Practice Financial Management Questions and Answers

• 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?
• Which pension fund scheme is open to all citizens of India and provides a defined contribution to the account?
• Which of the following is not a type of pension plan in India?  
• Which of the following is true about the Employees' Pension Scheme (EPS) in India?
• What is the minimum contribution amount for a Tier II account in the National Pension System (NPS)?
• What is the difference between bullion and numismatics?
• What is the difference between bullion and numismatic coins?  
• Which of the following is not a major gold trading center?
• Which of the following statements is/are correct about Gift City's International Financial Services Centre (IFSC)? 1)    It is a global financial hub of...
• Which of the following statements is/are correct about Gift City's SEZ (Special Economic Zone)? 1)    It offers a range of tax incentives to businesses...
• Which of the following is not a key feature of Gift City? 1)    Integrated business district 2)    Multi-service SEZ 3)    High-speed railway stat...
• Which of the following regulatory bodies has its headquarters located in Gift City? 1)    Insurance Regulatory and Development Authority of India (IRDA...
• Which of the following global financial centers is known for its Islamic finance and Shariah-compliant products?
• The Global Financial Centres Index (GFCI) is published by which organization?  
• Which of the following is not considered a major financial center in the Asia-Pacific region?
• What are the criteria used to evaluate global financial centers?
• With reference to the Retail Participation in the Capital Market, consider the following statements: 1.    The share of individual investors in the cas...
• An impact of increased infrastructure investment on the economy? 1.It can lead to a decrease in economic growth. 2.It can provide a critical push to the po...
• Consider the following statements regarding economic survey 2022-23: 1.    In Wholesale Price Inflation (WPI), the weightage of primary articles is mor...
• Which of the following statements is/are correct 1)The GST Sahay platform was created by the GSTN to assist taxpayers in addressing their concerns and ques...
• Consider the following statements: 1.The Unified Payment Interface (UPI) led by the National Payments Corporation of India International (NPCIL) transforme...