Practice Test

Q1) Gradual decrease in government command and control over the economic policies is Show Answer

Q2) Taking off restrictions on export and import of goods and services is Show Answer

Q3) Transfer of government ownership to private hands is Show Answer

Q4) Chanakya authored the book Show Answer

Q5) David Easton propounded a model on politics policy relationship known as __________ model. Show Answer

Q6) GST was implemented in India with effect from Show Answer

Q7) Public policies are always __________ oriented. Show Answer

Q8) __________ policies curtail all benefits in some particular issue. Show Answer

Q9) __________ model of Government has a strong private sector. Show Answer

Q10) practices regulate the activities of a particular sector of economy. Show Answer

Q11) OCB stands for Show Answer

Q12) Selling of shares of Public Sector Enterprises to public is Show Answer

Q13) FDI Stands for Show Answer

Q14) FDI is prohibited in India in Show Answer

Q15) FII stands for Show Answer

Q16) FEMA replaced FERA as legislation in: Show Answer

Q17) The form of privatization, where government keeps hold of responsibility and private enterprise handles the management of it fully or partly is known as: Show Answer

Q18) A __________ emanates from decision and decision is taken in line with __________. Identify the right expression to fill in the blanks Show Answer

Q19) In order to take a decision, there must be __________ course of action. Fill in the blank space with appropriate expression. Show Answer

Q20) The method of FDI other than Automatic route is called : Show Answer

Q21) Hyundai India Limited came to India through the FDI route. It followed the path of: Show Answer

Q22) ______ is a course or principle of action adopted or proposed by an organization or individual. Show Answer

Q23) Who was the regulatory body for controlling financial affairs in India before SEBI? Show Answer

Q24) MNCs have to align their operations according to the _____ of those nations where from they operate. Show Answer

Q25) Identify the one which may be considered as a public policy: Show Answer

Q26) Public Policies on monetary aspects, economy, market, taxes etc, are reflected in Show Answer

Q27) ___________ is a plan or course of action, of a Government, intended to influence and determine decisions, actions, and other matters Show Answer

Q28) Which of the following statement is correct? Show Answer

Q29) Public Policies are always __________. Fill in the gap by taking the appropriate expression from the following : Show Answer

Q30) Targets of the Government is called - Show Answer

Q31) Policy is concerned with the - Show Answer

Q32) Act of making choice is called Show Answer

Q33) Gabriel Almond popularized the idea of a - Show Answer

Q34) David Easton propounded a Model on Politics-Policy Relationship known as - Show Answer

Q35) OCBs mean: Show Answer

Q36) The Governments try to look for some avenues to look for a feedback process towards Public Policy. These processes are known as - Show Answer

Q37) Policies based on nature of economy is classified as- Show Answer

Q38) FEMA replaced FERA as legislation in: Show Answer

Q39) Which of the following is not an example of Public Policy? Show Answer

Q40) When was SEBI constituted? Show Answer

Q41) Public Policies are classified as - Show Answer

Q42) NABARD refinances the financial institutions which finances the ____ Show Answer

Q43) Waiving of farm loans is an example of - Show Answer

Q44) How many members of SEBI should be from RBI? Show Answer

Q45) Establishment of Central Board of Film Certification is an example of - Show Answer

Q46) Reforms in Dowry Act and Divorce Act are the examples of: Show Answer

Q47) The process by which a legislative proposal is brought before a law making body and then translated into the law of the land is called - Show Answer

Q48) Law making body at the Central Level in India - Show Answer

Q49) Law making body at the State Level in India - Show Answer

Q50) Where can be first appeal against SEBI be made? Show Answer

Q51) The Lower House in State Legislature - Show Answer

Q52) The Upper House in State Legislature - Show Answer

Q53) when a state has both Vidhan Sabha and Vidhan Parishad, the Proposed Bills should be passed Show Answer

Q54) Decisions on annual financial spending, Taxes and Duties and Military spending are considered in: Show Answer

Q55) The Economic Change Process is characterized by - Show Answer

Q56) Who regulates the currency in the country? Show Answer

Q57) The Economic Policy which refers to the gradual decrease in Government command and control over the economic policies - Show Answer

