Indian Capital Financial Markets – 1 – 2

6. Which body in India does the regulation of Insurance Sector ?

(a) DFHI
(b) CII
(c) SEBI
(d) 
IRDA

ANSWER
Answer : (d)

EXPLANATION
No answer description available for this question. Let us discuss.

7. What is ‘NIKKEI’ ?

(a) Share Price Index of Tokyo Share Market
(b) Name of Japanese Central Bank
(c) Japanese name of country’s planning commission
(d) 
Foreign exchange market of Japan

ANSWER
Answer : (a)

EXPLANATION
No answer description available for this question. Let us discuss.

8. For regulation of insurance trade in the country the Government has formed :

(a) SEBI
(b) RBI
(c) IRDA
(d) 
GIC

ANSWER
Answer : (c)

EXPLANATION
No answer description available for this question. Let us discuss.

9. In the context of Indian economy, ‘Open Market Operations’ refers to :

(a) borrowing by scheduled banks from the RBI
(b) lending by commercial banks to industry and trade
(c) purchase and sale of government securities by the RBI
(d) 
None of the above

ANSWER
Answer : (c)

EXPLANATION
No answer description available for this question. Let us discuss.

10. Tarapore committee submitted its report on ‘Full Convertibility on Rupee’ in :

(a) Current account
(b) Capital account
(c) Both a and b
(d) 
Special drawing Rights (SDR)

ANSWER
Answer : (b)

EXPLANATION
No answer description available for this question. Let us discuss.

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