Account and Finance Practice Question and Answer

Q:

BHIM Stands for _______

1515 0

  • 1
    Bharat Interface for Money
    Correct
    Wrong
  • 2
    Bharat Heavy Interface for Money
    Correct
    Wrong
  • 3
    Bharat Heavy Interface Money
    Correct
    Wrong
  • 4
    Bharat High Interface for Money
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "Bharat Interface for Money"

Q:

_________Bank has introduced the first Credit Card in India.

1511 0

  • 1
    Union Bank of India
    Correct
    Wrong
  • 2
    UTI Bank
    Correct
    Wrong
  • 3
    Axis Bank
    Correct
    Wrong
  • 4
    Central Bank of India
    Correct
    Wrong
  • 5
    Bank of India
    Correct
    Wrong
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Answer : 4. "Central Bank of India"

Q:

GST stands for_____

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  • 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:

Which of the following is not a measurement dimension of the recently launched Financial Inclusion Index (FII)?

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  • 1
    Quantity of Credit to GDP
    Correct
    Wrong
  • 2
    Access to financial services
    Correct
    Wrong
  • 3
    Usage of financial services
    Correct
    Wrong
  • 4
    Quality
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "Quantity of Credit to GDP"

Q:

Concept of "Service Area Approach" was recommended by :

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  • 1
    R.V. Gupta
    Correct
    Wrong
  • 2
    A.D. Gorawala
    Correct
    Wrong
  • 3
    Dr. P.D. Ojha Committee
    Correct
    Wrong
  • 4
    Dr. Kalia
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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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:

1466 0

  • 1
    CRR and SLR
    Correct
    Wrong
  • 2
    Only CRR
    Correct
    Wrong
  • 3
    Only SLR
    Correct
    Wrong
  • 4
    Reverse Repo rate
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "CRR and SLR"

Q:

____________ Bank has introduced first ATM in India.

1465 0

  • 1
    SBI
    Correct
    Wrong
  • 2
    ICICI
    Correct
    Wrong
  • 3
    HSBC
    Correct
    Wrong
  • 4
    Axis
    Correct
    Wrong
  • 5
    City Bank
    Correct
    Wrong
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Answer : 3. "HSBC"

Q:

World's first thermal battery power plant is started in which state?

1458 0

  • 1
    Andhra Pradesh
    Correct
    Wrong
  • 2
    Kerala
    Correct
    Wrong
  • 3
    Uttar Pradesh
    Correct
    Wrong
  • 4
    Maharashtra
    Correct
    Wrong
  • 5
    Gujarat
    Correct
    Wrong
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Answer : 1. "Andhra Pradesh "

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