Account and Finance Practice Question and Answer
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Q: Which Organisation/Government is the administrator of Financial Inclusion Fund (FIF)?
1434 05e783afa7c405e4e893a06c1
5e783afa7c405e4e893a06c1- 1Reserve Bank of India(RBI)false
- 2NABARDfalse
- 3Union Government of Indiatrue
- 4Particular Government of the related Statefalse
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Answer : 3. "Union Government of India"
Q: The applicable interest rate per annum for Kisan Credit Cards is 9%, for a maximum credit limit of
958 05e7839a6f012602a3deedfd9
5e7839a6f012602a3deedfd9- 1Rs. 1 lakhfalse
- 2Rs. 2 lakhfalse
- 3Rs. 3 lakhtrue
- 4Rs. 4 lakhfalse
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Answer : 3. "Rs. 3 lakh"
Q: Which of the following test(in Banking) is a measure to prove that the jewellery was handed over from the past generation?
818 05e7839057c405e4e893a017d
5e7839057c405e4e893a017d- 1Heredity Testfalse
- 2Ancestral Testfalse
- 3Heirloom Testtrue
- 4All of the Abovefalse
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Answer : 3. "Heirloom Test"
Q: National Investment and Infrastructure Fund(NIIF) is recently established by the Union Government. It is an Alternate investment Fund (AIF) of
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5e78389bf012602a3deede06- 1category Ifalse
- 2category IItrue
- 3category IIIfalse
- 4category IVfalse
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Answer : 2. "category II"
Q: Which organisation/ministry is the nodal agency to provide licenses to e-commerce companies?
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5e7837ba7c405e4e8939f0d6- 1Finance Ministryfalse
- 2Corporate Ministryfalse
- 3Reserve Bank of India(RBI)false
- 4Department of Industrial Policy and Promotion (DIPP)true
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Answer : 4. "Department of Industrial Policy and Promotion (DIPP)"
Q: Who was the First Deputy Governor of Reserve Bank of India (RBI)?
919 05e78363ce8e6613a385cfe05
5e78363ce8e6613a385cfe05- 1Osborne Smithtrue
- 2HO Humefalse
- 3Lord Canningfalse
- 4James B.Taylorfalse
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Answer : 1. "Osborne Smith"
Q: Which Organisation/Ministry is the Custodian of Foreign Reserves in India?
903 05e7835b3e8e6613a385cfde3
5e7835b3e8e6613a385cfde3- 1Finance Ministryfalse
- 2Foreign Ministryfalse
- 3Reserve Bank of India(RBI)true
- 4None is Correctfalse
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Answer : 3. "Reserve Bank of India(RBI)"
Q: When was the currency system in India converted into decimal system?
1629 05e69d152755e9d6ad85d3760
5e69d152755e9d6ad85d3760- 11st April 1949false
- 21st April 1959false
- 31st April 1957true
- 41st April 1969false
- 5None of thesefalse
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Answer : 3. "1st April 1957"
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