{"id":907,"date":"2023-06-18T23:01:53","date_gmt":"2023-06-18T17:31:53","guid":{"rendered":"https:\/\/edunovations.com\/mcqs\/?p=907"},"modified":"2023-06-19T13:14:44","modified_gmt":"2023-06-19T07:44:44","slug":"banking-security-market-and-insurances","status":"publish","type":"post","link":"https:\/\/edunovations.com\/mcqs\/banking-security-market-and-insurances\/","title":{"rendered":"Banking Security Market and Insurances &#8211; Indian Economy GK MCQ"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/mcqs\/banking-security-market-and-insurances\/#Banking_Security_Market_and_Insurances_%E2%80%93_Indian_Economy_GK_MCQ_%E0%A4%AC%E0%A5%88%E0%A4%82%E0%A4%95%E0%A4%BF%E0%A4%82%E0%A4%97_%E0%A4%B8%E0%A5%81%E0%A4%B0%E0%A4%95%E0%A5%8D%E0%A4%B7%E0%A4%BE_%E0%A4%AC%E0%A4%BE%E0%A4%9C%E0%A4%BE%E0%A4%B0_%E0%A4%94%E0%A4%B0_%E0%A4%AC%E0%A5%80%E0%A4%AE%E0%A4%BE\" >Banking Security Market and Insurances &#8211; Indian Economy GK MCQ ( \u092c\u0948\u0902\u0915\u093f\u0902\u0917 \u0938\u0941\u0930\u0915\u094d\u0937\u093e \u092c\u093e\u091c\u093e\u0930 \u0914\u0930 \u092c\u0940\u092e\u093e )<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/mcqs\/banking-security-market-and-insurances\/#Banking_Security_Market_and_Insurances_%E2%80%93_Indian_Economy_GK_MCQ_%E2%80%93_Previous_Year_Questions\" >Banking Security Market and Insurances &#8211; Indian Economy GK MCQ &#8211; Previous Year Questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/mcqs\/banking-security-market-and-insurances\/#Some_Important_Links\" >Some Important Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Banking_Security_Market_and_Insurances_%E2%80%93_Indian_Economy_GK_MCQ_%E0%A4%AC%E0%A5%88%E0%A4%82%E0%A4%95%E0%A4%BF%E0%A4%82%E0%A4%97_%E0%A4%B8%E0%A5%81%E0%A4%B0%E0%A4%95%E0%A5%8D%E0%A4%B7%E0%A4%BE_%E0%A4%AC%E0%A4%BE%E0%A4%9C%E0%A4%BE%E0%A4%B0_%E0%A4%94%E0%A4%B0_%E0%A4%AC%E0%A5%80%E0%A4%AE%E0%A4%BE\"><\/span>Banking Security Market and Insurances &#8211; Indian Economy GK MCQ ( \u092c\u0948\u0902\u0915\u093f\u0902\u0917 \u0938\u0941\u0930\u0915\u094d\u0937\u093e \u092c\u093e\u091c\u093e\u0930 \u0914\u0930 \u092c\u0940\u092e\u093e )<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Explore a comprehensive collection of Multiple Choice Questions (MCQs) on taxes types, methods, and the budgeting process in geography. This MCQs page features questions sourced from previous year papers of various competitive exams, including UPSC IAS. Test your knowledge, improve exam preparation, and stay updated with key concepts in geography and economics.<\/p>\n\n\n\n<p>Brief: Are you looking for a reliable resource to enhance your knowledge of taxes types, methods, and the budgeting process? Look no further! Our MCQs page offers a diverse range of questions sourced from previous year papers of various competitive exams, including UPSC IAS and more, focusing on the geography aspect.<\/p>\n\n\n\n<p>Engage in a comprehensive learning experience as you explore this repository of MCQs. By attempting these questions, you can assess your knowledge, identify areas for improvement, and strengthen your understanding of taxes and budgeting in the context of geography.<\/p>\n\n\n\n<p>Our MCQs cover a wide array of topics related to taxes types, methods, and the budgeting process. Whether you are a geography enthusiast, a student preparing for competitive exams, or an individual interested in economic geography, this resource is invaluable. Explore questions sourced from previous year papers to stay updated with key concepts, principles, and practices related to taxes and budgeting.<\/p>\n\n\n\n<p>By practicing with these MCQs, you can improve your comprehension of various types of taxes, methods of taxation, and the budgeting process. Gain insights into the economic implications of taxation, fiscal policies, revenue generation, and resource allocation.<\/p>\n\n\n\n<p>Maximize the utility of this page to excel in your exams. Engage in focused study sessions, reinforce your knowledge, and boost your confidence in tackling questions related to taxes, budgeting, and their geographical significance.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Banking_Security_Market_and_Insurances_%E2%80%93_Indian_Economy_GK_MCQ_%E2%80%93_Previous_Year_Questions\"><\/span>Banking Security Market and Insurances &#8211; Indian Economy GK MCQ &#8211; Previous Year Questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<style>\r\n    \/* Quiz container *\/\r\n    .quiz-container {\r\n        max-width: 800px;\r\n        margin: 0 auto;\r\n        padding: 20px;\r\n        box-sizing: border-box;\r\n        font-family: Arial, sans-serif;\r\n    }\r\n\r\n    \/* Question *\/\r\n    .question {\r\n        background-color: #f9f9f9;\r\n        padding: 20px;\r\n        border: 1px solid #ccc;\r\n        font-size: 20px;\r\n        margin-bottom: 20px;\r\n        border-radius: 5px;\r\n        box-shadow: 0 2px 4px rgba(0, 0, 0, 0.1);\r\n        position: relative;\r\n    }\r\n\r\n    \/* Question header *\/\r\n    .question h4 {\r\n        margin-bottom: 20px;\r\n    }\r\n\r\n    \/* Options list *\/\r\n    .options {\r\n        list-style-type: none;\r\n        padding: 0;\r\n    }\r\n\r\n    \/* Option item *\/\r\n    .options li {\r\n        margin: 10px;\r\n        padding: 10px;\r\n        display: flex;\r\n        align-items: center;\r\n        border-radius: 5px;\r\n        border: 2px solid #ccc;\r\n        box-shadow: 0 2px 4px rgba(0, 0, 0, 0.1);\r\n    }\r\n\r\n    \/* Option number *\/\r\n    .options li span {\r\n        margin-right: 10px;\r\n        width: 20px;\r\n        height: 20px;\r\n        border-radius: 50%;\r\n        border: 2px solid black;\r\n        display: flex;\r\n        justify-content: center;\r\n        align-items: center;\r\n        font-weight: bold;\r\n    }\r\n\r\n    \/* Option colors *\/\r\n    .options li span.option-a {\r\n        background-color: #FFD700; \/* Yellow *\/\r\n    }\r\n\r\n    .options li span.option-b {\r\n        background-color: #FF1493; \/* Pink *\/\r\n    }\r\n\r\n    .options li span.option-c {\r\n        background-color: #00BFFF; \/* Light Blue *\/\r\n    }\r\n\r\n    .options li span.option-d {\r\n        