which Amendment Bill of the Constitution ?
A.124 Amendment Bill, 2016
B.120 Amendment Bill, 2016
C.121 Amendment Bill, 2016
D.122 Amendment Bill, 2016
E.None of these
A.124 Amendment Bill, 2016
B.120 Amendment Bill, 2016
C.121 Amendment Bill, 2016
D.122 Amendment Bill, 2016
E.None of these
Q4.NUUP stands for which of the following ?
A.Nationalized Uniform USSD Platform
B.New Universal USSD Platform
C.National Unified USSD Platform
D.New Unified USSD Platform
E.None of These
A.Nationalized Uniform USSD Platform
B.New Universal USSD Platform
C.National Unified USSD Platform
D.New Unified USSD Platform
E.None of These
Q5.Which of the following taxes are bounded with GST ?
A.Entry Tax
B.Luxury Tax
C.Food Tax
D.Entertainment Tax
E.All of these
A.Entry Tax
B.Luxury Tax
C.Food Tax
D.Entertainment Tax
E.All of these
Q6.GSTN stands for which of the following ?
A.Goods Ans Sales Tax Network
B.Goods And Service Tax Network
C.Good And Simple Tax Network
D.Good And Systematic Tax Network
E.None of these
A.Goods Ans Sales Tax Network
B.Goods And Service Tax Network
C.Good And Simple Tax Network
D.Good And Systematic Tax Network
E.None of these
Q7.Which of the payment Services is available 24*7 ?
A.NEFT
B.IMPS
C.RTGS
D.UPI
E.None of these
A.NEFT
B.IMPS
C.RTGS
D.UPI
E.None of these
Q8.QSAM stands for which of the following ?
A.Quick Service On Adhaar Mapper
B.Quick Systematic On Adhaar Mapper
C.Query Service On Adhaar Mapper
D.Queued Service On Adhaar Mapper
E.None of these
A.Quick Service On Adhaar Mapper
B.Quick Systematic On Adhaar Mapper
C.Query Service On Adhaar Mapper
D.Queued Service On Adhaar Mapper
E.None of these
Q9.How much GST is charged on the Purchase of fresh vegetables ?
A.1%
B.2%
C.0%
D.3%
E.5%
A.1%
B.2%
C.0%
D.3%
E.5%
Q10.Which section of Negotiable Instruments Act, 1881 deals with the Cheque ?
A.Section 4
B.Section 5
C.Section 6
D.Section 10
E.Section 12
A.Section 4
B.Section 5
C.Section 6
D.Section 10
E.Section 12
Q11.Who governs the purchases of securities ?
A.Transaction Tax
B.Securities Tax
C.Purchase Tax
D.Securities Transaction Tax
E.None of these
A.Transaction Tax
B.Securities Tax
C.Purchase Tax
D.Securities Transaction Tax
E.None of these
Q12.Which section of Negotiable Instruments Act 1881 deals with the Bill of Exchange ?
A.Section 1
B.Section 3
C.Section 7
D.Section 12
E.Section 5
A.Section 1
B.Section 3
C.Section 7
D.Section 12
E.Section 5
Q13.IFSC stands for which of the following ?
A.International Financial System Code
B.Indian Financial System Code
C.Integrated Financial System Code
D.Innovative Financial System Code
E.None of these
A.International Financial System Code
B.Indian Financial System Code
C.Integrated Financial System Code
D.Innovative Financial System Code
E.None of these
Q14.How much GST will be applicable for the purchase of Gold?
A.5%
B.3%
C.2%
D.4%
E.0%
A.5%
B.3%
C.2%
D.4%
E.0%
Q15.GSTN creates a platform for which of the following ?
A.Stake Holders
B.Government
C.Tax Payers
D.Only A and B
E.All of these
A.Stake Holders
B.Government
C.Tax Payers
D.Only A and B
E.All of these
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