Account and Finance Questions Practice Question and Answer
8 Q: In the banking world, when the loan given by the bank to any person or organization is not returned by the borrower, knowingly or for any other reason, then it is called.
(A) Standard Asset
(B) Non-Junk Asset
(C) Overdraft
1061 061b764b6993630653cf4ee77
61b764b6993630653cf4ee77- 1only ( A )false
- 2only ( B )true
- 3only ( C )false
- 4Only (A) and (B) bothfalse
- 5none of thesefalse
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Answer : 2. "only ( B )"
Q: The Government of India had started the insurance scheme for the agriculture sector. Which of the following is the name of this scheme?
1059 061b763407fd9195ddf2d84d0
61b763407fd9195ddf2d84d0- 1NAIStrue
- 2RIDFfalse
- 3AICILfalse
- 4CACPfalse
- 5None of thesefalse
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Answer : 1. "NAIS"
Q: National Income is also called as–
1057 06513d59656a7b2508cb933bf
6513d59656a7b2508cb933bf- 1GNP at factor costfalse
- 2GNP at market pricefalse
- 3NNP at factor costfalse
- 4NNP at market pricetrue
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Answer : 4. "NNP at market price"
Explanation :
Initially NNPFC was known as National Income but Now NNPMP is known as National Income.
Q: Inflation in India is measured on which of the following index?
1056 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: Normally a bank does not have to deal with __________ related issues of the following.
1042 061b764257fd9195ddf2d9383
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: An effective way to control inflationary pressures is
1039 061b32f568b0b930f5301ceb2
61b32f568b0b930f5301ceb2- 1increase in taxationfalse
- 2reduction in government expenditurefalse
- 3Increase in public lifefalse
- 4Increase in Repo Ratefalse
- 5All thesetrue
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Answer : 5. "All these"
Q: Which of the following was the first mutual fund listed on the new mutual fund platform launched on the National Stock Exchange?
1028 061b7609c993630653cf4e56e
61b7609c993630653cf4e56e- 1UTI Mutual Fundtrue
- 2SBI Mutual Fundfalse
- 3LIC Mutual Fundfalse
- 4Bank of Baroda Mutual Fundfalse
- 5None of the abovefalse
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Answer : 1. "UTI Mutual Fund"
Q: Match the characteristics with their market structure:
(a) Price > MC in both short and long run
(b) Faces highly elastic demand
1026 062de6fc9dc73b0303fb4f418
62de6fc9dc73b0303fb4f418- 1(a) Monopolistic competition, (b) Pure competitionfalse
- 2(a) Pure Monopoly, (b) Monopolistic competitiontrue
- 3(a) Pure competition, (b) Monopolistic competitionfalse
- 4(a) Oligopoly, (b) Pure competitionfalse
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