background-color: #7CFC00; \/* Green-Yellow *\/\r\n    }\r\n\r\n    .options li span.option-e {\r\n        background-color: #EE82EE; \/* Purple-Pink *\/\r\n    }\r\n\r\n    \/* Show answer button *\/\r\n    .show-answer {\r\n        background-color: #0066CC;\r\n        color: #fff;\r\n        border: none;\r\n        padding: 8px 20px;\r\n        font-size: 20px;\r\n        cursor: pointer;\r\n        border-radius: 3px;\r\n        text-align: center;\r\n        display: inline-block;\r\n        margin-bottom: 20px;\r\n    }\r\n\r\n    \/* Answer box *\/\r\n    .answer-box {\r\n        margin: 0 auto;\r\n        padding: 10px;\r\n        font-size: 20px;\r\n        color: #61970F;\r\n        box-sizing: border-box;\r\n        display: none;\r\n    }\r\n\r\n    \/* Question header *\/\r\n    .quiz-container .question-header {\r\n        color: darkblue;\r\n        font-weight: bold;\r\n        margin-right: 10px;\r\n    }\r\n\r\n    \/* Question header and text *\/\r\n    .quiz-container .question-header,\r\n    .quiz-container .question-text {\r\n        display: inline;\r\n        font-weight: bold;\r\n    }\r\n\r\n    \/* Responsive styles *\/\r\n    @media (max-width: 767px) {\r\n        .quiz-container {\r\n            padding: 10px;\r\n        }\r\n    }\r\n<\/style>\r\n<div class=\"quiz-container\">\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">In the context of Indian economy; which of the following is\/are the purpose\/purposes of \u2018Statutory Reserve Requirements\u2019?\r\n\r\nTo enable the Central Bank to control the amount of advances the banks can create\r\nTo make the people\u2019s deposits with banks safe and liquid\r\nTo prevent the commercial banks from making excessive profits\r\nTo force the banks to have sufficient vault cash to meet their day-to-day requirements\r\nSelect the correct answer using the code given below.<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67922\"> 2 and 3 only<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67922\"> 1 and 2 only<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67922\">1 only<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67922\">1, 2, 3 and 4<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"b\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">What is the purpose of setting up Small Finance Banks (SFBs) in India?\r\n\r\nTo supply credit to small business units\r\nTo supply credit to small and marginal farmers\r\nTo encourage young entrepreneurs to set up businesses particularly in rural areas.\r\nSelect the correct answer using the code given below:<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67925\"> 1 and 3 only<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67925\">2 and 3 only<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67925\">1 and 2 only<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67925\">1, 2 and 3<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"c\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Which of the following is a most likely consequence of implementing the \u2018Unified Payments Interface (UPI)\u2019?<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67929\"> FDI inflows will drastically increase.<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67929\">) Digital currency will totally replace the physical currency in about two decades.<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67929\"> Mobile wallets will not be necessary for online payments.<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67929\">Direct transfer of subsidies to poor people will become very effective.<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"c\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Which of the following statements is\/are correct in regard to \u2018microfinance\u2019?\r\n\r\nMicro-credit extended by banks to individual is reckoned as a part of their priority sector lending.\r\nRBI has prescribed a particular model the banks to provide microfinance.\r\nChoose the correct answer using the codes given below:<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67932\"> Both 1 and 2<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67932\">2 only<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67932\"> 1 only<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67932\">Neither 1 nor 2<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"c\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Which of the following grants\/grant direct credit assistance to rural households ?\r\n\r\nRegional Rural Banks\r\nNational Bank for Agriculture and Rural Development\r\nLand Development Banks\r\nSelect the correct answer using the codes given below :<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67935\">1 and 3 only<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67935\">2 only<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67935\"> 1 and 2 only<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67935\">1, 2 and 3 only<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"a\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Who among the following can join the National Pension System (NPS)?<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67939\"> All State Government employees joining the services after the date of notification by the respective State Governments<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67939\"> Persons of age from 21 to 55 only<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67939\"> Resident Indian citizens only<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67939\">All Central Government employees including those of Armed Forces joining the services on or after 1st April, 2004<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"a\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Consider the following statements in regard to \u2018Marginal Standing Facility (MSF)\u2019 of RBI :\r\n\r\nIt will help in reducing volatility in the overnight lending rates in the inter-bank market.\r\nThe borrowing under the MSF should be over and above the statutory liquidity requirement.\r\nWhich of the statements given above is\/are correct?