Account and Finance Practice Question and Answer
8 4 Q:
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Q: Which organisation/ministry is the nodal agency to provide licenses to e-commerce companies?
3044 05e7837ba7c405e4e8939f0d6
5e7837ba7c405e4e8939f0d6- 1Finance Ministryfalse
- 2Corporate Ministryfalse
- 3Reserve Bank of India(RBI)false
- 4Department of Industrial Policy and Promotion (DIPP)true
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Answer : 4. "Department of Industrial Policy and Promotion (DIPP)"
Q: On which rate base, overnight money is needed by bank from RBI?
2959 05e785329f012602a3def1bed
5e785329f012602a3def1bed- 1MSFtrue
- 2Repo ratefalse
- 3Reverse repofalse
- 4Bank ratefalse
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Answer : 1. "MSF"
Q: What is the full form of EFT?
2958 05e785e94bd40023a1fd3d340
5e785e94bd40023a1fd3d340- 1Electronic Funds Transfertrue
- 2Efficient Funds Transferfalse
- 3Effective Funds Transferfalse
- 4Electronic Foreign Transferfalse
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Answer : 1. "Electronic Funds Transfer"
Q: Mutual Funds investments can be effectively canvassed among
2828 05da43a117919e54a8e3d57de
5da43a117919e54a8e3d57de- 1Only Salaried personsfalse
- 2Students availing education loansfalse
- 3HNI customerstrue
- 4sunrise industriesfalse
- 5poor farmersfalse
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Answer : 3. "HNI customers"
Q: When was ICICI bank founded?
2823 05e69c0ec0b8b1e6afc20769b
5e69c0ec0b8b1e6afc20769b- 11991false
- 21992false
- 31993false
- 41994true
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Answer : 4. "1994"
Q: In which year ‘Hilton Young Commission’ recommends the establishment of a central bank?
2817 05eafc6464c5c6a1e28cd34cb
5eafc6464c5c6a1e28cd34cb- 11921false
- 21926true
- 31931false
- 41934false
- 51935false
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Answer : 2. "1926 "
Q: Oudh Commercial Bank was founded in the year
2785 05eafc5a38d1f47273b1c3f6b
5eafc5a38d1f47273b1c3f6b- 11881true
- 21865false
- 31894false
- 41806false
- 51895false
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Answer : 1. "1881 "
Q: Product design is a function of
2770 05da43b08d69109270473cfa2
5da43b08d69109270473cfa2- 1Front office stafffalse
- 2back office stafffalse
- 3managementfalse
- 4marketing and research teamtrue
- 5loan sectionfalse
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Answer : 4. "marketing and research team"
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