ECONOMY MCQS SET 105

ECONOMY MCQS SET 105

1041) Consider the following statements
1. Mutual funds are not allowed to participate in the derivatives market in Indian Capital Market.
2. Mutual funds are permitted to invest in ADRs, GDRs and foreign securities.
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
   
1042) Which one of the following is the Recognised lender of the external commercial borrowings in the international capital market?
A) Export credit agencies
B) Asian Development Bank
C) International Finance Corporation
D) All of the above
Correct Answer: International Finance Corporation
   
1043) Which one of the following is correct about the LIBOR in the international capital market?
A) It is the average interest rate estimated by leading banks in London.
B) It is the mechanism of calculation of the interest subvention given to loans in the international market.
C) It is the credit given to the oil importers in the world petroleum market.
D) All of the above
Correct Answer: All of the above
   
1044) Consider the following statements
1. A scheme for attracting portfolio from Foreign Institutional Investors (FIIs) in India was launched In 1992.
2. A scheme to raise ADR/GDR/ FCCBS Issues from the international capital markets in India was initiated during 1992-1993.
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
   
1045) Which one of the following commissions was constituted to identify the sectors in which Foreign Institutional Investors (FIIs) portfolio investments will not be subject to the sectoral limits for Foreign Direct Investment except in specified sectors in India?
A) M Narsimham Committee
B) Lahiri Committee
C) B K Chaturvedi Committee
D) Y V Reddy Committee
Correct Answer: Y V Reddy Committee

1046) Financial sector reforms in India consist of
A) Lowering down of CRR and SLR
B) Entry of private firms in Insurance sector
C) deregulation of rate of interest.
D) All of the above
Correct Answer: All of the above
   
1047) The financial year of a cooperative organisation is
A) April 1 to March 31
B) January 1 to December 31
C) July 1 to June 30
D) May 1 to April 30
Correct Answer: July 1 to June 30
   
1048) The market in which loans of money can be obtained is called
A) Reserve market
B) Institutional market
C) Money market
D) Exchange market
Correct Answer: Money market
   
1049) As per newspapers report, what per cent of government stake will be disinvested in Rashtriya Ispat Nigam Ltd. (RINL)?
A) 0.05
B) 0.5
C) 0.1
D) 0.12
Correct Answer: 0.1
   
1050) India earns maximum foreign exchange by the export of
A) Iron
B) Tea
C) Textile
D) Rubber
Correct Answer: Textile