Indian Financial System and Services MCQ PDF

PDF Name	Indian Financial System and Services MCQ
No. of Pages	35
PDF Size	0.59 MB
Language	English
PDF Category	Education & Jobs
Source / Credits	Multiple Sources
Uploaded By	Krishan

Indian Financial System and Services MCQ - Summary

Indian Financial System and Services MCQ PDF can be downloaded from the link provided at the bottom of this page. The Indian financial system plays a crucial role in enabling lenders and borrowers to exchange funds effectively. Governed by independent regulators in the areas of insurance, banking, capital markets, and various service sectors, this system ensures proper management of financial resources.

The Indian Financial System is one of the most important parts of our country’s economic development. It helps manage the flow of funds from the people (household savings) to those who can invest it wisely (investors or businessmen), benefiting both parties.

Understanding the Indian financial system is essential for various government exams conducted across the country. Aspirants should carefully read through this article to prepare themselves well.

Indian Financial System and Services MCQ

Test Your Knowledge with These Questions

1) ____________ allocates saving efficiently in an economy to ultimate users either for investment in real assets or for consumption.
a) Economic system
b) Banking system
c) Financial system
d) Market system

2) Which of the following is not a regulatory institution in the Indian financial system?
a) RBI
b) CIBIL
c) SEBI
d) IRDA

3) _____________ is regarded as the queen of the Indian financial system.
a) SEBI
b) RBI
c) Finance Ministry
d) BSE

4) The National Housing Bank is a fully owned subsidiary of___________.
a) HDFC
b) HSBC
c) RBI
d) HUDCO

5) Financial institutions are also known as ______________.
a) Financial organization
b) Financial intermediaries
c) Financial system
d) Any of the above

6) ____________ is the first development financial institution in India.
a) IDBI
b) ICICI
c) IFCI
d) RBI

7) IDBI was established in ____________.
a) 1948
b) 1954
c) 1992
d) 1964

8) ______________ is an apex institution to coordinate, supplement, and integrate the activities of all existing specialized financial institutions.
a) IFCI
b) IDBI
c) RBI
d) SEBI

9) Which of the following is not an asset held by Commercial Banks?
a) Bills of Exchange
b) Current Account Deposits
c) Money Lent at short Notice
d) Credit Balances with the Reserve Bank

10) Which of the following combinations is correct?
a) NABARD——–Industrial Loan
b) RBI—————Long term Finance
c) RRB—————Agriculture Finance
d) IDBI—————Short Term Loans

You can download the Indian Financial System and Services MCQ PDF using the link given below.

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