The 'FDI' in insurance sector is allowed up to what percentage? MCQ with Answer and Explanation

Question

Share Report Error

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

A. 74%

B. 100%

C. 26%

D. 49%

Answer: Option A

Solution (By JKSSB Mock Tests)

FDI in insurance is allowed up to 74%.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

Share Report

In the context of economic planning, indicative planning is characterised by:

A. Complete government control over all sectors

B. Setting targets and providing incentives without compulsion

C. Absence of any targets

D. Only private sector planning

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
Indicative planning involves setting broad targets and providing incentives and information to guide private sector decisions rather than imposing compulsory directives.

This question belongs to: Economy GK Economy Set 1

Question #2

Share Report

Which of the following is a type of foreign capital inflow?

A. Only domestic equity issuance

B. Foreign direct investment, portfolio investment and external commercial borrowings

C. Only government tax revenue

D. Domestic bank deposits of residents

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
Foreign capital inflows include FDI, FPI, external commercial borrowings, trade credit and other external liabilities.

This question belongs to: Economy GK Economy Set 1

Question #3

Share Report

The 'Goods and Services Tax' rate on telecom services is:

A. 5%

B. 12%

C. 28%

D. 18%

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
Telecom services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs