Account and Finance Practice Question and Answer
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Q: Which of the following rate is charged by banks to their most credit-worthy customers?
1409 060338a8904197a15c66fd01b
60338a8904197a15c66fd01b- 1Bank Ratefalse
- 2Repo Ratefalse
- 3Prime Lending Ratetrue
- 4Statutory Liquidity Ratefalse
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Answer : 3. "Prime Lending Rate"
Q: In which market form, a market or industry is dominated by a few firms?
1407 0606c2bfcaffa2d5265b4d968
606c2bfcaffa2d5265b4d968- 1Monopolyfalse
- 2Oligopolytrue
- 3Perfect Competitionfalse
- 4None of the abovefalse
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Answer : 2. "Oligopoly "
Q: Which one of the following is not an instrument of credit control in India?
1402 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: The Financial Sector Appraisal Committee (CFSA) constituted by the Reserve Bank of India has also recommended some reforms in which of the following laws existing in India?
1395 061b7638b7a5b3510e9c63a1a
61b7638b7a5b3510e9c63a1a- 1Taxation Lawfalse
- 2Commercial lawfalse
- 3Banking Regulation Lawtrue
- 4Property lawfalse
- 5All of the abovefalse
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Answer : 3. "Banking Regulation Law"
Q: When was the first Savings Bank established in Hamburg?
1390 061b334688b0b930f5301d8c1
61b334688b0b930f5301d8c1- 11760false
- 21765true
- 31770false
- 41775false
- 5None of thesefalse
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Answer : 2. "1765"
Q: Practiced in times of inflation
1389 061b32c91bcb1f45db0a6a7ef
61b32c91bcb1f45db0a6a7ef- 1Pump Priming Policyfalse
- 2Positive Compensatory Expenditure Policyfalse
- 3Negative Compensatory Expenditure Policytrue
- 4Both 2 and 3false
- 5Both 1 and 3false
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Answer : 3. "Negative Compensatory Expenditure Policy"
Q: Which of the following country is the largest lender of America?
1387 061b7652f7a5b3510e9c63fc5
61b7652f7a5b3510e9c63fc5- 1Britainfalse
- 2Japanfalse
- 3Chinatrue
- 4Brazilfalse
- 5Indiafalse
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Answer : 3. "China"
Q: Mutual Funds are required to be registered with :
1382 05fc7511d0cb33424ae8b53b6
5fc7511d0cb33424ae8b53b6- 1AMFIfalse
- 2SEBItrue
- 3IBAfalse
- 4RBIfalse
- 5FCATfalse
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Answer : 2. "SEBI"
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