The 'Foreign Portfolio Investor' route in India is regulated by: MCQ with Answer and Explanation

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The 'Foreign Portfolio Investor' route in India is regulated by:

A. SEBI

B. RBI only

C. IRDAI

D. PFRDA

Answer: Option A

Solution (By JKSSB Mock Tests)

Foreign Portfolio Investors are regulated by SEBI.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'Economic Survey' is the annual flagship document of:

A. SEBI

B. Ministry of Finance

C. RBI

D. NITI Aayog

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Correct Answer: Option B

Explanation:
Economic Survey is the flagship annual document of the Ministry of Finance.

This question belongs to: Economy GK Economy Set 1

Question #2

In the context of banking theory, the 'Diamond-Dybvig' model explains:

A. Only the role of banks in solving adverse selection

B. The existence of banks as providers of liquidity insurance and the possibility of bank runs

C. Why banks never face runs

D. Only the role of banks in monitoring firms

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Correct Answer: Option B

Explanation:
The Diamond-Dybvig model shows that banks transform illiquid assets into liquid liabilities, providing liquidity insurance to depositors, but that this arrangement is vulnerable to self-fulfilling runs.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Public Accounts Committee' is chaired by a member of:

A. NITI Aayog

B. ruling party

C. opposition party

D. RBI

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Correct Answer: Option C

Explanation:
The PAC is traditionally chaired by a member of the opposition.

This question belongs to: Economy GK Economy Set 1

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