Nifty is a stock market index of the: MCQ with Answer and Explanation

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Nifty is a stock market index of the:

A. Securities and Exchange Board of India

B. Bombay Stock Exchange

C. Commodity Exchange

D. National Stock Exchange

Answer: Option D

Solution (By JKSSB Mock Tests)

Nifty is the benchmark index of the National Stock Exchange (NSE).

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'FDI' in insurance sector is allowed up to what percentage?

A. 49%

B. 26%

C. 74%

D. 100%

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Correct Answer: Option C

Explanation:
FDI in insurance is allowed up to 74%.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Okun's law' describes a relationship between:

A. interest rates and investment

B. inflation and unemployment

C. output growth and changes in unemployment

D. tax rates and revenue

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Correct Answer: Option C

Explanation:
Okun's law relates changes in unemployment to output growth.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is NOT a type of unemployment recognised in economics?

A. Nominal unemployment

B. Structural unemployment

C. Cyclical unemployment

D. Frictional unemployment

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Correct Answer: Option A

Explanation:
The main types of unemployment are frictional, structural, cyclical and seasonal. 'Nominal unemployment' is not a standard classification.

This question belongs to: Economy GK Economy Set 1

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