India's Financial System Quiz

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Questions and Answers

Which market in India is responsible for the short-term borrowing and lending of funds?

  • Indian Money Market (correct)
  • Indian Capital Market
  • Indian Foreign Exchange Market
  • Indian Commodity Market

Which of the following is NOT a measure of money supply in India?

  • M2
  • M3
  • M4 (correct)
  • M1

What is the main source of revenue for the Indian government?

  • Public Expenditure
  • Direct Taxes
  • Indirect Taxes (correct)
  • Intergovernmental Fiscal Relations

Which ocean is located to the south of India?

<p>Indian Ocean (C)</p> Signup and view all the answers

What is the current population status of India as of June 2023?

<p>Most populous country (D)</p> Signup and view all the answers

Which country does NOT share a land border with India?

<p>Myanmar (D)</p> Signup and view all the answers

When did India gain independence?

<p>1947 (D)</p> Signup and view all the answers

From which continent did modern humans arrive on the Indian subcontinent?

<p>Africa (A)</p> Signup and view all the answers

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