Account and Finance Questions Practice Question and Answer
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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"
Q: Concept of "Service Area Approach" was recommended by :
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5fc74f9db3b23538af6cc8f0- 1R.V. Guptatrue
- 2A.D. Gorawalafalse
- 3Dr. P.D. Ojha Committeefalse
- 4Dr. Kaliafalse
- 5None of thesefalse
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Answer : 1. "R.V. Gupta "
Q: The reserves which can act as liquidity buffer for commercial banks during crisis times are:
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5fc75a88d0af4c56f5e7491a- 1CRR and SLRtrue
- 2Only CRRfalse
- 3Only SLRfalse
- 4Reverse Repo ratefalse
- 5None of thesefalse
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Answer : 1. "CRR and SLR"
Q: 16 Which of these banks was nationalized in 1969?
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5e99b0f51dda1f42d77fd296- 1Andhra Bankfalse
- 2Vijaya Bankfalse
- 3Punjab and Sind Bankfalse
- 4Oriental Bank of Commerce.false
- 5None of thesetrue
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Answer : 5. "None of these"
Q: HDFC stands for:
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5fc758340cb33424ae8b95d1- 1Higher Development Finance Corporationfalse
- 2Housing Development Finance Corporationtrue
- 3Himachal Development Finance Corporationfalse
- 4Human Development Finance corporationfalse
- 5None of Thesefalse
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Answer : 2. "Housing Development Finance Corporation"
Q: World's first thermal battery power plant is started in which state?
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5fc755560cb33424ae8b65a6- 1Andhra Pradeshtrue
- 2Keralafalse
- 3Uttar Pradeshfalse
- 4Maharashtrafalse
- 5Gujaratfalse
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Answer : 1. "Andhra Pradesh "
Q: Name the apex organization of industrial finance in India.
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5ea267e827e7e648ef84eb86- 1IFCIfalse
- 2IDBItrue
- 3ICICIfalse
- 4IIFIfalse
- 5BCIFfalse
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Answer : 2. "IDBI "
Q: Who was the Finance Minister of India when Banking Nationalization was done in 1969?
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5e902c9cce0a3938e2c83875- 1Morarji Desaifalse
- 2Indira Gandhitrue
- 3Yashwantrao Chavanfalse
- 4Chidambaram Subramaniamfalse
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Answer : 2. "Indira Gandhi "
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