Q58) Transfer of Government Ownership to private hands is called - Show Answer

Q59) Which of the following institutions has been scrapped recently? Show Answer

Q60) Which of the following is an impact of Liberalization? Show Answer

Q61) Privatization may have an adverse effect on - Show Answer

Q62) Who cannot be a Foreign Direct Investor? Show Answer

Q63) In India, Foreign Investments is prohibited in - Show Answer

Q64) The form of privatization, where government keeps hold of responsibility and private enterprise handles the management of it fully or partly is known as: Show Answer

Q65) In case of Maruti Suzuki, the Union Government surrendered partial ownership and sold the majority stake to Suzuki of Japan in course of time. This is a case of: Show Answer

Q66) RBI Nationalized in _______. Show Answer

Q67) Which of the following is not a development bank? Show Answer

Q68) In case of NOCIL (National Organic Chemicals Industries Limited), the Reliance Industries Limited as a private enterprise expanded and gradually displaced the government entity. It was a case of: Show Answer

Q69) Blackrock invested 30 million USDs as a portfolio investor in Indian stock market. This may be a case of: Show Answer

Q70) Identify which of these is not a function of the Central Bank Show Answer

Q71) In order to take a decision, these must be _______ course of action. Fill in the blank space with appropriate expression. Show Answer

Q72) Simplification of trade restrictions related to import is an example of: Show Answer

Q73) When a Company publicly sells new stocks and bonds for the first time, it does so in - Show Answer

Q74) Hyundai India Limited came t India through the FDI route. It followed the path of: Show Answer

Q75) A situation in a market in which Sellers independently strive for the Buyers? patronage, in order to achieve certain business objective Show Answer

Q76) Increase in Competition leads to - Show Answer

Q77) After independence, India followed a: Show Answer

Q78) The process of economic liberalization in India began mainly in Show Answer

Q79) Partial or complete sale of a public sector enterprise is called Show Answer

Q80) Integration of national economies into a world economy is known as: Show Answer

Q81) The initial trigger for the policy of economic liberalization in India in 1991 was Show Answer

Q82) Which of the following is an example of industrial reforms: Show Answer

Q83) ________ is a course or principle of action adopted or proposed by an organization or individual. Show Answer

Q84) Who was the regulatory body for controlling financial affairs in India before SEBI? Show Answer

Q85) MNCs have to align their operations according to the _____ of those nations where from they operate. Show Answer

Q86) Identify the one which may be considered as a public policy: Show Answer

Q87) Public Policies on monetary aspects, economy, market, taxes etc. are reflected in Show Answer

Q88) _______ is a plan or course of action, of a Government, intended to influence and determine decisions, actions, and other matters. Show Answer

Q89) Which of the following statement is correct? Show Answer

Q90) Public Policies are always __________. Fill in the gap by taking the appropriate expression from the following: Show Answer

Q91) Targets of the Government is called - Show Answer

Q92) Policy is concerned with the - Show Answer

Q93) Act of making choice is called Show Answer

Q94) Gabriel Almond popularized the idea of a Show Answer

Q95) David Easton propounded a Model on Politics-Policy Relationship known as - Show Answer

Q96) OCBs mean: Show Answer

Q97) The Governments try to look for some avenues to look for a feedback process towards Public Policy. These processes are known as - Show Answer

Q98) Policies based on nature of economy is classified as - Show Answer

Q99) FEMA replaced FERA as legislation in: Show Answer

Q100) Which of the following is not an example of Public Policy? Show Answer

Q101) When was SEBI constituted? Show Answer

Q102) Public Policies are classified as - Show Answer

Q103) NABARD refinances the financial institutions which finances the ________ Show Answer

Q104) Waiving of farm loans is an example of - Show Answer

Q105) How many members of SEBI should be from RBI? Show Answer

Q106) Establishment of Central Board of Film Certification is an example of- Show Answer

Q107) Reforms in Dowry Act and Divorce Act are the examples of: Show Answer

Q108) The process by which a legislative proposal is brought before a law making body and then translated into the law of the land is called - Show Answer

Q109) NABARD serves as an apex financing agency for the institutions providing investment and production credit for promoting the various developmental activities in ________ Show Answer

