Finance Inspector Examination MCQs with solutions

1. What are three additional days known as that a drawer gives to the drawee for payment?

A

Conditional days

B

Additional days

C

Days of grace

D

Days of rebate

ABK Finance Inspector
Correct Answer: C
Explanation

Three additional days given by a drawer to the drawee for payment are known as "days of grace." These days are typically added to the due date of a bill of exchange or promissory note, allowing the drawee additional time to make payment without incurring penalties or default.

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Wrong Answered :

2. Choose the correct antonym of the given word : Fickle

A

Constant

B

Faithful

C

Questionable

D

Convenient

Antonym Finance Inspector
Correct Answer: A
Explanation

The correct antonym of the word "fickle" is **constant** or **steady**.

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3. Choose the most appropriate option to change the sentence from direct speech to indirect speech : 

The spectators said, "Bravo! Well played, Ravi."


A

The spectators called Ravi bravo because he had played well.

B

The spectators said that Ravi played well and applauded him.

C

The spectators applauded Ravi, saying that he had played well.

D

The spectators encouraged Ravi saying that he played well.

Indirect Speech Finance Inspector
Correct Answer: C
Explanation

The most appropriate option to change the sentence from direct speech to indirect speech is:

The spectators applauded Ravi, saying that he had played well.

This option maintains the essence of the original statement while correctly transforming it into indirect speech, where the speech of the spectators is reported indirectly.

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