Indian Financial System Quiz
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Questions and Answers

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?

<p>Mainly business firms.</p> Signup and view all the answers

What does the Indian financial system consist of?

<p>Financial market, financial instruments, and financial intermediation.</p> Signup and view all the answers

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