Tuesday Economy Quiz #13

tuesday

Hello Everyone,

Here are the set of questions on Economy. Attempt this quiz and write your answer in comment section. We will publish the result with detailed explanation at 5 PM.

Q.1)Consider the following statements:

1.White label ATMs are owned by non banking entities

2.In White Label ATM(WLA) scenario, logo displayed on ATM machine and in ATM premises pertain to WLA Operator instead of a bank

Which of the statement/s given above is/are correct?

a)1 only

b)2 only

c)Both 1 and 2

d)Neither 1 nor 2

 

Q.2)Consider the following statements:

1.FDI is permissible in Lottery Business

2.Foreign investment is reckoned as FDI only if the investment is made in equity shares

Which of the statement/s given above is/are correct?

a)1 only

b)2 only

c)Both 1 and 2

d)Neither 1 nor 2

 

Q.3)Which of the following statement is wrong with respect to FRBM act?

a)Cap on level of liabilities and guarantees of the govt.

b)Government can never breach targets whatsoever

c)Annual targets of reduction of deficits

d)All are correct statements

 

Q.4)Effective revenue deficits is defined as:

a)Fiscal deficit+grants for capital assets

b)Revenue deficit+grants for capital assets

c)Revenue deficit-grants for capital assets

d)Fiscal deficit-grants for capital assets

 

Q.5)Giffen goods are those whose: 

a)demand goes down when price increases

b)demand goes up when price decreases

c)demand goes up when price increases

d)demand renains constnat when price decreases

 

Q.6)Identify the incorrect statement/s:

1. NBFC can issue cheques to its customers.

2. Depositor insurance facility is not available for NBFC depositor.

Choose the correct answer from the codes given below

a) Only 1

b) Only 2

c) Both 1 and 2

d) None of them

 

Q.7)Chairperson of Financial stability and development council is:

a)RBI Governor

b)Union minister of finance

c)Finance secretary

d)Chief economic advisor

 

 

 


Comments

20 responses to “Tuesday Economy Quiz #13”

  1. Swagatika Avatar
    Swagatika

    I think there is no logo for white level atm. So point 2 of question number 1 can never be correct. Please rectify me if i am wrong.

  2. Swagatika Avatar
    Swagatika

    In question number 1 how the option “c” is correct?

  3. Nitesh Mishra Avatar
    Nitesh Mishra

    1. C
    2. D
    3. B
    4. C
    5. C
    6. A
    7. B

  4. Checkmate Avatar
    Checkmate

    CBBCCDB

  5. Checkmate Avatar
    Checkmate

    1.C,
    2.B,
    3.B,
    4.C,
    5.C,
    6.D,
    7.B

  6. nagaraj Avatar
    nagaraj

    cdvccdb

  7. Nishtha Narang Avatar
    Nishtha Narang

    B
    D
    A
    C
    C
    B
    B

  8. c,d,b,c,d,a,b

  9. Spectre_007 Avatar
    Spectre_007

    C
    D
    B
    C
    C
    C
    A

  10. flanker1712 Avatar
    flanker1712

    1c,2d,3b,5c,6a,7b

  11. Atul Das Avatar
    Atul Das

    C B D C C A B

  12. Minzy Bhardwaj Avatar
    Minzy Bhardwaj

    C,D,B,C,C,B,C

  13. Rudrani M Avatar
    Rudrani M

    1. C
    2. B
    3. D
    4. C
    5. C
    6. C
    7. B

  14. cdccdbb

  15. 1c
    2d
    3b
    4c
    5cd
    6b
    7b

  16. AlphaAdroit Avatar
    AlphaAdroit

    1-C, 2-B, 3-B, 4-C, 5-C, 6-A, 7-B

  17. Chetan Avatar
    Chetan

    C
    D
    B
    C
    C and D!
    A
    B

  18. Monica Avatar
    Monica

    C d b b c a b

  19. Last Bench Avatar
    Last Bench

    1c, 2d, 3b, 4c, 5c, 6a, 7b.

  20. 1c,2d,3b,4d,5d,6a,7a

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