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DAILY STATIC QUIZ will cover all the topics of Static/Core subjects – Polity, History, Geography, Economics, Environment and Science and technology.
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Consider the following statements regarding SEBI:
Which of the statements given above is/are NOT correct?
Solution (d)
SEBI deals with the registration and regulation of working of Mutual Funds.
Hence Statement 1 is correct.
For the protection of investors SEBI can prohibit any company from issuing prospectus, any offer document, or advertisement soliciting money from the public for the issue of securities.
Hence Statement 2 is correct.
Solution (d)
SEBI deals with the registration and regulation of working of Mutual Funds.
Hence Statement 1 is correct.
For the protection of investors SEBI can prohibit any company from issuing prospectus, any offer document, or advertisement soliciting money from the public for the issue of securities.
Hence Statement 2 is correct.
Consider the following statements regarding Pension Fund Regulatory and Development Authority (PFRDA):
Which of the statements given above is/are correct?
Solution (c)
PFRDA Act shall apply to all pension schemes which are not regulated by any other enactment.
Hence Statement 1 is correct.
The provisions of PFRDA Act hall not apply to the schemes under Employees’ Provident Funds and Miscellaneous Provisions Act, 1952.
Hence Statement 2 is correct.
Solution (c)
PFRDA Act shall apply to all pension schemes which are not regulated by any other enactment.
Hence Statement 1 is correct.
The provisions of PFRDA Act hall not apply to the schemes under Employees’ Provident Funds and Miscellaneous Provisions Act, 1952.
Hence Statement 2 is correct.
Consider the following statements
Which of the statements given above is/are correct?
Solution (b)
Treasury bills are those Government Securities which usually have a maturity period of less than one year.
Hence Statement 1 is incorrect.
Government Securities (G-Secs) carry practically no risk of default and, hence, are called risk-free gilt-edged instruments.
Hence Statement 2 is correct.
Solution (b)
Treasury bills are those Government Securities which usually have a maturity period of less than one year.
Hence Statement 1 is incorrect.
Government Securities (G-Secs) carry practically no risk of default and, hence, are called risk-free gilt-edged instruments.
Hence Statement 2 is correct.
Consider the following statements:
Which of the statements given above is/are NOT correct?
Solution (d)
Treasury bills are zero coupon securities and pay no interest. Instead, they are issued at a discount and redeemed at the face value at maturity.
Hence Statement 1 is correct.
The CMBs have the generic character of T-bills but are issued for maturities less than 91 days.
Hence Statement 2 is correct.
Solution (d)
Treasury bills are zero coupon securities and pay no interest. Instead, they are issued at a discount and redeemed at the face value at maturity.
Hence Statement 1 is correct.
The CMBs have the generic character of T-bills but are issued for maturities less than 91 days.
Hence Statement 2 is correct.
Consider the following statements:
Which of the statements given above is/are correct?
Solution (c)
The Public Debt Office (PDO) of the Reserve Bank of India acts as the registry / depository of G-Secs and deals with the issue, interest payment and repayment of principal at maturity. Most of the dated securities are fixed coupon securities.
Hence Statement 1 is correct.
Most Government bonds in India are issued as fixed rate bonds. Fixed Rate Bonds are bonds on which the coupon rate is fixed for the entire life (i.e. till maturity) of the bond.
Hence Statement 2 is correct.
Solution (c)
The Public Debt Office (PDO) of the Reserve Bank of India acts as the registry / depository of G-Secs and deals with the issue, interest payment and repayment of principal at maturity. Most of the dated securities are fixed coupon securities.
Hence Statement 1 is correct.
Most Government bonds in India are issued as fixed rate bonds. Fixed Rate Bonds are bonds on which the coupon rate is fixed for the entire life (i.e. till maturity) of the bond.
Hence Statement 2 is correct.
Which among are a part of internal debt of Central Government?
Select the correct code:
Solution (d)
Market Loans, Treasury Bills, Securities against Small Savings. Cash Management Bills, Ways & Means Advances etc are included in Internal debt of Central Government.
Solution (d)
Market Loans, Treasury Bills, Securities against Small Savings. Cash Management Bills, Ways & Means Advances etc are included in Internal debt of Central Government.
Consider the following statements:
Which of the above statements is/are correct?
Solution (a)
FPIs are permitted to invest in Dated Government Securities.
Hence Statement 1 is correct
Investment by any FPI, including investments by related FPIs, shall not exceed 50% of any issue of a corporate bond.
Hence Statement 2 is incorrect
Solution (a)
FPIs are permitted to invest in Dated Government Securities.
Hence Statement 1 is correct
Investment by any FPI, including investments by related FPIs, shall not exceed 50% of any issue of a corporate bond.
Hence Statement 2 is incorrect
Consider the following statements:
Which of the above statements is/are correct?
Solution (c)
The nodal point for FII registrations is SEBI and hence all FIIs must register themselves with SEBI and should also comply with the exchange control regulations of the central bank.
Hence Statement 1 is correct.
Foreign Institutional investors (FIIs) are entities established or incorporated outside India and make proposals for investments in India.
Hence Statement 2 is correct.
Solution (c)
The nodal point for FII registrations is SEBI and hence all FIIs must register themselves with SEBI and should also comply with the exchange control regulations of the central bank.
Hence Statement 1 is correct.
Foreign Institutional investors (FIIs) are entities established or incorporated outside India and make proposals for investments in India.
Hence Statement 2 is correct.
Consider the following statements:
Which of the statements given above is/are correct?
Solution (d)
BSE has launched India INX, India’s 1st international exchange, located at GIFT CITY IFSC in Ahmedabad.
Hence Statement 1 is incorrect.
ICCL has been accorded Qualified Central Counterparty (“QCCP”) status by the Securities and Exchange Board of India (“SEBI”)
Hence Statement 2 is incorrect.
Solution (d)
BSE has launched India INX, India’s 1st international exchange, located at GIFT CITY IFSC in Ahmedabad.
Hence Statement 1 is incorrect.
ICCL has been accorded Qualified Central Counterparty (“QCCP”) status by the Securities and Exchange Board of India (“SEBI”)
Hence Statement 2 is incorrect.
Match List I with List II and select the correct answer by using the codes given below the lists:
List I :: List II
(Five Year Plans) :: (Highest priority/emphasis given)
Solution (c)
First FYP agriculture including irrigation and power projects
Second FYP led to establishment of a socialistic pattern of society in India and also emphasized on rapid industrialization and development of basic and heavy industries.
Third FYP Promotion of equality
Fourth FYP Promotion of equity
Fifth FYP achieve self-reliance, direct measures for poverty alleviation (Garibi Hatao)
Solution (c)
First FYP agriculture including irrigation and power projects
Second FYP led to establishment of a socialistic pattern of society in India and also emphasized on rapid industrialization and development of basic and heavy industries.
Third FYP Promotion of equality
Fourth FYP Promotion of equity
Fifth FYP achieve self-reliance, direct measures for poverty alleviation (Garibi Hatao)
