The primary market deals with: MCQ with Answer and Explanation

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The primary market deals with:

A. new issue of securities

B. foreign currency

C. trading of existing shares

D. only government bonds

Answer: Option A

Solution (By JKSSB Mock Tests)

The primary market deals with the issuance of new securities.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'Universal Immunization Programme' aims to protect children against:

A. only COVID-19

B. only smallpox

C. only polio

D. vaccine-preventable diseases including polio, measles, tuberculosis and others

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Correct Answer: Option D

Explanation:
Universal Immunization Programme protects children against multiple vaccine-preventable diseases.

This question belongs to: Economy GK Economy Set 1

Question #2

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The Fifteenth Finance Commission was headed by:

A. N.K. Singh

B. Y.V. Reddy

C. Vijay Kelkar

D. C. Rangarajan

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Correct Answer: Option A

Explanation:
The Fifteenth Finance Commission was headed by N.K. Singh.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'indirect tax' includes which of the following?

A. Wealth tax

B. Corporate tax

C. Income tax

D. GST and excise duty

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Correct Answer: Option D

Explanation:
GST and excise duty are indirect taxes.

This question belongs to: Economy GK Economy Set 1

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