<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67942\">Both 1 and 2<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67942\"> 2 only<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67942\"> 1 only<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67942\">Neither 1 nor 2<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"c\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">In which of the following years India switched over to decimal currencies?<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67944\"> 1957<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67944\">1956<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67944\">1955<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67944\">1960<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"a\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">The word \u201cActuaries\u201d is related to<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67947\">Share-market<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67947\"> Insurance<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67947\">Banking<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67947\">None of the above<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"b\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Debenture holders of a company are the<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67949\">Directors<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67949\">Creditors<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67949\"> Debtors<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67949\">Shareholders<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"b\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">The Insurance Regulatory and Development Authority was set up in India on<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67952\">April 2003<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67952\">April 2001<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67952\"> April 2002<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67952\">April 2000<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"d\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">A third-party administrator (TPA) is an organisation associated with the claim settlement process in the<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67955\">Commodity market<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67955\">Insurance industry<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67955\"> Exchange markets<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67955\">Mutual fund industry<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"b\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">RBI\u2019s first census of India\u2019s foreign Assets &amp; Liability as on 30 June 1948 revealed total foreign business investments of Rs. 302 cr, out of it what was the % of British investments in India?<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67957\">72 %<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67957\">60 %<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67957\">51 %<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67957\">91 %<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"a\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">A currency which either has a missing portion or is composed of more than two pieces is categorized as a<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67960\">Detached Note<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67960\">Imperfect Note<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67960\">Soiled Note<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67960\">Mutilated Note<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"d\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Which among the following agency regulates the Mutual Funds in India?<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67963\">Indian Bank Association<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67963\">National Stock Exchange<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67963\">RBI<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67963\">SEBI<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"d\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">In India, which of the following has the highest share in the disbursement of credit to agriculture and allied activities?<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67966\"> Regional Rural Banks<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67966\">Co-operative Banks<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67966\">Commercial Banks<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67966\">Microfinance Institutions<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"c\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Consider the following statements :\r\n\r\nSmall Industry Development Bank of India (SIDBI) was set up as a whole owned subsidiary of the RBI.\r\nSIDBI has taken over the responsibility of administering small industry development funds managed by the IDBI.\r\nWhich of the statements given above is\/are correct?<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67969\"> Both 1 and 2<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67969\"> 2 only<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67969\">1 only<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67969\"> Neither 1 nor 2<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"b\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">The \u2018Currency Chests\u2019 are store-houses where bank notes and rupee coins are clocked on behalf of<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67972\"> Commercial Banks<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67972\"> Public Sector Banks<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67972\">State Bank of India<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67972\"> Reserve Bank of India<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"d\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Consider the following statement in regard to reserve currency :\r\n\r\nReserve currency acts as the international pricing currency in the global market for commodities like oil and gold.