Account and Finance Practice Question and Answer

Q:

Bharti Airtel has partnered with which industry group for 'Made in India' 5G network solutions?

932 0

  • 1
    Bajaj Group
    Correct
    Wrong
  • 2
    Adani Group
    Correct
    Wrong
  • 3
    Tata Group
    Correct
    Wrong
  • 4
    Aditya Birla Group
    Correct
    Wrong
  • 5
    Mahindra Group
    Correct
    Wrong
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Answer : 3. "Tata Group"

Q:

In which market form, a market or industry is dominated by a few firms? 

929 0

  • 1
    Monopoly
    Correct
    Wrong
  • 2
    Oligopoly
    Correct
    Wrong
  • 3
    Perfect Competition
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
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Answer : 2. "Oligopoly "

Q:

Which of the following branch of the World Bank was formed in the year 1992 for quick financial action and innovation activities?

929 0

  • 1
    IFC
    Correct
    Wrong
  • 2
    IDF
    Correct
    Wrong
  • 3
    MIGA
    Correct
    Wrong
  • 4
    ICSID
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "IDF"

Q:

What is the upper limit of annual household income for microfinance borrowers in rural areas?

928 0

  • 1
    ₹1.5 lakh
    Correct
    Wrong
  • 2
    ₹1 lakh
    Correct
    Wrong
  • 3
    ₹1.25 lakh
    Correct
    Wrong
  • 4
    ₹2 lakh
    Correct
    Wrong
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Answer : 3. "₹1.25 lakh"

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 

924 0

  • 1
    (a) Pure competition, (b) Pure Monopoly
    Correct
    Wrong
  • 2
    (a) Pure Monopoly, (b) Monopolistic competition
    Correct
    Wrong
  • 3
    (a) Pure competition, (b) Oligopoly
    Correct
    Wrong
  • 4
    (a) Monopolistic competition, (b) Oligopoly
    Correct
    Wrong
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Answer : 4. "(a) Monopolistic competition, (b) Oligopoly"

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?

922 0

  • 1
    Taxation Law
    Correct
    Wrong
  • 2
    Commercial law
    Correct
    Wrong
  • 3
    Banking Regulation Law
    Correct
    Wrong
  • 4
    Property law
    Correct
    Wrong
  • 5
    All of the above
    Correct
    Wrong
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Answer : 3. "Banking Regulation Law"

Q:

Practiced in times of inflation

916 0

  • 1
    Pump Priming Policy
    Correct
    Wrong
  • 2
    Positive Compensatory Expenditure Policy
    Correct
    Wrong
  • 3
    Negative Compensatory Expenditure Policy
    Correct
    Wrong
  • 4
    Both 2 and 3
    Correct
    Wrong
  • 5
    Both 1 and 3
    Correct
    Wrong
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Answer : 3. "Negative Compensatory Expenditure Policy"

Q:

Which of the following documents is/are considered as officially valid document to satisfy KYC norms for opening a Bank account?
A. Passport
B. P A N
C. Aadhar number issued by Unique Identification Authority of India

913 0

  • 1
    Only (A)
    Correct
    Wrong
  • 2
    Only (B)
    Correct
    Wrong
  • 3
    Only (A) and (B)
    Correct
    Wrong
  • 4
    All (A), (B) and (C)
    Correct
    Wrong
  • 5
    Only (B) and (C)
    Correct
    Wrong
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Answer : 4. "All (A), (B) and (C) "

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