UGC NET Indian financial system Previous Year Questions
JRFSmart holds 21 previous-year questions on Indian financial system from UGC NET Commerce (Paper 2), filed under Unit 7: Banking and Financial Institutions, drawn from 13 of the 22 exam papers in the bank (2019–2025). Each question can be practised with a full explanation and shows how often NTA has returned to the same idea.
What is asked in Indian financial system
The questions in this topic fall under these subtopics, ordered by how many previous-year questions each has.
| Subtopic | Questions |
|---|---|
| Chronology of institutions | 3 |
| Year of establishment of financial institutions | 1 |
| Narasimham Committee reforms | 1 |
| Formal and informal sectors | 1 |
| Banking and finance committees | 1 |
| Depository and non-depository institutions | 1 |
| Forms of financial crisis | 1 |
| Monetary control and regulation | 1 |
| Mergers of financial institutions | 1 |
| Structure of the financial system | 1 |
| Default-risk intermediation | 1 |
| Capital and credit flows | 1 |
NTA repeat analysis
Indian financial system appears in 13 of 22 papers (59%), which JRFSmart rates as high frequency.
Sample previous-year questions
Arrange the following institutions in ascending order of their year of establishment: A. SEBI B. Reserve Bank of India C. State Bank of India D. SIDBI E. NABARD Choose the correct answer from the options given below:
A large real estate company in India is facing challenges in raising funds for expansion. Despite solid track record the company is struggling to attract investors due to increasing concern about liquidity in the financial market. The company has earlier…
Arrange the following committees as per their year of formation in ascending order : A. Narsimham Committee - I B. Padmanabhan Committee C. Verma Committee D. Saraf Committee E. Rashid Jilani Committee Choose the correct answer from the options given below :
Which one of the followings is not a component of formal (organized) financial system ?
The Narasimhan Committee 1991 recommended the reforms with respect to the banking sector. These reforms are also known as:
Match List-I with List-II: List I Instruments List II Market A. Forwards I. Primary Market B. Certificate of Deposits II. Money Market C. FPO III. Derivative Market D. IPO IV. Stock Market Codes:
Arrange the financial institutions according to their year of establishment from earlier to later: A. Imperial Bank B. State Bank of India C. Life Insurance Corporation of India D. Unit Trust of India E. Regional Rural Banks Choose the correct answer from…
Arrange the following financial institutions according to the order in which they were established. A. NABARD B. NHB C. EXIM Bank D. SIDBI E. IIBI Choose the most appropriate answer from the options given below:
Showing 8 of 21 questions, without answers. Practise the full set with options, the official answer and JRFSmart's explanations.
Practise Indian financial system
All 21 questions, one topic, with explanations and repeat data. One topic in every unit is free.
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