Account and Finance Questions Practice Question and Answer

Q:

Collateralised Borrowing and Lending Obligation (CBLO) is an instrument of- 

1659 0

  • 1
    Capital Market
    Correct
    Wrong
  • 2
    Commodity Market
    Correct
    Wrong
  • 3
    Futures Market
    Correct
    Wrong
  • 4
    Money Market
    Correct
    Wrong
  • 5
    Derivative Market
    Correct
    Wrong
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Answer : 4. "Money Market "

Q:

Imperial Bank of India was nationalized in which year? 

1639 0

  • 1
    1944
    Correct
    Wrong
  • 2
    1955
    Correct
    Wrong
  • 3
    1921
    Correct
    Wrong
  • 4
    1949
    Correct
    Wrong
  • 5
    1935
    Correct
    Wrong
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Answer : 2. "1955 "

Q:

The situation with increasing unemployment and inflation is termed as: 

1542 0

  • 1
    Deflation
    Correct
    Wrong
  • 2
    Galloping inflation
    Correct
    Wrong
  • 3
    Hyper inflation
    Correct
    Wrong
  • 4
    Stagflation
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 4. "Stagflation"

Q:

Which among the following formulates the Fiscal policy in India?   

1529 0

  • 1
    RBI
    Correct
    Wrong
  • 2
    SEBI
    Correct
    Wrong
  • 3
    Ministry of Finance
    Correct
    Wrong
  • 4
    NITI Aayog
    Correct
    Wrong
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Answer : 3. "Ministry of Finance "

Q:

Rural Infrastructure Development Fund (RIDF) is maintained by- 

1472 0

  • 1
    Ministry of Rural Development
    Correct
    Wrong
  • 2
    RBI
    Correct
    Wrong
  • 3
    SIDBI
    Correct
    Wrong
  • 4
    NABARD
    Correct
    Wrong
  • 5
    Ministry of Agriculture
    Correct
    Wrong
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Answer : 4. "NABARD "

Q:

Electronic Fund Transfer scheme of RBI has been renamed as :

1471 0

  • 1
    Clearing
    Correct
    Wrong
  • 2
    Core Banking Solutions
    Correct
    Wrong
  • 3
    Real Time Gross Settlement
    Correct
    Wrong
  • 4
    National Electronic Fund Transfer
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 4. "National Electronic Fund Transfer"

Q:

Asset Reconstruction Companies are regulated by- 

1460 0

  • 1
    SEBI
    Correct
    Wrong
  • 2
    RBI
    Correct
    Wrong
  • 3
    GOI
    Correct
    Wrong
  • 4
    FCI
    Correct
    Wrong
  • 5
    IDBI
    Correct
    Wrong
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Answer : 2. "RBI "

Q:

Who has given the concept that 'Bad Money drives Good Money out of circulation? 

1452 0

  • 1
    Robert Giffen
    Correct
    Wrong
  • 2
    Thomas Gresham
    Correct
    Wrong
  • 3
    J. R. Hicks
    Correct
    Wrong
  • 4
    W.J. Baumol
    Correct
    Wrong
  • 5
    Alfred Marshall
    Correct
    Wrong
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Answer : 2. "Thomas Gresham"

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