MCQs
Total Questions : 398
| Page 11 of 40 pages
Question 101. Which statement is correct regarding FERA 1973?
- The Foreign Exchange and Regulation Act (FERA) was passed in 1980.
- This resulted in a tremendous shift in the foreign investment policy of the Government of India.
- Foreign Investment was allowed in only those industries that were directly into exports.
Answer: Option A. -> II & III
Answer: (a)
The Foreign Exchange and Regulation Act (FERA) was passed in 1973. This resulted in a tremendous shift in the foreign investment policy of the Government of India.
Foreign Investment was allowed in only those industries that were directly into exports.
Answer: (a)
The Foreign Exchange and Regulation Act (FERA) was passed in 1973. This resulted in a tremendous shift in the foreign investment policy of the Government of India.
Foreign Investment was allowed in only those industries that were directly into exports.
Answer: Option C. -> I – c, II – d, III – a, IV – b
Answer: (c)
Answer: (c)
Question 103. In the context of the present ceiling on investment for categorization of various enterprises as Micro, Small and Medium Manufacturing Enterprises (MSMEs), which of the following statements are correct:
- A microenterprise is an enterprise where the investment in equipment does not exceed Rs. 25 lakh.
- A small enterprise is an enterprise where the investment in equipment is more than Rs. 25 lakh but does not exceed Rs. 5 crores.
- A medium enterprise is an enterprise where the investment in equipment is more than Rs. 5 crore but does not exceed Rs. 10 crore.
Answer: Option D. -> All of them
Answer: (d)
Answer: (d)
Answer: Option C. -> 1 and 2
Answer: (c)
M-Pesa is a mobile money transfer and payment service that is a joint initiative of Vodafone and ICICI that allows customers to transfer money to any mobile phone, remit money to any bank account, make utility payments, recharge of mobile, DTH payment and earn interest on deposits.
Answer: (c)
M-Pesa is a mobile money transfer and payment service that is a joint initiative of Vodafone and ICICI that allows customers to transfer money to any mobile phone, remit money to any bank account, make utility payments, recharge of mobile, DTH payment and earn interest on deposits.
Question 105. Consider the following statements regarding multi-brand FDI in retail:
Select the correct answer using the code given below:
- 51% FDI is allowed in inventory-based model of e-commerce
- 51% FDI is allowed in brick and mortar model
- 100% FDI is allowed in all models for food products sourced from Indian farmers or manufactured in India
Select the correct answer using the code given below:
Answer: Option B. -> (ii) & (iii) only
Answer: (b)
But, 100% FDI is allowed in all models of retail for food products sourced from Indian farmers or processed/manufactured in India. This has been allowed thinking about the farmers in India.
Answer: (b)
But, 100% FDI is allowed in all models of retail for food products sourced from Indian farmers or processed/manufactured in India. This has been allowed thinking about the farmers in India.
Question 106. What is/are the facility/facilities the beneficiaries can get from the services of Business Correspondent (Bank Saathi) in branchless areas?
- It enables the beneficiaries to draw their subsidies and social security benefits in their villages.
- It enables the beneficiaries in the rural areas to make deposits and withdrawals.
Answer: Option A. -> Both 1 and 2
Answer: (a)Besides giving access to banking, it also enables government subsidies and social security benefits to be directly credited to the accounts of the beneficiaries, enabling them to draw the money from the bank saathi or business correspondents in their village itself.
Answer: (a)Besides giving access to banking, it also enables government subsidies and social security benefits to be directly credited to the accounts of the beneficiaries, enabling them to draw the money from the bank saathi or business correspondents in their village itself.
Answer: Option C. -> IPCL is India’s largest petrochemical company
Answer: (c)ONGC is India’s largest petrochemical company. IPCL is the second largest petrochemical company.
Answer: (c)ONGC is India’s largest petrochemical company. IPCL is the second largest petrochemical company.
Answer: Option C. -> IDBI
Answer: (c)
Answer: (c)
Answer: Option C. -> Construction
Answer: (c)Construction falls in infrastructure sector Infra structure sector includes– roads, railways, ports, airports, electricity, telecommunications, irrigation and pipelines etc.
Answer: (c)Construction falls in infrastructure sector Infra structure sector includes– roads, railways, ports, airports, electricity, telecommunications, irrigation and pipelines etc.
Answer: Option C. -> 1, 3 and 4
Answer: (c)The factors which are responsible for an industry are capital investment, labour force and power consumption. However, nature and size of business is not determined by the turnover of business.
Answer: (c)The factors which are responsible for an industry are capital investment, labour force and power consumption. However, nature and size of business is not determined by the turnover of business.
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