Practice Finance Questions and Answers

• Open-market operations of Reserve Bank of India refer to?
• Which is the first bank to get ISO certificate?
• Which of the following is not the function of Payment bank?
• ALM is concerned with strategic balance sheet management involving all market risks. ‘M’ in ALM stands for____________.
• Where the signature of the drawer of a cheque is not genuine , such a cheque is called
• Banks are authorized to sell third party products. Which are these products?
• When RBI raises the Cash reserve Ratio rate what action are the banks required to take?
• Bank rate as fixed by RBI means -
• Which among the following cannot issue Commercial Papers to raise funds from the market?
• Which among the following can be considered as a part of the Secondary Market?
• Which among the following is/are the area(s) of operation regarding which complaints can be received by the Banking Ombudsman?
• What can be the maximum tenure of term deposits in India?
• Consider the following statements about Government Securities: I. The g-sec market is dominated by institutional investors such as banks, mutual funds, and...
• 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 _________ .
• As per the Currency and Finance report of the RBI's, which initiative by the RBI fosters FinTech innovation?
• 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 – 
• Revaluation Account is a:  
• What primary roles do NSDL and CCIL play in the Indian financial markets?
• Within how many days must a startup report the issuance of convertible notes to non-residents to the RBI?
• What is the settlement basis for financial instruments like Repo and T-bills in the Indian market?
• What is the minimum deposit size for non-scheduled Urban Cooperative Banks (UCBs) to be covered under the RBI Integrated Ombudsman Scheme (IOS)?
• Which country initiated a withdrawal from the World Health Organization (WHO) but later reversed it?
• Which Act primarily governs the incorporation and functioning of companies in India?
• What is the total outlay of the PM-DevINE scheme for the period 2022-23 to 2025-26?
• Which is a standard security feature on the ₹500 and ₹2000 (now withdrawn) banknotes?
• Who are the primary participants allowed on the RBI's NDS-OM platform for G-Sec trading?