Practice Banking System in India Questions and Answers

• Under the supports given to the States Governments, the Union government has provided __________ year interest-free loans to state governments under the 'S...
• Ayushman Bharat provides health coverage of _____ per beneficiary family per annum to poor and vulnerable families.
• Which of the statement given below is/are not correct?
• Consider the following statement: I. Highest surcharge rate on income above 5 crore to be reduced from 37% to 30% under new regime II. Extending benefits...
• Which one is the name given to the foreign currency account maintained by a bank abroad
• International Financial Services Centre is established under Section ………. of Special Economic Zones Act, 2005
• NSE IFSC-SGX Connect is an essential milestone in the cross-border collaboration between India and ___________ in the area of capital markets. Once operati...
• What should be the minimum net worth of Authorized Fund Management entity in IFSC under Fund Management Entity regulations given by IFSCA
• Similar to the Stock Exchanges in IFSC, the Bullion Exchange shall be required to submit MDR (Monthly Development Report) to IFSCA on a what frequency basi...
• Which of the following is/are the eligibilities to participate in the Pradhan Mantri Shram Yogi Maan-Dhan Yojana? I- The workers in the age group of 18 t...
• With respect to the Direct Tax Proposal under Union Budget 2023-24, consider the following statement: I. 45% of the returns on tax payers' portal were pr...
• Identify the correct statement with respect to IFSCA (Banking) Regulations 2020?
• The definition of member under IFSCA Act ………………
• Which ministry launched the ‘DigiClaim’ platform under the national crop insurance portal for speedy disbursal of claims to insured farmers?
• Who shall constitute a Performance Review Committee under the IFSCA Act?
• Since the middle of the previous decade, RBI and the government have made dedicated efforts in terms of calibrated policy measures like strengthening the r...
• The penalties, fines, fees and settlement amounts shall be collected or realised in
• Who shall preside over the meetings of IFSCA if the Chairperson is not present?
• Special Situation Funds can be offered by registered Fund Management Entity in IFSC, which of the following conditions govern them? (i) Only close ended ...
• What do GFCs offer to importers, exporters, and other international trade participants?
• IFSCA Act 2019 provides for an Authority to develop and regulate
• IFSCA has recently issued 6) Guidelines for Business Continuity Plan (BCP) and Disaster Recovery (DR) for Market Infrastructure institutions (MIIs), how fr...
• The entity willing to act as a Qualified Supplied-Limited Purpose Trading Member (QS-LPTM) on a Bullion Exchange shall be required to have net worth of wha...
• Ensuring hassle-free credit availability at a cheaper rate to farmers has been the top priority of the Government of India. Accordingly, the Kisan Credit C...
• A Finance Bill is a Money Bill as defined in which of the following Article of the constitution of India?
• If the intrinsic value of a share is less than the market price, which of the following is most reasonable to assume?
• Which insurtech startup has entered into a strategic partnership with the Life Insurance Corporation of India (LIC) through which the latter’s products w...
• What is the role of GFCs in driving economic growth?
• IFSCA, with support from GoI, has instituted a flagship thought leadership event, “InFinity Forum” as an annual feature beginning in 2021. This event i...
• What is the minimum Base Capital for initial 6 months required for a foreign entity interested to act as a clearing member in Bullion Exchange as per the n...
• Which of the following is an online transparent, competitive bidding system to ensure farmers get remunerative prices for their produce?
• With respect to the Expenditure Budget, which of the following does not come under the Umbrella of Centers’ Expenditure there sub-classification?
• Which of the following leading NBFC has raised five-year loan of $100 million from the ADB through external commercial borrowing (ECB) under its social fin...
• GFCs are hubs for innovation in finance, technology, and business. They attract top talent, encourage entrepreneurship, and foster collaboration among indu...
• As per the Union Budget 2023 announcements, Extension of tax benefit period for relocation of AIFs (Alternate Investment Fund) to new find location in GIFT...
• Consider the following statement: I. Government will launch a new sub-scheme of PM Matsya Sampada Yojana with targeted investment of  5,000 crore. II. I...
• Which of the following fintech firm became the first online bond platform provider to receive a debt brokerage license from SEBI?
• Who shall constitute the Performance Review Committee?
• Consider the following statements: I. Emoluments of the President. II. Salaries and allowances of the Chairman and the Deputy Chairman of the Rajya Sabha...
• The second phase of the central bank’s medium-term strategy for strengthening regulatory and supervisory mechanism Utkarsh 2.0 is launched for the time p...