Exams.RecruitmentIndia.in

A Learning Portal from Recruitment India

Home » GK » Economy

Which among the following is correct about an Equity Fund?

A. 

It gives fixed returns

B. 

It invests primarily in shares

C. 

It invest in both debt and shares

D. 

It assures growth in value

Answer
Workspace
Report
Discuss

What is the Value Added Tax (VAT)?

A. 

A single tax that replaces State Taxes like surcharge, turnover tax, etc.

B. 

A simple, transparent, easy to pay tax imposed on consumers.

C. 

A new initiative taken by the government to increase the tax burden of high income groups.

D. 

A new tax to be imposed on the producers of capital goods.

Answer
Workspace
Report
Discuss

Which among the following state has highest number of Export Oriented Units in India?

A. 

Tamil Nadu

B. 

Maharastra

C. 

Karnataka

D. 

Andhra Pradesh

Answer
Workspace
Report
Discuss

Which among the following is the major marine food export item of India ?

A. 

Frozen Fish

B. 

Frozen Shrimp

C. 

Frozen Crabs

D. 

Cephalopods

Answer
Workspace
Report
Discuss

Bonds issued by NABARD have the following risk weight assigned to them?

A. 

0%

B. 

2.5%

C. 

15%

D. 

25%

Answer
Workspace
Report
Discuss

In India, which among the following decides the savings bank rate?

A. 

Central Government

B. 

State Governments

C. 

Reserve Bank of India

D. 

Commercial Banks

Answer
Workspace
Report
Discuss

Who among the following has written the book “Growth & Finance”?

A. 

Amartya Sen

B. 

C Rangrajan

C. 

K Subba Rao

D. 

Bimal Jalan

Answer
Workspace
Report
Discuss

Who among the follwoing is known to have mooted the idea of Food Coupons?

A. 

Kaushik Basu

B. 

Nandan Nilkeni

C. 

V Subbarao

D. 

C Rangrajan

Answer
Workspace
Report
Discuss

A Public Debt Office works as investment banker to the

A. 

Government

B. 

RBI

C. 

Commercial Banks

D. 

Public

Answer
Workspace
Report
Discuss

Which among the following is the correct full form of the export promotion scheme DEPB

A. 

Duty Entitlement Passbook

B. 

Duty Entitlement programme

C. 

Duty Elimination Passbook

D. 

Duty-free Entitlement Passbook

Answer
Workspace
Report
Discuss

Which among the following body regulates Mutual Funds in India?

A. 

AMFI

B. 

NABARD

C. 

SEBI

D. 

RBI

Answer
Workspace
Report
Discuss

Who among the following was the chairman Financial Sector Legislative Reforms Commission (FSLRC)?

A. 

Justice B N Srikrishna

B. 

Justice Debi Prasad Pal

C. 

Justice Shivraj V patil

D. 

Prof. Y H Malegam

Answer
Workspace
Report
Discuss

In context with banking, what is the correct full form of ADF?

A. 

Additional Debt Finance

B. 

Automated Data Flow

C. 

Automatic Data Function

D. 

Automatic Debt Function

Answer
Workspace
Report
Discuss

Economic growth is normally coupled with?

A. 

Stagflation

B. 

Deflation

C. 

Hyper Inflation

D. 

Inflation

Answer
Workspace
Report
Discuss

Portion of deposits banks have to park with RBI is called

A. 

CASA Ratio

B. 

Cash Reserve Ratio

C. 

Capital Adequacy Ratio

D. 

Statutory Reserve Ratio

Answer
Workspace
Report
Discuss
Correct Answer 👍
Wrong Answer 👎