Account and Finance Questions Practice Question and Answer

Q:

Which financial institution has launched new health insurance plan called Arogya Rakshak?

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  • 1
    IRDAI
    Correct
    Wrong
  • 2
    SIDBI
    Correct
    Wrong
  • 3
    SBI
    Correct
    Wrong
  • 4
    SEBI
    Correct
    Wrong
  • 5
    LIC
    Correct
    Wrong
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Answer : 5. "LIC"

Q:

____________ is the official minimum rate at which the Central Bank of a country re-discounts the approved bills, held by commercial banks.

1183 0

  • 1
    Prime Lending Rate
    Correct
    Wrong
  • 2
    Reverse Repo Rate
    Correct
    Wrong
  • 3
    Repo Rate
    Correct
    Wrong
  • 4
    Bank rate
    Correct
    Wrong
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Answer : 4. "Bank rate"

Q:

In which year, RBI was nationalized?

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

Q:

What is the upper limit of annual household income for microfinance borrowers in rural areas?

1175 0

  • 1
    ₹1.5 lakh
    Correct
    Wrong
  • 2
    ₹1 lakh
    Correct
    Wrong
  • 3
    ₹1.25 lakh
    Correct
    Wrong
  • 4
    ₹2 lakh
    Correct
    Wrong
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Answer : 3. "₹1.25 lakh"

Q:

Which one of the following statements is true in contrast to the General Budget?

1167 0

  • 1
    It is first presented in the Upper House.
    Correct
    Wrong
  • 2
    It is first introduced in the Lok Sabha.
    Correct
    Wrong
  • 3
    It can be introduced in either House which is in immediate session.
    Correct
    Wrong
  • 4
    It is presented in a joint session of Parliament.
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "It is first introduced in the Lok Sabha."

Q:

The theory of distribution relates to which of the following?

1159 0

  • 1
    The distribution of assets
    Correct
    Wrong
  • 2
    The distribution of income
    Correct
    Wrong
  • 3
    The distribution of factor payments
    Correct
    Wrong
  • 4
    Equality in the distribution of the income and wealth
    Correct
    Wrong
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Answer : 4. "Equality in the distribution of the income and wealth"

Q:

Who was the first Governor of Reserve Bank of India?

1156 0

  • 1
    Sir Osworn A. smith
    Correct
    Wrong
  • 2
    Sir James B. Tailor
    Correct
    Wrong
  • 3
    Sir C.D. Deshmukh
    Correct
    Wrong
  • 4
    Sir V.R. Rao
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "Sir Osworn A. smith"

Q:

Uber has launched a business-to-business model called ______?

1150 0

  • 1
    "Uber for Business "
    Correct
    Wrong
  • 2
    “Business for Uber”
    Correct
    Wrong
  • 3
    “Uber Business”
    Correct
    Wrong
  • 4
    “Business Uber”
    Correct
    Wrong
  • 5
    None of the above
    Correct
    Wrong
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Answer : 1. ""Uber for Business ""

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