Test 3 ADBT

Q 1 These are trays in Finten

Self

Group

Both above

Only first

Q 2 different entities in retail CIF are

Customer noncustomer

Potential

All above

Q 3 non customer entity is one

Who has account with the bank

Who has come to bank for making draft once

Associated to some other customer

Who transacts with the bank

Q 4 CIF is

Customer information file

Customer identification file

Customer identical file

Any of the above

Q 5 household id

Keeps data of household

Gives consolidated position of all family members

Connects all family members of a family

B and c both
Q 6 checks performed at the time of approving CIF are

Duplication

Black list

Negation

All of above

Q 7 What is relationship between banker & customer in case of lockers

Bailer & bailee
Trustee & beneficiary
Lessor & lessee
Agent & Principal

Q8 The total of balance sheet 5,00,000. Value of equity is 2,00,000. What is the value of outside liability
100000
200000
300000
500000
Q9 current assets are 3 lacs, current liability is 2 lacs . current ratio is
1
2
1.5
2.5
Q 10 current assets are 3 lacs, current liability is 2 lacs . net working capital is
2 lacs
3 lacs
1 lac
None of the above
Q 11 in special crossing name of bank is a must
It should be between two parallel lines
It can be without parallel lines also
None is correct
Both are correct

Q 12 a minor can
Draw a cheque
Endorse a cheque
Negotiate a cheque
Can do all the three above
Q13 Debenture is a short term source of fund
True
False
May be true
May be false
Q 14 Gross profit cannot be less than net profit
True
False
May be true
May be false
Q 15 current assets are 80. Current liability is 40. What is Net working capital ?
80
40
20
None of above
Q 16 current assets are 40, current liabilities are also 40. What is current ratio ?
1
2
6
8
Q 17 Balance sheet total is 80, short term sources are 20. Net worth is 10. What are Long term liabilities
40
30
50
60
Q18 example of intangible asset is
Good will
Cash
Bank balance
Stock
Q 19 wages are
Direct expenses
Indirect expenses
Part of current assets
Part of current liability
Q20 pre paid expenses are a part of
Current assets
Current liability
Fixed assets
Tangible assets
Q 21 capital 650000, reserves 500000, secured creditors 400000. Calculate net worth

1550000
650000
400000
1150000

Q 22 Current ratio is 2. Value of current asset is 600000. What is the value of current liabilities?
200000
100000
300000
400000
Q23 Totals of assets is 100. Long term sources of funds are 70. What is the value of current liabilities
50
20
30
10

Q 24 SB no FRILL account is
General ledger
Subsidiary general ledger
Total general ledger
Substitute general ledger

Q 25 in FD account more principal can be added in

Referral accounts
Top up loans
Top up deposits
Any of the above

Q 26 which of the following is payment of due course?

Payment of post dated cheque
Payment of undated cheque without date
Cheque without signature of drawer
None of the above

Q 27 which of the document is important for a company account

Article of association
Memorandum of association
Letter of incorporation
All the three
Q 28 Cash credit is
Fund based
Non fund based
Can be any
None
Q 29 letter of credit is
Fund based
Non fund based
Can be any
None

Q 30 loan can be given to a person against fixed deposit receipt of other bank
True
False
May be true
Cant say

Answer

1c

2d

3b

4a

5d

6d

7c

8c

9c

10c

11D

12D
13B

14A

15B

16A

17C

18A

19A

20 A

21D

22C

23C

24b

25c

26c

27d

28a

29b

30b