Account and Finance Practice Question and Answer

Q:

Bank overdraft limit for Account holders of PMJDY increased to?

709 0

  • 1
    Rs.15,000
    Correct
    Wrong
  • 2
    Rs.20,000
    Correct
    Wrong
  • 3
    Rs.10,000
    Correct
    Wrong
  • 4
    Rs.5,000
    Correct
    Wrong
  • 5
    Rs.25,000
    Correct
    Wrong
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Answer : 3. "Rs.10,000"

Q:

ESIC Works under which of the following ministry?

705 0

  • 1
    Ministry of Home Affairs
    Correct
    Wrong
  • 2
    Ministry Rural Development
    Correct
    Wrong
  • 3
    Ministry of Finance
    Correct
    Wrong
  • 4
    Ministry of Personnel and Public grievance
    Correct
    Wrong
  • 5
    Ministry of Labour and Employment
    Correct
    Wrong
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Answer : 5. "Ministry of Labour and Employment"

Q:

Mutual Funds are required to be registered with :

698 0

  • 1
    AMFI
    Correct
    Wrong
  • 2
    SEBI
    Correct
    Wrong
  • 3
    IBA
    Correct
    Wrong
  • 4
    RBI
    Correct
    Wrong
  • 5
    FCAT
    Correct
    Wrong
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Answer : 2. "SEBI"

Q:

RBI absorbs liquidity in the system through :

681 0

  • 1
    Repo
    Correct
    Wrong
  • 2
    Reverse Repo
    Correct
    Wrong
  • 3
    Both A and B
    Correct
    Wrong
  • 4
    Either A or B
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Reverse Repo"

Q:

Which bank has launched a ‘SIM Binding’ feature in its digital banking platforms to protect customers from various frauds?

662 0

  • 1
    Union Bank of India
    Correct
    Wrong
  • 2
    HDFC Bank
    Correct
    Wrong
  • 3
    Yes Bank
    Correct
    Wrong
  • 4
    ICICI Bank
    Correct
    Wrong
  • 5
    State Bank of India
    Correct
    Wrong
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Answer : 5. "State Bank of India"

Q:

Which financial institution has launched new health insurance plan called Arogya Rakshak?

656 0

  • 1
    IRDAI
    Correct
    Wrong
  • 2
    SIDBI
    Correct
    Wrong
  • 3
    SBI
    Correct
    Wrong
  • 4
    SEBI
    Correct
    Wrong
  • 5
    LIC
    Correct
    Wrong
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Answer : 5. "LIC"

Q:

In which market form, a market or industry is dominated by a few firms? 

654 0

  • 1
    Monopoly
    Correct
    Wrong
  • 2
    Oligopoly
    Correct
    Wrong
  • 3
    Perfect Competition
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
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Answer : 2. "Oligopoly "

Q:

The tools of fiscal policy are

652 0

  • 1
    bank rate
    Correct
    Wrong
  • 2
    repo rate
    Correct
    Wrong
  • 3
    Reverse Repo Rate
    Correct
    Wrong
  • 4
    Public debt
    Correct
    Wrong
  • 5
    CRR rate
    Correct
    Wrong
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Answer : 4. "Public debt"

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