MyGov National Quiz on Financial Sector Answers

National Quiz on Financial Sector Answers: Azam Khan Amrit Mahotsav celebrates 75 years of progress and the glory of India’s people, culture, and achievements. The Ministry of Finance, Government of India is organizing a National Quiz on Financial Sector on the occasion of Amrit Mahotsav. The quiz is being organized by the Arun Jaitley National Institute of Financial Management (AJNIFM).

Besides promoting financial awareness among citizens, this quiz aims to celebrate the 75 years of the Indian Financial Sector since independence. The forthcoming quiz encompasses a comprehensive overview of the evolution of Indian finance, covering topics such as Financial/Economic Reforms, Macroeconomic Developments, Key Committees and Reports, Government Welfare Schemes, Government Policies, Financial Regulators and Institutions, and Financial Instruments.

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About Arun Jaitley National Institute of Financial Management

AJNIFM (Arun Jaitley National Institute of Financial Management) is an institute of national importance that was established by the Ministry of Finance under the chairmanship of the Hon’ble Union Minister for Finance. The institute specializes in building capacity in the complex field of finance. Arun Jaitley National Institute of Financial Management serves as a capacity building institution, as well as a policy research institution in the field of financial markets, under the auspices of the Department of Economic Affairs (DEA), Ministry of Finance, Government of India.

Quiz Name	National Quiz on Financial Sector
Language	English
Start Date	01st June 2022
End Date	30th June 2022
No. of Questions	15
Time Allowed	5 minutes
MyGov Quiz Portal Link	quiz.mygov.in

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Table of Contents

MyGov National Quiz on Financial Sector – Attempt Now!

Let’s now take the Financial Sector quiz by MyGov. The MyGov National Quiz on Financial Sector Answers has been highlighted.

Which core industry is PLI targeted for

Electronics
Manufacturing
Infrastructure

Which of these statements is false:

A stock index may be based on a specific sector of the economy
Sectoral indices may be price weighted or value weighted
The index level for an index based on all the constituent stocks must be greater than the index level for an index based on a specific sector
In the case of a sector index based on a value weighted approach, stock splits will have no implications

Which of these strategies will always result in a decline in the stock price:

A stock dividend
A reverse stock split
A share buyback

Name of the Prime Minister of India who did Nationalization of banks.

Indira Gandhi
Rajiv Gandhi
P.V. Narsimha Rao
Jawaharlal Nehru

The net value of GDP after deducting depreciation from GDP is

Net domestic product
Net national product
Gross national product

In India bank deposits are currently insured up to:

1 Lakh
5 Lakhs
10 Lakhs

The first bank in India to be nationalized was ___________.

Industrial policy 1973 paved the way for joint sector which allowed partnership among center and Private sector

TRUE
FALSE

The state Finance Commission is a

Constitutional body
Legal body
Non-statutory body

What is the currency deposit ratio?

ratio of money held by the public in currency to that of money held in bank deposits
ratio of money held by public in bank deposits to that of money held by public in currency
ratio of money held in demand drafts to that of money held in treasury bonds