Banking & Finance Quiz 2
Practice quiz on Banking & Finance (Economy). 5 real exam questions.
About This Quiz
Banking & Finance Quiz 2 — Questions with Solutions
All 5 questions from this quiz with the correct answer and explanation. Attempt them yourself first, then open each solution to check your reasoning.
Q1.Which body regulates NBFCs in India?
- A.RBI
- B.SEBI
- C.SIDBI
- D.IRDAI
Show answer
Answer: A. RBI
The Reserve Bank of India regulates the licensing and operations of NBFCs.
Q2.Which committee was associated with banking sector reforms in India?
- A.Kelkar Committee
- B.Narasimham Committee
- C.Bimal Jalan Committee
- D.Shah Panel
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Answer: B. Narasimham Committee
The Narasimham Committee recommended major banking reforms including NPA norms.
Q3.Which of the following is a fiscal tool?
- A.Repo Rate
- B.CRR
- C.Government Spending
- D.Statutory Liquidity Ratio
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Answer: C. Government Spending
Fiscal policy tools include taxation and government spending.
Q4.Which of the following is NOT part of the capital market?
- A.Equity
- B.Corporate Bonds
- C.Commercial Paper
- D.Mutual Funds
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Answer: C. Commercial Paper
Commercial Paper is a money market instrument, not capital market.
Q5.Which bank is known as the 'Banker to the Government'?
- A.State Bank of India
- B.Reserve Bank of India
- C.Bank of Baroda
- D.Punjab National Bank
Show answer
Answer: B. Reserve Bank of India
The Reserve Bank of India manages government accounts and public debt.
Frequently Asked Questions
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How long does it take to complete Banking & Finance Quiz 2?
Banking & Finance Quiz 2 runs on a 1-minute timer in real exam-style conditions. The clock starts the moment you click Start, mirroring the time pressure of the actual exam.
Are detailed solutions provided?
Yes. Every question on Banking & Finance Quiz 2 ships with a complete step-by-step solution, the underlying concept, and (where applicable) shortcut tricks. You can also discuss any question with the AajExam community.
Can I attempt Banking & Finance Quiz 2 multiple times?
Yes. You can attempt this quiz as many times as you like. Each attempt is recorded separately so you can track improvement in score, accuracy and time-management.
Which government exams does this quiz prepare me for?
Banking & Finance questions appear regularly in SSC CGL, CHSL, MTS, GD; IBPS PO, Clerk; SBI PO, Clerk; RRB NTPC, Group D; UPSC prelims and most State PSC exams. The specific weightage varies by exam — check the exam pattern on the corresponding AajExam exam page for details.