Bank Theory

Advance MCQs on Indian Financial System & Banking Reforms Test your knowledge with basic and advanced level MCQs on Indian Financial System, Financial Regulators (RBI, SEBI, IRDAI, PFRDA), and recent Banking Sector Reforms (NARCL, NaBFID, EASE initiatives). MCQs Q1. Who regulates the monetary policy in India? a) SEBI b) IRDAI c) RBI d) PFRDA Answer: c) RBI Q2. Which organization regulates stock exchanges? a) RBI b) SEBI c) IRDAI d) NABARD Answer: b) SEBI Q3. IRDAI regulates which sector? a) Stock market b) Banking c) Insurance d) Mutual Funds Answer: c) Insurance Q4. Which regulator manages pension schemes like NPS? a) RBI b) PFRDA c) IRDAI d) SEBI Answer: b) PFRDA Q5. RBI was established in? a) 1935 b) 1949 c) 1955 d) 1934 Answer: a) 1935 Q6. SEBI was formed in the year? a) 1988 b) 1992 c) 1985 d) 1995 Answer: b) 1992 Q7. What does IRDAI stand for? a) Indian Reserve Development Authority b) Insurance Regulatory and Development...

MCQs on Indian Banking Structure Test your knowledge with 25 multiple choice questions on Indian Banking System covering types of banks, their functions, and RBI guidelines. 1. Which bank type is allowed to accept deposits but cannot lend? a) Small Finance Banks b) Payment Banks c) NBFCs d) Cooperative Banks 2. What is the maximum deposit limit in a Payment Bank? a) ₹1 lakh b) ₹2 lakh c) ₹5 lakh d) ₹50,000 3. Regional Rural Banks were established in which year? a) 1969 b) 1980 c) 1975 d) 1991 4. Which of the following is NOT a function of commercial banks? a) Accepting Deposits b) Lending Loans c) Manufacturing goods d) Credit Creation 5. Who sponsors the Regional Rural Banks? a) Private Sector Banks b) Public Sector Banks c) RBI d) Foreign Banks 6. What is the main goal of Small Finance Banks? ...