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11/13/21, 7:10 PM FMS Quiz 1

FMS Quiz 1 

* Required

Quiz Questions

2. Finance also means the management of large amounts of money, especially by


governments or large companies. *
(1 Point)

True`

False

3.    ____________ a set of things working together as parts of a mechanism or an


interconnecting network; a complex whole. *
(1 Point)

System

4. Inflation means a general _______ in prices and _________ in the purchasing value
of money. *
(2 Points)

Increase/Fall

Decrease/Increase

Increase/ Increase

Decrease/ Decrease

5. According to Prior Savings Theory any investment which is not financed by


prior savings will generate ________and not real income or development. *
(1 Point)

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11/13/21, 7:10 PM FMS Quiz 1

Inflation

6. As per Theory of Forced Savings, the Portfolio Shift effect is also known as
 the________effect. *
(1 Point)

Tobin

7. In the last one year, the US Federal Reserve has adopted ___________ monetary
policy. *
(1 Point)

Accommodative

8. HDB Financial Services is an example of _____________financial institution. *


(1 Point)

Banking

NBFC

Broking House

9. The ________ Act resulted in the separation of investment banking from


commercial banking. *
(1 Point)

Glass-Steagall

10. The unorganized Money Markets are controlled by RBI. *


(1 Point)

True

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False

11. CDs are issued by corporates like TCS to tap the money markets. *
(1 Point)

True

False

12. The business of purchasing accounts receivable and making immediate cash
payments to the creditor is known as ___________. *
(1 Point)

Factoring

13. The institution which provides safekeeping to securities of security owners are
known as _____________banks. *
(1 Point)

Custodian

14. The nodal agency of the Union Government which is responsible for
preparation and presentation of the Union Budget is called________ (give
abbreviation). *
(1 Point)

DEA

15. The Centre’s disinvestment plans are executed by the department named)
_________ (give abbreviation) *
(1 Point)

DIPAM

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11/13/21, 7:10 PM FMS Quiz 1

16. The ICAI, ICSI and Institute of Cost Accountants of India are supervised by the
government department named_________ (give abbreviation). *
(1 Point)

MCA

17. The Regulator of the insurance sector is named_________ (give abbreviation). *


(1 Point)

IRDAI

18. The current Reverse Repo rate is _____%. *


(1 Point)

3.35

19. India’s GDP growth rate for the period 2021-22 is approximately in the range of
9.5 %. *
(1 Point)

True

False

20. 1.       India’s GDP is approximately ___________ *


(1 Point)

USD 2000 Bn

USD 3000 Bn

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11/13/21, 7:10 PM FMS Quiz 1

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