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

161. Who was the first governor of of the Reserve Bank of India (RBI)?




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Correct Ans:Osborne Smith
Explanation:


162. An asset is tagged as non performing when it ceases to generate income for the lender after how many days?




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Correct Ans:90
Explanation:


163. An Non-Resident Ordinary Rupee Account for non-resident Indians has a limit of ___.




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Correct Ans:$1 million
Explanation:


164. What is the type of cheque which is presented for payment after 3 months from the date of the cheque?




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Correct Ans:Stale Cheque
Explanation:


165. A loan to pay for a home, business or other real estate over a period of time is a _______.




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Correct Ans:Mortgage
Explanation:


166. Money Market is divided into how many types?




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Correct Ans:3
Explanation:


167. Which of the following is a type of bank account?




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Correct Ans:a,b and c
Explanation:


168. What is Special Drawing Right(SDR)?




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Correct Ans:is an interest-bearing international reserve asset created by the IMF in 1969 to supplement other reserve assets of member countries.
Explanation:


169. Slogan of Reserve Bank of India is _________.




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Correct Ans:India's central bank
Explanation:


170. Upper limit on investment in Kisan Vikas Patra (KVP) is ___




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Correct Ans:Rs. 25000
Explanation:


171. Indian Rupee has touched all-time lows in recent times. Which of the following holds true in view of falling rupee ?




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Correct Ans:Helps exports
Explanation:


172. What is the minimum public shareholding (MPS) mandated by SEBI for Private Companies and PSUs respectively ?




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Correct Ans:25% and 10%
Explanation:


173. Who is the current Finance Minister of India ?




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Correct Ans:Arun Jaitley
Explanation:


174. The minimum amount of investment under National Saving Certificate is ___________




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Correct Ans:Rs 100
Explanation:


175. Who was the father of accounting ?




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Correct Ans:Luca Pacioli
Explanation:


176. The method of Depreciation for Intangible Assets is known as _____________




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Correct Ans:Amortization
Explanation:


177. Which term is used for "Money which is used to purchase assets that will remain permanently in the business and help it to make a profit"?




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Correct Ans:Fixed Capital
Explanation:


178. Which of the following professions deals with Finance ?




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Correct Ans:Chartered Accountants
Explanation:


179. Which of the following statements does the term Finance incorporates ?




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Correct Ans:All of them
Explanation:


180. Which of the following concepts are referred by the field of Finance?




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Correct Ans:Time, Money and Risk and how they are interrelated
Explanation:



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