Account and Finance Practice Question and Answer

Q:

Banking companies act passed in:

1260 0

  • 1
    1939
    Correct
    Wrong
  • 2
    1949
    Correct
    Wrong
  • 3
    1959
    Correct
    Wrong
  • 4
    1969
    Correct
    Wrong
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Answer : 2. "1949"

Q:

MSME is defined under which act? 

1140 0

  • 1
    MSMED Act, 2006
    Correct
    Wrong
  • 2
    MSME Act, 2001
    Correct
    Wrong
  • 3
    MSMED Act, 1999
    Correct
    Wrong
  • 4
    MSME Act, 2004
    Correct
    Wrong
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Answer : 1. "MSMED Act, 2006 "

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 "

Q:

What is 'B' stands for in "CIBIL"(related to credit ratings)?

937 0

  • 1
    Bureau
    Correct
    Wrong
  • 2
    Base
    Correct
    Wrong
  • 3
    Bank
    Correct
    Wrong
  • 4
    Benchmark
    Correct
    Wrong
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Answer : 1. "Bureau"

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