Account and Finance Questions Practice Question and Answer

Q:

The World Economic Outlook (WEO) is a survey conducted and published by-

552 0

  • 1
    WTO
    Correct
    Wrong
  • 2
    World Bank
    Correct
    Wrong
  • 3
    UNCTAD
    Correct
    Wrong
  • 4
    New Development Bank
    Correct
    Wrong
  • 5
    International Monetary Fund
    Correct
    Wrong
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Answer : 5. "International Monetary Fund "

Q:

Digital wallet company Paytm has launched 'Paytm Money' app for mutual fund investments. The Paytm Money platform will be offering systematic investment plans (SIPs), starting at how much rupees per month?

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  • 1
    Rs 300
    Correct
    Wrong
  • 2
    Rs 400
    Correct
    Wrong
  • 3
    Rs 200
    Correct
    Wrong
  • 4
    Rs 500
    Correct
    Wrong
  • 5
    Rs 100
    Correct
    Wrong
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Answer : 5. "Rs 100"

Q:

Accounts in which shares of various companies are traded in electronic form are called:

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  • 1
    Demat Accounts
    Correct
    Wrong
  • 2
    Revenue Accounts
    Correct
    Wrong
  • 3
    E- Accounts
    Correct
    Wrong
  • 4
    Saving accounts
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "Demat Accounts"

Q:

The Confederation of Real Estate Developers’ Associations of India (CREDAI) has signed a memorandum of understanding (MoU) with which payments bank to facilitate opening of bank accounts for construction workers?

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  • 1
    Jio Payments Bank
    Correct
    Wrong
  • 2
    Paytm Payments Bank
    Correct
    Wrong
  • 3
    Airtel Payments Bank
    Correct
    Wrong
  • 4
    India Post Payments Bank
    Correct
    Wrong
  • 5
    Fino Payments Bank
    Correct
    Wrong
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Answer : 4. "India Post Payments Bank"

Q:

Which among the following formulates the Fiscal policy in India?   

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  • 1
    RBI
    Correct
    Wrong
  • 2
    SEBI
    Correct
    Wrong
  • 3
    Ministry of Finance
    Correct
    Wrong
  • 4
    NITI Aayog
    Correct
    Wrong
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Answer : 3. "Ministry of Finance "

Q:

FCCB stands for:

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  • 1
    Finance and Currency Controller Board
    Correct
    Wrong
  • 2
    Foreign Currency Convertible Bond
    Correct
    Wrong
  • 3
    Foreign Collection for Cash Board
    Correct
    Wrong
  • 4
    Foreign Collection for Credit Board
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Foreign Currency Convertible Bond "

Q:

Bank overdraft limit for Account holders of PMJDY increased to?

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  • 1
    Rs.15,000
    Correct
    Wrong
  • 2
    Rs.20,000
    Correct
    Wrong
  • 3
    Rs.10,000
    Correct
    Wrong
  • 4
    Rs.5,000
    Correct
    Wrong
  • 5
    Rs.25,000
    Correct
    Wrong
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Answer : 3. "Rs.10,000"

Q:

Which one of the following is not an instrument of credit control in India? 

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  • 1
    Open Market operations
    Correct
    Wrong
  • 2
    Variable cost reserve ratios
    Correct
    Wrong
  • 3
    Rationing of credit
    Correct
    Wrong
  • 4
    Direct Action
    Correct
    Wrong
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Answer : 2. "Variable cost reserve ratios "

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