Practice Finance Questions and Answers

• 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?
• 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?
• Which of the following identifies as a Foreign exchange transaction?
• When RBI raises the Cash reserve Ratio rate what action are the banks required to take?
• Bank rate as fixed by RBI means -
• What is the minimum denomination of the treasury bills issued by the government?
• Which among the following cannot issue Commercial Papers to raise funds from the market?
• What should be the minimum duration for which a certificate of deposit can be issued?
• Which among the following can be considered as a part of the Secondary Market?
• Green Bonds in India are regulated by which among the following?
• 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 Indian economy, ‘Open Market Operations’ refers to:
• 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?
• 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?
• What is the turnover limit for a 'Small Enterprise' as per the revised MSME classification?