WBCS Mains Indian Economy Financial Markets Questions 2023

Q. The first organised Stock Exchange in India was started in

(A) Kolkata
(B) Bombay
(C) Ahmedabad
(D) Chennai

Correct Answer: (B) Bombay

Q. Securities and Exchange Board of India was established on

(A) July 12, 1982
(B) April 12, 1988
(C) July 9, 1988
(D) April 5, 1995

Correct Answer: (B) April 12, 1988

WBCS Mains Indian Economy Financial Markets Questions 2022

Q. Mutual funds are regulated in India by which among the following?

(A) RBI
(B) SEBI
(C) Stock exchanges
(D) RBI and SEBI both

Correct Answer: (B) SEBI

WBCS Mains Indian Economy Financial Markets Questions 2021

Q. The National Stock Exchange functions from

(A) New Delhi
(B) Mumbai
(C) Nagpur
(D) Kolkata

Correct Answer: (B) Mumbai

Q. Debenture holders of a company are its

(A) shareholders
(B) creditors
(C) debtors
(D) directors

Correct Answer: (B) creditors

Q. Gilt-edged market means

(A) bullion market.
(B) market of government securities.
(C) market of guns.
(D) market of pure metals.

Correct Answer: (B) market of government securities.

Q. The terms ‘bull market’ and ‘bear market’ is associated with which branch of commercial activity?

(A) Foreign trade
(B) Banking
(C) Share Market
(D) Manufacturing

Correct Answer: (C) Share Market

Q. Which among the following is correct about an Equity Fund?

(A) It gives fixed returns.
(B) It invests primarily in shares.
(C) It invests in both debt and shares.
(D) It assures growth in value.

Correct Answer: (B) It invests primarily in shares.

WBCS Mains Indian Economy Financial Markets Questions 2020

Q. Treasury bills are instruments of the Central Government to secure ______

(A) Long term credit
(B) Very long term credit
(C) Short term credit
(D) Medium term credit

Correct Answer: (C) Short term credit

Q. Long-term loan to the corporate sector usually comes from ______

(A) Commercial banks
(B) NABARD
(C) Lead Banks
(D) Capital market

Correct Answer: (D) Capital market

WBCS Mains Indian Economy Financial Markets Questions 2019

Q. _________ is the regulator of mutual funds in India.

(A) RBI
(B) SEBI
(C) Both SEBI and GOI
(D) IRDA

Correct Answer: (B) SEBI

Q. Fully automated screen based trading system NSE is known as

(A) BOLT
(B) NEAT
(C) ALBM
(D) BLISS

Correct Answer: (B) NEAT

Q. _________ is the venture capital assistance at the stage where the project started to fetch profit but not reached in its full efficiency.

(A) Start up Capital
(B) Bridge Capital
(C) Mezzanine Capital
(D) Seed Capital

Correct Answer: (C) Mezzanine Capital

Q. Which one of the following is an example of derivative?

(A) Warrants
(B) Swaptions
(C) Baskets
(D) All of the above

Correct Answer: (D) All of the above

Q. There are three main treasury bills in India —

(A) 91 day, 182 day and 364 day
(B) 92 day, 183 day and 365 day
(C) 93 day, 184 day and 366 day
(D) None of the above

Correct Answer: (A) 91 day, 182 day and 364 day

Q. An investment plan in which the Company pays return to investors from the new capital coming in from new investors instead of the profits of the business known as

(A) Underwriting
(B) Ponzi scheme
(C) Mutual fund
(D) Para Banking

Correct Answer: (B) Ponzi scheme

Q. Securities and Exchange Board of India (SEBI) was given statutory status and powers through an ordinance promulgated on

(A) January 30, 1992
(B) April 12, 1988
(C) April 10, 1992
(D) April 19, 2000

Correct Answer: (C) April 10, 1992

Q. The illegal practice of trading on the stock exchange to one’s own advantage through having access to confidential information is known as

(A) Bull market
(B) Bear market
(C) Insider trading
(D) Initial Public Offering (IPO)

Correct Answer: (C) Insider trading

Q. The instruments issued by registered FIIs to overseas investors, who wish to invest in Indian stock markets without registering themselves with SEBI – known as

(A) Certificates of Deposit (CDs)
(B) Participatory notes (P-notes)
(C) Currency Derivatives
(D) Foreign exchange reserves

