The 'Sensex' comprises how many actively traded stocks of BSE? MCQ with Answer and Explanation

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The 'Sensex' comprises how many actively traded stocks of BSE?

A. 100

B. 30

C. 50

D. 200

Answer: Option B

Solution (By JKSSB Mock Tests)

Sensex is based on 30 actively traded stocks of BSE.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'headline inflation' is the measure that:

A. excludes fuel

B. only includes services

C. excludes all food items

D. includes all items in the price index

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Correct Answer: Option D

Explanation:
Headline inflation includes all items in the price index.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'consumption function' in Keynesian economics is usually expressed as:

A. C = a + bY

B. MV = PT

C. Y = C + I

D. S = I

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Correct Answer: Option A

Explanation:
The Keynesian consumption function is C = a + bY, where a is autonomous consumption and b is MPC.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is a major difficulty in measuring national income in developing countries?

A. Presence of a large non-monetised and informal sector

B. Complete availability of reliable data for all activities

C. Uniform and comprehensive accounting practices

D. Absence of any informal economic activity

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Correct Answer: Option A

Explanation:
Developing countries face significant measurement challenges due to a large non-monetised sector, widespread informal activities, under-reporting and inadequate statistical systems.

This question belongs to: Economy GK Economy Set 1

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