MCQs
Total Questions : 398
| Page 35 of 40 pages
Answer: Option C. -> shareholders
Answer: (c)
A person having the debentures is called a debenture holder whereas a person holding the shares is called a shareholder. A shareholder subscribes to the shares of a company.
Shares are the parts of share capital. On the other hand, debenture-holders are the subscribers to debentures. Debentures are part of loans.
A shareholder or member is the joint owner of a company, but a debenture holder is only a creditor of the company.
Answer: (c)
A person having the debentures is called a debenture holder whereas a person holding the shares is called a shareholder. A shareholder subscribes to the shares of a company.
Shares are the parts of share capital. On the other hand, debenture-holders are the subscribers to debentures. Debentures are part of loans.
A shareholder or member is the joint owner of a company, but a debenture holder is only a creditor of the company.
Answer: Option A. -> Only 2
Answer: (a)
This rise in wholesale food prices was not captured by WPI as the weightage for food articles is just 14.3% compared to 65% for manufactured products in this index.
On the other hand, the weightage for food is 57% in CPI items which captures the impact of food prices better. Further, wholesale prices do not take into account the substantial margins at the retail level, which tend to rise when there are shortages.
Answer: (a)
This rise in wholesale food prices was not captured by WPI as the weightage for food articles is just 14.3% compared to 65% for manufactured products in this index.
On the other hand, the weightage for food is 57% in CPI items which captures the impact of food prices better. Further, wholesale prices do not take into account the substantial margins at the retail level, which tend to rise when there are shortages.
Question 343. Consider the following statements about Competition Commission of India.
Which of the statements given above is/are correct?
- Competition Commission of India (CCI) was established with effect from 14th october 2003.
- The goal is to combat the monopoly tendencies and faster the competition among public sector enterprises.
- CCI (Competition Commission of India) consists of a chairperson and 6 members appointed by the central government.
Which of the statements given above is/are correct?
Answer: Option D. -> All of the above
Answer: (d)
Competition Commission of India is a body of the government of India responsible for enforcing the Competition Act, 2002 throughout India and to prevent activities that have an adverse effect on competition in India. It was established on 14 October 2003.
The goal is to combat the monopoly tendencies and faster the competition among public sector enterprises. CCI (Competition Commission of India) consists of a chairperson and 6 members appointed by the central government.
Answer: (d)
Competition Commission of India is a body of the government of India responsible for enforcing the Competition Act, 2002 throughout India and to prevent activities that have an adverse effect on competition in India. It was established on 14 October 2003.
The goal is to combat the monopoly tendencies and faster the competition among public sector enterprises. CCI (Competition Commission of India) consists of a chairperson and 6 members appointed by the central government.
Answer: Option C. -> UNCTAD
Answer: (c)‘World Investment Report’ is the annual report published by the UNCTAD. Each year the report covers the latest trends in foreign direct investment around the world and analyses in depth one selected topic related to foreign direct investment and development.
Answer: (c)‘World Investment Report’ is the annual report published by the UNCTAD. Each year the report covers the latest trends in foreign direct investment around the world and analyses in depth one selected topic related to foreign direct investment and development.
Question 345. Which statement is incorrect regarding civil aviation?
- There are 20 scheduled airline operators using 334 aircraft.
- It is expected that another 350 aircraft will be added during the next five years.
- An Airport Economic Regulatory Authority (AERA) is being set up to ensure healthy competition among operators and settlement of disputes among operators as well as between them and passengers.
Answer: Option C. -> I & II
Answer: (c)
An Airport Economic Regulatory Authority (AERA) is being set up to ensure healthy competition among operators and settlement of disputes among operators as well as between them and passengers.
Answer: (c)
An Airport Economic Regulatory Authority (AERA) is being set up to ensure healthy competition among operators and settlement of disputes among operators as well as between them and passengers.
Answer: Option A. -> Oil India Ltd.
Answer: (a)
Oil sector majors, ONGC Videsh (OVL) and the Oil India-IndianOil (OIL-IOC) combine have bagged an oil block each in Libya.
This will enhance exploration possibilities for the Indian companies in northern Africa.
