Digital Banking Quiz 7
Practice quiz on Digital Banking (Banking Awareness). 5 real exam questions.
About This Quiz
Digital Banking Quiz 7 — 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.Who publishes the Index of Industrial Production (IIP)?
- A.RBI
- B.MOSPI
- C.SEBI
- D.NABARD
Show answer
Answer: B. MOSPI
The Ministry of Statistics and Programme Implementation (MOSPI) publishes the IIP.
Q2.Which organization regulates commodity markets in India?
- A.RBI
- B.SEBI
- C.IRDAI
- D.AMFI
Show answer
Answer: B. SEBI
Commodity derivatives are regulated by SEBI.
Q3.Which is the largest shareholder of NABARD?
- A.RBI
- B.Government of India
- C.SBI
- D.SEBI
Show answer
Answer: B. Government of India
NABARD is fully owned by the Government of India.
Q4.Which organization regulates mutual funds in India?
- A.RBI
- B.IRDAI
- C.SEBI
- D.AMFI
Show answer
Answer: C. SEBI
SEBI lays down the regulatory framework for mutual funds.
Q5.‘Call Money Market’ deals with funds borrowed for what period?
- A.1–14 days
- B.15–30 days
- C.Up to 1 year
- D.Intradaily only
Show answer
Answer: A. 1–14 days
Call money refers to overnight funds (up to 1 day) while notice money extends up to 14 days; together they cover 1–14 days.
Frequently Asked Questions
Is Digital Banking Quiz 7 free to attempt on AajExam?
Yes. Digital Banking Quiz 7 is completely free. You only need a free AajExam account to track your score, view detailed solutions and unlock cross-attempt analytics.
How long does it take to complete Digital Banking Quiz 7?
Digital Banking Quiz 7 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 Digital Banking Quiz 7 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 Digital Banking Quiz 7 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?
Digital Banking 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.