Indian Financial System – MCQs

1. Indian financial system comprises of both ———————-and ———————-sector. Ans. organized and Unorganized sector. 2. SEBI was given legal status in the year————-set up in1988 Ans . 1992 3. Non-banking assets and Non-performing assets are synonymous term. (True or False) 4. The Indian money market does not deal in cash or money but in promissory notes,…