Account and Finance Questions Practice Question and Answer
8 Q: The theory of distribution relates to which of the following?
889 0638f0de39ebad6607ba13684
638f0de39ebad6607ba13684- 1The distribution of assetsfalse
- 2The distribution of incomefalse
- 3The distribution of factor paymentsfalse
- 4Equality in the distribution of the income and wealthtrue
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Answer : 4. "Equality in the distribution of the income and wealth"
Q: What is the upper limit of annual household income for microfinance borrowers in rural areas?
887 06441220732185cce374b418d
6441220732185cce374b418d- 1₹1.5 lakhfalse
- 2₹1 lakhfalse
- 3₹1.25 lakhtrue
- 4₹2 lakhfalse
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Answer : 3. "₹1.25 lakh"
Q: In which market form, a market or industry is dominated by a few firms?
885 0606c2bfcaffa2d5265b4d968
606c2bfcaffa2d5265b4d968- 1Monopolyfalse
- 2Oligopolytrue
- 3Perfect Competitionfalse
- 4None of the abovefalse
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Answer : 2. "Oligopoly "
Q: Bharti Airtel has partnered with which industry group for 'Made in India' 5G network solutions?
885 06125dbe916e9414f513cf776
6125dbe916e9414f513cf776- 1Bajaj Groupfalse
- 2Adani Groupfalse
- 3Tata Grouptrue
- 4Aditya Birla Groupfalse
- 5Mahindra Groupfalse
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Answer : 3. "Tata Group"
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
875 062f3311739a8157d97fb7154
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: Inflation in India is measured on which of the following index?
874 061b7625e993630653cf4e5e7
61b7625e993630653cf4e5e7- 1Living Expenditure Index ( COLI )false
- 2Consumer Price Index ( CPI )false
- 3Gross Domestic Productfalse
- 4Wholesale Price Index ( WPI )true
- 5None of thesefalse
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Answer : 4. "Wholesale Price Index ( WPI )"
Q: The Financial Sector Appraisal Committee (CFSA) constituted by the Reserve Bank of India has also recommended some reforms in which of the following laws existing in India?
873 061b7638b7a5b3510e9c63a1a
61b7638b7a5b3510e9c63a1a- 1Taxation Lawfalse
- 2Commercial lawfalse
- 3Banking Regulation Lawtrue
- 4Property lawfalse
- 5All of the abovefalse
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Answer : 3. "Banking Regulation Law"
Q: The FRBMA was enacted in 2003, which set targets for the government to reduce fiscal deficits. What does FRBMA stand for?
871 063072d53e864816d0050c2bb
63072d53e864816d0050c2bb- 1Fiscal Relations and Budget Maintenance Actfalse
- 2Financial Relations and Budget Management Actfalse
- 3Financial Responsibility and Budget Maintenance Actfalse
- 4Fiscal Responsibility and Budget Management Acttrue
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