Account and Finance Practice Question and Answer
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Q: Guarantee to an exporter that the importer of his goods will pay immediately for the goods ordered by him, is known as _______________.
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5f1569aa9a713b0717c86869- 1Inflationfalse
- 2Letter of Credit (L/C)true
- 3Laissez-fairefalse
- 4None of the abovefalse
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Answer : 2. "Letter of Credit (L/C) "
Q: First Bank established in India was
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5da42f1afac0ed7fa90c5166- 1Bank of Indiafalse
- 2Bank of Hindustantrue
- 3Bank of Bharatfalse
- 4Bank of Agrafalse
- 5None of thesefalse
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Answer : 2. "Bank of Hindustan"
Q: Headquarter of IRDAI is located at
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5da43024d69109270473c31e- 1Mumbaifalse
- 2Chennaifalse
- 3Ahmedabadfalse
- 4Hyderabadtrue
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Answer : 4. "Hyderabad"
Q: NREGA was renamed with the name of
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5da432085225a412f5165b1e- 1Indira Gandhifalse
- 2Rajiv Gandhifalse
- 3Mahatma Gandhitrue
- 4Sonia Gandhifalse
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Answer : 3. "Mahatma Gandhi"
Q: Mutual Funds investments can be effectively canvassed among
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5da43a117919e54a8e3d57de- 1Only Salaried personsfalse
- 2Students availing education loansfalse
- 3HNI customerstrue
- 4sunrise industriesfalse
- 5poor farmersfalse
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Answer : 3. "HNI customers"
Q: What Street Name is used to refer to the RBI?
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5e69bf07755e9d6ad85cec53- 1Reserve Streetfalse
- 2Credit Streetfalse
- 3Mint Streettrue
- 4None of the abovefalse
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Answer : 3. "Mint Street "
Q: What is 'B' stands for in "CIBIL"(related to credit ratings)?
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5e783dacbd40023a1fd372d0- 1Bureautrue
- 2Basefalse
- 3Bankfalse
- 4Benchmarkfalse
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Answer : 1. "Bureau"
Q: Debenture holders of a company are its
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5f156b0f4cff381d1626c224- 1Debtorsfalse
- 2Directorsfalse
- 3Shareholdersfalse
- 4Creditorstrue
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Answer : 4. "Creditors "
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