Account and Finance Questions Practice Question and Answer

Q:

Commercial Paper can be issued in the de- nomination of – 

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  • 1
    25,000
    Correct
    Wrong
  • 2
    50,000
    Correct
    Wrong
  • 3
    1,00,000
    Correct
    Wrong
  • 4
    5,00,000
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 4. "5,00,000 "

Q:

What is the Validity of a cheque?

932 0

  • 1
    1 month
    Correct
    Wrong
  • 2
    3 month
    Correct
    Wrong
  • 3
    4 month
    Correct
    Wrong
  • 4
    6 month
    Correct
    Wrong
  • 5
    2 month
    Correct
    Wrong
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Answer : 2. "3 month"

Q:

What is the minimum paid-up equity capital for small finance banks?

927 0

  • 1
    Rs 10 crore
    Correct
    Wrong
  • 2
    Rs 500 crore
    Correct
    Wrong
  • 3
    Rs 100 crore
    Correct
    Wrong
  • 4
    Rs 200 crore
    Correct
    Wrong
  • 5
    Rs 1000 crore
    Correct
    Wrong
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Answer : 3. "Rs 100 crore"

Q:

How many digits are there in an Aadhaar Virtual D? 

925 0

  • 1
    18
    Correct
    Wrong
  • 2
    16
    Correct
    Wrong
  • 3
    12
    Correct
    Wrong
  • 4
    10
    Correct
    Wrong
  • 5
    11
    Correct
    Wrong
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Answer : 2. "16 "

Q:

When the prices of commodities, goods and services start declining consistently, the phenomenon is known as:

921 0

  • 1
    Discount field
    Correct
    Wrong
  • 2
    Deflation
    Correct
    Wrong
  • 3
    Negative growth
    Correct
    Wrong
  • 4
    Market capitalism
    Correct
    Wrong
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Answer : 2. "Deflation"

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 – 

901 0

  • 1
    2013
    Correct
    Wrong
  • 2
    2014
    Correct
    Wrong
  • 3
    2015
    Correct
    Wrong
  • 4
    2016
    Correct
    Wrong
  • 5
    None of the given options
    Correct
    Wrong
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Answer : 3. "2015 "

Q:

Where has opened the World's first IAEA Low Enriched Uranium (LEU) Bank ? 

896 0

  • 1
    Afghanistan
    Correct
    Wrong
  • 2
    Kazakhstan
    Correct
    Wrong
  • 3
    Turkmenistan
    Correct
    Wrong
  • 4
    Uzbekistan
    Correct
    Wrong
  • 5
    Iran
    Correct
    Wrong
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Answer : 2. "Kazakhstan "

Q:

Who has given the concept that 'Bad Money drives Good Money out of circulation? 

894 0

  • 1
    Robert Giffen
    Correct
    Wrong
  • 2
    Thomas Gresham
    Correct
    Wrong
  • 3
    J. R. Hicks
    Correct
    Wrong
  • 4
    W.J. Baumol
    Correct
    Wrong
  • 5
    Alfred Marshall
    Correct
    Wrong
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Answer : 2. "Thomas Gresham"

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