INDIAN ECONOMY MCQ - II

INDIAN ECONOMY MCQ - II 


1.  Which of the following regulates the working of share markets in India?

(a)  MRTP Act

(b)  FERA

(c)  FEMA

(d)  None of these

Ans. d

 

2.  Which of the following panel was appointed to put forward recommendations of GAAR?

(a)  Reddy panel

(b)  P. Shome panel

(c)  Rangarajan panel

(d)  None of these

Ans. b

 

3.  SDR is the currency of IMF, which is called as………….also.

(a)  White gold

(b)  Book keeping entry only

(c)  Paper gold

(d)  Yellow metal

Ans. c

 

4.  What is MCX-SX?

(a)  Third online trading share market in India

(b)  A new insurance company which is not registered with the government yet.

(c)  Online trading market on paper only.

(d)  Online trading market dealing only in gold.

Ans. a

5.  Open market operations (OMOs) are related to…….

(a)  Fiscal policy

(b)  Monetary policy

(c)  Labour policy

(d)  Agricultural policy

Ans. b

 

6.  Who regulates finance market in India?

(a)  Ministry of finance

(b)  Reserve bank of India

(c)  Ministry of trade and commerce

(d)  SEBI

Ans. d

 

7.  Which of the following is a credit rating agency?

(a)  CRY

(b)  IBRD

(c)  ICRA

(d)  IRDA

Ans. c

 

8.  When was COPRA implemented in India?

(a)  1984

(b)  1985

(c)  1986

(d)  1988

Ans. c

9.  The rate at which the RBI gives short term Loan to commercial banks?

(a)  Bank rate

(b)  Repo rate

(c)   Reverse Repo Rate

(d)  Prime lending rate

Ans. b

 

10.  Which of the following is a direct tax?

(a)  Corporation tax

(b)  Custom duty

(c)  Excise duty

(d)  Service tax

Ans. a


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