ECONOMY MCQS SET 98

ECONOMY MCQS SET 98

971) Consider the following statements about the Indian capital market
1. The Security Exchange Board of India (SEBI) was set-up in the Seventh Five Year Plan.
2. The Capital issue (Control) Act-1947 was repealed and replaced by the SEBI.
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
   
972) What is 'NIKKEI'?
A) Share Price Index of Tokyo Share Market
B) Name of Japanese Central Bank
C) Japanese name of country's Planning Commission
D) Foreign exchange market of Japan
Correct Answer: Share Price Index of Tokyo Share Market
   
973) Consider the following statements about the Indian capital market
1. Primary Market in India is mainly dealt in the new issues and debentures.
2. Primary Market in India is supervised by the Insurance Regulatory Development Authority.
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: Only 1
   
974) Which one of the following missions of the World Bodies/Organisation had set up the Industrial Credit and Investment Corporation of India (ICICI) bank for the developing small and medium industries in India in the Private Sector?
A) World Bank
B) International Monetary Fund
C) Asian Development Bank
D) World Trade Organisation
Correct Answer: World Bank
   
975) To obtain full benefits of demographic dividend, what should India do?
A) Promoting skill development
B) Introducing more social security schemes
C) Reducing infant mortality rate
D) Privatisation of higher education
Correct Answer: Promoting skill development

976) Consider the following statements
1. LIBOR is the average interest rate provided by leading banks in London.
2. MIBOR and MIBID are the reference rates in inter-bank call money market.
Which of the above statements is/are true ?
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: Both 1 and 2
   
977) Which of the following statements are true about T-Bills?
1. 14 days T-bill is auctioned on every Friday every week.
2. 91 days T-bill is auctioned on every Friday every week.
3. 182 days T-bill and 364 days T-bill are auctioned on every alternate Wednesday.
4. 182 days T-bill and 364 days T-bill are auctioned on a fortnight basis.
Choose the right answer from the codes given below
A) 1, 2 and 3
B) 1 and 4
C) 2 and 3
D) 1, 2 and 4
Correct Answer: 1 and 4
   
978) Which among the following are the indices of Bombay Stock Exchange?
1. MIDCAP
2. SMLCAP
3. CNX MIDCAP
4. S and P CNX 500
Choose the right answer using the codes given below
A) 1 and 3
B) 2 and 4
C) 1, 2, 3 and 4
D) 1 and 2
Correct Answer: 1 and 2
   
979) With reference to functions of Security Exchange Board of India, consider the following statements
1. It has power to ensure the orderly development of capital market.
2. It has power to protect the investors in the capital market.
3. It has power to ensure proper functioning of insurance market in India.
4. It has power to regulate the merchant banking in India.
Which of the statements given above are correct?
A) 1, 2, 3 and 4
B) 2 and 3
C) 2, 3 and 4
D) 1, 2 and 4
Correct Answer: 1, 2 and 4
   
980) Tarapore committee submitted its report on 'Full Convertibility on Rupee' in
A) Current account
B) Capital account
C) Both 'a' and 'b' .
D) Special Drawing Rights (SDR)
Correct Answer: Capital account