Account and Finance Practice Question and Answer
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Q: Who regulates the Mutual Funds in India?
2663 05e785c4cf012602a3def3370
5e785c4cf012602a3def3370- 1FRBIfalse
- 2SEBItrue
- 3SIDBIfalse
- 4RBIfalse
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Answer : 2. "SEBI"
Q: Name the micro finance company that becomes the first to start operation as a commercial bank?
2653 05e785d187c405e4e893a5684
5e785d187c405e4e893a5684- 1PayTm Bankfalse
- 2Vodafone m-Pesa Bankfalse
- 3Yes Bankfalse
- 4Bandhan Banktrue
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Answer : 4. "Bandhan Bank"
Q: Which among the following statements is not true about the Banking Ombudsman (BO)?
2645 05e99ae12a617427daa9d2d81
5e99ae12a617427daa9d2d81- 1BO was first setup in UK.false
- 2He hears customers ' complaints against banksfalse
- 3Tenure of BO is 3 years at a time.false
- 4RBI started this scheme in 1995.true
- 5None of thesefalse
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Answer : 4. "RBI started this scheme in 1995. "
Q: What is the full form of CRR?
2631 05e785e2ee8e6613a385d728d
5e785e2ee8e6613a385d728d- 1Cash Reserve Ratefalse
- 2Cash Reserve Ratiotrue
- 3Cash Recession Ratiofalse
- 4Core Reserve Ratefalse
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Answer : 2. "Cash Reserve Ratio"
Q: Name the first bank in India to introduce biodegradable cards.
2545 05e97de961ef51c5f8d454321
5e97de961ef51c5f8d454321- 1Axis Banktrue
- 2HDFC Bankfalse
- 3Yes Bankfalse
- 4ICICI Bankfalse
- 5Laxmi Vilas Bankfalse
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Answer : 1. "Axis Bank"
Q: When was the Oriental Life Insurance Company established?
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5e785ca4e8e6613a385d6ad7- 11818true
- 21834false
- 31907false
- 41938false
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Answer : 1. "1818"
Q: Which of the following is true about merchant bank?
2504 05e69c51aee03046acc564fc3
5e69c51aee03046acc564fc3- 1Underwrites securities for corporationsfalse
- 2Advice clients on mergersfalse
- 3Involved in ownership of commercial venturesfalse
- 4All of the abovetrue
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Answer : 4. "All of the above"
Q: Which is India's first company to open with White Label ATMs?
2456 05e95668bff83fe34897f9356
5e95668bff83fe34897f9356- 1Airtel Finance Ltdfalse
- 2Muthoot Financefalse
- 3Vakrangee Ltd.false
- 4Hitachi money spotfalse
- 5Tata indicashtrue
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Answer : 5. "Tata indicash "
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