Account and Finance Practice Question and Answer
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Q: Who regulates the Mutual Funds in India?
2537 05e785c4cf012602a3def3370
5e785c4cf012602a3def3370- 1FRBIfalse
- 2SEBItrue
- 3SIDBIfalse
- 4RBIfalse
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Answer : 2. "SEBI"
Q: Which among the following statements is not true about the Banking Ombudsman (BO)?
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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: Name the micro finance company that becomes the first to start operation as a commercial bank?
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5e785d187c405e4e893a5684- 1PayTm Bankfalse
- 2Vodafone m-Pesa Bankfalse
- 3Yes Bankfalse
- 4Bandhan Banktrue
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Answer : 4. "Bandhan Bank"
Q: What is the full form of CRR?
2470 05e785e2ee8e6613a385d728d
5e785e2ee8e6613a385d728d- 1Cash Reserve Ratefalse
- 2Cash Reserve Ratiotrue
- 3Cash Recession Ratiofalse
- 4Core Reserve Ratefalse
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Answer : 2. "Cash Reserve Ratio"
Q: Which of the following is true about merchant bank?
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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: Name the first bank in India to introduce biodegradable cards.
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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 among the following banks form the “Imperial Bank of India” in 1921
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5da42fa3d69109270473c179- 1Bank of Bombayfalse
- 2Bank of Madrasfalse
- 3Bank of Bengalfalse
- 4All of the Abovetrue
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Answer : 4. "All of the Above"
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