Account and Finance Questions Practice Question and Answer
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Q: Mutual Funds are required to be registered with :
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5fc7511d0cb33424ae8b53b6- 1AMFIfalse
- 2SEBItrue
- 3IBAfalse
- 4RBIfalse
- 5FCATfalse
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Answer : 2. "SEBI"
Q: RBI absorbs liquidity in the system through :
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5fc750b7d0af4c56f5e70e52- 1Repofalse
- 2Reverse Repotrue
- 3Both A and Bfalse
- 4Either A or Bfalse
- 5None of thesefalse
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Answer : 2. "Reverse Repo"
Q: Electronic Fund Transfer scheme of RBI has been renamed as :
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5fc7504f907913387b009b59- 1Clearingfalse
- 2Core Banking Solutionsfalse
- 3Real Time Gross Settlementfalse
- 4National Electronic Fund Transfertrue
- 5None of thesefalse
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Answer : 4. "National Electronic Fund Transfer"
Q: Concept of "Service Area Approach" was recommended by :
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5fc74f9db3b23538af6cc8f0- 1R.V. Guptatrue
- 2A.D. Gorawalafalse
- 3Dr. P.D. Ojha Committeefalse
- 4Dr. Kaliafalse
- 5None of thesefalse
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Answer : 1. "R.V. Gupta "
Q: Debenture holders of a company are its
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5f156b0f4cff381d1626c224- 1Debtorsfalse
- 2Directorsfalse
- 3Shareholdersfalse
- 4Creditorstrue
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Answer : 4. "Creditors "
Q: Guarantee to an exporter that the importer of his goods will pay immediately for the goods ordered by him, is known as _______________.
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5f1569aa9a713b0717c86869- 1Inflationfalse
- 2Letter of Credit (L/C)true
- 3Laissez-fairefalse
- 4None of the abovefalse
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Answer : 2. "Letter of Credit (L/C) "
Q: Which among the following is recently declared as first economic fugitive of India?
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5ef155f10bbee262ad4c76fb- 1Lalit Modifalse
- 2Nirav Modifalse
- 3Vijay Mallyatrue
- 4Mehul choksifalse
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Answer : 3. "Vijay Mallya "
Q: When the prices of commodities, goods and services start declining consistently, the phenomenon is known as:
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5ee202662bf4c4044646c393- 1Discount fieldfalse
- 2Deflationtrue
- 3Negative growthfalse
- 4Market capitalismfalse
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Answer : 2. "Deflation"
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