Account and Finance Questions Practice Question and Answer

Q:

Asset Reconstruction Companies are regulated by- 

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  • 1
    SEBI
    Correct
    Wrong
  • 2
    RBI
    Correct
    Wrong
  • 3
    GOI
    Correct
    Wrong
  • 4
    FCI
    Correct
    Wrong
  • 5
    IDBI
    Correct
    Wrong
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Answer : 2. "RBI "

Q:

Which among the following is an example of micro-economic variable? 

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  • 1
    Employment
    Correct
    Wrong
  • 2
    Consumer’s Equilibrium
    Correct
    Wrong
  • 3
    National Income
    Correct
    Wrong
  • 4
    Aggregate Supply
    Correct
    Wrong
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Answer : 2. "Consumer’s Equilibrium "

Q:

Concept of "Service Area Approach" was recommended by :

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  • 1
    R.V. Gupta
    Correct
    Wrong
  • 2
    A.D. Gorawala
    Correct
    Wrong
  • 3
    Dr. P.D. Ojha Committee
    Correct
    Wrong
  • 4
    Dr. Kalia
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "R.V. Gupta "

Q:

In which year RBI introduced cheque truncation system? 

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  • 1
    2005
    Correct
    Wrong
  • 2
    2006
    Correct
    Wrong
  • 3
    2008
    Correct
    Wrong
  • 4
    2010
    Correct
    Wrong
  • 5
    2013
    Correct
    Wrong
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Answer : 3. "2008 "

Q:

Debenture holders of a company are its 

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  • 1
    Debtors
    Correct
    Wrong
  • 2
    Directors
    Correct
    Wrong
  • 3
    Shareholders
    Correct
    Wrong
  • 4
    Creditors
    Correct
    Wrong
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Answer : 4. "Creditors "

Q:

The reserves which can act as liquidity buffer for commercial banks during crisis times are:

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  • 1
    CRR and SLR
    Correct
    Wrong
  • 2
    Only CRR
    Correct
    Wrong
  • 3
    Only SLR
    Correct
    Wrong
  • 4
    Reverse Repo rate
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "CRR and SLR"

Q:

Name the pilot project of NABARD for Digitalisation of Self-Help Groups (SHGS). 

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  • 1
    e-sarthi
    Correct
    Wrong
  • 2
    e- sathi
    Correct
    Wrong
  • 3
    e- shakti
    Correct
    Wrong
  • 4
    e-nari
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 3. " e- shakti "

Q:

16 Which of these banks was nationalized in 1969?   

1041 0

  • 1
    Andhra Bank
    Correct
    Wrong
  • 2
    Vijaya Bank
    Correct
    Wrong
  • 3
    Punjab and Sind Bank
    Correct
    Wrong
  • 4
    Oriental Bank of Commerce.
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 5. "None of these"

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