The 'Nifty 50' index comprises how many stocks of NSE? MCQ with Answer and Explanation

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The 'Nifty 50' index comprises how many stocks of NSE?

A. 30

B. 200

C. 50

D. 100

Answer: Option C

Solution (By JKSSB Mock Tests)

Nifty 50 comprises 50 stocks of NSE.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Finance Secretary' in India is under the:

A. Ministry of Commerce

B. Ministry of Finance

C. RBI

D. NITI Aayog

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Correct Answer: Option B

Explanation:
Finance Secretary is the administrative head of the Ministry of Finance.

This question belongs to: Economy GK Economy Set 1

Question #2

In the context of measuring inequality, the 'Palma Ratio' is defined as:

A. The ratio of the top 1 per cent to the bottom 1 per cent

B. The ratio of the income share of the top 10 per cent to that of the bottom 40 per cent

C. The Gini coefficient multiplied by 100

D. The share of the middle 50 per cent only

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Correct Answer: Option B

Explanation:
The Palma ratio is the ratio of the income share of the richest 10 per cent of the population to that of the poorest 40 per cent; it focuses on the tails of the distribution that account for most inequality.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Most Favoured Nation' tariff treatment under WTO requires countries to:

A. extend the same trade advantages to all WTO members

B. impose zero tariffs on all goods

C. ban imports

D. give special preferences to neighbours

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Correct Answer: Option A

Explanation:
MFN requires non-discriminatory treatment among all WTO members.

This question belongs to: Economy GK Economy Set 1

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