Practice Financial Management Questions and Answers

• Consider the following statements about the budget estimates of fiscal year 2023-24. 1. The share of subsidies is more than the share of defense in Union ...
• Consider the following statements about Fiscal Policy statements mandated under FRBM Act. 1. Macroeconomic Framework Statement contains an assessment of t...
• According to the Union Budget 2023-24, consider the following statements. 1. Our current year’s economic growth i.e. FY23 is estimated to be at 7 per ce...
• According to the Union Budget 2023-24, consider the following statements. 1. During the Covid-19 pandemic with the PMGKY scheme, the government supplied f...
• According to the Union Budget 2023-24, consider the following statements. 1. The Vision for the Amrit Kaal includes a technology-driven and knowledge-base...
• According to the Union Budget 2023-24, consider the following statements. The Budget adopts seven priorities. 1. Inclusive Development 2. Reaching the La...
• According to the Union Budget 2023-24, consider the following statements. 1. Agriculture Accelerator Fund will be set-up to encourage agri startups by you...
• According to the Union Budget 2023-24, consider the following statements. 1. Atmanirbhar Clean Plant Program will be launched to boost availability of dise...
• According to the Union Budget 2023-24, consider the following statements. 1. We are the largest producer and second largest exporter of ‘Shree Anna’ i...
• Which of the following is not a feature of a primary market?
• What is the name of the regulatory body that oversees the functioning of commodity futures trading in India?
• What is the purpose of the Clearing Corporation of India Limited (CCIL) in the Indian capital market?
• Which of the following is not a function of the Securities Appellate Tribunal (SAT)?
• What is the role of the Insurance Ombudsman in India?
• What is the role of the Insurance Regulatory and Development Authority of India (IRDAI) in the insurance sector?
• What is the difference between life insurance and general insurance in India?
• What is the role of reinsurance companies in the Indian insurance market?
• Which of the following is true regarding the Insolvency and Bankruptcy Code (IBC) and its impact on insurance companies in India?  
• Which of the following statements is true about the Atal Pension Yojana (APY)?
• Which of the following pension schemes is managed by the Pension Fund Regulatory and Development Authority (PFRDA) and allows investors to choose from a ra...
• Which of the following is not a type of pension fund in India?  
• Which of the following organizations manages the pension fund for government employees in India?  
• What is the difference between bullion and numismatic coins?  
• Which of the following is not a major gold trading center?
• In which year did India's National Spot Exchange Ltd (NSEL) shut down its bullion spot exchange operations following an investigation by the Forward Market...
• Consider the following statements regarding bullion: 1) Bullion is a precious metal like gold or silver that is valued by weight and purity. 2) Bullion i...
• Which of the following financial products can be traded in Gift City's exchanges? 1)    Currency derivatives 2)    Agricultural commodities 3)  ...
• What is GIFT city and what are its objectives?
• What is the International Financial Services Centre Authority and what is its role in GIFT city?
• What are the tax benefits offered to companies operating in GIFT city?
• Which of the following is not a major sector that the Gujarat International Finance Tec-City (GIFT City) is expected to serve?  
• What is the difference between a financial center and a financial hub?
• What is the role of financial centers in the global economy?  
• Which global financial center has the largest number of financial institutions within its city limits?
• What is the primary regulatory body responsible for overseeing financial institutions in Hong Kong?
• Regarding Transformation of Aspirational Districts’ programme, consider the following statements: 1.    Its focus is to raise living standards of its...
• With reference to eShram portal, consider the following statement: 1.    The Ministry of Electronics and Information Technology has developed the porta...
• Regarding the Pradhan Mantri Fasal Bima Yojana (PMFBY), consider the following statements: 1)    PMFBY was launched in the 2016 Kharif season to provid...
• With reference to Millets, consider the following statements: 1.    The United Nations General Assembly, in its 75th session during March 2021, declare...
• Regarding the Jan Shikshan Sansthan Scheme (JSS) consider the following statements: 1)    The nodal ministry for JSS is the Ministry of Education. 2)�...