Account and Finance Questions Practice Question and Answer

Q:

Who is the chairperson of the Monetary Policy Committee of India? 

1497 0

  • 1
    RBI Governor
    Correct
    Wrong
  • 2
    Prime Minister
    Correct
    Wrong
  • 3
    Finance Minister
    Correct
    Wrong
  • 4
    Chief Economic Advisor
    Correct
    Wrong
  • 5
    All of the above
    Correct
    Wrong
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Answer : 1. "RBI Governor "

Q:

Which is India's first company to open with White Label ATMs? 

1959 0

  • 1
    Airtel Finance Ltd
    Correct
    Wrong
  • 2
    Muthoot Finance
    Correct
    Wrong
  • 3
    Vakrangee Ltd.
    Correct
    Wrong
  • 4
    Hitachi money spot
    Correct
    Wrong
  • 5
    Tata indicash
    Correct
    Wrong
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Answer : 5. "Tata indicash "

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:

ATMs cards are issued to a person who maintains the accounts of – 

1431 0

  • 1
    Saving account
    Correct
    Wrong
  • 2
    Term deposit account
    Correct
    Wrong
  • 3
    Current account
    Correct
    Wrong
  • 4
    Both 1 & 2
    Correct
    Wrong
  • 5
    Either 1 or 3
    Correct
    Wrong
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Answer : 5. "Either 1 or 3 "

Q:

Which among the following is considered to be the most liquid asset? 

14336 0

  • 1
    Bitcoin
    Correct
    Wrong
  • 2
    Gold
    Correct
    Wrong
  • 3
    Cheque
    Correct
    Wrong
  • 4
    T - bill
    Correct
    Wrong
  • 5
    Money
    Correct
    Wrong
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Answer : 5. "Money "

Q:

In which year, the first bank of India "Bank of Hindustan" was established ? 

1697 0

  • 1
    1865
    Correct
    Wrong
  • 2
    1894
    Correct
    Wrong
  • 3
    1806
    Correct
    Wrong
  • 4
    1809
    Correct
    Wrong
  • 5
    1770
    Correct
    Wrong
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Answer : 5. "1770"

Q:

Who was the Finance Minister of India when Banking Nationalization was done in 1969? 

973 0

  • 1
    Morarji Desai
    Correct
    Wrong
  • 2
    Indira Gandhi
    Correct
    Wrong
  • 3
    Yashwantrao Chavan
    Correct
    Wrong
  • 4
    Chidambaram Subramaniam
    Correct
    Wrong
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Answer : 2. "Indira Gandhi "

Q:

What happens when CRR is increased? 

6713 0

  • 1
    It decreases the money supply
    Correct
    Wrong
  • 2
    It increases the money supply
    Correct
    Wrong
  • 3
    It decreases inflation
    Correct
    Wrong
  • 4
    Only 1 & 3
    Correct
    Wrong
  • 5
    All of the above
    Correct
    Wrong
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Answer : 4. "Only 1 & 3 "

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