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

Question
The 'exchange traded fund' for disinvestment of public sector enterprises is managed by:
A. RBI
B. SEBI-registered asset management companies
C. IRDAI
D. PFRDA
Answer: Option B
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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Practice More Economy Set 1 Questions

Question #1
Which of the following is a characteristic of a dualistic economy?
A. Coexistence of modern and traditional sectors
B. Only agricultural activities
C. Uniform technology across sectors
D. Absence of informal sector
Discuss
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Correct Answer: Option A

Explanation:
Dualism refers to the coexistence of a modern, capital-intensive sector alongside a traditional, labour-intensive sector within the same economy.
This question belongs to: Economy GK Economy Set 1
Question #2
The concept of 'Opportunity Cost' is best illustrated by:
A. The value of the next best alternative forgone when a choice is made
B. The total cost of production
C. The cost of producing one more unit
D. The difference between total revenue and total cost
Discuss
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Correct Answer: Option A

Explanation:
Opportunity cost is the value of the best alternative that is sacrificed when a decision is made; it is fundamental to the study of choice under scarcity.
This question belongs to: Economy GK Economy Set 1
Question #3
The 'Brexit' refers to the exit of which country from the European Union?
A. United Kingdom
B. Germany
C. Italy
D. France
Discuss
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Correct Answer: Option A

Explanation:
Brexit refers to the United Kingdom's exit from the European Union.
This question belongs to: Economy GK Economy Set 1
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