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

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.

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