Account and Finance Practice Question and Answer
8 Q: The Government of India had started the insurance scheme for the agriculture sector. Which of the following is the name of this scheme?
691 061b763407fd9195ddf2d84d0
61b763407fd9195ddf2d84d0- 1NAIStrue
- 2RIDFfalse
- 3AICILfalse
- 4CACPfalse
- 5None of thesefalse
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Answer : 1. "NAIS"
Q: Teaser Rates are related to which of the following types of loans?
681 061d849d00499556d96bac49b
61d849d00499556d96bac49b- 1Home Loanstrue
- 2Personal Loansfalse
- 3Auto Loansfalse
- 4Reverse Mortgage Loansfalse
- 5Crop Loansfalse
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Answer : 1. "Home Loans "
Q: Which commission in India in 1926 AD. Explaining the need for reforms in the prevailing monetary and credit system, suggested the establishment of a central bank?
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61b761137fd9195ddf2d7d3a- 1Butler Commissionfalse
- 2Simon Commissionfalse
- 3Hilton Young Commissiontrue
- 4Jonathan Commissionfalse
- 5None of thesefalse
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Answer : 3. "Hilton Young Commission"
Q: IMF and World Bank are considered as such institutions
668 061b74fb1993630653cf48536
61b74fb1993630653cf48536- 1Which strengthens international economic cooperation and helps in building a more stable and prosperous global economyfalse
- 2IMF promotes international monetary cooperation.false
- 3The World Bank promotes long-term economic growth and supports poverty reductionfalse
- 4All of the abovetrue
- 5None of the abovefalse
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Answer : 4. "All of the above"
Q: Goods whose demand is proportional to price are called
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62cd647031b6d201552ccc54- 1normal goodsfalse
- 2exclusive goodsfalse
- 3inferior goodsfalse
- 4Veblen goodstrue
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Answer : 4. "Veblen goods"
Q: In the banking world, when the loan given by the bank to any person or organization is not returned by the borrower, knowingly or for any other reason, then it is called.
(A) Standard Asset
(B) Non-Junk Asset
(C) Overdraft
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61b764b6993630653cf4ee77- 1only ( A )false
- 2only ( B )true
- 3only ( C )false
- 4Only (A) and (B) bothfalse
- 5none of thesefalse
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Answer : 2. "only ( B )"
Q: Which of the following is not correctly matched?
Bank Nationalization year
663 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: Which of the following agencies / bodies has asked all foreign funds to register themselves as Foreign Institutional Investors (Flls) before making any investment in India?
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61b762d97a5b3510e9c636ed- 1RBIfalse
- 2SEBItrue
- 3IBAfalse
- 4Registrar of Companiesfalse
- 5None of thesefalse
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