Account and Finance Questions Practice Question and Answer

Q:

Fiscal policy is not a tool

833 0

  • 1
    public expenditure
    Correct
    Wrong
  • 2
    bank rate
    Correct
    Wrong
  • 3
    SLR
    Correct
    Wrong
  • 4
    public debt
    Correct
    Wrong
  • 5
    2 and 3
    Correct
    Wrong
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Answer : 5. "2 and 3"

Q:

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

833 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 ""

Q:

Which of the following is not a function of Reserve Bank of India?

832 0

  • 1
    Providing credit facilities to the general public
    Correct
    Wrong
  • 2
    Keeping government money in different heads of accounts
    Correct
    Wrong
  • 3
    Keeping the country's foreign exchange reserves in safe custody
    Correct
    Wrong
  • 4
    Formulating monetary and credit policy
    Correct
    Wrong
  • 5
    All functions of Reserve Bank of India
    Correct
    Wrong
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Answer : 5. "All functions of Reserve Bank of India "

Q:

Who was the first Governor of Reserve Bank of India?

827 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:

Functional finance is related to

818 0

  • 1
    Monetary policy
    Correct
    Wrong
  • 2
    Fiscal policy
    Correct
    Wrong
  • 3
    Five year plan
    Correct
    Wrong
  • 4
    Both
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Fiscal policy"

Q:

Normally a bank does not have to deal with __________ related issues of the following.

815 0

  • 1
    Payment and Settlement System
    Correct
    Wrong
  • 2
    Contractual rights of creditors
    Correct
    Wrong
  • 3
    Intellectual Property Rights
    Correct
    Wrong
  • 4
    Bankruptcy cases
    Correct
    Wrong
  • 5
    Coordination among regulators operating in the banking financial sectors
    Correct
    Wrong
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Answer : 3. "Intellectual Property Rights"

Q:

The Government of India had started the insurance scheme for the agriculture sector. Which of the following is the name of this scheme?

814 0

  • 1
    NAIS
    Correct
    Wrong
  • 2
    RIDF
    Correct
    Wrong
  • 3
    AICIL
    Correct
    Wrong
  • 4
    CACP
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "NAIS"

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?

813 0

  • 1
    House
    Correct
    Wrong
  • 2
    Home
    Correct
    Wrong
  • 3
    Handle
    Correct
    Wrong
  • 4
    Host
    Correct
    Wrong
  • 5
    Honest
    Correct
    Wrong
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Answer : 1. "House"

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