Account and Finance Questions Practice Question and Answer
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Q: Who has given the concept that 'Bad Money drives Good Money out of circulation?
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5e97d055fc7e7a3060b943ea- 1Robert Giffenfalse
- 2Thomas Greshamtrue
- 3J. R. Hicksfalse
- 4W.J. Baumolfalse
- 5Alfred Marshallfalse
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Answer : 2. "Thomas Gresham"
Q: Commercial Paper can be issued in the de- nomination of –
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5e97cf831ef51c5f8d45175e- 125,000false
- 250,000false
- 31,00,000false
- 45,00,000true
- 5None of thesefalse
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Answer : 4. "5,00,000 "
Q: Name the first Payment Bank of India that launches integrated UPI on its digital plat form.
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5e97ceef2d9b54307c46a008- 1Airtel Payments Banktrue
- 2Paytm Payments Bankfalse
- 3India Post Payments Bankfalse
- 4FINO Payments Bankfalse
- 5None of thesefalse
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Answer : 1. "Airtel Payments Bank "
Q: In which year RBI introduced cheque truncation system?
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5e9569b253167643dfefff41- 12005false
- 22006false
- 32008true
- 42010false
- 52013false
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Answer : 3. "2008 "
Q: Who is the chairperson of the Monetary Policy Committee of India?
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5e9568e4a63e7d440186d52d- 1RBI Governortrue
- 2Prime Ministerfalse
- 3Finance Ministerfalse
- 4Chief Economic Advisorfalse
- 5All of the abovefalse
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Answer : 1. "RBI Governor "
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: Which among the following is considered to be the most liquid asset?
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5e9567d5b1f6a43ba1669036- 1Bitcoinfalse
- 2Goldfalse
- 3Chequefalse
- 4T - billfalse
- 5Moneytrue
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Answer : 5. "Money "
Q: Which is India's first company to open with White Label ATMs?
1992 05e95668bff83fe34897f9356
5e95668bff83fe34897f9356- 1Airtel Finance Ltdfalse
- 2Muthoot Financefalse
- 3Vakrangee Ltd.false
- 4Hitachi money spotfalse
- 5Tata indicashtrue
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Answer : 5. "Tata indicash "
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