Indian Economy Test 5

Result

Indian Economy Test 5

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Weekly Quiz Competition

Question 1
1 / -0

Which body in India does the regulation of insurance sector?

A
DFHI

B
CII

C
SEBI

D
IRDA
Question 2
1 / -0

Which of the following are true of the Central Administrative Tribunal?
1. It was established under the Provision of Constitution.
2. It was set up by Presidential order.
3. It was set up in 1985.
4. It was set up by an Act of Parliament.

A
1, 2 and 3

B
1, 3 and 4

C
3 and 4

D
2, 3 and 4
Question 3
1 / -0

'Liquidity trap' is a situation in which

A
people want to hold only cash because prices are falling everyday.

B
people want to hold only cash because there is too much of liquidity in the economy.

C
the rate of interest is so low that no one wants to hold interest bearing assets and people want to hold cash.

D
there is an excess of foreign exchange reserves in the economy leading to excess of money supply.
Question 4
1 / -0

Which of the following statements is relation to Bombay Stock Exchange, is correct?

A
It is the oldest exchange of India

B
It is known by the name of Dalal Steet

C
It's share index is known by the name of SENSEX

D
All of the above
Question 5
1 / -0

On which of the following items, the taxing power of the States has been restricted?

A
Taxes on professions and employments

B
Tax on import or export

C
Tax on Consumption or sale of electricity

D
Tax on health services
Question 6
1 / -0

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 file 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 $$2$$
Question 7
1 / -0

Which one of the following is allowed to invest in all the securities traded on the primary and secondary markets as also in unlisted companies?

A
Pension funds

B
Mutual funds

C
Asset Management companies

D
All of the above
Question 8
1 / -0

Which one of the following is the component of the Balance of Payments in the current account?

A
Net earnings on exports minus payments for imports

B
Earnings on foreign investments minus payments made to foreign investors

C
Cash transfers

D
All of the above
Question 9
1 / -0

Consider the following statements
The function(s) of the finance Commission is / are
1. to allow the withdrawal of the money out of the Consolidated Fund of India.
2. to allocate between the States the shares of proceeds of taxes.
3. to consider the application for Grant-in-aid from States.
4. to supervise and report on whether the Union and State Governments are levying taxes in accordance with the budgetary provisions.
Which of these statements is/are correct?

A
Only 1

B
2 and 3

C
3 and 4

D
1, 2 and 4
Question 10
1 / -0

Which one of the following market is primarily related with the S and P CNX?

A
Primary market

B
Secondary market

C
Commodity market

D
None of the above

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Re-Attempt Weekly Quiz Competition

Indian Economy Test 5

Result

Indian Economy Test 5

Score

-

Rank

-

SHARING IS CARING

Question 1

DFHI

CII

SEBI

IRDA

Question 2

1, 2 and 3

1, 3 and 4

3 and 4

2, 3 and 4

Question 3

people want to hold only cash because prices are falling everyday.

people want to hold only cash because there is too much of liquidity in the economy.

the rate of interest is so low that no one wants to hold interest bearing assets and people want to hold cash.

there is an excess of foreign exchange reserves in the economy leading to excess of money supply.

Question 4

It is the oldest exchange of India

It is known by the name of Dalal Steet

It's share index is known by the name of SENSEX

All of the above

Question 5

Taxes on professions and employments

Tax on import or export

Tax on Consumption or sale of electricity

Tax on health services

Question 6

Only $$1$$

Only $$2$$

Both $$1$$ and $$2$$

Neither $$1$$ nor $$2$$

Question 7

Pension funds

Mutual funds

Asset Management companies

All of the above

Question 8

Net earnings on exports minus payments for imports

Earnings on foreign investments minus payments made to foreign investors

Cash transfers

All of the above

Question 9

Only 1

2 and 3

3 and 4

1, 2 and 4

Question 10

Primary market

Secondary market

Commodity market

None of the above

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Question Analysis

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Score

-

Rank

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