Account and Finance Questions Practice Question and Answer

Q:

The government notified a hike in the foreign direct investment (FDI) limit in pension fund management to what percent under the national pension system (NPS)?

865 0

  • 1
    74%
    Correct
    Wrong
  • 2
    100%
    Correct
    Wrong
  • 3
    49%
    Correct
    Wrong
  • 4
    64%
    Correct
    Wrong
  • 5
    70%
    Correct
    Wrong
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Answer : 1. "74%"

Q:

Which financial institution has launched new health insurance plan called Arogya Rakshak?

655 0

  • 1
    IRDAI
    Correct
    Wrong
  • 2
    SIDBI
    Correct
    Wrong
  • 3
    SBI
    Correct
    Wrong
  • 4
    SEBI
    Correct
    Wrong
  • 5
    LIC
    Correct
    Wrong
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Answer : 5. "LIC"

Q:

Bharti Airtel has partnered with which industry group for 'Made in India' 5G network solutions?

648 0

  • 1
    Bajaj Group
    Correct
    Wrong
  • 2
    Adani Group
    Correct
    Wrong
  • 3
    Tata Group
    Correct
    Wrong
  • 4
    Aditya Birla Group
    Correct
    Wrong
  • 5
    Mahindra Group
    Correct
    Wrong
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Answer : 3. "Tata Group"

Q:

Which bank has launched a ‘SIM Binding’ feature in its digital banking platforms to protect customers from various frauds?

662 0

  • 1
    Union Bank of India
    Correct
    Wrong
  • 2
    HDFC Bank
    Correct
    Wrong
  • 3
    Yes Bank
    Correct
    Wrong
  • 4
    ICICI Bank
    Correct
    Wrong
  • 5
    State Bank of India
    Correct
    Wrong
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Answer : 5. "State Bank of India"

Q:

ESIC Works under which of the following ministry?

704 0

  • 1
    Ministry of Home Affairs
    Correct
    Wrong
  • 2
    Ministry Rural Development
    Correct
    Wrong
  • 3
    Ministry of Finance
    Correct
    Wrong
  • 4
    Ministry of Personnel and Public grievance
    Correct
    Wrong
  • 5
    Ministry of Labour and Employment
    Correct
    Wrong
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Answer : 5. "Ministry of Labour and Employment"

Q:

The Confederation of Real Estate Developers’ Associations of India (CREDAI) has signed a memorandum of understanding (MoU) with which payments bank to facilitate opening of bank accounts for construction workers?

802 0

  • 1
    Jio Payments Bank
    Correct
    Wrong
  • 2
    Paytm Payments Bank
    Correct
    Wrong
  • 3
    Airtel Payments Bank
    Correct
    Wrong
  • 4
    India Post Payments Bank
    Correct
    Wrong
  • 5
    Fino Payments Bank
    Correct
    Wrong
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Answer : 4. "India Post Payments Bank"

Q:

____________ is the official minimum rate at which the Central Bank of a country re-discounts the approved bills, held by commercial banks.

594 0

  • 1
    Prime Lending Rate
    Correct
    Wrong
  • 2
    Reverse Repo Rate
    Correct
    Wrong
  • 3
    Repo Rate
    Correct
    Wrong
  • 4
    Bank rate
    Correct
    Wrong
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Answer : 4. "Bank rate"

Q:

GST stands for_____

971 0

  • 1
    Goods and Services Tax
    Correct
    Wrong
  • 2
    Growth and Service Tax
    Correct
    Wrong
  • 3
    Growth and Sale Tax
    Correct
    Wrong
  • 4
    Goods and Sales Tax
    Correct
    Wrong
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Answer : 1. "Goods and Services Tax"

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