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MCQ On Banking Finance & Economy-1
MCQ On Banking Finance & Economy-1
1. To curb insider trading, SEBI has stipulated that, those investors who have more than 5%stake
in any company, has to inform the company within .days, if their stake is altered by more
than2%.
a)10
b)8
c)5
d)4
2. To curb insider trading, SEBI has stipulated that, the affected companies in the above case
have to inform the same to the SEBI within days.
a)10
b)8
c)5
d)4
3. Goods and Services Tax (Dual Tax) is proposed to be implemented in India from
a) 1st April 2009
b)1st April 2010
c)1st April 2011d)None of these
4. Goods and Services Tax (GST) is proposed to replace
a) VAT
b) service Tax
c)CST
5. The following countrys currency is referred to as TAD
a) UK
b)SA
c)Japan
d)None of these
d)None of these
c)Tata Power
8. One of these is not an objective of National Housing & Habitat Policy 2007
a)
To promote rental housing market
b)
To develop National Land Policy
c)
To develop National Shelter Fund
d)
To provide free accommodation to the people living BPL
9. One of these is an objective of National Housing & Habitat Policy 2007
a)
To introduce model rent control legislation
b)
Construct 1 crore houses for the poor
c)
To regulate housing loan interest rates
d)
To promote reverse mortgage loans
10. Name of the organization to take payment and settlement work at National Level
a) RBI
b)SEBI
c)NPCI (National Payments Corporation of India)
d)NSE
11. Payment and settlement will cover the following organizations
a)Banks
b)ATMs & Smart Cards
c)Credit Cards d)All of these
12. The operations of Credit Card Issuing companies will under the direct scrutiny of
a) SEBI
b)RBI
c)TRAI
d)Credit Cards Commission
13. The latest ceiling on area that can be acquired by a SEZ is
a) 500 ha
b)5000 ha
c)500 acres
d)5000 acres
15. Recently the following regulator has been elected as the member of executive committee of
IOPS (International Organisation of Pensions Supervisors)
a) SEBI
b)AMFI
c)TRAI
d)PFRDA (Pension Fund Regulation
and Development Authority)
16. As per the latest regulations, each mutual fund can invest overseas up to a maximum amount
of .
a)Rs.300 cr
b)US$ 300 mn
c)US$300bn d)Rs.3000 cr
17. As per the latest regulations, overall limit for Indian Mutual Funds to invest overseas is
a)Rs.5000 cr
b)
US$ 5000 mn c)
US$500 bn
d)Rs.5000 cr
18. National Policy on Agriculture 2007 was prepared based on the recommendations of
a)
National Commission on Agriculture
b)
National Commission on Farmers
c)
Planning Commission
d)
Finance Commission
19. Chairman of National Commission on Farmers is
a) Dr. Man Mohan Singh
b)Shri P Chidambaram
c) Dr. M.S. Swami Nathan
d)
Dr. Montek Singh Ahluwalia
20. Which country has the largest number of Internet users
a) China
b)India
c)USA
d)Japan
21. One of these is not a commodity exchange established in India.
a) MCX
b)NCDEX
c)NMCE
d)SENSEX
22. PPP model of ownership means
a)
People Participative Programme
b)
Private Partnership Programme
c)
Private Public Partnership
d)
None of these
23. The Commodity Exchanges settle their transactions based on
a) delivery
b)Financial obligations
c) both (a) & (b) d)
24. The Commodity Exchanges are regulated by
a) SEBI
b)TRAI
c)RBI
None of these
c)
d)
c)T+ 1
d)T_5
d)None of these
41. As per the objectives of the 11th 5 year Plan, poverty has to be reduced by
a)10%
b)15%
c)8%
d)5%
42. As per the objectives of 11th 5 Year Plan, number of new jobs to be created are
a) 70 lakhs
b)7 crores
c)50 lakhs
d) 5 crores
43. As per the objectives of 11th 5 Year Plan, un-employment has to be reduced to less than
a)4%
b)5%
c)10%
d)8%
44. As per the objectives of 11th 5 Year Plan, growth in Farm sector has to be minimum
a)4%
b)5%
c)6%
d)7%
45. Real Estate Investment Trusts (REIT) are proposed to be set up to
a)
To facilitate Real Estate Development
b)
To facilitate loans to Real Estate Developers
c)
To facilitate small investors to derive returns on real estate investments
d)
None of these
46. The funds collected by REIT will be invested in
a)
Real Estate Business
b)
Infrastructure Projects
c)
Rent Yielding real estate assets & REMFs
d)
None of these
47. Worlds cheapest car, has been launched in India by
a)TCS
b)Tata Motors
c)Maruti Udyo
d)Ford
d)Indica
c)Indigo
49. The first person to conquer Mount Everest had died recently
a)Tengsing Nargay b) Sir Edmund Hillary
c)Kalpana Chawla
d)None of these
A
d
d
d
d
a
Q
2
12
22
32
42
A
c
b
c
b
b
Q
3
13
23
33
43
A
b
b
a
d
b
Q
4
142
24
34
44
A
d
c
d
d
a
Q
5
15
25
35
45
A
b
d
d
c
c
Q
6
16
26
36
46
A
a
b
c
b
c
Q
7
17
27
37
47
A
c
b
c
d
b
Q
8
18
28
38
48
A
d
b
c
d
a
Q
9
19
29
39
49
A
a
c
b
a
b
Q
10
20
30
40
50
A
c
c
c
c
b