Practice Financial System Questions and Answers

• HDFC Bank launched GIGA, a financial product designed for which group of individuals?
• POP launched India's first multi-brand co-branded credit card in collaboration with which two entities?
• According to the RBI’s guidelines on the Sovereign Gold Bond (SGB) Scheme, what discount is provided to investors who apply online and make payments thro...
• What is the key purpose of the Tariff Rate Quota (TRQ) mechanism as outlined in the RBI circular on the import of gold by TRQ holders?
• In the January 2024 circular on bulk deposits, which tier of UCBs has a revised bulk deposit threshold set at ₹1 crore?
• Where are ethical standards typically based?
• Given: • PAT = ₹4,00,000 • Shareholder's Equity = ₹20,00,000 • Total Assets = ₹50,00,000 Calculate ROE and ROA respectively.
• How many new SIDBI branches were inaugurated in Karnataka by the finance minister towards the end of 2024?
• Which of the following financial institution is responsible for the development of housing finance sector in India?
• Microfinance institutions have seen a deterioration in NPA levels recently. Who regulates microfinance institutions in India?
• The FSIB is responsible for recommending to the government the person for appointment to the Board of financial institutions. What is the full form of FSIB...
• The difference between Gross Domestic Product (GDP) and Net Domestic Product (NDP) is ___________ .
• Which of the following entity is responsible for the calculation of national income in India?
• If the price of a good increases while all other factors remain constant, what is most likely to happen according to the law of demand?
• Hyperinflation means _______
• The Fisher effect is defined as the relationship between real rates and _____ 
• Which of the following statements regarding the concept of elasticity of demand is correct: A.In the case of unitary elastic demand, total revenue remains ...
• Gold ETFs are regulated by _________  
• An entity that wants to register as a Depository Participant, will have to follow the regulations given by __________
• Which of the following pairs is correctly matched with its function?
• Which among the following is not regulated by SEBI? 
• DICGC stands for Deposit Insurance and Credit Guarantee Corporation. It is a subsidiary of the Reserve Bank of India (RBI) and provides insurance coverage ...
• In case of normal goods, the shape of the demand curve is _______
• Which of the following is included when calculating National Income?
• Calculate the price elasticity of demand for the product if an increase in its price from Rs.20 to Rs.22 leads to a decline in the quantity demanded from 1...
• A firm observes that when it raises prices, competitors do not follow, leading to a significant loss of customers, whereas when it reduces prices, competit...
• The Gross Domestic Product of a country is Rs.600 billion. The country earns Rs.40 billion as Net Factor Income from Abroad, while capital consumption allo...
• In explaining persistent unemployment and output fluctuations in the short run, John Maynard Keynes emphasized a factor that could remain deficient even wh...
• An economy is hit by a cost-push shock due to a sharp rise in input prices, resulting in higher inflation and rising unemployment in the short run. How doe...
• The investment function shows the relationship between investment and _____
• Which of the following sequences best represents these business cycle phases in order?
• A listed company raises funds through a public issue. Post-listing, it fails to make timely disclosures of materialevents, leading to abnormal price moveme...
• According to the SEBI advisory issued on 8 November 2025, which of the following statements most accurately describes the regulatory status of Digital Go...
• Which among the following statement is INCORRECT?
• In the context of Indian fiscal federalism, Vertical Devolution refers to the ________, and as per the 16th Finance Commission’s recommendations accept...
• As consumers’ income rises, the demand for branded packaged foods, eating out at restaurants, and premium clothing increases proportionately. The income ...
• In an economy, households spend a larger proportion of every additional rupee of income on consumption rather than saving. As a result, each round of spend...
• Which of the following is a core conceptual pillar of Keynes’ fundamental psychological law of consumption regarding the relationship between income an...
• In the Sweezy Model of Oligopoly, the Kinked Demand Curve is used to explain why prices in oligopolistic markets remain relatively stable (Price Rigidity)...
• In a competitive market for a specific financial commodity, the daily Demand and Supply functions are given as follows:  ·        Demand Function...