UPSC Prelims Marathon 26th March – Capital Market in India – 2024

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We are posting prelims marathon MCQs for today. In this initiative, you can attempt 10 subjective MCQs daily. Daily Quiz UPSC Prelims Marathon 26 Mar Capital Market in India

 For schedule, refer to the archive link given below. Best UPSC institute In Delhi,

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Correct Answer : 2

Wrong Answer : -0.66

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Question No. 1

Consider the following statements regarding “Agriculture Insurance Company of India Limited (AICIL)”:
1.It is a dedicated agri-insurance company.
2.It is responsible for looking after the PMFBY (Prime Minister Fasal Bima Yojana).
Which of the statements given above is/are correct?

A1 only

B2 only

CBoth 1 and 2

DNeither 1 nor 2

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Question No. 2

Which of the following committee was related to insurance reforms?

ANarsimhan

BVivek debroy

CRangarajan

DR. N. Malhotra

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Question No. 3

Which of the following organization/s was/were subsumed to form “Deposit Insurance and Credit Guarantee Corporation (DICGC)?
1.Deposit Insurance Corporation
2.Credit Guarantee Corporation
3.General Insurance Corporation of India
How many of the statements given above are correct?

AOnly one

BOnly two

COnly three

DNone

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Question No. 4

Which of the following is/are reason/s for low penetration of insurance sector?
1.Complex and delayed claim settlement procedures
2.Lack of education and awareness among the masses
3.Lower income levels of the population
How many of the statements given above are correct?

AOnly one

BOnly two

COnly three

DNone

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Question No. 5

Consider the following statements:
1.The market in which the instruments of security market are traded directly between the capital-raiser and the instrument purchaser is known as the primary market.
2.The market where the instruments of security market are traded among the primary instrument holders is known as the secondary market.
Which of the statements given above is/are incorrect?

A1 only

B2 only

CBoth 1 and 2

DNeither 1 nor 2

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Question No. 6

Consider the following statements regarding “National Stock Exchange of India Ltd. (NSE)”:
1.It was set up in 1952.
2.It has a 50-share index and a 500-share index known as S&P CNX-50 (Nifty Fifty) and S&P CNX-500.
Which of the statements given above is/are incorrect?

A1 only

B2 only

CBoth 1 and 2

DNeither 1 nor 2

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Question No. 7

Which of the following indice/s is/are connected with “Bombay Stock Exchange Ltd. (BSE)”?
1.Sensex
2.BSE – 200
3.National index
How many of the statements given above are correct?

AOnly one

BOnly two

COnly three

DNone

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Question No. 8

Consider the following statements:
1.A broker is a registered member of a stock exchange who buys or sells shares/securities on his client’s behalf and charges a commission on the gross value of the deal.
2.A jobber is a broker’s broker or one who specializes in specific securities catering to the need of other brokers.
Which of the statements given above is/are correct?

A1 only

B2 only

CBoth 1 and 2

DNeither 1 nor 2

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Question No. 9

Consider the following statements regarding “Security and Exchange Board of India (SEBI)”:
1.Initially it was set up as a non-statutory body.
2.Its initial paid-up capital was Rs. 5000 crores.
Which of the statements given above is/are correct?

A1 only

B2 only

CBoth 1 and 2

DNeither 1 nor 2

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Question No. 10

Consider the following statements:
1.The Forward Markets Commission is a statutory body set up under the Forward Contracts (Regulation) Act, 1952.
2.It functions under the administrative control of the Department of Consumer Affairs, Ministry of Consumer Affairs, Food & Public Distribution.
Which of the statements given above is/are correct?

A1 only

B2 only

CBoth 1 and 2

DNeither 1 nor 2

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