Indian Financial System and Services MCQ
Indian Financial System and Services MCQ PDF can be download from the link given at the bottom of this page. The financial system enables lenders and borrowers to exchange funds. India has a financial system that is controlled by independent regulators in the sectors of insurance, banking, capital markets and various services sectors.
The Indian Financial System is one of the most important aspects of the economic development of our country. This system manages the flow of funds between the people (household savings) of the country and the ones who may invest it wisely (investors/ businessmen) for the betterment of both the parties.
This is an important topic with respect to the various Government exams conducted in the country, and aspirants must carefully consider going through this article and prepare themselves accordingly.
Indian Financial System and Services MCQ
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 Indian financial system?
a) RBI
b) CIBIL
c) SEBI
d) IRDA
3) _____________ is regarded as a queen of Indian financial system.
a) SEBI
b) RBI
c) Finance Ministry
d) BSE
4) 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.
