Account and Finance Practice Question and Answer

Q:

Which is the first bank started entirely with Indian capital?

1250 0

  • 1
    Bank of India
    Correct
    Wrong
  • 2
    Punjab National Bank
    Correct
    Wrong
  • 3
    Bank of Baroda
    Correct
    Wrong
  • 4
    Bank of Maharashtra
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Punjab National Bank"

Q:

RBI absorbs liquidity in the system through :

1247 0

  • 1
    Repo
    Correct
    Wrong
  • 2
    Reverse Repo
    Correct
    Wrong
  • 3
    Both A and B
    Correct
    Wrong
  • 4
    Either A or B
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Reverse Repo"

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?

1242 0

  • 1
    1920
    Correct
    Wrong
  • 2
    1925
    Correct
    Wrong
  • 3
    1935
    Correct
    Wrong
  • 4
    1940
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "1920"

Q:

Uber has launched a business-to-business model called ______?

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  • 1
    "Uber for Business "
    Correct
    Wrong
  • 2
    “Business for Uber”
    Correct
    Wrong
  • 3
    “Uber Business”
    Correct
    Wrong
  • 4
    “Business Uber”
    Correct
    Wrong
  • 5
    None of the above
    Correct
    Wrong
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Answer : 1. ""Uber for Business ""

Q:

Which bank has launched a ‘SIM Binding’ feature in its digital banking platforms to protect customers from various frauds?

1240 0

  • 1
    Union Bank of India
    Correct
    Wrong
  • 2
    HDFC Bank
    Correct
    Wrong
  • 3
    Yes Bank
    Correct
    Wrong
  • 4
    ICICI Bank
    Correct
    Wrong
  • 5
    State Bank of India
    Correct
    Wrong
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Answer : 5. "State Bank of India"

Q:

Who was the first Governor of Reserve Bank of India?

1238 0

  • 1
    Sir Osworn A. smith
    Correct
    Wrong
  • 2
    Sir James B. Tailor
    Correct
    Wrong
  • 3
    Sir C.D. Deshmukh
    Correct
    Wrong
  • 4
    Sir V.R. Rao
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "Sir Osworn A. smith"

Q:

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

1228 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:

Which method comes under qualitative control?

1224 0

  • 1
    Open Market Activities
    Correct
    Wrong
  • 2
    Direct action
    Correct
    Wrong
  • 3
    Publicity
    Correct
    Wrong
  • 4
    Moral persuasion
    Correct
    Wrong
  • 5
    2,3 and 4
    Correct
    Wrong
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Answer : 1. "Open Market Activities"

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