Accounts and Finance GK Questions /topics/account-and-finance 
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General knowledge is of special importance in competitive examinations, in which most of the questions related to account and finance are asked in the banking section. Nowadays there is a lot of competition in the job market, so in SSC, banking, railway, UPSC etc exams, you need to be well prepared to get success. Apart from this, sometimes questions related to GK are also asked by the officials in the final phase of the examination, so studying and practicing these questions is very important. Here this section will give you a list of basic questions on account and finance along with helping you in your preparation.
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Accounting is an evergreen profession, with a uniform demand for skilled accountants across different domains. It may be an excellent career option for those with a flair for numbers and spreadsheets. To grow in your career as an accountant, you'd have to have a solid understanding of the principles of finance, accountancy, and other related topics.
Rajesh Bhatia 3.1K Views
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4 Answer : 4
4 Answer : 4
4 Answer : 1
4 Answer : 4
5 Answer : 1
- 1The distribution of assetsfalse
- 2The distribution of incomefalse
- 3The distribution of factor paymentsfalse
- 4Equality in the distribution of the income and wealthtrue
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Answer : 4 Equality in the distribution of the income and wealth
Q:
The FRBMA was enacted in 2003, which set targets for the government to reduce fiscal deficits. What does FRBMA stand for?
287 0 63072d53e864816d0050c2bb- 1Fiscal Relations and Budget Maintenance Actfalse
- 2Financial Relations and Budget Management Actfalse
- 3Financial Responsibility and Budget Maintenance Actfalse
- 4Fiscal Responsibility and Budget Management Acttrue
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Answer : 4 Fiscal Responsibility and Budget Management Act
- 130true
- 240false
- 350false
- 460false
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Answer : 1 30
Q:
Match the characteristics with their market structure:
(a) Expand out put until MC = MR
(b) Elasticity of demand depends on pricing policies of rivals
312 0 62f3311739a8157d97fb7154- 1(a) Pure competition, (b) Pure Monopolyfalse
- 2(a) Pure Monopoly, (b) Monopolistic competitionfalse
- 3(a) Pure competition, (b) Oligopolyfalse
- 4(a) Monopolistic competition, (b) Oligopolytrue
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Answer : 4 (a) Monopolistic competition, (b) Oligopoly
Q:
Which of the following bank has launched a new product to provide a short-term working capital demand loan to its MSME clients?
251 0 62ecdac355c5be5841eb0fcc- 1SBItrue
- 2ICICIfalse
- 3Axis Bankfalse
- 4HDFC Bankfalse
- 5Yes Bankfalse
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