Practice Financial Management Questions and Answers

• 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)�...
• Which ministry conducts the Annual Survey of Industries (ASI) in India?
• Regarding the National Career Service Project, consider the following statements: 1.    It is a government-run recruitment agency. 2.    More than ...
• Regarding the Skill India Mission, consider the following statements: 1)    Main focus of the Skill India Mission is Skilling, re-skilling, and up-skil...
• Consider the following statements. 1)The Vidyanjali program initiated by the Government aims to provide scholarships to underprivileged students. 2)Vidya...
• Which of the following is/are the objectives of the IFSCA Act?
• Which of the following bodies is responsible for regulating financial services in the IFSCs?
• Which of the following banks were nationalized after being private banks in India? 1)    Bank of Baroda 2)    Punjab National Bank 3)    State ...
• The Cash Reserve Ratio (CRR) is the percentage of a bank's deposits that it must maintain as reserves with which entity? 1)    Reserve Bank of India (R...
• Which of the following banks was established as a private sector bank in India? 1)    Axis Bank 2)    IDBI Bank 3)    Oriental Bank of Commerce...
• Consider the following statements about Annual Financial Statement of 2023-24. 1. This is provided in the Constitution under article 112. 2. Government a...