September 2020 General Knowledge GK MCQ Quiz - 2nd September 2020

1. The buying of shares and bonds of Indian firms by foreign institutional investors is known as

NRI investment
Foreign indirect investment
Portfolio investment
FDI

2. Indian Financial System Code(IFSC) consists of ___ characters for identifying the bank and branch where the account in actually held. The IFSC code is used both by the RTGS and NEFT transfer systems.

7
9
11
13

3. What would be the trend in the pricing of banking services in case of an inflationary trend in the economy?

Increasing
No relevance
Decreasing
Constant

4. Which commission recommended to establish RBI?

Federation Commission
Federal Commission
British Commission
Hilton Young Commission

5. What does NEFT stands for?

National Electronic Fund Transaction
Nominal Electronic Fund Transfer
National Electronic Fund Transfer
National Electronic Forex Transfer

---

Your score =

Score in percentage =

You correctly answered questions number =

Correct Answers 1 =

Correct Answers 2 =

Correct Answers 3 =

Correct Answers 4 =

Correct Answers 5 =