Account and Finance Practice Question and Answer
8 Q: "DD" in banking term stands for:
1232 05fc75948b3b23538af6d119c
5fc75948b3b23538af6d119c- 1Demand Chequefalse
- 2Doordarshanfalse
- 3Demand Drafttrue
- 4None of Thesefalse
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Answer : 3. "Demand Draft"
Q: Accounts in which shares of various companies are traded in electronic form are called:
1193 05fc75a31907913387b00e7f3
5fc75a31907913387b00e7f3- 1Demat Accountstrue
- 2Revenue Accountsfalse
- 3E- Accountsfalse
- 4Saving accountsfalse
- 5None of thesefalse
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Answer : 1. "Demat Accounts"
Q: Which is the first bank in India to launch its interactive banking service through Dish TV ?
1188 05fc7516db3b23538af6ce0bb
5fc7516db3b23538af6ce0bb- 1SBIfalse
- 2ICICI Banktrue
- 3HDFC Bankfalse
- 4Axis Bankfalse
- 5Dhan Laxmi bankfalse
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Answer : 2. "ICICI Bank"
Q: According to the existing norms, the permission of which of the following has to be taken for mergers and acquisitions in the corporate sector apart from the Reserve Bank of India?
(a) The High Court of the State concerned
(b) Union Cabinet
(c) the cabinets of the respective states
1178 061b751737a5b3510e9c5eabe
61b751737a5b3510e9c5eabe- 1(a) and (b) onlytrue
- 2Only (b)false
- 3(c) onlyfalse
- 4Only (a)false
- 5None of thesefalse
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Answer : 1. "(a) and (b) only"
Q: Which one of the following is not an instrument of credit control in India?
1175 0606c2fb5affa2d5265b4e4ab
606c2fb5affa2d5265b4e4ab- 1Open Market operationsfalse
- 2Variable cost reserve ratiostrue
- 3Rationing of creditfalse
- 4Direct Actionfalse
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Answer : 2. "Variable cost reserve ratios "
Q: Public Sector Enterprises (PSEs) is comes under which ministry?
1164 05fc7573f0cb33424ae8b8a5f
5fc7573f0cb33424ae8b8a5f- 1Ministry of Heavy Industries and Public Enterprisestrue
- 2Ministry of Environment, Forest and Climate Changefalse
- 3Ministry of Personnel, Public Grievances and Pensionsfalse
- 4Ministry of Corporate Affairsfalse
- 5Ministry of New and Renewable Energyfalse
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Answer : 1. "Ministry of Heavy Industries and Public Enterprises"
Q: Which amongst the following is not a component of monetary policy in India?
1161 0606c2deb6a85553684ddde56
606c2deb6a85553684ddde56- 1Credit Ratingfalse
- 2Public Debttrue
- 3Repo ratefalse
- 4Moral suasionfalse
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Answer : 2. "Public Debt "
Q: Which of the following rate is charged by banks to their most credit-worthy customers?
1159 060338a8904197a15c66fd01b
60338a8904197a15c66fd01b- 1Bank Ratefalse
- 2Repo Ratefalse
- 3Prime Lending Ratetrue
- 4Statutory Liquidity Ratefalse
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