Account and Finance Practice Question and Answer
8 Q: Which of the following is not correctly matched?
Bank Nationalization year
1131 061b74e9a8fe2311103b0167e
61b74e9a8fe2311103b0167e- 1State Bank of Indore -1959false
- 2Allahabad Bank 1959true
- 3Andhra Bank -1980false
- 4Bank of Baroda -1969false
- 5None of the abovefalse
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Answer : 2. "Allahabad Bank 1959"
Q: ___________ of a bank is the ratio of deposits in current and saving accounts to total deposits.
1127 062d67451313eb40eb87339ce
62d67451313eb40eb87339ce- 1RASA ratiofalse
- 2FARA ratiofalse
- 3SADA ratiofalse
- 4NASA ratiofalse
- 5CASA ratiotrue
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Answer : 5. "CASA ratio"
Q: The Government of India had started the insurance scheme for the agriculture sector. Which of the following is the name of this scheme?
1113 061b763407fd9195ddf2d84d0
61b763407fd9195ddf2d84d0- 1NAIStrue
- 2RIDFfalse
- 3AICILfalse
- 4CACPfalse
- 5None of thesefalse
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Answer : 1. "NAIS"
Q: Inflation in India is measured on which of the following index?
1101 061b7625e993630653cf4e5e7
61b7625e993630653cf4e5e7- 1Living Expenditure Index ( COLI )false
- 2Consumer Price Index ( CPI )false
- 3Gross Domestic Productfalse
- 4Wholesale Price Index ( WPI )true
- 5None of thesefalse
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Answer : 4. "Wholesale Price Index ( WPI )"
Q: Normally a bank does not have to deal with __________ related issues of the following.
1086 061b764257fd9195ddf2d9383
61b764257fd9195ddf2d9383- 1Payment and Settlement Systemfalse
- 2Contractual rights of creditorsfalse
- 3Intellectual Property Rightstrue
- 4Bankruptcy casesfalse
- 5Coordination among regulators operating in the banking financial sectorsfalse
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Answer : 3. "Intellectual Property Rights"
Q: An effective way to control inflationary pressures is
1081 061b32f568b0b930f5301ceb2
61b32f568b0b930f5301ceb2- 1increase in taxationfalse
- 2reduction in government expenditurefalse
- 3Increase in public lifefalse
- 4Increase in Repo Ratefalse
- 5All thesetrue
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Answer : 5. "All these"
Q: Which of the following was the first mutual fund listed on the new mutual fund platform launched on the National Stock Exchange?
1079 061b7609c993630653cf4e56e
61b7609c993630653cf4e56e- 1UTI Mutual Fundtrue
- 2SBI Mutual Fundfalse
- 3LIC Mutual Fundfalse
- 4Bank of Baroda Mutual Fundfalse
- 5None of the abovefalse
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Answer : 1. "UTI Mutual Fund"
Q: Match the characteristics with their market structure:
(a) Price > MC in both short and long run
(b) Faces highly elastic demand
1074 062de6fc9dc73b0303fb4f418
62de6fc9dc73b0303fb4f418- 1(a) Monopolistic competition, (b) Pure competitionfalse
- 2(a) Pure Monopoly, (b) Monopolistic competitiontrue
- 3(a) Pure competition, (b) Monopolistic competitionfalse
- 4(a) Oligopoly, (b) Pure competitionfalse
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