Account and Finance Practice Question and Answer

Q:

Which Organisation/Government is the administrator of Financial Inclusion Fund (FIF)?

1706 0

  • 1
    Reserve Bank of India(RBI)
    Correct
    Wrong
  • 2
    NABARD
    Correct
    Wrong
  • 3
    Union Government of India
    Correct
    Wrong
  • 4
    Particular Government of the related State
    Correct
    Wrong
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Answer : 3. "Union Government of India"

Q:

National Development Council was constituted in ____________.

1698 0

  • 1
    2 August, 1952
    Correct
    Wrong
  • 2
    6 August, 1952
    Correct
    Wrong
  • 3
    8 August, 1952
    Correct
    Wrong
  • 4
    12 August, 1952
    Correct
    Wrong
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Answer : 2. "6 August, 1952"

Q:

Directorate General of Foreign Trade (DGFT) has put imports of gold dore in restricted category. Gold dore is an alloy of - 

1669 0

  • 1
    Gold and copper
    Correct
    Wrong
  • 2
    Gold and platinum
    Correct
    Wrong
  • 3
    Gold, silver and copper
    Correct
    Wrong
  • 4
    Gold and mercury
    Correct
    Wrong
  • 5
    Gold and silver
    Correct
    Wrong
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Answer : 5. "Gold and silver"

Q:

NREGA was renamed with the name of

1668 0

  • 1
    Indira Gandhi
    Correct
    Wrong
  • 2
    Rajiv Gandhi
    Correct
    Wrong
  • 3
    Mahatma Gandhi
    Correct
    Wrong
  • 4
    Sonia Gandhi
    Correct
    Wrong
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Answer : 3. "Mahatma Gandhi"

Q:

The situation with increasing unemployment and inflation is termed as: 

1637 0

  • 1
    Deflation
    Correct
    Wrong
  • 2
    Galloping inflation
    Correct
    Wrong
  • 3
    Hyper inflation
    Correct
    Wrong
  • 4
    Stagflation
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 4. "Stagflation"

Q:

Which bank was the first to deploy 'Talking ATMs' for differently abled person?

1634 0

  • 1
    Union Bank of India
    Correct
    Wrong
  • 2
    United Bank of India
    Correct
    Wrong
  • 3
    State Bank of India
    Correct
    Wrong
  • 4
    Punjab National Bank
    Correct
    Wrong
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Answer : 1. "Union Bank of India"

Q:

At Present the FDI limit in insurance sector is

1632 0

  • 1
    39 %
    Correct
    Wrong
  • 2
    49 %
    Correct
    Wrong
  • 3
    59 %
    Correct
    Wrong
  • 4
    69 %
    Correct
    Wrong
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Answer : 2. "49 %"

Q:

Which of the following include the primary structure of the Mutual Funds? 

1624 0

  • 1
    Open-end funds
    Correct
    Wrong
  • 2
    Unit Investment Trusts
    Correct
    Wrong
  • 3
    Exchange traded Funds
    Correct
    Wrong
  • 4
    All of the Above
    Correct
    Wrong
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Answer : 4. "All of the Above"

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