Q. Consider the following statements:
1. India ranks first in the world in fruit production.
2. India ranks second in the world in the export of tobacco
Which of the statements is/are correct?
1) Only 1
2) Only 2
3) Both 1 & 2
4) Neither 1 nor 2
Q. Which one of the following statements is correct with reference to FEMA in India?
1) The Foreign Exchange Regulation Act(FERA) was replaced by Foreign Exchange Management Act (FEMA) in the year 2001
2) FERA was given a sunset clause of one year till 31st May 2002 to enable Enforcement Directorate to complete the investigation of pending issues
3) Under FEMA, violation of foreign exchange rules has caused to be a criminal offense
4) As per the new dispensatio, Enforcement Directorate can arrest and prosecute the people for the viol
Q. Debenture holders of a company are its
1) Shareholders
2) Creditors
3) Debtors
4) Directors
Q. In India, the first bank of limited liability managed by Indians and founded in 1881 was
1) Hindustan Commercial Bank
2) Oudh Commercial Bank
3) Punjab National Bank
4) Punjab and Sindh Bank
Q. IEX and PXIL are
1) Two commodity exchanges of India
2) Two power exchanges working in India
3) Over the counter exchange working in India
4) Green vehicles promoted by thr Reva company of India
Q. Which of the following countries is not the member of IBSA?
1) India
2) Bangladesh
3) South Africa
4) Brazil
Q. Which of the following is the correct description of the Capital Market? Capital Market Comprises of
1) Stock markets & Bond Markets
2) Bank and Insurance Companies
3) RBI and Nationalized Banks
4) Stock Markets and Banks
Q. Which of the following states is the largest producer of cashew nuts in India
1) Tamil Nadu
2) Assam
3) Kerala
4) Karnataka
Q. For which one of the following items, Tirupur is famous as a huge exporter to many parts of the world
1) Handicrafts
2) Gems and Jewelry
3) Leather goods
4) Knitted garments
Q. Ankaleshwar in India is known for the production of
1) Petroleum
2) Coal
3) Iron ore
4) Bauxite
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