introduction to indian economy section 3 Practice Questions Answers Test with Solutions & More Shortcuts
Introduction to Indian Economy PRACTICE TEST [14 - EXERCISES]
introduction to indian economy section 1
introduction to indian economy section 2
introduction to indian economy section 3
introduction to indian economy section 4
introduction to indian economy section 5
introduction to indian economy section 6
introduction to indian economy section 7
introduction to indian economy section 8
introduction to indian economy section 9
introduction to indian economy section 10
introduction to indian economy section 11
introduction to indian economy section 12
introduction to indian economy section 13
introduction to indian economy section 14
Question : 6 [SSC CGL 2014]
SEBI was set up in
a) 1980
b) 1992
c) 1984
d) 1988
Answer »Answer: (d)
The Securities and Exchange Board of India (SEBI) was established in the year 1988 and given statutory powers on 12 April 1992 through the SEBI Act, 1992. It is the regulator for the securities market in India.
Question : 7 [SSC CML 2000]
What does the open market operations of the RBI mean?
a) Auctioning of foreign exchange
b) Buying and selling shares
c) Trading in securities
d) Transactions in gold
Answer »Answer: (c)
An open market operation (also known as OMO) is an activity by a central bank to buy or sell government bonds on the open market. A central bank uses them as the primary means of implementing monetary policy.
The usual aim of open market operations is to control the short term interest rate and the supply of base money in an economy and thus indirectly control the total money supply.
Question : 8 [SSC DEO 2009]
The RBI issues currency notes under the
a) Maximum Fiduciary System
b) Fixed Fiduciary System
c) Fixed Minimum Reserve System
d) Proportional Reserve System
Answer »Answer: (c)
The Reserve Bank of India has the sole right to issue banknotes of all denominations. The distribution of one rupee notes and coins and small coins all over the country is undertaken by the Reserve Bank as an agent of the Government.
The system as it exists today is known as the minimum reserve system.
Question : 9 [SSC LDEO 2011]
Golden Handshake Scheme is associated with
a) Voluntary retirement
b) Private investment in public enterprises
c) Establishing joint enterprises
d) Inviting foreign companies
Answer »Answer: (a)
A golden handshake is a clause in an executive employment contract that provides the executive with a significant severance package in the case that the executive loses his or her job through firing, restructuring, or even scheduled retirement.
This can be in the form of cash, equity, and other benefits, and is often accompanied by accelerated vesting of stock options.
Question : 10
Consider the following statements:
- The Fifth Economic Census was conducted by CSO in the year 2007.
- Intelligent Character Recognition (ICR) technology is being used for detailed processing of the data collected in the Fifth Economic Census.
a) 2 only
b) Neither 1 nor 2
c) Both 1 and 2
d) 1 only
Answer »Answer: (a)
IMPORTANT indian economy mcq EXERCISES
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New Indian Economy GK MCQ Quiz PDF For UPSC/IAS Prelims »
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555+ Indian Economy Concepts Basics Fundamentals MCQ Quiz »
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Top 500+ Indian Economy GK MCQs Quiz PDF For SSC UPSC RRB »
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New 499+ Indian Economy GK Question And Answers Quiz PDF »
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Best 500+ Indian Economy General Knowledge MCQ Quiz PDF »
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500+ Indian Economy General Studies Online MCQ Quiz PDF »
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New 500+ Indian Economy Basic Static GK MCQ Quiz For IBPS »
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500+ Introduction to Indian Economy GK MCQ Quiz For SSC »
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800+ Latest Indian Economy GK Questions & Answers MCQ PDF »
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1000+ Indian Economy Basic Concepts GK MCQ PDF For SBI PO »
Introduction to Indian Economy Shortcuts »
Click to Read...introduction to indian economy section 3 Online Quiz
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indian economy MCQ CATEGORIES
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» Introduction to Indian Economy
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» Planning, Economic Development & Five year Plans
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» National Income & Human Development Index
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» Agriculture Sector, Subsidy and Food Processing
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» Industries, Manufacturing & Service Sectors
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» Inclusive growth, Sustainable development and employment
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» Poverty & Unemployment
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» Introduction to Micro Economics
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» Introduction to Macro Economics
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» Macro fundamentals, GDP, Investment, Growth
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» Demand & Supply, Profit Loss, Inflation & Price Index
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» Fiscal Policy, Public Finance and Monetary Policy
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» Money Supply, Banking and Financial Institutions
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» Taxes Types, Methods & Budgeting Process
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» Banking, Security Market & Insurance
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