Account and Finance Practice Question and Answer

Q:

Banking companies act passed in:

1749 0

  • 1
    1939
    Correct
    Wrong
  • 2
    1949
    Correct
    Wrong
  • 3
    1959
    Correct
    Wrong
  • 4
    1969
    Correct
    Wrong
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Answer : 2. "1949"

Q:

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

1748 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:

NREGA was renamed with the name of

1726 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:

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

1715 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:

The situation with increasing unemployment and inflation is termed as: 

1686 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?

1675 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

1669 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:

What is the present number of Local Area Banks in India?

1666 0

  • 1
    3
    Correct
    Wrong
  • 2
    4
    Correct
    Wrong
  • 3
    5
    Correct
    Wrong
  • 4
    6
    Correct
    Wrong
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Answer : 4. "6"

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