Account and Finance Practice Question and Answer
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Q: MSME is defined under which act?
1140 05e69c2c70b8b1e6afc207a84
5e69c2c70b8b1e6afc207a84- 1MSMED Act, 2006true
- 2MSME Act, 2001false
- 3MSMED Act, 1999false
- 4MSME Act, 2004false
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Answer : 1. "MSMED Act, 2006 "
Q: Credit Cards are a convenient substitute for which of the following?
7098 05e69c22fee03046acc564a02
5e69c22fee03046acc564a02- 1Cashfalse
- 2Chequefalse
- 3Both 1 and 2true
- 4None of The Abovefalse
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Answer : 3. "Both 1 and 2 "
Q: Who regulates the functioning of District Cooperative Banks in India?
3167 05e69c1320b8b1e6afc207758
5e69c1320b8b1e6afc207758- 1State Governmentfalse
- 2RBItrue
- 3State Cooperative Banksfalse
- 4None of thesefalse
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Answer : 2. "RBI "
Q: When was ICICI bank founded?
2384 05e69c0ec0b8b1e6afc20769b
5e69c0ec0b8b1e6afc20769b- 11991false
- 21992false
- 31993false
- 41994true
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Answer : 4. "1994"
Q: Who has been given the power under the Banking Regulation Act 1949 to grant license to banks?
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5e69bf8fee03046acc56471c- 1RBItrue
- 2State Governmentfalse
- 3Central Governmentfalse
- 4All of the abovefalse
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Answer : 1. "RBI "
Q: What Street Name is used to refer to the RBI?
4822 05e69bf07755e9d6ad85cec53
5e69bf07755e9d6ad85cec53- 1Reserve Streetfalse
- 2Credit Streetfalse
- 3Mint Streettrue
- 4None of the abovefalse
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Answer : 3. "Mint Street "
Q: Which of the following acts regulates the underwriting process in India?
1599 05e69be928fcee56af2fb3f94
5e69be928fcee56af2fb3f94- 1RBI Act 1934false
- 2Securities and Exchanges Board of India (Underwriters) Regulations, 1993.false
- 3Securities and Exchanges Board of India (Underwriters) Regulations, 2006.false
- 4Both (B) and (C)true
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Answer : 4. "Both (B) and (C)"
Q: Corporate loans are offered to applicants who have established their business for how many years in India?
1059 05e69be37755e9d6ad85ceb76
5e69be37755e9d6ad85ceb76- 15true
- 26false
- 32false
- 47false
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Answer : 1. "5"
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