Financial System(Indian Finance System ) Questions and Answers
Question 1. __________ allocates saving efficiently in an economy to ultimate users either for investment in real assets or for consumption.
Economic system
Banking system
Financial system
Market system
Explanation:-
Answer: Option C. -> Financial system
Question 2. Which of the following is not a regulatory institution in Indian financial system?
RBI
CIBIL
SEBI
IRDA
Explanation:-
Answer: Option B. -> CIBIL
Question 3. __________ is regarded as a queen of Indian financial system.
SEBI
RBI
Finance Ministry
BSE
Explanation:-
Answer: Option C. -> Finance Ministry
Question 4. National Housing bank is a fully owned subsidiary of___________.
HDFC
HSBC
RBI
HUDCO
Explanation:-
Answer: Option C. -> RBI
Question 5. Financial institutions are also known as ______________.
Financial organization
Financial intermediaries
Financial system
Any of the above
Explanation:-
Answer: Option B. -> Financial intermediaries
Question 6. __________is the first development financial institution in India.
IDBI
ICICI
IFCI
RBI
Explanation:-
Answer: Option C. -> IFCI
Question 7. IDBI was established in ____________.
1948
1954
1992
1964
Explanation:-
Answer: Option D. -> 1964
Question 8. ______________is an apex institution to coordinate, supplement and integrate the activities of all existing specialized financial institutions.
IFCI
IDBI
RBI
SEBI
Explanation:-
Answer: Option B. -> IDBI
Question 9. Which of the following is not an asset held by Commercial Banks?
Bills of Exchange
Current Account Deposits
Money Lent at short Notice
Credit Balances with the Reserve Bank
Explanation:-
Answer: Option B. -> Current Account Deposits
Question 10. Which of the following combinations is correct?
NABARD--------Industrial Loan
RBI---------------Long term Finance
RRB---------------Agriculture Finance
IDBI---------------Short Term Loans
Explanation:-
Answer: Option C. -> RRB---------------Agriculture Finance
