Account and Finance Practice Question and Answer
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Q: Practiced in times of inflation
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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: Bank overdraft limit for Account holders of PMJDY increased to?
1215 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: Which of the following is NOT a Govt-sponsored organization?
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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: Which is the first bank started entirely with Indian capital?
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61b750227a5b3510e9c5e540- 1Bank of Indiafalse
- 2Punjab National Banktrue
- 3Bank of Barodafalse
- 4Bank of Maharashtrafalse
- 5None of thesefalse
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Answer : 2. "Punjab National Bank"
Q: ESIC Works under which of the following ministry?
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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: ____________ is the official minimum rate at which the Central Bank of a country re-discounts the approved bills, held by commercial banks.
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610a536ba064c176185ea0d1- 1Prime Lending Ratefalse
- 2Reverse Repo Ratefalse
- 3Repo Ratefalse
- 4Bank ratetrue
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Answer : 4. "Bank rate"
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?
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61b3342345c0db34860dc201- 11920true
- 21925false
- 31935false
- 41940false
- 5None of thesefalse
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Answer : 1. "1920"
Q: RBI absorbs liquidity in the system through :
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5fc750b7d0af4c56f5e70e52- 1Repofalse
- 2Reverse Repotrue
- 3Both A and Bfalse
- 4Either A or Bfalse
- 5None of thesefalse
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Answer : 2. "Reverse Repo"
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