Financial Terms Quiz 6
Practice quiz on Financial Terms (Banking Awareness). 5 real exam questions.
About This Quiz
Financial Terms 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 scheme supports micro enterprises with loans up to ₹10 lakh?
- A.PMMY
- B.PMJDY
- C.PMJJBY
- D.PMGKAY
Show answer
Answer: A. PMMY
Pradhan Mantri Mudra Yojana (PMMY) supports micro enterprises with loans up to ₹10 lakh.
Q2.NSDL and CDSL are related to which area?
- A.Insurance
- B.Securities Depositories
- C.Mutual Funds
- D.Bank Lending
Show answer
Answer: B. Securities Depositories
NSDL and CDSL are depositories that hold securities in dematerialised form.
Q3.What is the term for inflation adjusted for base-year prices?
- A.Headline inflation
- B.Core inflation
- C.Real inflation
- D.Wholesale inflation
Show answer
Answer: C. Real inflation
Real inflation (real rate) factors in base-year price levels.
Q4.Which of the following is a fiscal tool?
- A.Repo Rate
- B.CRR
- C.Government Spending
- D.Statutory Liquidity Ratio
Show answer
Answer: C. Government Spending
Fiscal policy tools include taxation and government spending.
Q5.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.
Frequently Asked Questions
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How long does it take to complete Financial Terms Quiz 6?
Financial Terms 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 Terms 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 Terms 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 Terms 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.