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

141. In which year was SEBI (the Securities and Exchange Board of India) established?




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Correct Ans:1988
Explanation:


142. A simultaneous purchase and sale of identical amounts of one currency for another with two different value dates (normally spot to forward) and, sometimes, utilizing foreign exchange derivatives is called _____.




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Correct Ans:Foreign exchange swap
Explanation:


143. Paytm has a tie-up with which company for its payments bank core software?




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Correct Ans:Infosys
Explanation:


144. Which one of the following is correct regarding the Note Issuing Authority of the Reserve Bank of India?




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Correct Ans:It has the sole authority/monopoly to issue currency notes other than one rupee notes (which are issued by Ministry of Finance).
Explanation:


145. Zero balance account is generally allowed to be opened for




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Correct Ans:Low Income Groups
Explanation:


146. Many times we read in newspapers that several companies have adopted the FCCBs route to raise capital. What is the full form of FCCBs?




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Correct Ans:Foreign Currency Convertible Bonds
Explanation:


147. “Doing Business Report” is prepared by which of the following organizations every year?




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Correct Ans:World Bank (WB)
Explanation:


148. Which of the following terms is used in the field of Banking/Finance?




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Correct Ans:Active Asset
Explanation:


149. Infusion of liquidity, by RBI, is done through _____ to banks under a _____ transaction.




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Correct Ans:lending, repo
Explanation:


150. If an authorized company which is not a non-banking financial company wants to collect public deposits, it is governed by ___ Act:




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Correct Ans:Companies Act 1956
Explanation:


151. Examine the following policies related to the financial sector:
A. Restrictive Trade Practices
B. Financial Deficit Management
C. Capital Account Convertibility
Which of the above policies is/are basically designed to transfer local financial assets into foreign financial assets freely and at market – determined exchange rates?




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Correct Ans:Only C
Explanation:


152. CIBIL as a credit bureau caters to:




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Correct Ans:Both commercial & consumer segments
Explanation:


153. Simply CLICK is a credit card was specially launched by SBI for ____.




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Correct Ans:Online Shopping
Explanation:


154. Who headed the Committee on Comprehensive Financial Services for Small Businesses and Low Income Households, that recommended the formation of Payments Bank?




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Correct Ans:Nachiket Mor
Explanation:


155. DCB Bank has launched India's first-of-its-kind Aadhaar-based Automatic Teller Machine (ATM) in the country. The headquarters of DCB bank is situated in ____.




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Correct Ans:Mumbai
Explanation:


156. Which of the following is a slogan of State Bank of India?




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Correct Ans:‘The Banker to Every India’
Explanation:


157. Which among the following is world's fastest stock exchange with a median trade speed of 6 microseconds?




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Correct Ans:Bombay Stock Exchange
Explanation:


158. Abbreviation NBFC stands for:




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Correct Ans:Non-Banking Financial Company
Explanation:


159. What is the rank of India among the world's Top-Ten largest manufacturing countries in the United Nations Industrial Development Organization (UNIDO) 2015 Yearbook report?




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Correct Ans:Sixth
Explanation:


160. Which state is called the 'Cradle of Banking' in India, as seven leading banks of India have originated from this state?




SHOW ANSWER
Correct Ans:Karnataka
Explanation:



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