Account and Finance Practice Question and Answer
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Q: Rural Infrastructure Development Fund (RIDF) is maintained by-
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5e97d5741ef51c5f8d45252a- 1Ministry of Rural Developmentfalse
- 2RBIfalse
- 3SIDBIfalse
- 4NABARDtrue
- 5Ministry of Agriculturefalse
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Answer : 4. "NABARD "
Q: Who was the second Governor of Reserve Bank of India?
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5e94477bb691736639f5b07a- 1Sir C. D Deshmukhfalse
- 2Sir James Taylortrue
- 3Sir W. T . McCallumfalse
- 4Sir Osborne Smithfalse
- 5None of thesefalse
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Answer : 2. "Sir James Taylor "
Q: For how many months is a cheque valid from the date of issue?
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612361186975ee151bc2282f- 13 monthstrue
- 26 monthsfalse
- 31 monthfalse
- 42 monthsfalse
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Answer : 1. "3 months "
Q: Electronic Fund Transfer scheme of RBI has been renamed as :
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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: 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: In which year RBI introduced cheque truncation system?
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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: The term ATM stands for which of the following?
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5e69c317755e9d6ad85cefa1- 1Automatic teller machinetrue
- 2Automated teller mechanismfalse
- 3Automated teller machinefalse
- 4None of thesefalse
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Answer : 1. "Automatic teller machine "
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