\r\nThe country whose local currency is accepted as reserve currency gets an added advantage in terms of lower commodity rates in the international market.\r\nWhich of the statements given above is\/are correct<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67975\">Both 1 and 2<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67975\"> 2 only<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67975\"> 1 only<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67975\">Neither 1 nor 2<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"a\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">The most volatile part of the Organised Money Market in India is<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_67977\"> Certificate of Deposit Market<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_67977\">Commercial Bill Market<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_67977\">Call Money Market<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_67977\">Government Security Market<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"c\">Show Answer<\/button>\r\n    <\/div>\r\n  <\/div>\r\n<script src=\"https:\/\/code.jquery.com\/jquery-3.6.0.min.js\"><\/script>\r\n<script>\r\n$(document).ready(function() {\r\n  $('.show-answer').click(function() {\r\n    var answer = $(this).data('answer');\r\n    $(this).siblings('.answer-box').html('The correct answer is: ' + answer).slideDown();\r\n    $(this).hide();\r\n  });\r\n});\r\n<\/script>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Links\"><\/span>Some Important Links <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/mcqs\/category\/subject-wise\/geography\/\" target=\"_blank\" rel=\"noreferrer noopener\">Geography MCQs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/mcqs\/category\/state-gk-mcq\/\" target=\"_blank\" rel=\"noreferrer noopener\">State GK MCQs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--3\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/mcqs\/category\/current-affairs-mcq\/\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Current Affairs MCQs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/mcqs\/category\/ncert\/\" target=\"_blank\" rel=\"noreferrer noopener\">NCERT MCQs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/mcqs\/category\/subject-wise\/indian-history\/\" target=\"_blank\" rel=\"noreferrer noopener\">Indian History MCQs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/mcqs\/category\/subject-wise\/indian-polity\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Indian Polity MCQ<\/strong>s<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\" id=\"Free-GK-MCQ-App\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.edunovations.quiz\" target=\"_blank\" rel=\"Free GK MCQ App noreferrer noopener\"><img fetchpriority=\"high\" decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Free-MCQ-App.jpg\" alt=\"Free GK MCQ App\" class=\"wp-image-743\" title=\"Free GK MCQ App\" srcset=\"https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Free-MCQ-App.jpg 900w, https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Free-MCQ-App-300x50.jpg 300w, https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Free-MCQ-App-768x128.jpg 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">Free GK MCQ App<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\" id=\"Free-Daily-Current-Affairs-MCQ-App\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.edunovations.quiz\" target=\"_blank\" rel=\"Free Daily Current Affairs MCQ App noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Banner-current-affairs-2.jpg\" alt=\"Free Daily Current Affairs MCQ App\" class=\"wp-image-744\" title=\"Free Daily Current Affairs MCQ App\" srcset=\"https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Banner-current-affairs-2.jpg 900w, https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Banner-current-affairs-2-300x50.jpg 300w, https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Banner-current-affairs-2-768x128.jpg 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">Free Daily Current Affairs MCQ App<\/figcaption><\/figure>\n\n\n\n<script async=\"\" src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6643489308705072\" crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\" style=\"display:block\" data-ad-format=\"autorelaxed\" data-ad-client=\"ca-pub-6643489308705072\" data-ad-slot=\"2759669284\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>Banking Security Market and Insurances &#8211; Indian Economy GK MCQ ( \u092c\u0948\u0902\u0915\u093f\u0902\u0917 \u0938\u0941\u0930\u0915\u094d\u0937\u093e \u092c\u093e\u091c\u093e\u0930 \u0914\u0930 \u092c\u0940\u092e\u093e ) Explore a comprehensive collection of Multiple Choice Questions (MCQs) on taxes types, methods, and the budgeting process in geography. This MCQs page features questions sourced from previous year papers of various competitive exams, including UPSC IAS. Test your [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":910,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"off","ocean_gallery_id":[],"footnotes":""},"categories":[75],"tags":[790,121,804,803,780,91,589,805,801,802,590],"class_list":["post-907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-economy","tag-banking","tag-exam-preparation","tag-financial-sector","tag-insurance","tag-investment","tag-mcqs","tag-previous-year-papers","tag-regulatory-frameworks","tag-risk-management","tag-security-market","tag-upsc-ias","entry","has-media"],"_links":{"self":[{"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/posts\/907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/comments?post=907"}],"version-history":[{"count":0,"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/posts\/907\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/media\/910"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/media?parent=907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/categories?post=907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/tags?post=907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}