Table of Contents
Financial Quiz Questions With Answers
These Financial Quiz Questions And Answers Will Help You To Ash Your Exams And We Are The Team Live Learns, We Prepare For You All These Questions And Answers With Pdf.
1. Which of the following makes a financial institution a bank?
a) Accepting borrowings
b) Lending
c) Accepting demand deposits
d) Accepting time deposits
Ans:- c
2. Creation of money by commercial banks refers to
a) Creation of bank deposits
b) Issuing currency
c) Both a) and b)
d) Neither a) nor b)
Ans – a
3. How much money are banks able to create is determined by
a) Initial deposits
b) SLR
c) CRR
d) All of these
Ans – d
4. The Value of Money Multiplier equal
a) 1/SLR
b) 1/CRR
c) 1/(SLR + CRR)
d) None of these
Ans – c
5. When the central bank sells securities in the market, the credit creation capacity of the commercial banks is likely to
a) Rise
b) Fall
c) May rise or may fall
d) No effect
Ans – b
6. Lowering of CRR by the central bank has the following impact on the credit creation capacity of the commercial banks
a) Negative
b) Positive
c) Can be negative or can be positive
d) No effect
Ans – b
7. Raising Reverse Repo Rate by the central bank is likely to have the following impact on demand for goods and services in the economy
a) Rise
b) Fall
c) May rise or may fall
d) No effect
Ans – b
8.With lowering margin requirements by the Central bank, the borrowing capacity of the borrowers
a) Rises
b) Falls
c) May rise or may fall
d) No effect
Ans:- a
9. What items are not included in the Money supply measure?
a) Currency and coins with the public
b) inter-bank deposits
c) Other deposits with RBI
d) Net demand deposits with banks
Ans – b
10. High powered Money consists of
a) Currency and coins held by the public
b) Currency, cash reserves with banks, and demand deposits
c) Currency held by the public and cash reserves with banks
d) Currency and demand deposits
Ans – c
11. Money Supply refers to
a) Total volume of money held by the public at a particular point in time
b) Total volume of money held by the public over a period of time
c) Total volume of money held by the government
d) Both a) and b)
Ans – a
12. Money Supply is a______concept
a) Stock
b) Flow
c) Both a) and b
d) Neither a) nor b)
Ans – a
13. Which one of these is a limitation of the barter exchange?
a) lack of double coincidence of wants
b) lack of store of value
c) lack of a common measure of value
d) All of these
Ans – d
14. Who regulates the money supply in India?
a) Government of India
b) Reserve Bank of India
c) Commercial Banks
d) Planning Commission
Ans – b
15. Which of the following is not a problem with the barter system of exchange?
a) Store of value
b) Double Coincidence of wants
c) Unit of Account
d) Unemployment
Ans – d
16. Money supply includes
a) All deposits in Banks
b) Only Demand deposits in Banks
c) Only Time Deposits in Banks
d) Currency with the Banks
Ans – b
17. Supply of money refers to the quantity of money
a) As on 31st March
b) During any specified period of time
c) As on any point of time
d) During a fiscal year
Ans – c
18. ______is the main source of money supply in an economy
a) Central Bank
b) Commercial Banks
c) Both a) and b)
d) Government
Ans – c
19. This bank operates in the public interest without any profit motive
a) Reserve bank of India
b) State bank of India
c) Canara Bank
d) Allahabad Bank
Ans – a
20. Through the process of______commercial banks are able to create credit, which is in far excess of the initial deposits
a) Advancing loans
b) Money creation
c) Accepting Deposits
d) None of these
Ans – b
21. What will be the effect of an increase in the ‘Repo Rate on the Money Supply?
a) Money supply will increase
b) Money supply will decrease
c) Money supply will remain the same
d) Money supply will initially increase and then it will decrease
Ans – b
22. Banks create credit
a) Out of nothing
b) on the basis of their securities
c) on the basis of their total assets
d) on the basis of deposits
Ans – d
23. Which of the following will increase the money supply?
a) Fall in repo rate
b) Purchase of securities in the open market
c) Decrease in, the cash reserve ratio
d) All of these
Ans:- d
24. In order to reduce credit in the country, RBI may
a) Buy securities in the open market
b) Sell securities in the open market
c) Reduce cash reserve ratio
d) Reduce Repo Rate
Ans – b
25. The one rupee note and coins are issued by
a) RBI (Central Bank)
b) Commercial Bank
c) Ministry of finance
d) Central Government
Ans – c
26. Which of these is not the function of the central bank?
a) Accepting deposits of general public
b) Custodian of foreign exchange reserve
c) Banker’s Bank
d) Currency Authority
Ans – a
27. Other name of legal reserve requirement is
a) Cash reserve ratio
b) Statutory liquidity ratio
c) required reserve ratio
d) Bank rate
Ans – c
28. Which of the following is not the function of the central Bank
a) Banking facilities to government
b) Banking facilities to the public
c) Lending to the government
d) Lending to commercial banks
Ans – b
29. Which bank controls the banking and monetary structure of India?
a) Reserve bank of India
b) State Bank of India
c) World Bank
d) Axis Bank
Ans – a
30. Which institution performs the activity of credit creation
a) Commercial Banks
b) Central bank
c) Both a) and b)
d) Neither a) nor b)
Ans – a
Financial Quiz Questions With Answers
1. Which of the following makes a financial institution a bank?
2. Creation of money by commercial banks refers to
3. How much money are banks able to create is determined by
4. The Value of Money Multiplier equal
8.With lowering margin requirements by the Central bank, the borrowing capacity of the borrowers
