Account and Finance Questions Practice Question and Answer

Q:

Which is the first bank started entirely with Indian capital?

496 0

  • 1
    Bank of India
    Correct
    Wrong
  • 2
    Punjab National Bank
    Correct
    Wrong
  • 3
    Bank of Baroda
    Correct
    Wrong
  • 4
    Bank of Maharashtra
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Punjab National Bank"

Q:

IMF and World Bank are considered as such institutions

497 0

  • 1
    Which strengthens international economic cooperation and helps in building a more stable and prosperous global economy
    Correct
    Wrong
  • 2
    IMF promotes international monetary cooperation.
    Correct
    Wrong
  • 3
    The World Bank promotes long-term economic growth and supports poverty reduction
    Correct
    Wrong
  • 4
    All of the above
    Correct
    Wrong
  • 5
    None of the above
    Correct
    Wrong
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Answer : 4. "All of the above"

Q:

Which of the following is not correctly matched?

Bank Nationalization year

479 0

  • 1
    State Bank of Indore -1959
    Correct
    Wrong
  • 2
    Allahabad Bank 1959
    Correct
    Wrong
  • 3
    Andhra Bank -1980
    Correct
    Wrong
  • 4
    Bank of Baroda -1969
    Correct
    Wrong
  • 5
    None of the above
    Correct
    Wrong
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Answer : 2. "Allahabad Bank 1959"

Q:

Who was the first Governor of Reserve Bank of India?

486 0

  • 1
    Sir Osworn A. smith
    Correct
    Wrong
  • 2
    Sir James B. Tailor
    Correct
    Wrong
  • 3
    Sir C.D. Deshmukh
    Correct
    Wrong
  • 4
    Sir V.R. Rao
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "Sir Osworn A. smith"

Q:

When was the first Savings Bank established in Hamburg?

575 0

  • 1
    1760
    Correct
    Wrong
  • 2
    1765
    Correct
    Wrong
  • 3
    1770
    Correct
    Wrong
  • 4
    1775
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "1765"

Q:

Credit Foncier was first established in France in the year 1952. He is called the father of land mortgage banks. When was the first co-operative land-mortgage bank established in our country in Punjab?

608 0

  • 1
    1920
    Correct
    Wrong
  • 2
    1925
    Correct
    Wrong
  • 3
    1935
    Correct
    Wrong
  • 4
    1940
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "1920"

Q:

Which method comes under qualitative control?

535 0

  • 1
    Open Market Activities
    Correct
    Wrong
  • 2
    Direct action
    Correct
    Wrong
  • 3
    Publicity
    Correct
    Wrong
  • 4
    Moral persuasion
    Correct
    Wrong
  • 5
    2,3 and 4
    Correct
    Wrong
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Answer : 1. "Open Market Activities"

Q:

An effective way to control inflationary pressures is

528 0

  • 1
    increase in taxation
    Correct
    Wrong
  • 2
    reduction in government expenditure
    Correct
    Wrong
  • 3
    Increase in public life
    Correct
    Wrong
  • 4
    Increase in Repo Rate
    Correct
    Wrong
  • 5
    All these
    Correct
    Wrong
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Answer : 5. "All these"

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