Account and Finance Questions Practice Question and Answer
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Q: Which method comes under qualitative control?
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61b33389bcb1f45db0a6b70b- 1Open Market Activitiestrue
- 2Direct actionfalse
- 3Publicityfalse
- 4Moral persuasionfalse
- 52,3 and 4false
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Answer : 1. "Open Market Activities"
Q: Which of the following is not a function of Reserve Bank of India?
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61b76012993630653cf4e433- 1Providing credit facilities to the general publicfalse
- 2Keeping government money in different heads of accountsfalse
- 3Keeping the country's foreign exchange reserves in safe custodyfalse
- 4Formulating monetary and credit policyfalse
- 5All functions of Reserve Bank of Indiatrue
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Answer : 5. "All functions of Reserve Bank of India "
Q: Who was the first Governor of Reserve Bank of India?
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61b74d5e8fe2311103b01362- 1Sir Osworn A. smithtrue
- 2Sir James B. Tailorfalse
- 3Sir C.D. Deshmukhfalse
- 4Sir V.R. Raofalse
- 5None of thesefalse
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Answer : 1. "Sir Osworn A. smith"
Q: Fiscal policy is not a tool
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61b32d5b8b0b930f5301c85f- 1public expenditurefalse
- 2bank ratefalse
- 3SLRfalse
- 4public debtfalse
- 52 and 3true
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Answer : 5. "2 and 3"
Q: Normally a bank does not have to deal with __________ related issues of the following.
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61b764257fd9195ddf2d9383- 1Payment and Settlement Systemfalse
- 2Contractual rights of creditorsfalse
- 3Intellectual Property Rightstrue
- 4Bankruptcy casesfalse
- 5Coordination among regulators operating in the banking financial sectorsfalse
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Answer : 3. "Intellectual Property Rights"
Q: Functional finance is related to
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61b32ba745c0db34860dac23- 1Monetary policyfalse
- 2Fiscal policytrue
- 3Five year planfalse
- 4Bothfalse
- 5None of thesefalse
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Answer : 2. "Fiscal policy"
Q: ___________ of a bank is the ratio of deposits in current and saving accounts to total deposits.
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62d67451313eb40eb87339ce- 1RASA ratiofalse
- 2FARA ratiofalse
- 3SADA ratiofalse
- 4NASA ratiofalse
- 5CASA ratiotrue
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Answer : 5. "CASA ratio"
Q: NACH is a centralised system, launched with an aim to consolidate multiple ECS systems running across the country and provides a framework for the harmonization of standard & practices and removes local barriers/inhibitors. What is the meaning of "H" in NACH?
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62d673d30c053665b696e362- 1Housetrue
- 2Homefalse
- 3Handlefalse
- 4Hostfalse
- 5Honestfalse
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Answer : 1. "House"
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