Finance Quiz test

Finance Quiz test

University

15 Qs

quiz-placeholder

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Finance Quiz test

Finance Quiz test

Assessment

Quiz

Science

University

Medium

Created by

Usha 2051

Used 3+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is an example of a short-term loan in agriculture?
Loan for purchasing tractors
Crop production loan
Loan for building irrigation wells
Loan for land purchase

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The repayment period of medium-term loans is generally:
Up to 15 years
2 to 5 years
6 Months
More than 15 years

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Loans for purchasing heavy machinery like harvesters fall under:
Short-term loans
Medium-term loans
Long -term Loans
Consumption Loans

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which classification of loans is based on the purpose of borrowing?
Productive and unproductive loans
Secured and unsecured loans
Term loans
Personal loans

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

In which year were 14 major commercial banks nationalised in India?
1965
1969
1975
1980

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The main objective of nationalising banks in India was to:
Increase foreign trade
Promote Private sector Bank
Spread banking to rural areas and priority sectors
Reduce agricultural lending

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Farm credit analysis is mainly done to:
Assess the repayment capacity of the farmer
Increase government subsidies
Fix the crop prices
Calculate interest rates

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