Role of Financial Institutions in Economic Development
Economics ⇒ Economic Development
Role of Financial Institutions in Economic Development starts at 10 and continues till grade 12.
QuestionsToday has an evolving set of questions to continuously challenge students so that their knowledge grows in Role of Financial Institutions in Economic Development.
How you perform is determined by your score and the time you take.
When you play a quiz, your answers are evaluated in concept instead of actual words and definitions used.
See sample questions for grade 11
Describe the importance of microfinance institutions in rural economic development.
Discuss how financial institutions help in the process of economic growth.
Discuss the role of financial institutions in promoting small and medium enterprises (SMEs).
Explain how financial institutions contribute to capital formation in an economy.
Explain how financial institutions help in poverty alleviation.
Explain the difference between commercial banks and development banks.
Explain the role of cooperative banks in the Indian economy.
Explain the role of the Reserve Bank of India in maintaining financial stability.
What is the primary function of financial institutions in economic development? (1) Mobilizing savings, (2) Providing entertainment, (3) Organizing sports events, (4) Manufacturing goods
Which financial institution is responsible for regulating the monetary policy in India? (1) State Bank of India, (2) Reserve Bank of India, (3) NABARD, (4) SEBI
Which institution is known as the banker to the government in India? (1) State Bank of India, (2) Reserve Bank of India, (3) NABARD, (4) SIDBI
Which of the following institutions provides refinance to rural credit institutions? (1) RBI, (2) NABARD, (3) SEBI, (4) IRDAI
Fill in the blank: ________ banks are established to provide long-term finance for industrial development.
Fill in the blank: ________ banks are mainly involved in providing credit to the agricultural sector.
Fill in the blank: ________ is the apex institution for agricultural credit in India.
Fill in the blank: ________ is the regulatory authority for the insurance sector in India.
State whether the following statement is true or false: 'Development banks provide only short-term loans.'
State whether the following statement is true or false: 'Financial institutions help in channelizing funds from savers to investors.'
State whether the following statement is true or false: 'Financial institutions help in the transfer of resources from surplus units to deficit units.'
True or False: Financial institutions play a role in promoting entrepreneurship.
