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Indian financial system Practice Questions & Answers

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Which among the following are the ‘Credit-Rating Agencies’ of India? 1. CRISIL 2. CARE 3. ICRA 4. ONICRA

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Which among the following are the
‘Credit-Rating Agencies’ of India?
1. CRISIL 2. CARE
3. ICRA 4. ONICRA


1). 1 and 3
2). 1, 2 and 3
3). 1, 3 and 4
4). All of them

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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 of the following is not one of the features of the Special Economic Zones (SEZ) being set up for promoting exports ?

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Which of the following is not one of the features of the Special Economic Zones (SEZ) being set up for promoting exports ?
1). The SEZ area will be treated as foreign territory for trade operations, duties and tariff
2). No licence is required for import into the zone.
3). Foreign workers will be allowed free entry without visa restrictions.
4). There will be no routine examination by customs authorities

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Consider the following steps: 1. Banking Department gets currency from the Issue Department 2. Government puts the currency in circulation 3. Central Government incurs a deficit in its Budget 4. Government Sells Treasury Bills to Banking Department of RBI Which among the following is the correct order of the above steps?

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Consider the following steps:
1. Banking Department gets
currency from the Issue
Department
2. Government puts the currency in
circulation
3. Central Government incurs a
deficit in its Budget
4. Government Sells Treasury Bills
to Banking Department of RBI
Which among the following is the
correct order of the above steps?


1). 1 2 3 4
2). 2 3 4 1
3). 3 4 1 2
4). 4 3 2 1

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'SHG Bank Linkage Programme' is a programme which encourages India's banks to lend to self-help groups (SHGs) composed mainly of poor women, this has evolved into an important Indian tool for microfinance. This programme was initiated by ?

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'SHG Bank Linkage Programme' is a programme which encourages India's banks to lend to self-help groups (SHGs) composed mainly of poor women, this has evolved into an important Indian tool for microfinance. This programme was initiated by ?
1). Reserve Bank of India (RBI)
2). Agricultural Refinance and Development Corporation (ARDC)
3). National Bank for Agriculture and Rural Development (NABARD)
4). Non-Banking Finance Companies (NBFC)