Account and Finance Practice Question and Answer

Q:

Who regulates the Mutual Funds in India?

2122 0

  • 1
    FRBI
    Correct
    Wrong
  • 2
    SEBI
    Correct
    Wrong
  • 3
    SIDBI
    Correct
    Wrong
  • 4
    RBI
    Correct
    Wrong
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Answer : 2. "SEBI"

Q:

National Insurance Academy located in ________.

1580 0

  • 1
    Chennai
    Correct
    Wrong
  • 2
    Calcutta
    Correct
    Wrong
  • 3
    Pune
    Correct
    Wrong
  • 4
    Hyderabad
    Correct
    Wrong
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Answer : 3. "Pune"

Q:

The first RRB of India Prathama Bank was established in which year?

1755 0

  • 1
    1975
    Correct
    Wrong
  • 2
    1976
    Correct
    Wrong
  • 3
    1980
    Correct
    Wrong
  • 4
    1969
    Correct
    Wrong
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Answer : 1. "1975"

Q:

Which subsidiary bank was merged with the State Bank of India on August 13, 2008?

1696 0

  • 1
    State Bank of Hyderabad
    Correct
    Wrong
  • 2
    State Bank of Indore
    Correct
    Wrong
  • 3
    State Bank of Mysore
    Correct
    Wrong
  • 4
    State Bank of Saurashtra
    Correct
    Wrong
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Answer : 4. "State Bank of Saurashtra "

Q:

The performance of which scheme does the National Housing Bank monitor?

5676 0

  • 1
    Liberalized Finance Scheme
    Correct
    Wrong
  • 2
    Golden Jubilee Rural Housing Finance Scheme
    Correct
    Wrong
  • 3
    Energy Efficient Housing Finance Scheme
    Correct
    Wrong
  • 4
    Finance scheme for indirect loans
    Correct
    Wrong
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Answer : 2. "Golden Jubilee Rural Housing Finance Scheme"

Q:

Which is the largest commercial bank in India?

1633 0

  • 1
    Bank of India
    Correct
    Wrong
  • 2
    Axis Bank
    Correct
    Wrong
  • 3
    State Bank of India
    Correct
    Wrong
  • 4
    HDFC
    Correct
    Wrong
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Answer : 3. "State Bank of India "

Q:

Which was the first bank to introduce cheque system in India?

6285 0

  • 1
    Bengal Bank
    Correct
    Wrong
  • 2
    Bank of Hindustan
    Correct
    Wrong
  • 3
    General Bank of India
    Correct
    Wrong
  • 4
    Presidency Bank
    Correct
    Wrong
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Answer : 1. "Bengal Bank"

Q:

Which of the following is governed by the provisions of Section 42 of the Reserve Bank of India Act, 1934?

1912 0

  • 1
    Bank rate
    Correct
    Wrong
  • 2
    Reverse Repo Rate
    Correct
    Wrong
  • 3
    SLR
    Correct
    Wrong
  • 4
    CRR
    Correct
    Wrong
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Answer : 4. "CRR "

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