Account and Finance Questions Practice Question and Answer
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Q: Who has given the concept that 'Bad Money drives Good Money out of circulation?
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5e97d055fc7e7a3060b943ea- 1Robert Giffenfalse
- 2Thomas Greshamtrue
- 3J. R. Hicksfalse
- 4W.J. Baumolfalse
- 5Alfred Marshallfalse
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Answer : 2. "Thomas Gresham"
Q: Electronic Fund Transfer scheme of RBI has been renamed as :
1700 05fc7504f907913387b009b59
5fc7504f907913387b009b59- 1Clearingfalse
- 2Core Banking Solutionsfalse
- 3Real Time Gross Settlementfalse
- 4National Electronic Fund Transfertrue
- 5None of thesefalse
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Answer : 4. "National Electronic Fund Transfer"
Q: In which year RBI introduced cheque truncation system?
1695 05e9569b253167643dfefff41
5e9569b253167643dfefff41- 12005false
- 22006false
- 32008true
- 42010false
- 52013false
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Answer : 3. "2008 "
Q: RBI directed banks to provide doorstep banking facilities to-
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5ea27b604401a11507e54c65- 1Poor womenfalse
- 2Citizens above 50 years of agefalse
- 3Children below 15 years of agefalse
- 4Scheduled tribe personsfalse
- 5Differently abled personstrue
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Answer : 5. "Differently abled persons "
Q: Which among the following is an example of micro-economic variable?
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606c3052c476de27c7b1e07f- 1Employmentfalse
- 2Consumer’s Equilibriumtrue
- 3National Incomefalse
- 4Aggregate Supplyfalse
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Answer : 2. "Consumer’s Equilibrium "
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?
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6125f03851e5ee4f5c8cfd1e- 1HDFC Bankfalse
- 2IndusInd Bankfalse
- 3Axis Banktrue
- 4Yes Bankfalse
- 5ICICI Bankfalse
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Answer : 3. "Axis Bank"
Q: Debenture holders of a company are its
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5f156b0f4cff381d1626c224- 1Debtorsfalse
- 2Directorsfalse
- 3Shareholdersfalse
- 4Creditorstrue
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Answer : 4. "Creditors "
Q: GST stands for_____
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60f7b2093ca0726dff341a9f- 1Goods and Services Taxtrue
- 2Growth and Service Taxfalse
- 3Growth and Sale Taxfalse
- 4Goods and Sales Taxfalse
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Answer : 1. "Goods and Services Tax"
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