Financial Inclusion Quiz 2
Practice quiz on Financial Inclusion (Banking Awareness). 5 real exam questions.
About This Quiz
Financial Inclusion 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.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 tax is levied on import of goods?
- A.Excise Duty
- B.Customs Duty
- C.Service Tax
- D.Sales Tax
Show answer
Answer: B. Customs Duty
Customs Duty is charged on imported goods.
Q3.Which instrument indicates short-term government borrowing?
- A.Government Bonds
- B.Treasury Bills
- C.Treasury Stock
- D.Debentures
Show answer
Answer: B. Treasury Bills
Treasury Bills (T-Bills) are issued with maturities less than 364 days.
Q4.Which rate is used by RBI to lend money to banks for overnight liquidity?
- A.MSF
- B.Repo
- C.Reverse Repo
- D.Bank Rate
Show answer
Answer: A. MSF
Marginal Standing Facility (MSF) is the overnight borrowing window for banks.
Q5.Which committee was associated with banking sector reforms in India?
- A.Kelkar Committee
- B.Narasimham Committee
- C.Bimal Jalan Committee
- D.Shah Panel
Show answer
Answer: B. Narasimham Committee
The Narasimham Committee recommended major banking reforms including NPA norms.
Frequently Asked Questions
Is Financial Inclusion Quiz 2 free to attempt on AajExam?
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How long does it take to complete Financial Inclusion Quiz 2?
Financial Inclusion 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 Financial Inclusion 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 Financial Inclusion 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?
Financial Inclusion 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.