9. What items are not included in the Money supply measure?
10. High powered Money consists of
12. Money Supply is a______concept
13. Which one of these is a limitation of the barter exchange?
14. Who regulates the money supply in India?
15. Which of the following is not a problem with the barter system of exchange?
17. Supply of money refers to the quantity of money
18. ______is the main source of money supply in an economy
19. This bank operates in the public interest without any profit motive
21. What will be the effect of an increase in the ‘Repo Rate on the Money Supply?
23. Which of the following will increase the money supply?
24. In order to reduce credit in the country, RBI may
25. The one rupee note and coins are issued by
26. Which of these is not the function of the central bank?
27. Other name of legal reserve requirement is
28. Which of the following is not the function of the central Bank
29. Which bank controls the banking and monetary structure of India?
30. Which institution performs the activity of credit creation
Children’s Day
1. When was Jawaharlal Nehru born?
2. Educated in England at Harrow and Cambridge, what occupation did Nehru qualify for?
3. Nehru became friends with Mahatma Gandhi and joined what independence group in 1918?
4. From where Jawaharlal Nehru had completed his studies for a barrister?
5. When did Jawaharlal Nehru first meet Mahatma Gandhi?
6. International Children’s Day is observed on ____ ?
8. Who began the Children’s Day celebration?
9. Which of these countries first declared Children’s Day as a public holiday?
10. In which place Jawaharlal Nehru organised the first Kisan March?
11. On what important issue did Nehru and Gandhi differ?
12. In which place Jawaharlal Nehru organised the first Kisan March?
13. When Jawaharlal Nehru became the General Secretary of the All India Congress Committee?
14. Which of the following legislative initiatives did Nehru not introduce?
15. In preparing India for the future, which of the following was not an area Nehru influenced?
17. What incident affected Nehru’s political standing and his health?
18. Which newspaper was started by Jawaharlal Nehru?
19. Which of the following legislative initiatives did Nehru not introduce?
20. Who swore in Nehru as India’s first Prime Minister?
MORE ABOUT GANDHIJI
1. Gandhi’s inspiration for civil disobedience came from the writings of
2. Mohandas Karamchand Gandhi was called as Mahatma by
3. During the Non-Cooperation Movement, which award did Gandhiji return?
4. When was Mahatma Gandhi arrested during the ‘Quit India Movement’ of 1942?
6. At which one of the following places did Mahatma Gandhi first start his Satyagraha in India?
7. Who is the author of Gandhiji’s favourite Bhajan ‘Vaishnava jana to tene kahiye’?
9. October 2, the birthday of Mahatma Gandhi is internationally observed as –
11. Which of the following Round Table Conferences was attended by Mahatma Gandhi?
13. Who led the salt Satyagraha Movement with Gandhi?
15. Gandhiji organized ‘Dandi March’ in 1930 against :
17. Which of these slogans is associated with Gandhiji?
18. Who of the following is considered the political guru of Mahatma Gandhi?
19. Which of the following newspapers was NOT published by Mahatma Gandhi?
20. Which of the following books has NOT been written by Mahatma Gandhi?
21. In which year did Mahatma Gandhi finally return to India from South Africa?
22. To how many years of imprisonment was Mahatma Gandhi sentenced for the first time in India?
23. Which of the following movements was NOT started by Gandhiji?
25. Which of the following is not correct about Mahatma Gandhi?
MORE ABOUT MOHANDAS GANDHI
1. What was the age of Gandhi ji at the time of his marriage?
3. Who was the political guru of Mahatma Gandhi ji?
4. From which station in South Africa Gandhi was thrown out of the train?
5. How old was Gandhi when he reached London to become a barrister?
6. At which place was Gandhiji arrested for the first time by the British Government for sedition?
7. On which day of March 1930, the famous Dandi March launched by Gandhi ji?
8. When was the Gandhi – Irwin Pact signed?
10. Who was given the slogan ‘Do or die’?
ALL ABOUT MAHATMA GANDHI
Champaran Satyagraha (1917) First Civil Disobedience Movement.
Ahmedabad Mill Strike (1918) Ahmedabad textile laborers win strike for economic justice, 1918
Kheda Satyagraha (1918): First Non – Cooperation Movement.
Jallianwala Bagh Massacre (13th April, 1919)
Significance of the Non-Cooperation Movement
Communal Award (16th Aug,1932)
Civil Disobedience Movement (1930-1934)
What Is Civil Disobedience Movement (1930-1934)
National Movement during 2nd world war
Quit India Movement (1942-1944)
FOR MORE ABOUT SHAHEED-E-AZAM BHAGAT SINGH
Q.1- When was Bhagat Singh born?
Q.2: Bhagat Singh was executed in which of the following case:
Q.3: When was Bhagat Singh executed?
Q.4: In connection with the Lahore Conspiracy Case, consider the following:
Q.5: Bhagat Singh was executed at the age of ____.
Q.6: An 18-foot tall bronze statue of Bhagat Singh was installed in ______.
Q.8: Which among the following books is not written by Bhagat Singh?
Q.9: Which was the first film to be made on the life of Bhagat Singh?
Q.10: 5 rupees coin was released by RBI on the occasion of_____.
MORE QUESTIONS ABOUT MOHANDAS KARAMCHAND GANDHI
1. What are the five major freedom movements initiated by Mahatma Gandhi ?
2. What was the non-cooperation movement?
4. What is the Quit India Movement ?
5. What are the main weapons of Mahatma Gandhi?
6. How many people joined Gandhi in the salt march?
8. What is Gandhi’s main philosophy ?