Practice ESI Questions and Answers

• Which of the following statements are correct? 1. Ability to pay principle of taxation holds that the amount of taxes people pay should relate to their inc...
• Which one of the following is not a tax/duty levied by the Government of India?
• Which of the following Tax is levied by Union and collected and appropriated by States?
• Devaluation of currency leads to
• When the RBI wants to inject liquidity into economy, it may adopt the following : (1) Buy the government securities from the banks. (2) Enter into reverse ...
• Which of the following is /are example (s) of ‘Near Money’? 1. Treasury Bill 2. Credit Card 3. Saving accounts and small time deposits 4. Retail money ...
• Consider the following statements with regard to Statutory Liquidity Ratio (SLR); 1. To meet SLR, Commercial banks can use cash only. 2. SLR is maintained ...
• Open - market operations of Reserve Bank of India refer to;
• The share of the concerned State Government in the capital of Regional Rural Banks is—
• The baseline ‘Aapka bhala, Sabki bhali’ is associated with —
• According to extant RBI guidelines, ‘Payment Banks’ are not permitted to—
• A cheque which has been written by the maker and dated at some point in the past is known as—
• With reference to the ‘Prohibition of Benami Property Transactions Act, 1988 (PBPT Act)’, consider the following statements: 1. A property transaction ...
• Which of the following does not grant any tax rebate?
• The ‘Mudra Bank’ is a subsidiary of— 
• Bank rate means?
• The alphabet ‘D’ in the abbreviation ‘NDTL’, commonly used in banking world, stands for?
• SMERA Limited, a popular body in the financial world, is a full service?
• The country’s first Aadhaar based ATM is launched by which one of the following banks?
• The ‘Currency Chests’ are store-houses where bank notes and rupee coins are clocked on behalf of:
• What is the purpose of setting up of Small Finance Banks (SFBs) in India? 1. To supply credit to small business units 2. To supply credit to small and marg...
• Who among the following can join the National Pension System (NPS)?
• The volatility in the Indian share market is due to 1. inflow and outflow of foreign funds. 2. fluctuations in foreign capital markets. 3. changes in the m...
• In the parlance of financial investment the term ‘bear’ denotes
• The traders reduce the risk of loss in currency fluctuations through which of the following?
• The National Income of a country is:
• Which of the following can aid in furthering the Government’s objective of inclusive growth? (1) promoting self help group (2) promoting micro, small and...
• The standard of living in a country is represented by its;
• Consider the following statements relating to estimation of National Income.  1. Foreigners working in Indian Embassies are normal residents of India. 2. ...
• When was the Reserve Bank of India established ?
• Who is the CEO of HDFC Bank? 
• The Foreign Exchange Management Act,_________ , is an Act of the Parliament of India "to consolidate and amend the law relating to foreign exchange with th...
• The Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption.  In India, GST Bill was first intro...
• UPI, or Unified Payments Interface, is a digital payments system that allows users to transfer money between bank accounts instantly.Launched in India in__...
• When was the Asian Development Bank founded ? 
• Where are the headquarters of the World Meteorological Organization ?
• Where are the headquarters of the Indian Space Research Organisation? 
• COP 28 refers to the United Nations Climate Change Conference taking place in ________ from 30 November until 12 December 2023. 
• The Paris Agreement is a legally binding international treaty on climate change.  It was adopted by how many Parties at the UN Climate Change Conference (...
• Which of the following statements is/are true with respect to the Non-Banking Financial Companies ? I. A Non-Banking Financial Company (NBFC) is a company ...