Table of Content

Start RBI Quiz of 27th – 28th May 2021

Q.1) India’s stock market capitalization recently hit $3 trillion fuelled by a rally in small and mid cap stocks on the BSE. Which of the following statements are correct about the mid cap stocks? 1.Mid-cap stock companies are companies whose market cap is above Rs 10,000 crore but less than Rs 25,000 crore. 2.Investing in these companies can be riskier than investing in large-cap market companies. This is because mid-caps tend to be more volatile. 3.These companies offer a higher growth potential thus have the ability to turn into large-cap companies in the long run.
Q.2) What does ‘It’ refer to? 1.It is a basic technical indicator that occurs in the market when a short-term moving average of an asset rises above a long-term moving average. 2.Many investors consider it one of the most definitive signals of a bull market.
Q.3) India has attracted highest ever total FDI inflow of US$ 81.72 billion during the financial year 2020-21. Identify the statements which are incorrect. 1.FDI comprises of Investment in financial assets like stocks, bonds, mutual funds etc. 2.FDI gives investors ownership as well as management right 3.Indian government permit 100% automatic FDI route for nidhi companies and chit funds.
Q.4) In collaboration with the National Payments Corporation of India (NPCI), ICICI bank has launched a facility for linking UPI ID with its digital wallet “pockets” and thus became the first one in the industry to link e-wallet with UPI network. Which of the following is incorrectly related to this facility.
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About Anuj Jindal


Anuj Jindal, the founder, is an ex-manager from SBI, with an M.Com from Delhi School of Economics. He also has a JRF in Commerce & Management and NET in HRM, along with more than 4 years of experience in the field of Education.