IE & IFS Quizz 1

The PM Gati Shakti Plan is related to:

• Health insurance for all citizens

• Digital payments and financial inclusion

• Infrastructural development and connectivity

• Promoting entrepreneurship and startups

What is the primary focus of the RBI section 17?

• Regulating the Bank Rate Policy

• Issuing licenses to banking companies

• Establishing a new bank

• Implementing Monetary and Credit Policy

What is the death benefit amount provided by the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)?

• INR 1 lakh

• INR 2 lakh

• II, III

• I, II, III, IV

What is the Priority Sector Lending (PSL) target for Small Finance Banks (SFBs) in India?

• 60%

• 70%

• 75%

• 80%

The year 1969 is significant in the Indian banking sector due to:

• The establishment of the Reserve Bank of India

• The nationalization of major private sector banks

• The introduction of digital banking

• The establishment of Small Finance Banks

Money markets are markets for

• Investing in securities with a maturity exceeding one year

• Investing in securities with maturity up to one year

• Investing in securities with maturity from one to five years

• Investing in securities with a maturity exceeding five years

In a company's financial report, the primary deficit is calculated as:

• Total Expenses - Total Revenue

• Total Expenses - Total Revenue, excluding loans

• Operating Deficit - Interest Payments

• Operating Deficit + Interest Payments

What does the term 'Sunrise Sector’ refer to?

• Sectors that are currently declining

• Sectors that are expected to decline in the future

• Sectors that are currently experiencing rapid growth

• Sectors that have remained stagnant over a period of time

What does the abbreviation NNP stand for?

• Net National Profit

• Net National Product

• National Net Product

• National Net Profit

Who is known for coining the term ‘License Raj’ to describe the bureaucratic regulations and red tape that hindered economic growth in India?

• Manmohan Singh

• Jagdish Bhagwati

• Amartya Sen

• Jagmohan Reddy