Practice Finance Questions and Answers
- 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?
- What is the projected contribution of India’s digital economy to GDP by 2030?
- What is the theme for the International Day of Democracy 2025?
- Some of the goods purchased for trading are used for the construction of business premises. The account to be credited is:
- ‘Goods in transit’ sent from Head Office are shown in the balance sheet at –
- An amount of Rs. 500 received from a customer has been debited to his account. This error is classified as:
- Revaluation Account is a:
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