Explore topic-wise MCQs in Banking And Financial Awareness.

This section includes 4 Mcqs, each offering curated multiple-choice questions to sharpen your Banking And Financial Awareness knowledge and support exam preparation. Choose a topic below to get started.

1.

After attaining independence, the Government of India constituted the 'National income Committee' in 1949 to compile authoritative estimates of national income. The committee consisted of:A. Dr. B. R. AmbedkarB. Prof. R.C. DuttC. Prof. P.C. MahalanobisD. Prof. D.R. GadgilE. Prof. Sukhamoy ChakravarthyF. Prof. V.K.R.V. RaoChoose the correct answer:

A. A, C and F only
B. B, D and E only
C. A, B and C only
D. C, D and F only
Answer» E.
2.

Match the following Banking sector reform committees with their respective purposes: Committee Purpose(a) Y.V. Reddy Committee(i) Revised method of lending in place of cash credit system(b) Rashid Jilani Committee(ii) Rationalization of interest rate on small saving(c) S.M Kelkar Committee(iii) Working capital lending normsd) I.T. Vaz Committee(iv) Regional Rural Banks Choose the correct option from those given below

A. (a) - (i), (b) - (ii), (c) - (iii), (d) - (iv)
B. (a) - (ii), (b) - (i), (c) - (iv), (d) - (iii)
C. (a) - (iv), (b) - (iii), (c) - (ii), (d) - (i)
D. (a) - (ii), (b) - (iii), (c) - (iv), (d) - (i)
Answer» C. (a) - (iv), (b) - (iii), (c) - (ii), (d) - (i)
3.

Arrange the following committees formed for small scale sector in chronological order and select the correct answer from the codes given below:I. Nayak CommitteeII. Abid Hussain CommitteeIII. S. S. Kohli CommitteeIV. Karve CommitteeCodes:

A. I, II, IV, III
B. III, II, I, IV
C. IV, I, II, III
D. I, II, III, IV
Answer» D. I, II, III, IV
4.

Narasimhan committee was related to

A. High Education reforms
B. Tax structure reforms
C. Banking sector reforms
D. Planning Implementation reforms
Answer» D. Planning Implementation reforms