Financial Terms Quiz 7
Practice quiz on Financial Terms (Banking Awareness). 5 real exam questions.
About This Quiz
Financial Terms 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 regulates credit rating agencies in India?
- A.RBI
- B.SEBI
- C.IRDAI
- D.PFRDA
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Answer: B. SEBI
SEBI is the regulator for credit rating agencies.
Q2.The headquarters of Asian Development Bank (ADB) is located in:
- A.New Delhi
- B.Shanghai
- C.Tokyo
- D.Manila
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Answer: D. Manila
ADB is headquartered in Manila, Philippines.
Q3.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.
Q4.Which organization regulates the money market in India?
- A.SEBI
- B.RBI
- C.IRDAI
- D.Ministry of Finance
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Answer: B. RBI
RBI regulates money market instruments such as Treasury Bills, Commercial Paper and Certificates of Deposit.
Q5.Which scheme allows accidental insurance of ₹2 lakh at an annual premium of ₹20?
- A.PMJJBY
- B.PMSBY
- C.PMFBY
- D.PMMY
Show answer
Answer: B. PMSBY
Pradhan Mantri Suraksha Bima Yojana offers ₹2 lakh accident cover at ₹20 premium.
Frequently Asked Questions
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How long does it take to complete Financial Terms Quiz 7?
Financial Terms 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 Financial Terms 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 Financial Terms 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?
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.