money supply, banking & financial institutions section 12 Practice Questions Answers Test with Solutions & More Shortcuts

Money Supply, Banking and Financial Institutions PRACTICE TEST [12 - EXERCISES]

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money supply, banking & financial institutions section 12

Question : 26

Consider the following statements : The function of the Reserve Bank of India does not include:

  1. Open market operations
  2. Monitoring revenue collection
  3. Supervising non-banking finance companies
  4. Review of public expenditure
Which of the statement/s given above is/are correct?

a) 2 and 4

b) 1 only

c) 1, 3 and 4

d) 1, 2, 3 and 4

Discuss »

Answer: (a)

Question : 27 [UPPCS (Pre) 2016]

‘Simply Click’ credit card scheme is launched by which of the following Banks?

a) ICICI

b) SBI

c) BOB

d) IDBI

Discuss »

Answer: (b)

Question : 28

Consider the following statements regarding Foreign Portfolio Investors (FPI):

  1. FPI is mainly into the primary market
  2. FPI investment may happen through primary market
  3. FPI investment happens only in equity shares
  4. FPI investment happens only in debt securities
Select the correct answer using the code given below:

a) (ii) only

b) (ii) & (iii) only

c) (i) only

d) None of the above

Discuss »

Answer: (a)

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