Account and Finance Practice Question and Answer

Q:

Which Organisation/Ministry is the Custodian of Foreign Reserves in India?

901 0

  • 1
    Finance Ministry
    Correct
    Wrong
  • 2
    Foreign Ministry
    Correct
    Wrong
  • 3
    Reserve Bank of India(RBI)
    Correct
    Wrong
  • 4
    None is Correct
    Correct
    Wrong
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Answer : 3. "Reserve Bank of India(RBI)"

Q:

National Development Council was constituted in ____________.

1243 0

  • 1
    2 August, 1952
    Correct
    Wrong
  • 2
    6 August, 1952
    Correct
    Wrong
  • 3
    8 August, 1952
    Correct
    Wrong
  • 4
    12 August, 1952
    Correct
    Wrong
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Answer : 2. "6 August, 1952"

Q:

Which of the following countries has the largest Mutual Fund market in the World? 

1595 0

  • 1
    USA
    Correct
    Wrong
  • 2
    Japan
    Correct
    Wrong
  • 3
    China
    Correct
    Wrong
  • 4
    Brazil
    Correct
    Wrong
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Answer : 1. "USA"

Q:

First Bank established in India was

1176 0

  • 1
    Bank of India
    Correct
    Wrong
  • 2
    Bank of Hindustan
    Correct
    Wrong
  • 3
    Bank of Bharat
    Correct
    Wrong
  • 4
    Bank of Agra
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Bank of Hindustan"

Q:

Headquarter of IRDAI is located at

1330 0

  • 1
    Mumbai
    Correct
    Wrong
  • 2
    Chennai
    Correct
    Wrong
  • 3
    Ahmedabad
    Correct
    Wrong
  • 4
    Hyderabad
    Correct
    Wrong
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Answer : 4. "Hyderabad"

Q:

NREGA was renamed with the name of

1250 0

  • 1
    Indira Gandhi
    Correct
    Wrong
  • 2
    Rajiv Gandhi
    Correct
    Wrong
  • 3
    Mahatma Gandhi
    Correct
    Wrong
  • 4
    Sonia Gandhi
    Correct
    Wrong
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Answer : 3. "Mahatma Gandhi"

Q:

Mutual Funds investments can be effectively canvassed among

2238 0

  • 1
    Only Salaried persons
    Correct
    Wrong
  • 2
    Students availing education loans
    Correct
    Wrong
  • 3
    HNI customers
    Correct
    Wrong
  • 4
    sunrise industries
    Correct
    Wrong
  • 5
    poor farmers
    Correct
    Wrong
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Answer : 3. "HNI customers"

Q:

What Street Name is used to refer to the RBI? 

4822 0

  • 1
    Reserve Street
    Correct
    Wrong
  • 2
    Credit Street
    Correct
    Wrong
  • 3
    Mint Street
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
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Answer : 3. "Mint Street "

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