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. PFRDA

D. IRDAI

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 'Goods and Services Tax' rate on footwear above Rs 1,000 is:

A. 12%

B. 28%

C. 18%

D. 5%

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Correct Answer: Option C

Explanation:
Footwear above Rs 1,000 attracts 18% GST.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Purchasing Managers' Index' for India is compiled by:

A. RBI

B. S&P Global and other agencies

C. NSO

D. SEBI

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Correct Answer: Option B

Explanation:
India's PMI is compiled by S&P Global and other agencies.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Wholesale Price Index' in India is compiled by:

A. RBI

B. NITI Aayog

C. Office of Economic Adviser, Ministry of Commerce and Industry

D. Ministry of Finance

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Correct Answer: Option C

Explanation:
The WPI is compiled by the Office of Economic Adviser in the Ministry of Commerce and Industry.

This question belongs to: Economy GK Economy Set 1

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