Q110) Law making body at the Central Level in India - Show Answer

Q111) Law making body at the State Level in India - Show Answer

Q112) Where can the first appeal against SEBI be made? Show Answer

Q113) The Lower House in State Legislature - Show Answer

Q114) The Upper House in State Legislature - Show Answer

Q115) The EXIM bank does not perform one of the following functions: Show Answer

Q116) When a State has both Vidhan Sabha and Vidhan Parishad, the Proposed Bills should be passed - Show Answer

Q117) The Economic Change Process is characterized by - Show Answer

Q118) Who regulates the currency in the country? Show Answer

Q119) The Economic policy which refers to the gradual decrease in Government command and control over the economic policies Show Answer

Q120) NABARD is the most important institution in the country which looks after the development of the Show Answer

Q121) Transfer of Government Ownership to private hands is called - Show Answer

Q122) Which of the following institutions has been scrapped recently? Show Answer

Q123) Which of the following is an impact of Liberalization? Show Answer

Q124) Who of the following is not primarily a profit seeking institution? Show Answer

Q125) Privatization may have an adverse effect on - Show Answer

Q126) The RBI has been vested with extensive power to control and supervise commercial banking system under which Act? Show Answer

Q127) FDI involves the acquisition of atleast ______ of the voting power in an Enterprise by Foreign Investors. Show Answer

Q128) Who cannot be a Foreign Direct Investor? Show Answer

Q129) The Reserve Bank of India being the Central Bank of India performs all the central banking functions. Which one of the following is not the functions of RBI? Show Answer

Q130) A Watch Company of Malaysia investing in a textile Company in India is an example of Show Answer

Q131) Which one of the following is not the role of the Competition Commission of India? Show Answer

Q132) _______ is a process in which the Resident of one Country acquires ownership of Financial Assets / Securities in another Country. Show Answer

Q133) When was IRDAI constituted? Show Answer

Q134) Which of the following statements is not true about FPI Show Answer

Q135) In India, Foreign Investments is prohibited in Show Answer

Q136) The form of privatization, where government keeps hold of responsibility and private enterprise handles the management of it fully or partly is known as: Show Answer

Q137) A category of Facilitators, who operate to ease the doing of business Show Answer

Q138) Which Section of IRDAI Act, 1999 lays down the duties, powers and functions of IRDAI? Show Answer

Q139) An example of Point of Contact (POC) Business Facilitators Show Answer

Q140) SIDBI caters to the needs of Show Answer

Q141) SEBI, RBI and IRDA are Show Answer

Q142) Which of the following is not a function of SIDBI?function of SIDBI? Show Answer

Q143) Who is the custodian of the nation's foreign exchange reserves? Show Answer

Q144) The Subsidiary of SIDBI that enables faster realisation of receivables by MSMEs Show Answer

Q145) Which of the following statements about RBI is incorrect? Show Answer

Q146) EXIM Bank acts as an apex Banking Institution in - Show Answer

Q147) The RBI has been vested with extensive power to control and supervise commercial banking system under the- Show Answer

Q148) EXIM Bank activities include Show Answer

Q149) A ________ emanates from decision and decision is taken in line with ________identify the right expression to _II in the blanks: Show Answer

Q150) Which of the following is not a function of EXIM Bank? Show Answer

Q151) For the discharge of its functions efficiently, SEBI has been vested with the following powers: Show Answer

Q152) Provision of finance for agriculture is now handled by Show Answer

Q153) What is the constitution of Competition Commission of India? Show Answer

Q154) NABARD is a - Show Answer

Q155) SEBI has several functions rolled into one body. Which one of the following is not the function of SEBI? Show Answer

Q156) Which of the following is not correct about RBI? Show Answer

Q157) In case of Maruti-Suzuki, the Union Government surrendered partial ownership and sold the majority stake to Suzuki of Japan in course of time. This is a case of: Show Answer

Q158) RBI Nationalized in ______ Show Answer

Q159) Which of the following is not a development bank? Show Answer

Q160) Central Bank is one which constitutes the - Show Answer

Q161) In case of NOCIL (National Organic Chemicals Industries Limited), the Reliance Industries Limited as a private enterprise expanded and gradually displaced the government entity. It was a case of Show Answer

Q162) Which of the following is the monetary authority of a country? Show Answer

Q163) The Industrial Finance Corporation of India (IFCI) was established in which year? Show Answer

