Which of the following is a feature of the Indian capital market? MCQ with Answer and Explanation

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Which of the following is a feature of the Indian capital market?

A. Absence of regulatory bodies

B. Only short-term instruments

C. No role of mutual funds

D. Presence of stock exchanges and long-term instruments

Answer: Option D

Solution (By JKSSB Mock Tests)

The Indian capital market deals with long-term funds and includes stock exchanges, bonds, equities and mutual funds, regulated by SEBI.

This question belongs to: Economy GK Economy Set 1

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Question #1

The Goods and Services Tax was introduced through which Constitutional Amendment Act?

A. 99th

B. 102nd

C. 101st

D. 100th

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Correct Answer: Option C

Explanation:
GST was introduced through the 101st Constitutional Amendment Act, 2016.

This question belongs to: Economy GK Economy Set 1

Question #2

In the context of public expenditure, Wagner's Law suggests that:

A. Only private expenditure increases with development

B. Public expenditure declines with economic development

C. Public expenditure is independent of economic growth

D. Public expenditure tends to increase as the economy develops

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Correct Answer: Option D

Explanation:
Wagner's Law posits that as an economy develops, the share of public expenditure in national income tends to rise due to increased demand for public goods and social services.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Special Economic Zones Act' was enacted in India in which year?

A. 2010

B. 2006

C. 2005

D. 2000

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Correct Answer: Option C

Explanation:
The SEZ Act was enacted in 2005.

This question belongs to: Economy GK Economy Set 1

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