Indian Financial System Quiz 9
Practice quiz on Indian Financial System (Financial Awareness). 5 real exam questions.
About This Quiz
Indian Financial System 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.Which was the first Indian satellite?
- A.INSAT-1A
- B.Aryabhata
- C.SLV-3
- D.Rohini
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Answer: B. Aryabhata
Aryabhata was launched in 1975.
Q2.Who is known as the 'Father of the Indian Constitution'?
- A.Dr. Rajendra Prasad
- B.BR Ambedkar
- C.Jawaharlal Nehru
- D.Sardar Patel
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Answer: B. BR Ambedkar
Dr. B.R. Ambedkar was Chairman of the Drafting Committee.
Q3.Which Article of the Indian Constitution deals with 'Equality before law'?
- A.Article 12
- B.Article 14
- C.Article 16
- D.Article 19
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Answer: B. Article 14
Article 14 ensures equality before law and equal protection of laws.
Q4.Who regulates the insurance sector in India?
- A.IRDAI
- B.RBI
- C.SEBI
- D.PFRDA
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Answer: A. IRDAI
Insurance Regulatory and Development Authority of India oversees insurers.
Q5.Which organization regulates mutual funds in India?
- A.RBI
- B.IRDAI
- C.SEBI
- D.AMFI
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Answer: C. SEBI
SEBI lays down the regulatory framework for mutual funds.
Frequently Asked Questions
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Indian Financial System 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 Indian Financial System 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 Indian Financial System 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?
Indian Financial System 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.