Indian Economy MCQs

Indian Economy Multiple Choice Questions (MCQs) for SSC, State and all One Day Examinations of India. Objective Questions on Indian Economy for competitive examinations. These questions are part of GKToday’s 35000+ MCQs Bank Course in GKToday Android App

11. Which among the following closest instrument to Gold ETF? 

[A] Debenture
[B] G-Sec security
[C] Mutual Fund
[D] Commercial Paper

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12. Which of the following is used to denote broad money? 

[A] M1
[B] M2
[C] M3
[D] M4

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13. Which of the following is the apex financial institution responsible for development of Micro, Small and Medium Enterprises in India?

[A] IDBI
[B] SIDBI
[C] NABARD
[D] EXIM

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14. Consider the following elements:

  1. Angel investors
  2. Incubators
  3. Crowd funding
  4. Seed accelerators

Which of the above are elements of start-up ecosystem?

[A] 1, 2 & 3 Only
[B] 2, 3 & 4 Only
[C] 1, 3 & 4 Only
[D] 1, 2, 3 & 4

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15. What is the full form of EMI?

[A] Equal Monthly Installment
[B] Equated Monthly Installment
[C] Equal Monthly Income
[D] Equated Monthly Incentive

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16. Personal Loans are also called as by which of the following names?

[A] Signature Loans
[B] Unsecured Loans
[C] Consumer Loans
[D] All of the Above

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17. Which of the following organizations is the Mutual Fund market regulator in India?

[A] SEBI
[B] RBI
[C] ICICI
[D] CIBIL

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18. India has the monopoly in the International market in supply which of the following commodities?

[A] Iron
[B] Bauxite
[C] Mica
[D] Copper

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19. Which pay is reckoned as emoluments for pension and gratuity?

[A] Grade pay
[B] Basic pay
[C] Gross pay
[D] None of the above

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20. Consider the following statements:
I. If a person looks at a coin which is in a bucket of water, the coin will appear to be closer than it really is.
II. If a person under water looks at a coin above the water surface, the coin will appear to be at a higher level than it really it.
Which of the above statements is/are correct?

[A] I and II
[B] I alone
[C] II alone
[D] Neither I nor II

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