Financial Awareness Quiz 4

The following is a quiz on Financial Awareness for NABARD, RBI, SEBI, SBI, IBPS. The quiz comprises 10 questions each carrying 1 mark. For any wrong answer, you will be awarded -.25 marks.

1. The Tertiary Sector

involves services and goods

involves goods

involves services

agricultural produce

None of the above

2. What is an Organized Sector?

Tertiary Sector offers regular job and is governed by various laws and regulations

Tertiary Sector ‘Thelwala, Rickshaw Wala, household labourers, Salesmen’ etc.

Tertiary Sector involves heavy industries

Tertiary Sector involves both light and heavy industries

None of the above

3. Which is true to Public Sector?

In this sector, the government owns more than 50% of its shares

In this sector, the government owns less than 50% shares

Public Sector contributes the least to the Indian GDP

Unluckily Public Sector procures less number of jobs

None of the above

4. Bank and Insurance come under which of the following sectors?

Primary

Secondary

Tertiary

Both primary and tertiary

None of the above

5. Where the Central Office of RBI was initially established in India?

Calcutta

Mumbai

Madras

Hyderabad

None of the above

6. How many Government officials are nominated by the Central Government in the Central Board of RBI?

None of the above

7. Which of the following is not the function of RBI?

Monetary Control

Printing of Currency

Regulation of Financial inclusion

Determining the interest rates of Commercial banks-

None of the above

8. Which is correct?

RBI is the banker of banks

It is the banker of Government

It regulates the stock market

It regulates the credit flow in the market

None of the above

9. How many subsidiaries does RBI have?

None of the above

10. Which of the following is not the RBI’s subsidiary?

Deposit Insurance and Credit Guarantee Corporation of India (DICGC)

Bhartiya Reserve Bank Note Mudran Pvt ltd (BRBNMPL)

National Housing Bank (NHB)

Bhartiya Mudra Loan

None of the above