ShikshaNationShikshaNation

Select Board

CBSE
ICSE
JKBose

CBSE Classes

Class 6Class 7Class 8Class 9Class 10Class 11 PCMClass 11 PCBClass 12 PCMClass 12 PCB
CBSE BoardNEET ExamIIT JEE ExamCUET Exam
Ask Your Doubt
About UsBlogMedia
Talk to Academic Mentor
Login
Login
Menu
Ask Your Doubt About Us Media Blog
ShikshaNation

For Bharat. Of Bharat. By Bharat.
India's Own Learning Revolution.

Company

  • About Us
  • Blog
  • Media
  • Careers
  • Contact Us

Top Categories

  • Achievo
  • Skillo

Top Live Classes

  • Class 6
  • Class 7
  • Class 8
  • Class 9
  • Class 10
  • Class 11
  • Class 12

Useful Links

  • FAQs
  • Privacy Policy
  • Terms & Conditions
  • Refund Policy
  • Shipping Policy

Helpline

+91 99108 99060

Support

support@shikshanation.com

Headquarters

Second floor, C-56 A/12, near Stellar IT Park, C Block, Phase 2, Industrial Area, Sector 62, Noida, Uttar Pradesh 201309

Get it on Google PlayDownload on the App StoreDownload for WindowsDownload for macOS
ISO 9001MSMEStartup IndiaSkill IndiaNSDC

© 2026 Rarepillar Education Services Pvt. Ltd. All rights reserved.

Home/Questions/Match the financial institutions in Column A with ...

Match the financial institutions in Column A with their corresponding functions in Column B.

Column A

Column B

1. Reserve Bank of India

(a) Supports rural development and funds banks for farming and the village industries

2. NABARD

(b) Provides savings schemes like NSC and kisan Vikas Patra

3. Post offices

(c) Market place where financial securities like stock are traded

4. Stock Exchange

(d) Supervises Indian banking system issue currency notes

5. NPCI

(e) Launched UPI in 2016 for digital payments

Class 7Social ScienceBanks and the magic of Finance

Verified Answer

1 - D (RBI is India's central bank that supervises the banking system, maintains accounts of banks, and has sole authority to issue currency.)

2 - A (NABARD supports rural development by funding banks that provide loans for farming, village industries, and infrastructure like roads and irrigation.)

3 - B (Indian post offices offer financial services including savings schemes like National Savings Certificates, Kisan Vikas Patra, and Sukanya Samriddhi accounts.)

4 - C (Stock exchanges are marketplaces where buying and selling of shares and financial securities take place; BSE was established in 1875.)

5 - E (National Payments Corporation of India launched UPI in 2016, revolutionising digital payments with fast, secure, and user-friendly money transfers.)