Practice Financial Management Questions and Answers

• 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...
• Consider the following statements regarding Contingency Fund of India 1. Currently, the Parliament has authorized a corpus of ₹30000 crore. 2. It is to...
• Which of the following statements is incorrect about the capital receipts?  
• Consider the following statements 1. Railways budget is presented together with the Union budget from financial year 2017-18. 2. The total receipts and e...
• What is the full form of UIDF which is to be established as per Union Budget 2023-24?
• Consider the following statements about the budget allocations of fiscal year 2023-24 across the ministries and choose which is the correct answer. 
• Consider the following statements about fiscal management. 1. The Union government will give 50 year interest free loans to states which are to be spent o...
• Which of the following statements is incorrect about the Indian economy as the Indian Budget 2023-24? 
• Which of the following is not a type of securities market in India?
• What is the primary objective of the Securities and Exchange Board of India (SEBI)?  
• What is the name of the electronic platform introduced by the National Stock Exchange of India (NSE) for trading in debt securities?
• What is the role of Depository Participants (DPs) in the Indian capital market?
• Who regulates the insurance sector in India?  
• Which type of insurance policy provides coverage for a specific period of time?  
• Which of the following is a type of non-life insurance policy in India?  
• What is the purpose of the Motor Vehicles Act, 1988 with respect to insurance?