Practice General Topics in Finance Questions and Answers

• An account should be treated as 'out of order' if the outstanding balance remains continuously in excess of the sanctioned limit/drawing power for…&...
• Which of the following is not true about Pradhan Mantri Mudra Yojana? 1. Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Hon’ble Prime Mi...
• Which of the following documents will be considered as the primary KYC for the Atal Pension Yojana?
• In the framework of monetary policy, central banks employ various tools to manage liquidity and control inflation within the economy. One such tool involve...
• In the modern business environment, the concept of Corporate Social Responsibility (CSR) has become a significant aspect of corporate governance. This conc...
• In the financial markets, the process of dematerializing government securities involves converting physical certificates into electronic form. This process...
• When a company decides to go public by listing its securities, it must navigate a series of regulatory and procedural steps to ensure compliance with the g...
• In the evolving landscape of financial markets, the structure and governance of stock exchanges have undergone significant changes to improve transparency,...
• What initiative was launched by SIDBI in 2018 to track the current state and expected outlook on the MSME sector?
• The Pradhan Mantri Mudra Yojana completed 10 years of its launch. The government introduced a new category under this scheme to cover loans between ₹10 l...
• What is the upper limit of the guarantee cover under the CGTMSE scheme for micro and small enterprises ?
• As per the priority sector lending (PSL) norms as revised in March 2025, what is the target for lending to non-corporate farmers within the agriculture tar...
• The maximum composite loan limit that the banks can sanction to MSE entrepreneurs through a single window is _______ 
• Which of the following credit facility aimed to i ncrease flow of credit to individuals for entrepreneurial activity in the non-farm sector , which is elig...
• What is the Loan-to-Value (LTV) ratio for loans against equity shares and equity mutual funds (in dematerialized form) for Scheduled Commercial Banks (SCBs...
• The Mudra Loans are collateral free but backed by government guarantee . Which of the following give the guarantee for Mudra loans ?
• In case of securitization of standard assets, what is the Minimum Retention Requirement (MRR) for underlying loans of maturity – 24 months or less; ? ...
• As per the Nayak committee, an MSME can avail working capital from a bank to the extent of ______ of its annual projected turnover?
• Which of the following criteria disqualifies a person from the Pradhan Mantri Kisan Maandhan Yojana?  
• Which of the following best defines Fiscal Deficit ?
• A company has a P/V ratio of 20% and its break-even sales are ₹16 crore. What is the fixed cost of the company?
• In the study of business cycles, the point where the economy transitions from the Expansion phase to the Recession phase is known as the ________; conv...
• A negative supply shock, such as a sudden rise in oil prices, would cause the short-run Phillips curve to:
• Given the following economic indicators for a household sector in 2026 (in ₹ Crores): ·        Private Income: 8,500 ·        Corporat...
• A SEBI-registered portfolio manager is tracking several macroeconomic variables to predict a potential downturn in the Indian economy. Which of the followi...
• Which of the following is NOT considered a 'Quantitative' tool of monetary policy used by the RBI? 
• What is the minimum paid-up equity capital required to set up a Small Finance Bank (SFB) as per current RBI norms? 
• The 'Narasimham Committee' is most famously associated with which of the following? 
• In the context of Asset Reconstruction Companies (ARCs), what does 'SR' stand for? 
• What is the minimum threshold of debt for a bank to initiate recovery proceedings under the Recovery of Debts and Bankruptcy (DRT) Act? 
• The Capital Conservation Buffer (CCB) as per Basel III norms in India is set at: 
• Under the PM Jan Dhan Yojana (PMJDY), what is the maximum overdraft limit available to eligible account holders? 
• What does the 'C' in CKYCR stand for in the context of KYC? 
• As per RBI guidelines, 'High Risk' customers must have their KYC updated at least once every: 
• Which of the following is a 'Charge' created on Movable Assets where the possession remains with the borrower? 
• A 'Letter of Credit' (LC) is a payment mechanism used primarily in: 
• In credit monitoring, what does 'SMA-2' classification imply regarding a loan account? 
• The SARFAESI Act, 2002 is NOT applicable to which of the following? 
• Under the Insolvency and Bankruptcy Code (IBC), what is the maximum time limit (including extensions) for completing the Corporate Insolvency Resolution Pr...
• What is the minimum default amount required to initiate insolvency proceedings under the IBC as of the current 2024–2026 norms?