Account and Finance Practice Question and Answer
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Q: Asset Reconstruction Companies are regulated by-
2180 05ea27d414401a11507e55e4a
5ea27d414401a11507e55e4a- 1SEBIfalse
- 2RBItrue
- 3GOIfalse
- 4FCIfalse
- 5IDBIfalse
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Answer : 2. "RBI "
Q: What is the present number of Local Area Banks in India?
2166 05e7852d6bd40023a1fd3b460
5e7852d6bd40023a1fd3b460- 13false
- 24false
- 35false
- 46true
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Answer : 4. "6"
Q: NREGA was renamed with the name of
2163 05da432085225a412f5165b1e
5da432085225a412f5165b1e- 1Indira Gandhifalse
- 2Rajiv Gandhifalse
- 3Mahatma Gandhitrue
- 4Sonia Gandhifalse
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Answer : 3. "Mahatma Gandhi"
Q: In which country Private sector lender ICICI Bank has opened a full-service branch?
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5da438817919e54a8e3d534e- 1South Africatrue
- 2Canadafalse
- 3Americafalse
- 4Chinafalse
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Answer : 1. "South Africa"
Q: The situation with increasing unemployment and inflation is termed as:
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5e99ad7b1dda1f42d77fc833- 1Deflationfalse
- 2Galloping inflationfalse
- 3Hyper inflationfalse
- 4Stagflationtrue
- 5None of thesefalse
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Answer : 4. "Stagflation"
Q: First Bank established in India was
2150 05da42f1afac0ed7fa90c5166
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: MSME is defined under which act?
2131 05e69c2c70b8b1e6afc207a84
5e69c2c70b8b1e6afc207a84- 1MSMED Act, 2006true
- 2MSME Act, 2001false
- 3MSMED Act, 1999false
- 4MSME Act, 2004false
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Answer : 1. "MSMED Act, 2006 "
Q: Banking companies act passed in:
2128 05da432b8fac0ed7fa90c57a4
5da432b8fac0ed7fa90c57a4- 11939false
- 21949true
- 31959false
- 41969false
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Answer : 2. "1949"
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