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๐Ÿ“ˆ Banking & Finance MCQ

๐Ÿ“Š 4 Questions ๐ŸŽฏ Banking ๐ŸŽฏ SSC ๐ŸŽฏ UPSC โœ… Answers & Explanations

Practice Banking & Finance MCQ questions with answers and explanation. RBI, Banks, Monetary Policy, NBFCs

1
What is the name of the government scheme that provides financial assistance to farmers for soil health cards?
Medium
๐Ÿ’ก Explanation
The Pradhan Mantri Soil Health Card Scheme is a government scheme that provides financial assistance to farmers for soil health cards, and aims to promote sustainable agriculture and reduce soil degradation.
2
What is the name of the government scheme that provides financial assistance to small and medium-sized enterprises?
Medium
๐Ÿ’ก Explanation
The Pradhan Mantri Mudra Yojana is a government scheme that provides financial assistance to small and medium-sized enterprises, and aims to promote entrepreneurship and job creation.
3
What is the name of the government scheme that provides financial assistance to farmers for crop insurance?
Medium
๐Ÿ’ก Explanation
The Pradhan Mantri Fasal Bima Yojana is a government scheme that provides financial assistance to farmers for crop insurance, and aims to reduce the risk of crop failure and promote agricultural growth.
4
What is the name of the economic policy implemented by the Government of India in 1991?
Medium
๐Ÿ’ก Explanation
The New Economic Policy was implemented by the Government of India in 1991, which aimed to liberalize and open up the Indian economy to foreign investment and trade.

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