Account and Finance Questions Practice Question and Answer

Q:

Electronic Fund Transfer scheme of RBI has been renamed as :

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  • 1
    Clearing
    Correct
    Wrong
  • 2
    Core Banking Solutions
    Correct
    Wrong
  • 3
    Real Time Gross Settlement
    Correct
    Wrong
  • 4
    National Electronic Fund Transfer
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 4. "National Electronic Fund Transfer"

Q:

Who has given the concept that 'Bad Money drives Good Money out of circulation? 

687 0

  • 1
    Robert Giffen
    Correct
    Wrong
  • 2
    Thomas Gresham
    Correct
    Wrong
  • 3
    J. R. Hicks
    Correct
    Wrong
  • 4
    W.J. Baumol
    Correct
    Wrong
  • 5
    Alfred Marshall
    Correct
    Wrong
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Answer : 2. "Thomas Gresham"

Q:

What is the minimum paid-up equity capital for small finance banks?

673 0

  • 1
    Rs 10 crore
    Correct
    Wrong
  • 2
    Rs 500 crore
    Correct
    Wrong
  • 3
    Rs 100 crore
    Correct
    Wrong
  • 4
    Rs 200 crore
    Correct
    Wrong
  • 5
    Rs 1000 crore
    Correct
    Wrong
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Answer : 3. "Rs 100 crore"

Q:

Where has opened the World's first IAEA Low Enriched Uranium (LEU) Bank ? 

669 0

  • 1
    Afghanistan
    Correct
    Wrong
  • 2
    Kazakhstan
    Correct
    Wrong
  • 3
    Turkmenistan
    Correct
    Wrong
  • 4
    Uzbekistan
    Correct
    Wrong
  • 5
    Iran
    Correct
    Wrong
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Answer : 2. "Kazakhstan "

Q:

Which among the following is recently declared as first economic fugitive of India?

666 0

  • 1
    Lalit Modi
    Correct
    Wrong
  • 2
    Nirav Modi
    Correct
    Wrong
  • 3
    Vijay Mallya
    Correct
    Wrong
  • 4
    Mehul choksi
    Correct
    Wrong
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Answer : 3. "Vijay Mallya "

Q:

Which bank has tied up with Mumbai Metro to launch ‘One Mumbai Metro Card’ powered by Mastercard, to ensure contactless and cashless travel for Mumbaikars?

664 0

  • 1
    HDFC Bank
    Correct
    Wrong
  • 2
    IndusInd Bank
    Correct
    Wrong
  • 3
    Axis Bank
    Correct
    Wrong
  • 4
    Yes Bank
    Correct
    Wrong
  • 5
    ICICI Bank
    Correct
    Wrong
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Answer : 3. "Axis Bank"

Q:

Among the following international currencies which one is NOT included in the SDR basket of IMF? 

660 0

  • 1
    Australian Dollar
    Correct
    Wrong
  • 2
    Euro
    Correct
    Wrong
  • 3
    Renminbi
    Correct
    Wrong
  • 4
    Yen
    Correct
    Wrong
  • 5
    Pound Sterling
    Correct
    Wrong
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Answer : 1. "Australian Dollar "

Q:

RBI directed banks to provide doorstep banking facilities to- 

658 0

  • 1
    Poor women
    Correct
    Wrong
  • 2
    Citizens above 50 years of age
    Correct
    Wrong
  • 3
    Children below 15 years of age
    Correct
    Wrong
  • 4
    Scheduled tribe persons
    Correct
    Wrong
  • 5
    Differently abled persons
    Correct
    Wrong
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Answer : 5. "Differently abled persons "

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