Account and Finance Questions Practice Question and Answer

Q:

When was the first Savings Bank established in Hamburg?

579 0

  • 1
    1760
    Correct
    Wrong
  • 2
    1765
    Correct
    Wrong
  • 3
    1770
    Correct
    Wrong
  • 4
    1775
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "1765"

Q:

The theory of distribution relates to which of the following?

578 0

  • 1
    The distribution of assets
    Correct
    Wrong
  • 2
    The distribution of income
    Correct
    Wrong
  • 3
    The distribution of factor payments
    Correct
    Wrong
  • 4
    Equality in the distribution of the income and wealth
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "Equality in the distribution of the income and wealth"

Q:

In which year, RBI was nationalized?

559 0

  • 1
    1939
    Correct
    Wrong
  • 2
    1949
    Correct
    Wrong
  • 3
    1959
    Correct
    Wrong
  • 4
    1969
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "1949"

Q:

Which of the following documents is/are considered as officially valid document to satisfy KYC norms for opening a Bank account?
A. Passport
B. P A N
C. Aadhar number issued by Unique Identification Authority of India

557 0

  • 1
    Only (A)
    Correct
    Wrong
  • 2
    Only (B)
    Correct
    Wrong
  • 3
    Only (A) and (B)
    Correct
    Wrong
  • 4
    All (A), (B) and (C)
    Correct
    Wrong
  • 5
    Only (B) and (C)
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "All (A), (B) and (C) "

Q:

Which of the following country is the largest lender of America?

555 0

  • 1
    Britain
    Correct
    Wrong
  • 2
    Japan
    Correct
    Wrong
  • 3
    China
    Correct
    Wrong
  • 4
    Brazil
    Correct
    Wrong
  • 5
    India
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "China"

Q:

Match the characteristics with their market structure:

(a) Firm has control over quantity of output but it must take into account reactions of competitors.

b) Firm will tend to set output so that it earns maximum profits.

549 0

  • 1
    (a) Oligopoly, (b) Pure competition
    Correct
    Wrong
  • 2
    (a) Monopolistic competition, (b) Oligopoly
    Correct
    Wrong
  • 3
    (a) Pure Monopoly, (b) Pure competition
    Correct
    Wrong
  • 4
    (a) Oligopoly, (b) Pure Monopoly
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "(a) Oligopoly, (b) Pure competition"

Q:

Which method comes under qualitative control?

541 0

  • 1
    Open Market Activities
    Correct
    Wrong
  • 2
    Direct action
    Correct
    Wrong
  • 3
    Publicity
    Correct
    Wrong
  • 4
    Moral persuasion
    Correct
    Wrong
  • 5
    2,3 and 4
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "Open Market Activities"

Q:

Which of the following banks has launched a new product to provide a short-term working capital demand loan to its MSME clients?

536 0

  • 1
    SBI
    Correct
    Wrong
  • 2
    ICICI
    Correct
    Wrong
  • 3
    Axis Bank
    Correct
    Wrong
  • 4
    HDFC Bank
    Correct
    Wrong
  • 5
    Yes Bank
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "SBI"
Explanation :

State Bank of India today said it has launched a new product to provide short-term working capital demand loans to its MSME clients.

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully