Account and Finance Questions Practice Question and Answer
8 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
984 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: In which market form, a market or industry is dominated by a few firms?
983 0606c2bfcaffa2d5265b4d968
606c2bfcaffa2d5265b4d968- 1Monopolyfalse
- 2Oligopolytrue
- 3Perfect Competitionfalse
- 4None of the abovefalse
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Answer : 2. "Oligopoly "
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?
978 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: Bharti Airtel has partnered with which industry group for 'Made in India' 5G network solutions?
976 06125dbe916e9414f513cf776
6125dbe916e9414f513cf776- 1Bajaj Groupfalse
- 2Adani Groupfalse
- 3Tata Grouptrue
- 4Aditya Birla Groupfalse
- 5Mahindra Groupfalse
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Answer : 3. "Tata Group"
Q: One of the main factors that led to rapid expansion of Indian exports is–
974 0651165d463078e50a29fb72f
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: What is the upper limit of annual household income for microfinance borrowers in rural areas?
974 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: Practiced in times of inflation
972 061b32c91bcb1f45db0a6a7ef
61b32c91bcb1f45db0a6a7ef- 1Pump Priming Policyfalse
- 2Positive Compensatory Expenditure Policyfalse
- 3Negative Compensatory Expenditure Policytrue
- 4Both 2 and 3false
- 5Both 1 and 3false
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Answer : 3. "Negative Compensatory Expenditure Policy"
Q: Which of the following branch of the World Bank was formed in the year 1992 for quick financial action and innovation activities?
966 061b766d37a5b3510e9c64397
61b766d37a5b3510e9c64397- 1IFCfalse
- 2IDFtrue
- 3MIGAfalse
- 4ICSIDfalse
- 5None of thesefalse
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