Q164) Identify which of these is not a function of the Central Bank. Show Answer

Q165) Blackrock invested 30 million USDs as a portfolio investor in Indian stock market. This may be a case of Show Answer

Q166) Identify which of these is not a function of the Central Bank. Show Answer

Q167) In order to take a decision, there must be _______ course of action. Fill in the blank space with appropriate expression. Show Answer

Q168) Identify which of these is not a function of the Central Bank. Show Answer

Q169) Which of the following is not the function of RBI. Show Answer

Q170) FDI in sectors /activities which do not require any prior approval either of the Government or the Reserve Bank of India is identified as: Show Answer

Q171) Since when has IFCI been converted into a private limited company? Show Answer

Q172) Which of the following statements about Central Bank is incorrect? Show Answer

Q173) SEBI has to be responsive to the needs of groups, which constitute the market: Show Answer

Q174) The currect CRR is Show Answer

Q175) Which one of the following statements is incorrect? Show Answer

Q176) The currect SLR is - Show Answer

Q177) Which of the following statements about IFCI is not true? Show Answer

Q178) Which of the following is a quantitative measure of credit policy Show Answer

Q179) The method of FDI other than Automatic route is called : Show Answer

Q180) Which of the following is a quantitative measure of credit policy Show Answer

Q181) Which of the following is a direct beneficiary of IFCI? Show Answer

Q182) The rate of interest at which the RBI lends to Banks Show Answer

Q183) FIPB stands for: Show Answer

Q184) Bank Rate at 1% = Show Answer

Q185) Which institution has been recently designated as a nodal agency for "Scheme of Credit Enhancement Guarantee for Scheduled Caste entrepreneurs"? Show Answer

Q186) If current Bank Rate is 9% and RBI decreases it by 10 basis points, the New Rate will be Show Answer

Q187) ______ is rate at which Banks borrow money from the RBI against pledging or sale of Government Securities to RBI. Show Answer

Q188) _______ is the rate of interest offered by RBI, when Banks deposit their Surplus Funds with the RBI for short periods. Show Answer

Q189) Which of the following, set up in 1990, is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium enterprise sector? Show Answer

Q190) SEBI stands for- Show Answer

Q191) Identify the sector where, FDI is not permitted: Show Answer

Q192) Headquarter of SEBI is located at Show Answer

Q193) Which among the following complaints not dealt by SEBI Show Answer

Q194) The Chairman of SEBI shall be appointed by the Show Answer

Q195) SIDBI does not function as a Nodal/ Implementing Agency to which ministry of the Government: Show Answer

Q196) How many officials of RBI shall be members of the SEBI Board? Show Answer

Q197) Duties of SEBI does not include Show Answer

Q198) Which bank took over the operations of the international finance wing of IDBI, and became the principal _nancial institution in the field of international trade in India? Show Answer

Q199) Which of the following groups does not constitute the Securities Market? Show Answer

Q200) SEBI has its Western Regional Office in: Show Answer

Q201) SEBI's functions are classified as Show Answer

Q202) Sale of 50% stake in a PSU to a single private sector company is an example of: Show Answer

Q203) Appeal against SEBI's Orders lies to the Show Answer

Q204) Which of the given statements does not stand true for EXIM Bank? Show Answer

Q205) When a Company publicly sells new stocks and bonds for the first time, it does so in Show Answer

Q206) Example of Secondary Market Show Answer

Q207) Where is the headquater of NABARD? Show Answer

Q208) Power of SEBI under the SEBI Act Show Answer

Q209) Large number of SHGs have been linked to credit, resulting in an important Indian tool for microfinance, by the endeavour of: Show Answer

Q210) Under the SCRA, the SEBI has power to Show Answer

Q211) A situation in a market in which Sellers independently strive for the Buyers' patronage, in order to achieve certain business objective Show Answer

Q212) Increase in Competition leads to Show Answer

Q213) The regional office of SEBI is not located in: Show Answer

Q214) The situation where products perform the same function and compete against each other is called - Show Answer

Q215) FDI is allowed in: Show Answer

Q216) ________ is the conflict between vendors whose products or services are not the same, but that could satisfy the same consumer need. Show Answer

Q217) Which one of the following is an Indian regulatory body that facilitates business organizations? Show Answer

