The 'exchange traded fund' for disinvestment of public sector enterprises is managed by: MCQ with Answer and Explanation

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The 'exchange traded fund' for disinvestment of public sector enterprises is managed by:

A. RBI

B. IRDAI

C. SEBI-registered asset management companies

D. PFRDA

Answer: Option C

Solution (By JKSSB Mock Tests)

PSU ETFs are managed by SEBI-registered asset management companies.

This question belongs to: Economy GK Economy Set 1

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Question #1

Which of the following is classified under the primary sector?

A. Banking

B. Mining

C. Automobile manufacturing

D. Transport

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Correct Answer: Option B

Explanation:
The primary sector includes agriculture, mining, fishing and forestry.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Gross Value Added' at basic prices excludes:

A. net factor income from abroad

B. all taxes

C. depreciation

D. indirect taxes net of subsidies

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Correct Answer: Option D

Explanation:
GVA at basic prices is measured before net product taxes, so it excludes net indirect taxes.

This question belongs to: Economy GK Economy Set 1

Question #3

Ujwal DISCOM Assurance Yojana primarily addresses:

A. solar panel manufacturing

B. rural sanitation

C. coal imports

D. financial health of power distribution companies

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Correct Answer: Option D

Explanation:
UDAY aims at financial turnaround of power distribution companies.

This question belongs to: Economy GK Economy Set 1

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