Account and Finance Questions Practice Question and Answer
8 Q: The tools of fiscal policy are
1406 061b32d0e45c0db34860dae2b
61b32d0e45c0db34860dae2b- 1bank ratefalse
- 2repo ratefalse
- 3Reverse Repo Ratefalse
- 4Public debttrue
- 5CRR ratefalse
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Answer : 4. "Public debt"
Q: The World Economic Outlook (WEO) is a survey conducted and published by-
1401 05fc756d2b3b23538af6cf227
5fc756d2b3b23538af6cf227- 1WTOfalse
- 2World Bankfalse
- 3UNCTADfalse
- 4New Development Bankfalse
- 5International Monetary Fundtrue
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Answer : 5. "International Monetary Fund "
Q: Which of the following rate is charged by banks to their most credit-worthy customers?
1400 060338a8904197a15c66fd01b
60338a8904197a15c66fd01b- 1Bank Ratefalse
- 2Repo Ratefalse
- 3Prime Lending Ratetrue
- 4Statutory Liquidity Ratefalse
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Answer : 3. "Prime Lending Rate"
Q: Which amongst the following is not a component of monetary policy in India?
1399 0606c2deb6a85553684ddde56
606c2deb6a85553684ddde56- 1Credit Ratingfalse
- 2Public Debttrue
- 3Repo ratefalse
- 4Moral suasionfalse
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Answer : 2. "Public Debt "
Q: One of the main factors that led to rapid expansion of Indian exports is–
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651165d463078e50a29fb72f- 1Imposition of export dutyfalse
- 2Liberalization of the economytrue
- 3Recession in other countriesfalse
- 4Diversification of exportsfalse
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Answer : 2. "Liberalization of the economy"
Explanation :
The Liberalization of economy is to the main factor that led to rapid expansion of Indian exports. Imposition, Recession and Diversification does not contribute to export
Q: Which one of the following is not an instrument of credit control in India?
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606c2fb5affa2d5265b4e4ab- 1Open Market operationsfalse
- 2Variable cost reserve ratiostrue
- 3Rationing of creditfalse
- 4Direct Actionfalse
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Answer : 2. "Variable cost reserve ratios "
Q: Match the characteristics with their market structure:
(a) Expand out put until MC = MR
(b) Elasticity of demand depends on pricing policies of rivals
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62f3311739a8157d97fb7154- 1(a) Pure competition, (b) Pure Monopolyfalse
- 2(a) Pure Monopoly, (b) Monopolistic competitionfalse
- 3(a) Pure competition, (b) Oligopolyfalse
- 4(a) Monopolistic competition, (b) Oligopolytrue
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Answer : 4. "(a) Monopolistic competition, (b) Oligopoly"
Q: Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.
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62e9f9a84404a856fa178dda- 1(a) Oligopoly, (b) Pure competitiontrue
- 2(a) Monopolistic competition, (b) Oligopolyfalse
- 3(a) Pure Monopoly, (b) Pure competitionfalse
- 4(a) Oligopoly, (b) Pure Monopolyfalse
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