Financial Inclusion Quiz 6
Practice quiz on Financial Inclusion (Banking Awareness). 5 real exam questions.
About This Quiz
Financial Inclusion Quiz 6 — 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.What is the current overseas investment limit for Indian mutual funds?
- A.$5 billion
- B.$7 billion
- C.$10 billion
- D.$2 billion
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Answer: B. $7 billion
SEBI allows mutual funds to invest up to $7 billion overseas.
Q3.SIDBI primarily refinances loans for which segment?
- A.Large industries
- B.Micro and small enterprises
- C.Banks
- D.Agriculture
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Answer: B. Micro and small enterprises
SIDBI focuses on financing and refinancing for the MSME sector.
Q4.What is the current limit of IMPS per transaction for individuals?
- A.₹1 lakh
- B.₹2 lakh
- C.₹5 lakh
- D.No limit
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Answer: C. ₹5 lakh
IMPS personal transaction limit has been enhanced to ₹5 lakh.
Q5.Which of the following is NOT part of the capital market?
- A.Equity
- B.Corporate Bonds
- C.Commercial Paper
- D.Mutual Funds
Show answer
Answer: C. Commercial Paper
Commercial Paper is a money market instrument, not capital market.
Frequently Asked Questions
Is Financial Inclusion Quiz 6 free to attempt on AajExam?
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How long does it take to complete Financial Inclusion Quiz 6?
Financial Inclusion Quiz 6 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 6 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 6 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.