Account and Finance Practice Question and Answer

Q:

Which of the following abbreviations is not related to banking? 

2354 0

  • 1
    NEFT
    Correct
    Wrong
  • 2
    RTGS
    Correct
    Wrong
  • 3
    MICR
    Correct
    Wrong
  • 4
    BBPS
    Correct
    Wrong
  • 5
    EFTA
    Correct
    Wrong
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Answer : 5. "EFTA "

Q:

National Insurance Academy located in ________.

2347 0

  • 1
    Chennai
    Correct
    Wrong
  • 2
    Calcutta
    Correct
    Wrong
  • 3
    Pune
    Correct
    Wrong
  • 4
    Hyderabad
    Correct
    Wrong
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Answer : 3. "Pune"

Q:

The headquarters of AU Small Finance Bank is ______

2305 0

  • 1
    Hyderabad
    Correct
    Wrong
  • 2
    Chennai
    Correct
    Wrong
  • 3
    Jaipur
    Correct
    Wrong
  • 4
    Bengaluru
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 3. "Jaipur"

Q:

Which of the following countries has the largest Mutual Fund market in the World? 

2267 0

  • 1
    USA
    Correct
    Wrong
  • 2
    Japan
    Correct
    Wrong
  • 3
    China
    Correct
    Wrong
  • 4
    Brazil
    Correct
    Wrong
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Answer : 1. "USA"

Q:

Which among the following formulates the Fiscal policy in India?   

2214 0

  • 1
    RBI
    Correct
    Wrong
  • 2
    SEBI
    Correct
    Wrong
  • 3
    Ministry of Finance
    Correct
    Wrong
  • 4
    NITI Aayog
    Correct
    Wrong
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Answer : 3. "Ministry of Finance "

Q:

What was the initial share capital of Reserve Bank of India? 

2174 0

  • 1
    ₹ 3 cr.
    Correct
    Wrong
  • 2
    ₹ 1 cr.
    Correct
    Wrong
  • 3
    ₹ 5 cr.
    Correct
    Wrong
  • 4
    ₹ 10 cr.
    Correct
    Wrong
  • 5
    ₹ 50 cr.
    Correct
    Wrong
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Answer : 3. "₹ 5 cr. "

Q:

Which of the following acts regulates the underwriting process in India? 

2172 0

  • 1
    RBI Act 1934
    Correct
    Wrong
  • 2
    Securities and Exchanges Board of India (Underwriters) Regulations, 1993.
    Correct
    Wrong
  • 3
    Securities and Exchanges Board of India (Underwriters) Regulations, 2006.
    Correct
    Wrong
  • 4
    Both (B) and (C)
    Correct
    Wrong
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Answer : 4. "Both (B) and (C)"

Q:

Collateralised Borrowing and Lending Obligation (CBLO) is an instrument of- 

2166 0

  • 1
    Capital Market
    Correct
    Wrong
  • 2
    Commodity Market
    Correct
    Wrong
  • 3
    Futures Market
    Correct
    Wrong
  • 4
    Money Market
    Correct
    Wrong
  • 5
    Derivative Market
    Correct
    Wrong
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Answer : 4. "Money Market "

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