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IMPORTANT FINANCIAL MCQs

Important Financial, Finance, International Trade And Finance

Total Questions : 66 | Page 2 of 7 pages
Question 11. How much amount will be provided by NITI Aayog to every district to encourage digital payment system?
  1.    Rs 1 lakh
  2.    Rs 2 lakh
  3.    Rs 5 lakh
  4.    Rs 10 lakh
 Discuss Question
Answer: Option C. -> Rs 5 lakh


No Explanation.


Question 12. Why the Indirect taxes are termed regressive taxing mechanisms?
  1.    They are charged at higher rates than direct taxes
  2.    They are charged the same for all income groups
  3.    They are not charged the same for all income groups
  4.    None of the above is a correct reason
 Discuss Question
Answer: Option B. -> They are charged the same for all income groups




Question 13. Section 14 of banking regulations act 1949 deals with:-
  1.    prohibition of a banking company form creating a charge upon anu unpaid capital of the company.
  2.    system of licensing of banks by RBI
  3.    regarding holidays of the bank
  4.    none of the above.
 Discuss Question
Answer: Option A. -> prohibition of a banking company form creating a charge upon anu unpaid capital of the company.




Question 14. What does the M in M-banking stands for?
  1.    money
  2.    marginal
  3.    message
  4.    mobile
 Discuss Question
Answer: Option D. -> mobile




Question 15. Which of the following are functions of foreign bank?
  1.    remitting money from one country to another.
  2.    discounting of foreign bills
  3.    buying and selling of metals.
  4.    All the above
 Discuss Question
Answer: Option D. -> All the above




Question 16. Currently, which among the following products is facing imports ban from China?
  1.    Milk and Milk products
  2.    Rice
  3.    Telecom equipment
  4.    Telecom equipment
 Discuss Question
Answer: Option A. -> Milk and Milk products




Question 17. As per which act, holidays are provided in the banks?
  1.    RBI act
  2.    Banking regulation act
  3.    As per orders of govt.
  4.    Banking nationalization act
 Discuss Question
Answer: Option B. -> Banking regulation act




Question 18. World investment report is published by?
  1.    UNDP
  2.    World bank
  3.    IMF
  4.    UNCTAD
 Discuss Question
Answer: Option D. -> UNCTAD




Question 19. What is the least average daily per capita expenditure (DPCE) for village and cities respectively as per the latest data released by the National Sample Survey Office?
  1.    Rs.17 and Rs.23
  2.    Rs.21 and Rs.25
  3.    Rs.15 and Rs.21
  4.    None of the above
 Discuss Question
Answer: Option A. -> Rs.17 and Rs.23




Question 20. The Mayaram panel was constituted to look into which one of the following areas?
  1.    FDI limits in multi brand retail
  2.    FDI limits across various sectors
  3.    FII limits in stock market investment
  4.    None of the above
 Discuss Question
Answer: Option B. -> FDI limits across various sectors




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