Account and Finance Questions Practice Question and Answer
8 Q: An effective way to control inflationary pressures is
548 061b32f568b0b930f5301ceb2
61b32f568b0b930f5301ceb2- 1increase in taxationfalse
- 2reduction in government expenditurefalse
- 3Increase in public lifefalse
- 4Increase in Repo Ratefalse
- 5All thesetrue
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Answer : 5. "All these"
Q: Which of these institutions fixes the Repo Rate and the Reverse Repo Rate in India?
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62be9c091d322d793f527a72- 1Reserve Bank of Indiatrue
- 2Comptroller and Auditor General of Indiafalse
- 3Ministry of Financefalse
- 4State Bank of Indiafalse
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Answer : 1. "Reserve Bank of India"
Q: Teaser Rates are related to which of the following types of loans?
544 061d849d00499556d96bac49b
61d849d00499556d96bac49b- 1Home Loanstrue
- 2Personal Loansfalse
- 3Auto Loansfalse
- 4Reverse Mortgage Loansfalse
- 5Crop Loansfalse
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Answer : 1. "Home Loans "
Q: According to the existing norms, the permission of which of the following has to be taken for mergers and acquisitions in the corporate sector apart from the Reserve Bank of India?
(a) The High Court of the State concerned
(b) Union Cabinet
(c) the cabinets of the respective states
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61b751737a5b3510e9c5eabe- 1(a) and (b) onlytrue
- 2Only (b)false
- 3(c) onlyfalse
- 4Only (a)false
- 5None of thesefalse
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Answer : 1. "(a) and (b) only"
Q: Functional finance is related to
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61b32ba745c0db34860dac23- 1Monetary policyfalse
- 2Fiscal policytrue
- 3Five year planfalse
- 4Bothfalse
- 5None of thesefalse
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Answer : 2. "Fiscal policy"
Q: The Financial Sector Appraisal Committee (CFSA) constituted by the Reserve Bank of India has also recommended some reforms in which of the following laws existing in India?
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61b7638b7a5b3510e9c63a1a- 1Taxation Lawfalse
- 2Commercial lawfalse
- 3Banking Regulation Lawtrue
- 4Property lawfalse
- 5All of the abovefalse
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Answer : 3. "Banking Regulation Law"
Q: IMF and World Bank are considered as such institutions
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61b74fb1993630653cf48536- 1Which strengthens international economic cooperation and helps in building a more stable and prosperous global economyfalse
- 2IMF promotes international monetary cooperation.false
- 3The World Bank promotes long-term economic growth and supports poverty reductionfalse
- 4All of the abovetrue
- 5None of the abovefalse
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Answer : 4. "All of the above"
Q: NACH is a centralised system, launched with an aim to consolidate multiple ECS systems running across the country and provides a framework for the harmonization of standard & practices and removes local barriers/inhibitors. What is the meaning of "H" in NACH?
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62d673d30c053665b696e362- 1Housetrue
- 2Homefalse
- 3Handlefalse
- 4Hostfalse
- 5Honestfalse
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