Question : Which of the following statement is correct?
Statement 1:Instruments of the money market are close substitutes for money.
Statement 2: Discount Finance House of India provides a ready market for money market instruments.
 

Option 1: Both are true 

Option 2: Both are false

Option 3: Statement 1 is true and statement 2 is false.

Option 4: Statement 1 is false and statement 2 is true.

Question : Who announce budget in India?

Option 1: Minister of Finance

Option 2: RBI governor
 

Option 3: Prime Minister of India

Option 4: Finance Minister

Question : Which one of the following formulates the fiscal policy in India?

Option 1: Planning Commission

Option 2: Finance Commission

Option 3: Reserve Bank of India

Option 4: Ministry of Finance

Question : Which of the following financial institutions of India protects the interests of the investors and facilitates the functioning of the stock market intermediaries?

Option 1: Small Industries Development Bank of India(SIDBI)

Option 2: India Infrastructure Finance Company Ltd (IIFCL)

Option 3: National Housing Bank (NHB)

Option 4: Securities and Exchange Board of India (SEBI)

Question : Which authority recommends the principles governing the grants in -aid of revenues of  the states out of the consolidated fund of india?

Option 1: public accounts committee

Option 2: union ministry of finance

Option 3: Finance Commission 

Option 4: inter-state council