Indian Financial System Quiz

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Which of the following is NOT a component of the formal financial system in India?

Insurance companies

Money lenders (correct)

Commercial banks

Stock exchanges

What are the key elements of a financial system?

Financial institutions, informal financial system, and national income accounts

National income accounts, flow of funds, and credit rating agencies

Financial institutions, economic units, and flow of funds (correct)

Informal financial system, economic units, and credit rating agencies

What is the relationship between the financial system and economic growth?

Financial system plays a crucial role in promoting economic growth (correct)

Financial system is the sole driver of economic growth

Financial system and economic growth are independent of each other

Financial system has no impact on economic growth

What is financial inclusion?

Inclusion of all individuals in the formal financial system Signup and view all the answers

What is the function of investment banks in India?

Offering investment advisory services Signup and view all the answers

Which of the following is a component of the formal financial system in India?

Financial Institutions Signup and view all the answers

What are the types of economic units in India?

Formal and Informal Financial System Signup and view all the answers

What is the purpose of credit rating in India?

To evaluate the creditworthiness of borrowers Signup and view all the answers

What is the role of investment banks in India?

To facilitate the buying and selling of securities Signup and view all the answers

What is the relationship between financial inclusion and microfinance?

Microfinance is a component of financial inclusion Signup and view all the answers

Indian Financial System Quiz

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Questions and Answers

Which of the following is NOT a component of the formal financial system in India?

What are the key elements of a financial system?

What is the relationship between the financial system and economic growth?

What is financial inclusion?

What is the function of investment banks in India?

Which of the following is a component of the formal financial system in India?

What are the types of economic units in India?

What is the purpose of credit rating in India?

What is the role of investment banks in India?

What is the relationship between financial inclusion and microfinance?

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