7000+ Indian Financial System MCQ with Answers Pdf - 1

Question: 1

One-rupee currency notes bear the signature of

(A) Finance Secretary of India

(B) Finance Minister of India

(C) President of India

(D) Prime Minister of India

Ans: A

Finance Secretary of India

Question: 2

Whose signature is found on Paper Currency in India?

(A) Finance Secretary of India

(B) Governor of RBI

(C) President of India

(D) Prime Minister of India

Ans: B

Governor of RBI

Question: 3

Broad money in India is

(A) M1

(B) M2

(C) M3

(D) M4

Ans: C

M3

Question: 4

Monetary system in India is managed by

(A) Ministry of Finance

(B) Reserve Bank of India

(C) Security and Exchange Board of India

(D) State Bank of India

Ans: B

Reserve Bank of India

Question: 5

When did Money Laundering Act become operational in India?

(A) 2000

(B) 2002

(C) 2004

(D) 2008

Ans: B

2002

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