Correct Answer: (B) Participatory notes (P-notes)

Q. The chief promoter of National Securities Depository Limited (NSDL) is

(A) NABARD
(B) NSCCL
(C) NSE
(D) BSE

Correct Answer: (C) NSE

Q. The corpus of funds and its duration is fixed in case of ________ fund.

(A) Open ended
(B) Close ended
(C) Balanced
(D) Income

Correct Answer: (B) Close ended

WBCS Mains Indian Economy Financial Markets Questions 2018

Q. Collateralized Borrowing and Lending Obligation (CBLO) is a ________.

(A) Money Market Instrument
(B) Monetary Policy Instrument
(C) Investment fund
(D) Capital Market Instrument

Correct Answer: (A) Money Market Instrument

Q. The basic regulatory authority for mutual funds and stock exchange lies with

(A) Government of India
(B) Reserve Bank of India
(C) Securities and Exchange Board of India
(D) Stock Exchange

Correct Answer: (C) Securities and Exchange Board of India

Q. Which regulatory authority has revamped panel on alternative investment?

(A) RBI
(B) IRDA
(C) SEBI
(D) PDRA

Correct Answer: (C) SEBI

Q. The oldest stock market of India is

(A) Bombay Stock Exchange
(B) Ahmedabad Stock Exchange
(C) Bengalore Stock Exchange
(D) Hyderabad Stock Exchange

Correct Answer: (A) Bombay Stock Exchange

WBCS Mains Indian Economy Financial Markets Questions 2017

Q. In Indian states, the State Financial Corporations have given assistance mainly to develop

(A) agricultural farms
(B) cottage industry
(C) large-scale industries
(D) medium and small-scale industries

Correct Answer: (D) medium and small-scale industries

WBCS Mains Indian Economy Financial Markets Questions 2016

Q. Sensitive Index or Sensex represents the prices of shares of the main ______ shares in the stock exchange.

(A) 40 shares
(B) 30 shares
(C) 50 shares
(D) 60 shares

Correct Answer: (B) 30 shares

Q. The market for transaction of Government Securities is called

(A) Gilt-edged market
(B) Industrial Securities market
(C) Call money market
(D) None of the above

Correct Answer: (A) Gilt-edged market

Q. Which of the following is not included under the money market?

(A) RBI
(B) Commercial Banks
(C) SEBI
(D) None of the above

Correct Answer: (C) SEBI

WBCS Mains Indian Economy Financial Markets Questions 2015

Q. Which of the following is not correct?

(A) Credit rating is done to assess the credit worthiness of the prospective borrower
(B) It is done in case of individuals and even countries
(C) Equity share is rated in the rating
(D) Ratings are an investor service

Correct Answer: (C) Equity share is rated in the rating

Q. Code the incorrect one. Sources of long term finance of private industrial sector are:

(A) Shares
(B) Debentures
(C) Loan from development banks
(D) Loan from RRBs

Correct Answer: (D) Loan from RRBs

Q. Treasury bills are instruments of getting credit for such period:

(A) Long term
(B) Very long term
(C) Medium term
(D) Short term

Correct Answer: (D) Short term

Q. Monetisation of loans through issue of Treasury Bills brings:

(A) Increase in money supply
(B) Decrease in money supply
(C) Increase in foreign exchange reserve
(D) Both (A) and (C)

Correct Answer: (A) Increase in money supply

Q. The process of bill discounting is:

(A) Long term loan taken by commercial banks
(B) Trade credit
(C) Government loan from capital market
(D) Both (A) and (C)

Correct Answer: (B) Trade credit

WBCS Mains Indian Economy Financial Markets Questions 2014

Q. Which of the following is not a financial regulator –

(A) IRDA
(B) AMFI
(C) PFRDA
(D) SEBI

Correct Answer: (B) AMFI

Q. Dalal Street is situated at –

(A) Amritsar
(B) New Delhi
(C) Mumbai
(D) Chandigarh

Correct Answer: (C) Mumbai

Q. The number of approved share markets in India –

(A) 19
(B) 20
(C) 23
(D) 24

Correct Answer: (C) 23

Q. Index “Residex” is associated with –

(A) Share prices
(B) Mutual Fund Prices
(C) Inflation index
(D) Land prices

Correct Answer: (D) Land prices