Account and Finance Practice Question and Answer
8 Q: Which of the following banks has launched a new product to provide a short-term working capital demand loan to its MSME clients?
1104 062ecdac355c5be5841eb0fcc
62ecdac355c5be5841eb0fcc- 1SBItrue
- 2ICICIfalse
- 3Axis Bankfalse
- 4HDFC Bankfalse
- 5Yes Bankfalse
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Answer : 1. "SBI"
Explanation :
State Bank of India today said it has launched a new product to provide short-term working capital demand loans to its MSME clients.
Q: Which of the following is NOT a Govt-sponsored organization?
1094 061d850a135bd1c6dba0133e4
61d850a135bd1c6dba0133e4- 1Small Industries Development Bank of Indiafalse
- 2NABARDfalse
- 3National Housing Bankfalse
- 4ICICI Banktrue
- 5All are Govt-sponsoredfalse
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Answer : 4. "ICICI Bank"
Q: Credit Foncier was first established in France in the year 1952. He is called the father of land mortgage banks. When was the first co-operative land-mortgage bank established in our country in Punjab?
1090 061b3342345c0db34860dc201
61b3342345c0db34860dc201- 11920true
- 21925false
- 31935false
- 41940false
- 5None of thesefalse
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Answer : 1. "1920"
Q: ESIC Works under which of the following ministry?
1086 06125daa8d0c1d14f329b091b
6125daa8d0c1d14f329b091b- 1Ministry of Home Affairsfalse
- 2Ministry Rural Developmentfalse
- 3Ministry of Financefalse
- 4Ministry of Personnel and Public grievancefalse
- 5Ministry of Labour and Employmenttrue
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Answer : 5. "Ministry of Labour and Employment"
Q: Match the characteristics with their market structure:
(a) Expand out put until MC = MR
(b) Elasticity of demand depends on pricing policies of rivals
1081 062f3311739a8157d97fb7154
62f3311739a8157d97fb7154- 1(a) Pure competition, (b) Pure Monopolyfalse
- 2(a) Pure Monopoly, (b) Monopolistic competitionfalse
- 3(a) Pure competition, (b) Oligopolyfalse
- 4(a) Monopolistic competition, (b) Oligopolytrue
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Answer : 4. "(a) Monopolistic competition, (b) Oligopoly"
Q: Which financial institution has launched new health insurance plan called Arogya Rakshak?
1081 06125e4f37c2fc04f2bea484f
6125e4f37c2fc04f2bea484f- 1IRDAIfalse
- 2SIDBIfalse
- 3SBIfalse
- 4SEBIfalse
- 5LICtrue
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Answer : 5. "LIC"
Q: In which market form, a market or industry is dominated by a few firms?
1077 0606c2bfcaffa2d5265b4d968
606c2bfcaffa2d5265b4d968- 1Monopolyfalse
- 2Oligopolytrue
- 3Perfect Competitionfalse
- 4None of the abovefalse
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Answer : 2. "Oligopoly "
Q: One of the main factors that led to rapid expansion of Indian exports is–
1075 0651165d463078e50a29fb72f
651165d463078e50a29fb72f- 1Imposition of export dutyfalse
- 2Liberalization of the economytrue
- 3Recession in other countriesfalse
- 4Diversification of exportsfalse
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Answer : 2. "Liberalization of the economy"
Explanation :
The Liberalization of economy is to the main factor that led to rapid expansion of Indian exports. Imposition, Recession and Diversification does not contribute to export