Account and Finance Practice Question and Answer

Q:

16 Which of these banks was nationalized in 1969?   

1451 0

  • 1
    Andhra Bank
    Correct
    Wrong
  • 2
    Vijaya Bank
    Correct
    Wrong
  • 3
    Punjab and Sind Bank
    Correct
    Wrong
  • 4
    Oriental Bank of Commerce.
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 5. "None of these"

Q:

Which of the following is India’s first Credit Information Company? 

1439 0

  • 1
    CRISIL
    Correct
    Wrong
  • 2
    SMERA
    Correct
    Wrong
  • 3
    ICRA
    Correct
    Wrong
  • 4
    CIBIL
    Correct
    Wrong
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Answer : 4. "CIBIL"

Q:

Who was the Finance Minister of India when Banking Nationalization was done in 1969? 

1438 0

  • 1
    Morarji Desai
    Correct
    Wrong
  • 2
    Indira Gandhi
    Correct
    Wrong
  • 3
    Yashwantrao Chavan
    Correct
    Wrong
  • 4
    Chidambaram Subramaniam
    Correct
    Wrong
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Answer : 2. "Indira Gandhi "

Q:

Name the apex organization of industrial finance in India. 

1428 0

  • 1
    IFCI
    Correct
    Wrong
  • 2
    IDBI
    Correct
    Wrong
  • 3
    ICICI
    Correct
    Wrong
  • 4
    IIFI
    Correct
    Wrong
  • 5
    BCIF
    Correct
    Wrong
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Answer : 2. "IDBI "

Q:

Corporate loans are offered to applicants who have established their business for how many years in India? 

1425 0

  • 1
    5
    Correct
    Wrong
  • 2
    6
    Correct
    Wrong
  • 3
    2
    Correct
    Wrong
  • 4
    7
    Correct
    Wrong
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Answer : 1. "5"

Q:

What is the Validity of a cheque?

1420 0

  • 1
    1 month
    Correct
    Wrong
  • 2
    3 month
    Correct
    Wrong
  • 3
    4 month
    Correct
    Wrong
  • 4
    6 month
    Correct
    Wrong
  • 5
    2 month
    Correct
    Wrong
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Answer : 2. "3 month"

Q:

‘Open Market Operations’ is related to which of the following organisation?

1416 0

  • 1
    Reserve Bank of India
    Correct
    Wrong
  • 2
    SEBI
    Correct
    Wrong
  • 3
    Department of Investment and Public Asset Management(DIPAM)/
    Correct
    Wrong
  • 4
    None is Correct
    Correct
    Wrong
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Answer : 1. "Reserve Bank of India"

Q:

HDFC stands for:

1410 0

  • 1
    Higher Development Finance Corporation
    Correct
    Wrong
  • 2
    Housing Development Finance Corporation
    Correct
    Wrong
  • 3
    Himachal Development Finance Corporation
    Correct
    Wrong
  • 4
    Human Development Finance corporation
    Correct
    Wrong
  • 5
    None of These
    Correct
    Wrong
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Answer : 2. "Housing Development Finance Corporation"

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