Account and Finance Practice Question and Answer
8 Q: Which one of the following is not an instrument of credit control in India?
1008 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: Accounts in which shares of various companies are traded in electronic form are called:
1001 05fc75a31907913387b00e7f3
5fc75a31907913387b00e7f3- 1Demat Accountstrue
- 2Revenue Accountsfalse
- 3E- Accountsfalse
- 4Saving accountsfalse
- 5None of thesefalse
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Answer : 1. "Demat Accounts"
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
1000 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: Mutual Funds are required to be registered with :
998 05fc7511d0cb33424ae8b53b6
5fc7511d0cb33424ae8b53b6- 1AMFIfalse
- 2SEBItrue
- 3IBAfalse
- 4RBIfalse
- 5FCATfalse
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Answer : 2. "SEBI"
Q: Medium-term loans are provided for a period of _____.
996 060338b1ded952b1532dde895
60338b1ded952b1532dde895- 115 months to 4 yearsfalse
- 21 year to 3 yearstrue
- 31 year to 2 yearsfalse
- 415 months to 3 yearsfalse
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Answer : 2. "1 year to 3 years"
Q: The World Economic Outlook (WEO) is a survey conducted and published by-
994 05fc756d2b3b23538af6cf227
5fc756d2b3b23538af6cf227- 1WTOfalse
- 2World Bankfalse
- 3UNCTADfalse
- 4New Development Bankfalse
- 5International Monetary Fundtrue
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Answer : 5. "International Monetary Fund "
Q: Which of these institutions fixes the Repo Rate and the Reverse Repo Rate in India?
994 062be9c091d322d793f527a72
62be9c091d322d793f527a72- 1Reserve Bank of Indiatrue
- 2Comptroller and Auditor General of Indiafalse
- 3Ministry of Financefalse
- 4State Bank of Indiafalse
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Answer : 1. "Reserve Bank of India"
Q: Which of the following country is the largest lender of America?
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61b7652f7a5b3510e9c63fc5- 1Britainfalse
- 2Japanfalse
- 3Chinatrue
- 4Brazilfalse
- 5Indiafalse
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