Account and Finance Questions Practice Question and Answer

Q:

Which is the first bank in India to launch its interactive banking service through Dish TV ?

726 0

  • 1
    SBI
    Correct
    Wrong
  • 2
    ICICI Bank
    Correct
    Wrong
  • 3
    HDFC Bank
    Correct
    Wrong
  • 4
    Axis Bank
    Correct
    Wrong
  • 5
    Dhan Laxmi bank
    Correct
    Wrong
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Answer : 2. "ICICI Bank"

Q:

Medium-term loans are provided for a period of _____.

721 0

  • 1
    15 months to 4 years
    Correct
    Wrong
  • 2
    1 year to 3 years
    Correct
    Wrong
  • 3
    1 year to 2 years
    Correct
    Wrong
  • 4
    15 months to 3 years
    Correct
    Wrong
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Answer : 2. "1 year to 3 years"

Q:

Public Sector Enterprises (PSEs) is comes under which ministry?

720 0

  • 1
    Ministry of Heavy Industries and Public Enterprises
    Correct
    Wrong
  • 2
    Ministry of Environment, Forest and Climate Change
    Correct
    Wrong
  • 3
    Ministry of Personnel, Public Grievances and Pensions
    Correct
    Wrong
  • 4
    Ministry of Corporate Affairs
    Correct
    Wrong
  • 5
    Ministry of New and Renewable Energy
    Correct
    Wrong
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Answer : 1. "Ministry of Heavy Industries and Public Enterprises"

Q:

What is the uniform GST rate that has been fixed up for lottery prizes by the GST Council?

719 0

  • 1
    28%
    Correct
    Wrong
  • 2
    10%
    Correct
    Wrong
  • 3
    18%
    Correct
    Wrong
  • 4
    32%
    Correct
    Wrong
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Answer : 1. "28%"

Q:

Which amongst the following is not a component of monetary policy in India? 

708 0

  • 1
    Credit Rating
    Correct
    Wrong
  • 2
    Public Debt
    Correct
    Wrong
  • 3
    Repo rate
    Correct
    Wrong
  • 4
    Moral suasion
    Correct
    Wrong
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Answer : 2. "Public Debt "

Q:

Accounts in which shares of various companies are traded in electronic form are called:

698 0

  • 1
    Demat Accounts
    Correct
    Wrong
  • 2
    Revenue Accounts
    Correct
    Wrong
  • 3
    E- Accounts
    Correct
    Wrong
  • 4
    Saving accounts
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "Demat Accounts"

Q:

BSE SENSEX Constitutes ____ number of companies.

697 0

  • 1
    30
    Correct
    Wrong
  • 2
    40
    Correct
    Wrong
  • 3
    50
    Correct
    Wrong
  • 4
    60
    Correct
    Wrong
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Answer : 1. "30"

Q:

Which of the following rate is charged by banks to their most credit-worthy customers?

696 0

  • 1
    Bank Rate
    Correct
    Wrong
  • 2
    Repo Rate
    Correct
    Wrong
  • 3
    Prime Lending Rate
    Correct
    Wrong
  • 4
    Statutory Liquidity Rate
    Correct
    Wrong
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Answer : 3. "Prime Lending Rate"

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