Question : Receipts from services like insurance , banking, etc., is written on ________ side of __ account.
Option 1: Credit, current
Option 2: Credit, capital
Option 3: Debit, current
Option 4: Debit, capital
Correct Answer: Credit, current
Solution : Receipts from services like insurance , banking, etc., is shown on the credit side of current account. Hence, Option A is correct.
Question : 'BFSI' stands for Banking, Financial Services and_______in India. It is a broad term for industries that offer financial products and services.
Option 1: Inflation
Option 2: Investment
Option 3: Insurance
Option 4: Index Fund
Question : Which of the following importance of infrastructure is highlighted here? Along with the agriculture development, insurance and banking facilities are also needed for the smooth working.
Option 1: Facilitates functioning of the economy
Option 2: Agriculture development
Option 3: Economic development
Option 4: Better quality of life.
Question : Banking sector reforms led to attractive deposit avenues, easier credit terms and a sound effective and reliable banking system is a result of the ___________ environment.
Option 1: Business
Option 2: Economic
Option 3: Social
Option 4: Legal
Question : What is a good indicator to identify the effect of policies on the industrial sector?
Option 1: Rise in capital formation.
Option 2: Rise in the share of the Industry sector in the GDP.
Option 3: Rise in banking services.
Option 4: Rise in imports.
Question : Which of the following is a feature of a non-banking financial company (NBFC)?
Option 1: Accepting deposits from the public
Option 2: Regulated by the Reserve Bank of India (RBI)
Option 3: Providing credit facilities
Option 4: None of the above
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