ECONOMY MCQS SET 68

ECONOMY MCQS SET 68

671) Quota is
A) tax on imports
B) imports of capital goods
C) limit on quantity of imports
D) limit on quantity of exports
Answer:  limit on quantity of imports
   
672) Open market operations of the RBI mean
A) buying and selling of shares
B) auctioning of foreign exchange
C) trading in securities
D) transacting in gold
Answer:  trading in securities
   
673) The demand curve shows that price and quantity demanded are
A) directly related only
B) directly proportional and also directly related
C) inversely proportional and also inversely related
D) inversely related only
Answer:  inversely proportional and also inversely related
   
674) SEBI is a
A) statutory body
B) advisory body
C) constitutional body
D) non-statutory body
Answer:  statutory body
   
675) Main aim of the fifth five year plan was
A) poverty elimination
B) self reliance
C) both (b) and ( c )
D) none of these
Answer:  both (b) and ( c )

676) Which of the following is a direct tax ?
A) Sales tax
B) Excise duty
C) Custom duty
D) None of these
Answer:  None of these
   
677) The headquarters of World Bank is at
A) Manila
B) Washington DC
C) New York
D) Geneva
Answer:  Washington DC
   
678) Which Indian Commercial Bank became the first in providing mobile ATM service?
A) ICICI Bank
B) IDBI Bank
C) HDFC Bank
D) SBI
Answer:  ICICI Bank
   
679) Indian Railways earn the maximum revenue from
A) passenger fare
B) freight
C) traffic tax
D) passenger tax
Answer:  freight
   
680) RBI does not transact the business of which state government ?
A) Nagaland
B) Jammu & Kashmir
C) Punjab
D) Assam
Answer:  Jammu & Kashmir