Account and Finance Questions Practice Question and Answer

Q:

Which among the following formulates the Fiscal policy in India?   

1787 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:

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

1772 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? 

1728 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: 

1632 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:

Asset Reconstruction Companies are regulated by- 

1596 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:

Electronic Fund Transfer scheme of RBI has been renamed as :

1576 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:

Rural Infrastructure Development Fund (RIDF) is maintained by- 

1572 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:

Which digital payment digital payment platform has tied up with a clutch of leading Indian banks to offer tokenized card services to customers on its UPI app?

1549 0

  • 1
    Mobikwik
    Correct
    Wrong
  • 2
    PhonePe
    Correct
    Wrong
  • 3
    Google Pay
    Correct
    Wrong
  • 4
    Amazon Pay
    Correct
    Wrong
  • 5
    Paytm
    Correct
    Wrong
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Answer : 3. "Google Pay"

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