Answer: (a)
Oil sector majors, ONGC Videsh (OVL) and the Oil India-IndianOil (OIL-IOC) combine have bagged an oil block each in Libya.
This will enhance exploration possibilities for the Indian companies in northern Africa.
Answer: Option C. -> Rourkela Steel Plant, the first integrated steel plant in the Public Sector of India was set up with the Soviet Union collaboration.
Answer: (c)Rourkela Steel Plant (RSP) is the first intergrated steel plant in the public sector in India. It was set up with German collaboration with an installed capacity of 1 million tonnes.
Answer: (c)Rourkela Steel Plant (RSP) is the first intergrated steel plant in the public sector in India. It was set up with German collaboration with an installed capacity of 1 million tonnes.
Question 348. Consider the following statements regarding “National Pharmaceuticals Pricing Authority” (NPPA):
Select the correct answer using the code given below:
- It is under the ministry of health and family welfare
- It fixes/revises the prices of controlled drugs
- It implements the provisions of the Drug Price Control Order (DPCO)
Select the correct answer using the code given below:
Answer: Option B. -> (ii) & (iii) only
Answer: (b)
Drug Price Control Orders (DPCOs) are issued by the Government, in the exercise of the powers conferred under section 3 of the Essential Commodities Act 1955 to ensure that the medicines are listed under the National List of Essential Medicines (NELM) are available at a reasonable price to the general public.
The National List of Essential Medicines (NELM), prepared by the Ministry of Health and Family Welfare, is a list of medicines considered essential and high priority for India’s health needs. It is based on aspects like the prevalence of disease in the population, safety and efficacy of the medicine, and current affordability.
National Pharmaceuticals Pricing Authority (NPPA) is an independent body of experts constituted by the Government of India Resolution in 1997, is under the department of pharmaceuticals, ministry of chemicals and fertilizers. NPPA is responsible for fixing and revising the prices of pharmaceutical products and availability of the medicines in the country as well as the enforcement of DPCO.
The organization is also entrusted with the task of recovering amounts overcharged by manufacturers for the controlled drugs from the consumers. It also monitors the prices of decontrolled drugs in order to keep them at reasonable levels.
For regulating the prices, the ceiling prices are determined based on market-based pricing method, as the maximum mark-up that a retailer can charge over the reference price, which is the simple average of the prices of all the brands with a market share of greater than or equal to 1 per cent based on market data provided by IMS Health, a market research firm.
Answer: (b)
Drug Price Control Orders (DPCOs) are issued by the Government, in the exercise of the powers conferred under section 3 of the Essential Commodities Act 1955 to ensure that the medicines are listed under the National List of Essential Medicines (NELM) are available at a reasonable price to the general public.
The National List of Essential Medicines (NELM), prepared by the Ministry of Health and Family Welfare, is a list of medicines considered essential and high priority for India’s health needs. It is based on aspects like the prevalence of disease in the population, safety and efficacy of the medicine, and current affordability.
National Pharmaceuticals Pricing Authority (NPPA) is an independent body of experts constituted by the Government of India Resolution in 1997, is under the department of pharmaceuticals, ministry of chemicals and fertilizers. NPPA is responsible for fixing and revising the prices of pharmaceutical products and availability of the medicines in the country as well as the enforcement of DPCO.
The organization is also entrusted with the task of recovering amounts overcharged by manufacturers for the controlled drugs from the consumers. It also monitors the prices of decontrolled drugs in order to keep them at reasonable levels.
For regulating the prices, the ceiling prices are determined based on market-based pricing method, as the maximum mark-up that a retailer can charge over the reference price, which is the simple average of the prices of all the brands with a market share of greater than or equal to 1 per cent based on market data provided by IMS Health, a market research firm.
Answer: Option A. -> India ranks 4th in the world in terms of production of ceramic tiles.
Answer: (a)The given statement India ranks 4th in the world in terms of production of ceramic tiles is incorrect.
Answer: (a)The given statement India ranks 4th in the world in terms of production of ceramic tiles is incorrect.
Answer: Option A. -> Information technology
Answer: (a)NASSCOM is the organisation of companies of Information technology.
Answer: (a)NASSCOM is the organisation of companies of Information technology.
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