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Practice Finance Questions and Answers

All single payment transactions of Rs. ______ crore and above undertaken by entities (non-individuals) should include remitter and beneficiary LEI informat...
Which of the following is not one of the functions of Banks Board Bureau? I- providing assistance to Public Sector Banks to restructure their business str...
Which one of the following buckets, as per RBI, is the most important bucket wrt. D-SIBs?
Reserve Bank of India has cancelled the license of Independence Co-operative Bank Ltd. It is based at ________________.
Which of the following Statements about the DICGC is/are True? I- Deposit Insurance and Credit Guarantee Corporation (DICGC) is a wholly owned subsidiary ...
Which of the following days is known as ‘GST Day’?
The four-tier tax structure in the GST model contains four separate rates. Which is not one of them?
Goods and services tax (GST) collections hit an all-time high in April. What is the amount collected?
Which state has the highest contribution in the record GST collection in Apr 2022?
Goods and Services Tax in India is a tax based on which criteria?
Which of the following reports is not released by the World Economic Forum?
When RBI raises the Cash reserve Ratio rate what action are the banks required to take?
Which among the following is/are the area(s) of operation regarding which complaints can be received by the Banking Ombudsman?
At Your Wits’ End
Which type of accounting uses Generally Accepted Accounting Principles (GAAP) to ensure consistency and accuracy in reporting financial information?
_____ in accounting refers to the quality of financial information that can be easily comprehended by its intended users?
Cost or expenses must be recorded at the same time as the revenue to which they correspond is specified by which principle?
Sale of Rs.50,000 to ‘A’ was entered as a sale to ‘B’. This is an example of –
What is the primary purpose of a cashbook?
When the central bank (RBI) sells stocks and bonds in the market, the amount of money in the bank _______.
The Reserve Bank of India (RBI) acts as a bankers’ bank. This would imply which of the following? 1. Other banks retain their deposits with the RBI. 2. T...
In the context of Alternative Investment Funds, what does the term "locked-in period" refer to?
__________ is going to set up a branch office in the International Financial Services Centre, GIFT City, Gandhinagar, Gujarat that will enable the compan...
Terrestrial planets are composed of _________ .
In which market are funds typically transacted on an overnight basis?

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