Account and Finance Practice Question and Answer
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Q: Who has been given the power under the Banking Regulation Act 1949 to grant license to banks?
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5e69bf8fee03046acc56471c- 1RBItrue
- 2State Governmentfalse
- 3Central Governmentfalse
- 4All of the abovefalse
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Answer : 1. "RBI "
Q: ‘Open Market Operations’ is related to which of the following organisation?
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5e783ca0f012602a3deee6b9- 1Reserve Bank of Indiatrue
- 2SEBIfalse
- 3Department of Investment and Public Asset Management(DIPAM)/false
- 4None is Correctfalse
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Answer : 1. "Reserve Bank of India"
Q: First Bank established in India was
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5da42f1afac0ed7fa90c5166- 1Bank of Indiafalse
- 2Bank of Hindustantrue
- 3Bank of Bharatfalse
- 4Bank of Agrafalse
- 5None of thesefalse
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Answer : 2. "Bank of Hindustan"
Q: Headquarter of IRDAI is located at
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5da43024d69109270473c31e- 1Mumbaifalse
- 2Chennaifalse
- 3Ahmedabadfalse
- 4Hyderabadtrue
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Answer : 4. "Hyderabad"
Q: NREGA was renamed with the name of
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5da432085225a412f5165b1e- 1Indira Gandhifalse
- 2Rajiv Gandhifalse
- 3Mahatma Gandhitrue
- 4Sonia Gandhifalse
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Answer : 3. "Mahatma Gandhi"
Q: Mutual Funds investments can be effectively canvassed among
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5da43a117919e54a8e3d57de- 1Only Salaried personsfalse
- 2Students availing education loansfalse
- 3HNI customerstrue
- 4sunrise industriesfalse
- 5poor farmersfalse
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Answer : 3. "HNI customers"
Q: What Street Name is used to refer to the RBI?
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5e69bf07755e9d6ad85cec53- 1Reserve Streetfalse
- 2Credit Streetfalse
- 3Mint Streettrue
- 4None of the abovefalse
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Answer : 3. "Mint Street "
Q: What is 'B' stands for in "CIBIL"(related to credit ratings)?
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5e783dacbd40023a1fd372d0- 1Bureautrue
- 2Basefalse
- 3Bankfalse
- 4Benchmarkfalse
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Answer : 1. "Bureau"
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