Account and Finance Questions Practice Question and Answer

Q:

Rural Infrastructure Development Fund (RIDF) is maintained by- 

1907 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 among the following is an example of micro-economic variable? 

1902 0

  • 1
    Employment
    Correct
    Wrong
  • 2
    Consumer’s Equilibrium
    Correct
    Wrong
  • 3
    National Income
    Correct
    Wrong
  • 4
    Aggregate Supply
    Correct
    Wrong
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Answer : 2. "Consumer’s Equilibrium "

Q:

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

1886 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"

Q:

Electronic Fund Transfer scheme of RBI has been renamed as :

1885 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:

RBI directed banks to provide doorstep banking facilities to- 

1852 0

  • 1
    Poor women
    Correct
    Wrong
  • 2
    Citizens above 50 years of age
    Correct
    Wrong
  • 3
    Children below 15 years of age
    Correct
    Wrong
  • 4
    Scheduled tribe persons
    Correct
    Wrong
  • 5
    Differently abled persons
    Correct
    Wrong
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Answer : 5. "Differently abled persons "

Q:

GST stands for_____

1824 0

  • 1
    Goods and Services Tax
    Correct
    Wrong
  • 2
    Growth and Service Tax
    Correct
    Wrong
  • 3
    Growth and Sale Tax
    Correct
    Wrong
  • 4
    Goods and Sales Tax
    Correct
    Wrong
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Answer : 1. "Goods and Services Tax"

Q:

Debenture holders of a company are its 

1815 0

  • 1
    Debtors
    Correct
    Wrong
  • 2
    Directors
    Correct
    Wrong
  • 3
    Shareholders
    Correct
    Wrong
  • 4
    Creditors
    Correct
    Wrong
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Answer : 4. "Creditors "

Q:

Which bank has tied up with Mumbai Metro to launch ‘One Mumbai Metro Card’ powered by Mastercard, to ensure contactless and cashless travel for Mumbaikars?

1786 0

  • 1
    HDFC Bank
    Correct
    Wrong
  • 2
    IndusInd Bank
    Correct
    Wrong
  • 3
    Axis Bank
    Correct
    Wrong
  • 4
    Yes Bank
    Correct
    Wrong
  • 5
    ICICI Bank
    Correct
    Wrong
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Answer : 3. "Axis Bank"

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