5 Questions
What are the sectors controlled by independent regulators in the Indian financial system?
Insurance, banking, capital markets, and various services sectors.
How does the financial system play a significant role in the economic growth of a country?
By mobilizing surplus funds and utilizing them effectively for productive purposes.
What does the term 'financial system' imply?
A set of complex and closely connected or interlinked institutions, agents, practices, markets, transactions, claims, and liabilities in the economy.
Who are the seekers of funds in the financial system?
Mainly business firms.
What does the Indian financial system consist of?
Financial market, financial instruments, and financial intermediation.
Test your knowledge of the Indian financial system with this quiz. Explore topics such as banking, capital markets, insurance, and services sectors. Gain insights into the role of independent regulators and the impact of the financial system on the Indian economy.
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