money supply, banking & financial institutions section 2 Practice Questions Answers Test with Solutions & More Shortcuts

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

money supply, banking & financial institutions section 1

money supply, banking & financial institutions section 2

money supply, banking & financial institutions section 3

money supply, banking & financial institutions section 4

money supply, banking & financial institutions section 5

money supply, banking & financial institutions section 6

money supply, banking & financial institutions section 7

money supply, banking & financial institutions section 8

money supply, banking & financial institutions section 9

money supply, banking & financial institutions section 10

money supply, banking & financial institutions section 11

money supply, banking & financial institutions section 12

Question : 21

Which of the following statements are true regarding Foreign Portfolio Investors (FPIs):

  1. They fund India’s Current Account Deficit (CAD)
  2. They help in achieving governments disinvestment target
  3. They are liable to pay capital gain tax in India
Select the correct answer using the code given below:

a) (ii) & (iii) only

b) (iii) only

c) (i) only

d) All of the above

Discuss »

Answer: (d)

FPI comes under capital account in Balance of Payment but they bring dollars/foreign currencies and this dollar is used to finance/fund if we have a deficit in the current account.

When the government is listing a PSU on the stock exchange for disinvestment, then FPIs can also purchase the PSU’s shares in the primary market. So, FPIs help in the government’s disinvestment plan.

FPI’s pay tax on the earnings they derive from a gain in shares/bonds prices called capital gain tax.

Question : 22

Which one of the following Public Sector Bank’s emblem figures a dog and the words ‘faithful friendly, in it?

a) Punjab National Bank

b) Oriental Bank of Commerce

c) Syndicate Bank

d) State Bank of India

Discuss »

Answer: (c)

Syndicate Bank. The symbol of dog implies that Bank is trustworthy and a friend. Its slogan is : Your faithful and friendly financial partner.

Question : 23 [MPPCS (Pre) 2014]

In which year did the Government of India Nationalised 14 major private banks?

a) 1970

b) 1965

c) 1969

d) 1968

Discuss »

Answer: (c)

Question : 24 [UPPCS (Mains) 2008]

In India, $M_3$ includes

a) demand deposits with banks

b) All of the above

c) currency with the public

d) time deposits with banks

Discuss »

Answer: (b)

Question : 25 [HCS (Pre) 2014]

Which of the following Banks is the Central Bank of India?

a) Bank of India

b) Reserve Bank of India

c) Union Bank of India

d) State Bank of India

Discuss »

Answer: (b)

IMPORTANT indian economy mcq EXERCISES

Money Supply, Banking and Financial Institutions Shortcuts »

Click to Read...

money supply, banking & financial institutions section 2 Online Quiz

Click to Start..
1274 money supply banking financial institutions based indian economy MCQ section 2 question answer
Money Supply, Banking and Financial Institutions Shortcuts and Techniques with Examples
indian economy MCQ CATEGORIES
RECENT BLOGS
SSC CHSL Exam Centres 2023 Tier 1 & 2: State-Wise Apply Link
SSC CHSL Exam Centres 2023 Tier 1 & 2: State-Wise Apply Link Read more...
SSC CHSL 2023 Tier 2: Syllabus PDF & Exam Pattern [Changed]
SSC CHSL 2023 Tier 2: Syllabus PDF & Exam Pattern [Changed] Read more...
SSC CHSL Tier 1 Revised Syllabus 2023 & New Topics List PDF
SSC CHSL Tier 1 Revised Syllabus 2023 & New Topics List PDF Read more...
SSC CHSL 2023 Tier 2 New Revised Exam Pattern & Syllabus PDF
SSC CHSL 2023 Tier 2 New Revised Exam Pattern & Syllabus PDF Read more...

Recently Added Subject & Categories For All Competitive Exams

100+ Quadratic Equation Questions Answers PDF for Bank

Quadratic Equation multiple choice questions with detailed answers for IBPS RRB SO. more than 250 Attitude practice test exercises for all competitive exams

03-Jul-2024 by Careericons

Continue Reading »

IBPS Aptitude Linear Equations MCQ Questions Answers PDF

Linear equations multiple choice questions with detailed answers for IBPS RRB SO. more than 250 Attitude practice test exercises for all competitive exams

03-Jul-2024 by Careericons

Continue Reading »

New 100+ Compound Interest MCQ with Answers PDF for IBPS

Compound Interest verbal ability questions and answers solutions with PDF for IBPS RRB PO. Aptitude Objective MCQ Practice Exercises all competitive exams

02-Jul-2024 by Careericons

Continue Reading »

100+ Mixture and Alligation MCQ Questions PDF for IBPS

Most importantly Mixture and Alligation multiple choice questions and answers with PDF for IBPS RRB PO. Aptitude MCQ Practice Exercises all Bank Exams

02-Jul-2024 by Careericons

Continue Reading »