Account and Finance Practice Question and Answer
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Q: Stock Holding Corporation of India Ltd (SHCIL) was established in 1986 as?
1643 05e7855787c405e4e893a4ca6
5e7855787c405e4e893a4ca6- 1Private Limitedfalse
- 2Public limitedtrue
- 3Unlimitedfalse
- 4Limited Liability Partnershipfalse
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Answer : 2. "Public limited "
Q: Which bank was the first to deploy 'Talking ATMs' for differently abled person?
1352 05e7854dce8e6613a385d5ced
5e7854dce8e6613a385d5ced- 1Union Bank of Indiatrue
- 2United Bank of Indiafalse
- 3State Bank of Indiafalse
- 4Punjab National Bankfalse
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Answer : 1. "Union Bank of India"
Q: On which rate base, overnight money is needed by bank from RBI?
2567 05e785329f012602a3def1bed
5e785329f012602a3def1bed- 1MSFtrue
- 2Repo ratefalse
- 3Reverse repofalse
- 4Bank ratefalse
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Answer : 1. "MSF"
Q: What is the present number of Local Area Banks in India?
1203 05e7852d6bd40023a1fd3b460
5e7852d6bd40023a1fd3b460- 13false
- 24false
- 35false
- 46true
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Answer : 4. "6"
Q: On which date was the Reserve Bank of India established?
934 05e7852327c405e4e893a38a7
5e7852327c405e4e893a38a7- 1April 1, 1935true
- 2July 12, 1982false
- 3January 1, 1949false
- 4August 15, 1947false
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Answer : 1. "April 1, 1935"
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: ‘Open Market Operations’ is related to which of the following organisation?
1050 05e783ca0f012602a3deee6b9
5e783ca0f012602a3deee6b9- 1Reserve Bank of Indiatrue
- 2SEBIfalse
- 3Department of Investment and Public Asset Management(DIPAM)/false
- 4None is Correctfalse
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Answer : 1. "Reserve Bank of India"
Q: A reverse mortgage is a special kind of home loan for
899 05e783c19f012602a3deee648
5e783c19f012602a3deee648- 1Government Employees without any securityfalse
- 2Senior Citizenstrue
- 3Beneficiaries under Below Poverty Line Criteriafalse
- 4All of the Abovefalse
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Answer : 2. "Senior Citizens"
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