Financial Terms Quiz 9
Practice quiz on Financial Terms (Banking Awareness). 5 real exam questions.
About This Quiz
Financial Terms Quiz 9 — 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.What is the current limit of IMPS per transaction for individuals?
- A.₹1 lakh
- B.₹2 lakh
- C.₹5 lakh
- D.No limit
Show answer
Answer: C. ₹5 lakh
IMPS personal transaction limit has been enhanced to ₹5 lakh.
Q2.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.
Q3.Which index is published by SEBI?
- A.Sensex
- B.Nifty
- C.Securities Market Information
- D.None
Show answer
Answer: D. None
SEBI regulates markets but does not publish indices; Sensex belongs to BSE, Nifty to NSE.
Q4.What is the full form of CRAR used in banking?
- A.Credit Risk Asset Ratio
- B.Capital to Risk-weighted Assets Ratio
- C.Cash Reserve and Asset Ratio
- D.Capital Rating and Assessment Ratio
Show answer
Answer: B. Capital to Risk-weighted Assets Ratio
CRAR stands for Capital to Risk-weighted Assets Ratio under Basel norms.
Q5.Which account is used for foreign currency transactions by NRIs?
- A.NRE Account
- B.NRO Account
- C.FCNR Account
- D.PMJDY Account
Show answer
Answer: C. FCNR Account
FCNR accounts allow funds to be held in foreign currency.
Frequently Asked Questions
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How long does it take to complete Financial Terms Quiz 9?
Financial Terms Quiz 9 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 9 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 9 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.