Account and Finance Practice Question and Answer

Q:

National Development Council was constituted in ____________.

1243 0

  • 1
    2 August, 1952
    Correct
    Wrong
  • 2
    6 August, 1952
    Correct
    Wrong
  • 3
    8 August, 1952
    Correct
    Wrong
  • 4
    12 August, 1952
    Correct
    Wrong
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Answer : 2. "6 August, 1952"

Q:

What is the present number of Local Area Banks in India?

1203 0

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

Q:

At Present the FDI limit in insurance sector is

1196 0

  • 1
    39 %
    Correct
    Wrong
  • 2
    49 %
    Correct
    Wrong
  • 3
    59 %
    Correct
    Wrong
  • 4
    69 %
    Correct
    Wrong
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Answer : 2. "49 %"

Q:

Which digital payment digital payment platform has tied up with a clutch of leading Indian banks to offer tokenized card services to customers on its UPI app?

1193 0

  • 1
    Mobikwik
    Correct
    Wrong
  • 2
    PhonePe
    Correct
    Wrong
  • 3
    Google Pay
    Correct
    Wrong
  • 4
    Amazon Pay
    Correct
    Wrong
  • 5
    Paytm
    Correct
    Wrong
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Answer : 3. "Google Pay"

Q:

First Bank established in India was

1177 0

  • 1
    Bank of India
    Correct
    Wrong
  • 2
    Bank of Hindustan
    Correct
    Wrong
  • 3
    Bank of Bharat
    Correct
    Wrong
  • 4
    Bank of Agra
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Bank of Hindustan"

Q:

Which of the following is also known as consumer banking?

1173 0

  • 1
    Retail Banking
    Correct
    Wrong
  • 2
    State Bank
    Correct
    Wrong
  • 3
    Universal Banking
    Correct
    Wrong
  • 4
    Business Banking
    Correct
    Wrong
  • 5
    None of the these
    Correct
    Wrong
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Answer : 1. "Retail Banking"

Q:

Rural Infrastructure Development Fund (RIDF) is maintained by- 

1172 0

  • 1
    Ministry of Rural Development
    Correct
    Wrong
  • 2
    RBI
    Correct
    Wrong
  • 3
    SIDBI
    Correct
    Wrong
  • 4
    NABARD
    Correct
    Wrong
  • 5
    Ministry of Agriculture
    Correct
    Wrong
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Answer : 4. "NABARD "

Q:

The concept of Economic planning in India is derived from ________.

1170 0

  • 1
    USA
    Correct
    Wrong
  • 2
    UK
    Correct
    Wrong
  • 3
    Australia
    Correct
    Wrong
  • 4
    Russia
    Correct
    Wrong
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Answer : 4. "Russia"

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