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Financial awareness Practice Questions & Answers

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With reference to the National Investment Fund to which the disinvestment proceeds are routed, consider the following statements ? 1. The assets in the National Investment Fund are managed by the Union Ministry of Finance. 2. The National Investment Fund is to be maintained within the Conso

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With reference to the National
Investment Fund to which the
disinvestment proceeds are routed,
consider the following statements ?
1. The assets in the National
Investment Fund are managed by
the Union Ministry of Finance.
2. The National Investment Fund
is to be maintained within the
Consolidated Fund of India.
3. Certain Asset Management
companies are appointed as the
fund managers.
4. A certain proportion of annual
income is used for financing
select social sectors.

Which of the statements given above
is/are correct ?


1). 1 and 2
2). 2 only
3). 3 and 4
4). 3 only

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Which company has entered into a joint venture with the Saudi Prerogative Company to offer IT services in the middle eastern country?

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Which company has entered into a joint venture with the Saudi Prerogative Company to offer IT services in the middle eastern country?
1). L & T infotech
2). Cognizant
3). Sutherland
4). Infosys

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First bank to start non-UTI mutual fund in India?

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First bank to start non-UTI mutual fund in India?
1). ICICI Bank
2). HSBC Bank
3). HDFC Bank
4). SBI Bank

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How could RBI increase the money supply in the market?

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How could RBI increase the money supply in the market?
1). Buying government securities
2). selling government securities
3). Borrowing money from commercial banks
4). none of the given choices

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Chairperson of 1st Law Commission of India is

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Chairperson of 1st Law Commission of India is
1). Mc Setalvad
2). Balbir Singh Chauhan
3). AP Shah
4). Pv Reddi