Indian Economy Test -24-Indian Economy-Quiz

Prelims 2020 Test Series-Indian Economy Test -24

Q 11.
Which of the following correctly explains market capitalization of a firm in the stock exchange?

a.)
Company’s net asset
b.)
Total number of shares -both listed and unlisted
c.)
Number of outstanding shares traded times the share price
d.)
Number of shares listed in the stock exchange

Q 12.
Consider the following statements about Sovereign Gold Bond Scheme:

1. Redemption from the scheme is exempted from capital gains tax.

2. Objective of the scheme is to meet investment demand for physical gold.

3. There is a fixed interest rate of 2.5% annually which is payable semi-annually.

4. Minimum investment should be 10 grams with no maximum limit for individuals.

Of these, the correct statements are:

a.)
1 and 2
b.)
1, 2 and 3
c.)
1, 2, 3 and 4
d.)
1, 3 and 4

Q 13.
The largest crop item in terms of area under cropping in India as on end 2018 is:

a.)
Rice
b.)
Wheat
c.)
Pulses
d.)
Nutrient Cereals

Q 14.
Highest level of involvement in the management of a company is with:

a.)
Preference share
b.)
Equity shares
c.)
Depository Receipts
d.)
Convertible Bonds

Q 15.
The Nodal Department related to the formation of intellectual property policy in India is:

a.)
Department of Promotion of Industry and Internal Trade
b.)
Department of Science and Technology
c.)
Department of Electronics
d.)
Department of Economic Affairs

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