Account and Finance Practice Question and Answer
8 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
903 061b764b6993630653cf4ee77
61b764b6993630653cf4ee77- 1only ( A )false
- 2only ( B )true
- 3only ( C )false
- 4Only (A) and (B) bothfalse
- 5none of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "only ( B )"
Q: Which one of the following is not a method of measurement of National Income?
881 06512a5dfea7f40961eb10778
6512a5dfea7f40961eb10778- 1Value Added Methodfalse
- 2Income Methodfalse
- 3Investment Methodtrue
- 4Expenditure Methodfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Investment Method "
Explanation :
There are only three methods are using for calculating of national income i.e., value added method, income method and expenditure method.
Q: Form of public expenditure
872 061b32c1c8b0b930f5301c652
61b32c1c8b0b930f5301c652- 1Reconnaissance Expensesfalse
- 2Compensatory expenditurefalse
- 3Personal expenditurefalse
- 4Both 1 and 2true
- 5All thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "Both 1 and 2"
Q: Teaser Rates are related to which of the following types of loans?
867 061d849d00499556d96bac49b
61d849d00499556d96bac49b- 1Home Loanstrue
- 2Personal Loansfalse
- 3Auto Loansfalse
- 4Reverse Mortgage Loansfalse
- 5Crop Loansfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
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?
848 061b761137fd9195ddf2d7d3a
61b761137fd9195ddf2d7d3a- 1Butler Commissionfalse
- 2Simon Commissionfalse
- 3Hilton Young Commissiontrue
- 4Jonathan Commissionfalse
- 5None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Hilton Young Commission"
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?
839 061b762d97a5b3510e9c636ed
61b762d97a5b3510e9c636ed- 1RBIfalse
- 2SEBItrue
- 3IBAfalse
- 4Registrar of Companiesfalse
- 5None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "SEBI"
Q: Which of the following terms is used in Banking?
831 061d8491e498f632d55001b81
61d8491e498f632d55001b81- 1Epicentrefalse
- 2Pascal’s Lawfalse
- 3Currencytrue
- 4Centre of Gravityfalse
- 5Latitudefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Currency"
Q: The availability of cash and other marketable instruments like cash, which are useful for purchase and investment, is generally called.
787 061b761a77a5b3510e9c6341e
61b761a77a5b3510e9c6341e- 1Cash Crunchfalse
- 2Liquidityfalse
- 3Credittrue
- 4Marketabilityfalse
- 5None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice