The 'Insolvency and Bankruptcy Board of India' regulates: MCQ with Answer and Explanation

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The 'Insolvency and Bankruptcy Board of India' regulates:

A. insurance companies

B. banks only

C. stock exchanges

D. insolvency professionals and agencies

Answer: Option D

Solution (By JKSSB Mock Tests)

IBBI regulates insolvency professionals, agencies and information utilities.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'National Solar Mission' in India is part of:

A. Make in India

B. National Action Plan on Climate Change

C. Digital India

D. Skill India

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Correct Answer: Option B

Explanation:
The National Solar Mission is one of the eight missions under the National Action Plan on Climate Change.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'International Fisher Effect' relates exchange rate changes to:

A. inflation differentials

B. interest rate differentials

C. reserve levels

D. trade balances

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Correct Answer: Option B

Explanation:
The International Fisher Effect suggests currencies with higher nominal interest rates will depreciate due to inflation.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Inter-American Development Bank' is headquartered in:

A. Brasilia

B. Mexico City

C. New York

D. Washington D.C.

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Correct Answer: Option D

Explanation:
The Inter-American Development Bank is headquartered in Washington D.C.

This question belongs to: Economy GK Economy Set 1

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