Account and Finance Practice Question and Answer

Q:

Which of the following is true about merchant bank? 

2133 0

  • 1
    Underwrites securities for corporations
    Correct
    Wrong
  • 2
    Advice clients on mergers
    Correct
    Wrong
  • 3
    Involved in ownership of commercial ventures
    Correct
    Wrong
  • 4
    All of the above
    Correct
    Wrong
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Answer : 4. "All of the above"

Q:

Who regulates the Mutual Funds in India?

2116 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:

Name the micro finance company that becomes the first to start operation as a commercial bank?

2090 0

  • 1
    PayTm Bank
    Correct
    Wrong
  • 2
    Vodafone m-Pesa Bank
    Correct
    Wrong
  • 3
    Yes Bank
    Correct
    Wrong
  • 4
    Bandhan Bank
    Correct
    Wrong
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Answer : 4. "Bandhan Bank"

Q:

Name the first bank in India to introduce biodegradable cards. 

2057 0

  • 1
    Axis Bank
    Correct
    Wrong
  • 2
    HDFC Bank
    Correct
    Wrong
  • 3
    Yes Bank
    Correct
    Wrong
  • 4
    ICICI Bank
    Correct
    Wrong
  • 5
    Laxmi Vilas Bank
    Correct
    Wrong
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Answer : 1. "Axis Bank"

Q:

Oudh Commercial Bank was founded in the year 

2046 0

  • 1
    1881
    Correct
    Wrong
  • 2
    1865
    Correct
    Wrong
  • 3
    1894
    Correct
    Wrong
  • 4
    1806
    Correct
    Wrong
  • 5
    1895
    Correct
    Wrong
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Answer : 1. "1881 "

Q:

What is the full form of CRR?

2041 0

  • 1
    Cash Reserve Rate
    Correct
    Wrong
  • 2
    Cash Reserve Ratio
    Correct
    Wrong
  • 3
    Cash Recession Ratio
    Correct
    Wrong
  • 4
    Core Reserve Rate
    Correct
    Wrong
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Answer : 2. "Cash Reserve Ratio"

Q:

When was the Oriental Life Insurance Company established?

2033 0

  • 1
    1818
    Correct
    Wrong
  • 2
    1834
    Correct
    Wrong
  • 3
    1907
    Correct
    Wrong
  • 4
    1938
    Correct
    Wrong
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Answer : 1. "1818"

Q:

Which is India's first company to open with White Label ATMs? 

1991 0

  • 1
    Airtel Finance Ltd
    Correct
    Wrong
  • 2
    Muthoot Finance
    Correct
    Wrong
  • 3
    Vakrangee Ltd.
    Correct
    Wrong
  • 4
    Hitachi money spot
    Correct
    Wrong
  • 5
    Tata indicash
    Correct
    Wrong
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Answer : 5. "Tata indicash "

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