Account and Finance Questions Practice Question and Answer

Q:

Fiscal policy is not a tool

491 0

  • 1
    public expenditure
    Correct
    Wrong
  • 2
    bank rate
    Correct
    Wrong
  • 3
    SLR
    Correct
    Wrong
  • 4
    public debt
    Correct
    Wrong
  • 5
    2 and 3
    Correct
    Wrong
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Answer : 5. "2 and 3"

Q:

The tools of fiscal policy are

635 0

  • 1
    bank rate
    Correct
    Wrong
  • 2
    repo rate
    Correct
    Wrong
  • 3
    Reverse Repo Rate
    Correct
    Wrong
  • 4
    Public debt
    Correct
    Wrong
  • 5
    CRR rate
    Correct
    Wrong
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Answer : 4. "Public debt"

Q:

Practiced in times of inflation

612 0

  • 1
    Pump Priming Policy
    Correct
    Wrong
  • 2
    Positive Compensatory Expenditure Policy
    Correct
    Wrong
  • 3
    Negative Compensatory Expenditure Policy
    Correct
    Wrong
  • 4
    Both 2 and 3
    Correct
    Wrong
  • 5
    Both 1 and 3
    Correct
    Wrong
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Answer : 3. "Negative Compensatory Expenditure Policy"

Q:

Form of public expenditure

411 0

  • 1
    Reconnaissance Expenses
    Correct
    Wrong
  • 2
    Compensatory expenditure
    Correct
    Wrong
  • 3
    Personal expenditure
    Correct
    Wrong
  • 4
    Both 1 and 2
    Correct
    Wrong
  • 5
    All these
    Correct
    Wrong
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Answer : 4. "Both 1 and 2"

Q:

Functional finance is related to

513 0

  • 1
    Monetary policy
    Correct
    Wrong
  • 2
    Fiscal policy
    Correct
    Wrong
  • 3
    Five year plan
    Correct
    Wrong
  • 4
    Both
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Fiscal policy"

Q:

Which among the following formulates the Fiscal policy in India?   

975 0

  • 1
    RBI
    Correct
    Wrong
  • 2
    SEBI
    Correct
    Wrong
  • 3
    Ministry of Finance
    Correct
    Wrong
  • 4
    NITI Aayog
    Correct
    Wrong
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Answer : 3. "Ministry of Finance "

Q:

Which digital payment digital payment platform has tied up with a clutch of leading Indian banks to offer tokenized card services to customers on its UPI app?

1167 0

  • 1
    Mobikwik
    Correct
    Wrong
  • 2
    PhonePe
    Correct
    Wrong
  • 3
    Google Pay
    Correct
    Wrong
  • 4
    Amazon Pay
    Correct
    Wrong
  • 5
    Paytm
    Correct
    Wrong
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Answer : 3. "Google Pay"

Q:

Which bank has tied up with Mumbai Metro to launch ‘One Mumbai Metro Card’ powered by Mastercard, to ensure contactless and cashless travel for Mumbaikars?

1137 0

  • 1
    HDFC Bank
    Correct
    Wrong
  • 2
    IndusInd Bank
    Correct
    Wrong
  • 3
    Axis Bank
    Correct
    Wrong
  • 4
    Yes Bank
    Correct
    Wrong
  • 5
    ICICI Bank
    Correct
    Wrong
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Answer : 3. "Axis Bank"

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