The Sensex is a stock market index of the: MCQ with Answer and Explanation

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The Sensex is a stock market index of the:

A. Multi Commodity Exchange

B. National Stock Exchange

C. Bombay Stock Exchange

D. India International Exchange

Answer: Option C

Solution (By JKSSB Mock Tests)

The Sensex is the benchmark index of the Bombay Stock Exchange (BSE).

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'currency swap' between two central banks is:

A. a loan of domestic currency against foreign currency with an agreement to reverse later

B. import of goods

C. permanent exchange of currencies

D. purchase of gold

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Correct Answer: Option A

Explanation:
A currency swap is a temporary exchange of currencies between central banks to provide liquidity.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Revenue deficit' indicates that the government's:

A. capital expenditure exceeds capital receipts

B. revenue receipts exceed revenue expenditure

C. revenue expenditure exceeds revenue receipts

D. total budget is balanced

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Correct Answer: Option C

Explanation:
Revenue deficit is the excess of revenue expenditure over revenue receipts.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'GST Suvidha Provider' is an entity that:

A. makes GST law

B. sets GST rates

C. collects GST

D. provides IT solutions for GST compliance

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Correct Answer: Option D

Explanation:
GST Suvidha Providers offer IT applications for GST compliance.

This question belongs to: Economy GK Economy Set 1

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