Finance: Solved 180 Finance Questions and answers section with explanation for various online exam preparation, various interviews, Logical Reasoning Category online test. Category Questions section with detailed description, explanation will help you to master the topic.

Finance Questions

41. Whenever RBI does some Open Market Operation Transactions, actually it wishes to regulate which of the following?




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Correct Ans:Inflation only
Explanation:


42. According to the Assocham reports, which among the following states has topped in the country in terms of growth in the industry and service sectors in the last ten years?




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Correct Ans:Uttarakhand
Explanation:


43. Under Sagarmala project, the government has decided to set up two mega food parks at a cost of Rs 324 crore in which of the following states of India?




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Correct Ans:Andhra Pradesh & Maharashtra
Explanation:


44. According to a report by New World Wealth, India has figured among the top 10 wealthiest countries in the world with a total individual wealth of $5,600 billion. What is the rank of India in the list?




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Correct Ans:7th
Explanation:


45. Recently, RBI announced interest subvention scheme for Women Self-Help Groups. According to the scheme, all women self-help groups (SHGs) will be eligible for interest subvention on credit up to three lakh rupees at _____ per annum.




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Correct Ans:7%
Explanation:


46. What is the rank of India in 2016 World Risk Index?




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Correct Ans:77
Explanation:


47. Cheque Truncation is the process of stopping the flow of the physical cheque issued by a drawer at some point by the presenting bank en-route to the paying bank branch. What type of instruments can be presented for clearing through CTS?




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Correct Ans:Instruments complying with CTS-2010 standards
Explanation:


48. ATMs set up, owned and operated by non-banks are called White Label ATMs. Non-bank ATM operators are authorized under _____ by Reserve Bank of India.




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Correct Ans:Payment & Settlement Systems Act, 2007
Explanation:


49. Who is the sole authority for issue of currency in India?




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Correct Ans:RBI
Explanation:


50. Which of the following is NOT a money market instrument?




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Correct Ans:Debentures
Explanation:


51. The difference between the outflow and inflow of foreign currency is known as _______________.




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Correct Ans:Current Account Deficit
Explanation:


52. The securities and Exchange Board of India (SEBI) was established in the year___.




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Correct Ans:1988
Explanation:


53. In context of banking, what does 'BBB' stands for__?




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Correct Ans:Bank Board Bureau
Explanation:


54. If a cheque is post dated, the bank on which it is drawn




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Correct Ans:Will not honour the cheque before the data of the cheque
Explanation:


55. NEFT and RTGS in banking terminology speak of




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Correct Ans:Electronic fund transfer from bank to bank
Explanation:


56. What does the letter R denote in the abbreviation 'BR Act' which controls banking activities in the country?




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Correct Ans:Regulation
Explanation:


57. Cibil Transunion score ranges from ___________to




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Correct Ans:300,900
Explanation:


58. The mobile wallet app “Buddy” launched by which bank recently?




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Correct Ans:SBI
Explanation:


59. Recently, Government has cut interest rates by _____on short-term post office deposits, Kisan Vikas Patras and other small saving schemes below five years of maturity.




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Correct Ans:0.25%
Explanation:


60. Which of the following issues Commercial Paper?




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Correct Ans:Corporates
Explanation:



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