Account and Finance Questions Practice Question and Answer
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Q: Which among the following is considered to be the most liquid asset?
14338 05e9567d5b1f6a43ba1669036
5e9567d5b1f6a43ba1669036- 1Bitcoinfalse
- 2Goldfalse
- 3Chequefalse
- 4T - billfalse
- 5Moneytrue
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Answer : 5. "Money "
Q: FCCB stands for:
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5fc758c6d0af4c56f5e72fc6- 1Finance and Currency Controller Boardfalse
- 2Foreign Currency Convertible Bondtrue
- 3Foreign Collection for Cash Boardfalse
- 4Foreign Collection for Credit Boardfalse
- 5None of thesefalse
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Answer : 2. "Foreign Currency Convertible Bond "
Q: In which year, the first bank of India "Bank of Hindustan" was established ?
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5e902b52f681623fa56118bb- 11865false
- 21894false
- 31806false
- 41809false
- 51770true
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Answer : 5. "1770"
Q: Who was the Finance Minister of India when Banking Nationalization was done in 1969?
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5e902c9cce0a3938e2c83875- 1Morarji Desaifalse
- 2Indira Gandhitrue
- 3Yashwantrao Chavanfalse
- 4Chidambaram Subramaniamfalse
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Answer : 2. "Indira Gandhi "
Q: What happens when CRR is increased?
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5e95685a52a551440d0d0bc4- 1It decreases the money supplyfalse
- 2It increases the money supplyfalse
- 3It decreases inflationfalse
- 4Only 1 & 3true
- 5All of the abovefalse
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Answer : 4. "Only 1 & 3 "
Q: Finance Minister Arun Jaitley had launched new tax payer service module, called –
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5e97d43f6c81a33ea7b9592c- 1Aaykar Setutrue
- 2Aaykar Sahaytafalse
- 3Aaykar Mitrafalse
- 4Aaykar Sathifalse
- 5None of abovefalse
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Answer : 1. "Aaykar Setu "
Q: Asset Reconstruction Companies are regulated by-
1125 05ea27d414401a11507e55e4a
5ea27d414401a11507e55e4a- 1SEBIfalse
- 2RBItrue
- 3GOIfalse
- 4FCIfalse
- 5IDBIfalse
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Answer : 2. "RBI "
Q: Medium-term loans are provided for a period of _____.
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60338b1ded952b1532dde895- 115 months to 4 yearsfalse
- 21 year to 3 yearstrue
- 31 year to 2 yearsfalse
- 415 months to 3 yearsfalse
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Answer : 2. "1 year to 3 years"
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