ECONOMY MCQS SET 100

ECONOMY MCQS SET 100

991) Which of the following Development Financial Institutions in India had started the Soft Loan Scheme for the Modernisation of the Industrial sector in the country since 1980s?
A) State Finance Corporations
B) Industrial Development Bank of India
C) Industrial Credit and Investment Corporation of India
D) None of the above
Correct Answer: Industrial Development Bank of India
   
992) Where is the headquarters of Forward Markets Commission ?
A) Mumbai
B) Delhi
C) Bengaluru
D) Hyderabad
Correct Answer: Mumbai
   
993) Which one of the following Development Financial Institutions of India had created a Special Financial Fund called Development Assistance Fund to assist those industrial concerns whose return is low?
A) ICICI
B) IFCI
C) IDBI
D) SFCs
Correct Answer: IDBI
   
994) The capital market has witnessed major reforms in the 1990s. Which of the following are the major reforms of capital market?
1. Set-up of the Investors Education and Protection Fund in 2001 under the purview of SEBI.
2. The insurance Regulatory and Development Authority was set-up in 2000.
3. The Multi Commodity Exchange is set up.
4. Credit rating agencies were set up.
Choose the right answer using the codes given below
A) 1, 2 and 4
B) 2 and 4
C) 1 and 3
D) 1, 2, 3 and 4
Correct Answer: 1, 2, 3 and 4
   
995) In the parlance of economy/ commerce, what is 'Gilt-edged market'?
A) Gold and Silver market
B) Industrial securities market
C) Market for safe (such as Government) securities
D) Market for software technology/ service products
Correct Answer: Market for safe (such as Government) securities

996) For regulation of insurance trade in the country the Government has formed
A) SEBI
B) RBI
C) IRDAI
D) GIC
Correct Answer: IRDAI
   
997) Consider the following functions
1. Refinance loans and advances extended by the Primary Lending institutions to Small Scale industries (SSIs)
2. Provides services like leasing, factory to SSIs.
3. Discounts and rediscounts the bills arising from the sale of machinery to SSIs.
Which of the functions given above is/are correct with respect to SIDBI?
A) 1 and 2
B) Only 2
C) 2 and 3
D) All of the above
Correct Answer: All of the above
   
998) Which of the following does not come under the functions of the stock exchanges in India?
1. Keeping 1% of the issued capital of the listed companies at the exchange as security, on behalf of the SEBI.
2. Providing liquidity to the stocks and catering different information services to the stakeholders in the security market of India.
Codes
A) Only 1
B) Only 2
C) 1 and 2
D) Neither 1 nor 2
Correct Answer: Neither 1 nor 2
   
999) Consider the following statements
1. Regulation of the insider trading in the Indian secondary capital market is under the provision of SEBI.
2. SEBI has been empower to me complaints in the court and to notify its regulation without prior approval of the government. . .
Which of the statements given above is/are correct?
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: Both 1 and 2
   
1000) What was the Saudi Arabian currency called?
A) Dirham
B) Peso
C) Dinar
D) Riyal
Correct Answer: Riyal