Account and Finance Practice Question and Answer

Q:

Which bank has tied up with Mumbai Metro to launch ‘One Mumbai Metro Card’ powered by Mastercard, to ensure contactless and cashless travel for Mumbaikars?

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  • 1
    HDFC Bank
    Correct
    Wrong
  • 2
    IndusInd Bank
    Correct
    Wrong
  • 3
    Axis Bank
    Correct
    Wrong
  • 4
    Yes Bank
    Correct
    Wrong
  • 5
    ICICI Bank
    Correct
    Wrong
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Answer : 3. "Axis Bank"

Q:

Asset Reconstruction Companies are regulated by- 

1159 0

  • 1
    SEBI
    Correct
    Wrong
  • 2
    RBI
    Correct
    Wrong
  • 3
    GOI
    Correct
    Wrong
  • 4
    FCI
    Correct
    Wrong
  • 5
    IDBI
    Correct
    Wrong
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Answer : 2. "RBI "

Q:

Which among the following is an example of micro-economic variable? 

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  • 1
    Employment
    Correct
    Wrong
  • 2
    Consumer’s Equilibrium
    Correct
    Wrong
  • 3
    National Income
    Correct
    Wrong
  • 4
    Aggregate Supply
    Correct
    Wrong
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Answer : 2. "Consumer’s Equilibrium "

Q:

Which of the following is not a measurement dimension of the recently launched Financial Inclusion Index (FII)?

1148 0

  • 1
    Quantity of Credit to GDP
    Correct
    Wrong
  • 2
    Access to financial services
    Correct
    Wrong
  • 3
    Usage of financial services
    Correct
    Wrong
  • 4
    Quality
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "Quantity of Credit to GDP"

Q:

Who was the second Governor of Reserve Bank of India? 

1144 0

  • 1
    Sir C. D Deshmukh
    Correct
    Wrong
  • 2
    Sir James Taylor
    Correct
    Wrong
  • 3
    Sir W. T . McCallum
    Correct
    Wrong
  • 4
    Sir Osborne Smith
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Sir James Taylor "

Q:

MSME is defined under which act? 

1140 0

  • 1
    MSMED Act, 2006
    Correct
    Wrong
  • 2
    MSME Act, 2001
    Correct
    Wrong
  • 3
    MSMED Act, 1999
    Correct
    Wrong
  • 4
    MSME Act, 2004
    Correct
    Wrong
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Answer : 1. "MSMED Act, 2006 "

Q:

The term ATM stands for which of the following? 

1131 0

  • 1
    Automatic teller machine
    Correct
    Wrong
  • 2
    Automated teller mechanism
    Correct
    Wrong
  • 3
    Automated teller machine
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 1. "Automatic teller machine "

Q:

Which state owned bank of India has decided to exit its South Africa operations?

1129 0

  • 1
    Punjab National Bank
    Correct
    Wrong
  • 2
    Bank of Baroda
    Correct
    Wrong
  • 3
    IDBI Bank
    Correct
    Wrong
  • 4
    Axis bank
    Correct
    Wrong
  • 5
    Canara Bank
    Correct
    Wrong
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Answer : 2. "Bank of Baroda"

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