Practice Financial Management Questions and Answers

• Consider the following statements: 1.    The Government’s spending on social services as a percentage of GDP has shown a rising trend since 2017-18. ...
• According to the Union Budget 2023-24, consider the following statements.  1. Pradhan Mantri PVTG Development Mission will provide PVTG families and habit...
• With reference to United Nations Development Programme (UNDP) report on HDI, consider the following statements: 1.    There has been a decline of human...
• The Narasimham Committee was appointed to review and examine the: 1)    functioning of the regional rural banks 2)    progress of financial inclusi...
• According to the Union Budget 2023-24, consider the following statements.  1. Government will recruit 38,800 teachers and support staff for the 740 Eklavy...
• Which of the following statements about the Indian budget is incorrect?
• According to the Union Budget 2023-24, consider the following statements.  1. Capital investment outlay is being increased steeply for the third year in a...
• According to the Union Budget 2023-24, consider the following statements.  1. A capital outlay of 2.40 lakh crore rupees has been provided for the Railway...
• According to the Union Budget 2023-24, consider the following statements.  1. The Prime Minister has given a vision for “LiFE”, or Lifestyle for Envir...
• According to the Union Budget 2023-24, consider the following statements.  1. National Green Hydrogen Mission, with an outlay of 19,700 crores 2. It shall...
• According to the Union Budget 2023-24, consider the following statements.  1. The PM Programme for Restoration, Awareness, Nourishment and Amelioration of...
• According to the Union Budget 2023-24, consider the following statements.  1. ‘Mangrove Initiative for Shoreline Habitats & Tangible Incomes’, MISHTI,...
• According to the Union Budget 2023-24, consider the following statements. 1. The Revised Estimate of the fiscal deficit is 6.4 percent of GDP, adhering to ...
• What is the name of the index that measures the performance of small-cap companies in the Indian stock market?
• What is the significance of the T+2 settlement cycle in the Indian capital market?
• Which of the following is not a type of order that can be placed in the Indian stock market?
• Which of the following is not a member of the Financial Stability and Development Council (FSDC) in India?
• Which of the following statements is/are correct regarding Initial Public Offering (IPO) in India? 1)An IPO is a process by which a company raises funds by...
• Which of the following statements is/are correct regarding Securities and Exchange Board of India (SEBI)? 1)SEBI is the regulatory body for capital markets...
• Which of the following is true regarding the General Insurance Business (Nationalization) Act, 1972?
• Which of the following is a type of life insurance policy that combines insurance coverage with investment? 1)Term life insurance 2)Whole life insurance 3)...
• Which of the following statements about the Insurance Regulatory and Development Authority of India (IRDAI) is/are correct? 1) It is a statutory body respo...
• Which of the following statements about the Pradhan Mantri Fasal Bima Yojana (PMFBY) is/are correct? 1) It is a crop insurance scheme launched by the Gover...
• Which of the following statements about Unit-Linked Insurance Plans (ULIPs) is/are correct? 1) ULIPs are a type of life insurance plan that combine insuran...
• Consider the following statements related to pension funds in India: 1) The National Pension System (NPS) is mandatory for all Indian citizens. 2) It is ma...
• Consider the following statements about the Employees' Provident Fund Organization (EPFO): 1) EPFO only manages the Employees' Provident Fund (EPF) scheme....
• Consider the following statements related to the Atal Pension Yojana (APY) in India: 1) APY is a social security scheme for the unorganized sector workers....
• Which of the following is/are true about the Employees' Provident Fund Organisation (EPFO) in India? 1)EPFO manages three schemes - the Employees' Providen...
• Which of the following is a feature of a defined contribution pension plan? 1) Guaranteed payout at retirement 2) Employee bears the investment risk 3) Con...
• Which of the following is not a characteristic of bullion? 1) It is traded on commodity exchanges. 2) It is typically bought and sold based on its weight a...
• Consider the following statements regarding the use of bullion: 1) Bullion can be used for investment purposes as a hedge against inflation. 2) Bullion can...
• Consider the following statements regarding the purity of bullion: 1) The purity of bullion is measured in carats. 2) The higher the carat value, the more ...
• With reference to the System for Assessment, Awareness, and Training for Hospitality Industry (SAATHI), consider the following statements: 1.    It was...
• Which of the following is a common method of buying bullion? 1) Purchasing bullion from a pawn shop. 2) Investing in a bullion-backed exchange-traded fund ...
• Consider the following statements regarding the World in the Medical Tourism Index: 1.    India is ranked 10th out of the top 46 countries in the World...
• Which of the following is not a major sector that the Gujarat International Finance Tec-City (GIFT City) is expected to serve?
• Which among these is the most volatile Foreign Capital?
• With reference to Financial Year 2021-22, consider the following statements: 1.    China, UAE, US, Russia, and Saudi Arabia have a joint share of 40% of...
• Which Indian state is the GIFT City located in?
• With reference to the Account Aggregator (AA), consider the following statements: 1)    It is a Non-Banking Financial Company. 2)    It is engaged ...