Account and Finance Questions Practice Question and Answer
8 Q: Which bank has launched a ‘SIM Binding’ feature in its digital banking platforms to protect customers from various frauds?
983 06125db2a7c2fc04f2bea2212
6125db2a7c2fc04f2bea2212- 1Union Bank of Indiafalse
- 2HDFC Bankfalse
- 3Yes Bankfalse
- 4ICICI Bankfalse
- 5State Bank of Indiatrue
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Answer : 5. "State Bank of India"
Q: Which amongst the following is not a component of monetary policy in India?
981 0606c2deb6a85553684ddde56
606c2deb6a85553684ddde56- 1Credit Ratingfalse
- 2Public Debttrue
- 3Repo ratefalse
- 4Moral suasionfalse
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Answer : 2. "Public Debt "
Q: Which of the following rate is charged by banks to their most credit-worthy customers?
971 060338a8904197a15c66fd01b
60338a8904197a15c66fd01b- 1Bank Ratefalse
- 2Repo Ratefalse
- 3Prime Lending Ratetrue
- 4Statutory Liquidity Ratefalse
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Answer : 3. "Prime Lending Rate"
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.
968 062e9f9a84404a856fa178dda
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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Answer : 1. "(a) Oligopoly, (b) Pure competition"
Q: Which is the first bank in India to launch its interactive banking service through Dish TV ?
968 05fc7516db3b23538af6ce0bb
5fc7516db3b23538af6ce0bb- 1SBIfalse
- 2ICICI Banktrue
- 3HDFC Bankfalse
- 4Axis Bankfalse
- 5Dhan Laxmi bankfalse
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Answer : 2. "ICICI Bank"
Q: Public Sector Enterprises (PSEs) is comes under which ministry?
967 05fc7573f0cb33424ae8b8a5f
5fc7573f0cb33424ae8b8a5f- 1Ministry of Heavy Industries and Public Enterprisestrue
- 2Ministry of Environment, Forest and Climate Changefalse
- 3Ministry of Personnel, Public Grievances and Pensionsfalse
- 4Ministry of Corporate Affairsfalse
- 5Ministry of New and Renewable Energyfalse
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Answer : 1. "Ministry of Heavy Industries and Public Enterprises"
Q: Which is the first bank started entirely with Indian capital?
931 061b750227a5b3510e9c5e540
61b750227a5b3510e9c5e540- 1Bank of Indiafalse
- 2Punjab National Banktrue
- 3Bank of Barodafalse
- 4Bank of Maharashtrafalse
- 5None of thesefalse
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Answer : 2. "Punjab National Bank"
Q: RBI absorbs liquidity in the system through :
930 05fc750b7d0af4c56f5e70e52
5fc750b7d0af4c56f5e70e52- 1Repofalse
- 2Reverse Repotrue
- 3Both A and Bfalse
- 4Either A or Bfalse
- 5None of thesefalse
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