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: 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: 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: Deen Dayal Upadhyaya Gram Jyoti Yojana is a scheme of Govt. of India designed to pro- vide continuous electricity to rural India, was launched in –
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5e97d19bfc7e7a3060b944ea- 12013false
- 22014false
- 32015true
- 42016false
- 5None of the given optionsfalse
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Answer : 3. "2015 "
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 "
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