Top 10 General Knowledge | Indian Economy Facts | Part-09

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) None of these.
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) P. Shome panel.
3. Which of the following is the correct order, (from higher to lower) of coffee producing states in India?
(a) Kerala> Karnataka>Tamil Nadu
(b) Karnataka> Kerala >Tamil Nadu
(c) Maharashtra>Tamil Nadu>Kerala
(d) None of these
Ans. (b) Karnataka> Kerala >Tamil Nadu.
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) Third online trading share market in India.
5. Which of the following option is/are correct about Bharat Nirman Programme?
i. It was launched on Dec. 2007
ii. This scheme want urban development only
iii. This programmes targets mainly six sectors only.
Options are:
(a) Only i & iii
(b) Only i & ii
(c) Only iii
(d) Only ii & iii
Ans. (c) Only iii.
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) SEBI.
7. Which of the following is a credit rating agency?
(a) CRY
(b) IBRD
(c) ICRA
(d) IRDA
Ans. (c) ICRA.
8. When was COPRA implemented in India?
(a) 1984
(b) 1985
(c) 1986
(d) 1988
Ans. (c) 1986.
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) Repo rate.
10. Which of the following is a direct tax?
(a) Corporation tax
(b) Custom duty
(c) Excise duty
(d) Service tax
Ans. (a) Corporation tax.