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?
1292 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: Bank overdraft limit for Account holders of PMJDY increased to?
1274 05fc877235c47b65b5b267fb4
5fc877235c47b65b5b267fb4- 1Rs.15,000false
- 2Rs.20,000false
- 3Rs.10,000true
- 4Rs.5,000false
- 5Rs.25,000false
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Answer : 3. "Rs.10,000"
Q: ____________ is the official minimum rate at which the Central Bank of a country re-discounts the approved bills, held by commercial banks.
1271 0610a536ba064c176185ea0d1
610a536ba064c176185ea0d1- 1Prime Lending Ratefalse
- 2Reverse Repo Ratefalse
- 3Repo Ratefalse
- 4Bank ratetrue
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Answer : 4. "Bank rate"
Q: Which of the following is NOT a Govt-sponsored organization?
1266 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: ESIC Works under which of the following ministry?
1265 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: In which year, RBI was nationalized?
1264 062de83f7313eb40eb8a034bc
62de83f7313eb40eb8a034bc- 11939false
- 21949true
- 31959false
- 41969false
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Answer : 2. "1949"
Q: Which one of the following statements is true in contrast to the General Budget?
1258 061b75e407fd9195ddf2d774e
61b75e407fd9195ddf2d774e- 1It is first presented in the Upper House.false
- 2It is first introduced in the Lok Sabha.true
- 3It can be introduced in either House which is in immediate session.false
- 4It is presented in a joint session of Parliament.false
- 5None of thesefalse
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Answer : 2. "It is first introduced in the Lok Sabha."
Q: Which financial institution has launched new health insurance plan called Arogya Rakshak?
1256 06125e4f37c2fc04f2bea484f
6125e4f37c2fc04f2bea484f- 1IRDAIfalse
- 2SIDBIfalse
- 3SBIfalse
- 4SEBIfalse
- 5LICtrue
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