Pick the right answer, quickly

Exercise and reference answers

Questions

1. Question

   Currency in India is issued by:

   Choices

   1. The SBI
   2. The RBI
   3. The RRB

   Correct choice

   The RBI

2. Question

   Banks hold as cash about:

   Choices

   1. 15 per cent
   2. 50 per cent
   3. 85 per cent

   Correct choice

   15 per cent

3. Question

   An asset pledged for a loan is:

   Choices

   1. Interest
   2. Collateral
   3. Currency

   Correct choice

   Collateral

4. Question

   Poor urban households borrow informally:

   Choices

   1. 10 per cent
   2. 45 per cent
   3. 85 per cent

   Correct choice

   85 per cent

5. Question

   A typical SHG has members:

   Choices

   1. 5 to 10
   2. 15 to 20
   3. 40 to 50

   Correct choice

   15 to 20

Instructions

Tap the correct answer before the round moves on.

Explanation