Account and Finance Questions Practice Question and Answer

Q:

The difference between exports and imports is called?

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  • 1
    Assets and liabilities
    Correct
    Wrong
  • 2
    Balance of payment
    Correct
    Wrong
  • 3
    GDP
    Correct
    Wrong
  • 4
    Balance of trade
    Correct
    Wrong
  • 5
    Depreciation
    Correct
    Wrong
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Answer : 5. "Depreciation"

Q:

FCCB stands for:

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  • 1
    Finance and Currency Controller Board
    Correct
    Wrong
  • 2
    Foreign Currency Convertible Bond
    Correct
    Wrong
  • 3
    Foreign Collection for Cash Board
    Correct
    Wrong
  • 4
    Foreign Collection for Credit Board
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Foreign Currency Convertible Bond "

Q:

Which of the following is the nodal agency of Unstructured Supplementary Service Data (USSD) Service?

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  • 1
    NPCI
    Correct
    Wrong
  • 2
    RBI
    Correct
    Wrong
  • 3
    SBI
    Correct
    Wrong
  • 4
    SEBI
    Correct
    Wrong
  • 5
    FBI
    Correct
    Wrong
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Answer : 1. "NPCI"

Q:

When the prices of commodities, goods and services start declining consistently, the phenomenon is known as:

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  • 1
    Discount field
    Correct
    Wrong
  • 2
    Deflation
    Correct
    Wrong
  • 3
    Negative growth
    Correct
    Wrong
  • 4
    Market capitalism
    Correct
    Wrong
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Answer : 2. "Deflation"

Q:

BSE SENSEX Constitutes ____ number of companies.

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  • 1
    30
    Correct
    Wrong
  • 2
    40
    Correct
    Wrong
  • 3
    50
    Correct
    Wrong
  • 4
    60
    Correct
    Wrong
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Answer : 1. "30"

Q:

The government notified a hike in the foreign direct investment (FDI) limit in pension fund management to what percent under the national pension system (NPS)?

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  • 1
    74%
    Correct
    Wrong
  • 2
    100%
    Correct
    Wrong
  • 3
    49%
    Correct
    Wrong
  • 4
    64%
    Correct
    Wrong
  • 5
    70%
    Correct
    Wrong
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Answer : 1. "74%"

Q:

What is the uniform GST rate that has been fixed up for lottery prizes by the GST Council?

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  • 1
    28%
    Correct
    Wrong
  • 2
    10%
    Correct
    Wrong
  • 3
    18%
    Correct
    Wrong
  • 4
    32%
    Correct
    Wrong
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Answer : 1. "28%"

Q:

Deen Dayal Upadhyaya Gram Jyoti Yojana is a scheme of Govt. of India designed to pro- vide continuous electricity to rural India, was launched in – 

1265 0

  • 1
    2013
    Correct
    Wrong
  • 2
    2014
    Correct
    Wrong
  • 3
    2015
    Correct
    Wrong
  • 4
    2016
    Correct
    Wrong
  • 5
    None of the given options
    Correct
    Wrong
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Answer : 3. "2015 "

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