Economy-Topic-8


Topic-8

Indian Economy

1. In which year Life Insurance Corporation of India was established ?- 1956 AD

2. Who played role in the establishment of the Life Insurance Corporation of India ?- C.D. Deshmukh

3. Where are the headquarters of the Life Insurance Corporation of India ?- Mumbai

4. What is the full form of the GIC ?- General Insurance Corporation

5. In which year GIC was established ?- 1973 AD

6. Name the Subsidiaries of the GIC :

          Subsidiary                                                                        Headquarters

I. National Insurance Company Limited :                                            Kolkata

II. The New India Insurance Company Limited :                                 Mumbai

III. The Oriental Fire and General Insurance Company Limited :           New Delhi

IV. United India General Insurance Company Limited :                     Chennai

7.  What is the status of the GIC after 2000 ?- Indian Re-insurer

8. What is the full form of IRDAI ?- Insurance Regulatory and Development Authority of India

9. What is the status of the IRDAI ?- It is a statutory body.

10.  What is the FDI limit in the insurance sector ?- 49%

11. In which year the New Pension System was launched ? – 2004

12. In which year NPS was opened to all citizens ?- 2009

13. What is the name of the incentive scheme under the National Pension System ?- Swavalamban

14. Features of the Ayushman Bharat Program :

I. 10 Crore Families will be covered under it.

II. Approximately 50 Crore people will be covered under it.

III. The health cover is of Rs 5 Lakh.

15. Which market is there to raise the short term fund ?-Money Market

16. Which bills are used by the government to raise the funds from the money market ?- Treasury Bills

17. What are the time periods of the Treasury Bills :

·       14 Days Treasury Bills

·       91 Days Treasury Bills

·       182 Day Treasury Bills

·       364 Days Treasury Bills

18. Which instrument is issued by the one bank /financial institution to another bank or financial institution ?- Certificate of Deposits

19. What should be the minimum worth of  a company to issue commercial papers ?- Rs. 5 Crore

20.  What is the full form of LIBOR ?- London Inter-Bank Operative Rate

21. What is the full form of MIBOR ?- Mumbai Inter-Bank Operative Rate

22. What is the purpose of LIBOR or MIBOR ?- It is the interest rate at which bank borrows from another bank.

23. What is the minimum tenure to include any instrument in the Capital Market ?- One Year

24. In which market the company get a loan on the guaranteed fixed payment ?- Debt Market

25. In which market the company can raise funds without incurring debts ?- Capital Market

26. What is the full form of SEBI ?- Securities and Exchange Board of India

27. In which year SEBI was set up ?- 1988 AD

28. What is the status of SEBI ? – It is a statutory body under the Act of 1992.

29.  Which powers have been granted to SEBI under the new Act of 2014 ?

·       It has the power to arrest the person.

·       It can seek the call data records of individuals under the investigation.

30. How many stock exchanges are operative in India ?- Twenty Three

31. What is the name of the Asia’s oldest Stock Exchange ?- Bombay Stock Exchange

32. In which year Bombay Stock Exchange came into existence ? -1875 AD

33. Where is the National Stock Exchange situated ?- Mumbai

34. Which one is the largest stock exchange of India ?- National Stock Exchange

35. What is the base year of the Bombay Stock Exchange ?- 1978-79 AD

36.  What is the name of the index of the Bombay Stock Exchange that includes the list of the 30 well established and financially sound companies ?- BSE-30

37. What is the name of the index of the National Stock Exchange that includes the list of the 50 major companies ?-  NSE-50

 

Index                          Country

38.     Hang Seng                                Hong Kong

39.     JCI                                           Indonesia

40.     Nikkei-225                                Japan

41.     Kospi                                         South Korea

42.     SET                                           Thailand

43.     FTSE-100                                  UK

44.     NASDAQ Compostie Index       US

45.     Dow Jones                                US

 

46. What is the full form of CRISIL ? –Credit Rating Information Services of India Limited

47. In which year CRISIL was set up ?- 1988 AD

Credit Rating Agency                    Headquarters

48.     Fitch Group                                        Paris

49.     S and P                                               New York

50.     Moody’s Investor Services                  New York

 

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