Q218) IRDAI stands for - Show Answer

Q219) _______ is an Indian Development Bank. Show Answer

Q220) Which of the following statements is true? IRDAI comprises of Show Answer

Q221) After independence, India followed a: Show Answer

Q222) FDI Limit in Insurance Sector is Show Answer

Q223) Which of the following is not an Indian Development Bank? Show Answer

Q224) Government holds responsibility as private sector handles fully and partly the product and services. Show Answer

Q225) Globalization means: Show Answer

Q226) Which of the following is correct? Show Answer

Q227) IFCI stands for: Show Answer

Q228) NITI Aayog replaced: Show Answer

Q229) ............... makes the trade between two countries more difficult or expensive. Show Answer

Q230) 100% FDI investment allowed in which year? Show Answer

Q231) Which of the following is a type of economic system? Show Answer

Q232) ............... is a process of eliminating unnecessary controls and restrictions on smooth functioning of business enterprise. Show Answer

Q233) Liberalisation does not include: Show Answer

Q234) Following is not an objective of privatisation. Show Answer

Q235) Economic Policies are framed by Show Answer

Q236) The partial or full disposal of an investment or asset through sale, exchange, closure or bankruptcy is called as Show Answer

Q237) Policies which facilitates an activity are known as Show Answer

Q238) Policies that curtail all benefits in some particular issue are Show Answer

Q239) Public policy is whatever government chooses to do or not to do was said by Show Answer

Q240) Which of the following is/are the characteristics of a good public policy Show Answer

Q241) OCBs stands for Show Answer

Q242) MIGA stands for Show Answer

Q243) Policies meant for specific segments of society are called Show Answer

Q244) The private enterprise expands and gradually displaces the government entity. This concept is known as Show Answer

Q245) FEMA replaces the FERA as legislation in Show Answer

Q246) SEBI, IRDA, RBI all are examples of Show Answer

Q247) Full form of NOCIL Show Answer

Q248) In which of the following sectors Foreign Direct Investment is not allowed Show Answer

Q249) Foreign Direct Investment is allowed in Show Answer

Q250) Which of the following is type of Public Policies. Show Answer

Q251) LPG stands for Show Answer

Q252) 50 % or more of shares are transferred to private entities : Show Answer

Q253) FDI prohibited at both routes : Show Answer

Q254) FDI is all owed in : Show Answer

Q255) In which of the following policy curtail all benefits ? Show Answer

Q256) The formation of National Skills and Development Corporation (NSDC) is an example of which of the following type of public policy ? Show Answer

Q257) Taking of restrictions in import and export of goods is : Show Answer

Q258) Selling of a portion of ownership from public enterprise to private parties : Show Answer

Q259) In which of the following FDI is prohibited under both the government route as well as the automatic route ? Show Answer

Q260) Where there is no approval through automatic route for FDI the company has to seek permission from : Show Answer

Q261) Industrial policy was first reformed through : Show Answer

Q262) FII preter to Park then funds to fuel which type of market ? Show Answer

Q263) In which of the following sector, FDI is prohibited in India ? Show Answer

Q264) Which of the following is an example of facilitating policy ? Show Answer

Q265) Type of privatization, where government keeps hold of responsibility and private enterprise handles fully or partly the delivery of product and services through contract franchise, grant, etc. is known as : Show Answer

Q266) Which of the following is not a source of infusion of Foreign Funds in India ? Show Answer

Q267) Which of the following is one of the most significant macro policy indicator that impact business ? Show Answer

Q268) Which policies are meant for specific segment of society it can be in the area of public distribution to people below poverty line, police for woman etc ? Show Answer

Q269) Government reduction in MTNL and BSNL is an example of - Show Answer

Q270) FDI is not allowed in ___. Show Answer

Q271) Privatisation may not be of conceptulised in form of -
Show Answer

Q272) FDI in sector / activities which require prior approval either of the government or the RBI are.
Show Answer

Q273) NSDC is which type of policy
Show Answer

Q274) Akbar introduced land reform under the leadership of - Show Answer

Q275) In which year first industrial policy come Show Answer

Q276) In which year first 5 year plan was introduced ? Show Answer

Q277) FDI is prohibited in sectors except Show Answer

Q278) National governments looks for sustainable investment
Show Answer