Question : Which of the following statement is correct?
Statement 1:Instruments of the money market are close substitutes for money.
Statement 2: Discount Finance House of India provides a ready market for money market instruments.
 

Option 1: Both are true 

Option 2: Both are false

Option 3: Statement 1 is true and statement 2 is false.

Option 4: Statement 1 is false and statement 2 is true.

Question : Who announce budget in India?

Option 1: Minister of Finance

Option 2: RBI governor
 

Option 3: Prime Minister of India

Option 4: Finance Minister

Question : Which one of the following formulates the fiscal policy in India?

Option 1: Planning Commission

Option 2: Finance Commission

Option 3: Reserve Bank of India

Option 4: Ministry of Finance

Question : 1 rupee note bears the signature of _________, while other currency notes bear the signature of ________.

Option 1: President of India, governor of RBI

Option 2: Governor of RBI, Finance Secretary

Option 3: Finance Secretary, Governor of RBI

Option 4: None of these

Question : Which of the following financial institutions of India protects the interests of the investors and facilitates the functioning of the stock market intermediaries?

Option 1: Small Industries Development Bank of India(SIDBI)

Option 2: India Infrastructure Finance Company Ltd (IIFCL)

Option 3: National Housing Bank (NHB)

Option 4: Securities and Exchange Board of India (SEBI)