When two or more persons working jointly on the basis of a common plan of action, then it is called:

• Co-operation
• Collaboration
• Co-ordination
• Consulting
Solution
Correct Option: B  [ Collaboration ]

Explanation:

"SEBI" stands for the:

• State Earnings Board of India
• Securities and Exchange Bank of India
• Securities and Exchange Board of India
• State Exchange Bank of India
Solution
Correct Option: C  [ Securities and Exchange Board of India ]

Explanation: The Securities and Exchange Board of India was constituted as a non-statutory body on April 12, 1988 through a resolution of the Government of India.
The Securities and Exchange Board of India was established as a statutory body in the year 1992

What is the 'Repo rate' ?

• It is the rate at which International Aid Agencies lend to RBI
• It is the rate at which the banks lend to RBI
• It is the rate at which RBI borrows from the market
• It is the rate at which RBI lends to banks
Solution
Correct Option: D  [ It is the rate at which RBI lends to banks ]

Explanation:

In the context of Indias Five Year Plans a shift in the pattern of industrialisation with lower emphasis on heavy industries and more on infrastructure begin in:

• Fourth Plan
• Sixth Plan
• Eight Plan
• Tenth Plan
Solution
Correct Option: B  [ Sixth Plan ]

Explanation:

Which of the following products of Tripura ranks Second in all India level in terms of production ?

• Paddy
• Bamboo
• Natural gas
• Natural rubber
Solution
Correct Option: D  [ Natural rubber ]

Explanation:

Which is the following is direct tax ?

• Income tax
• Excise duty
• Sales tax
• None of these
Solution
Correct Option: A  [ Income tax ]

Explanation:

In India, Special Economic Zones were established to enhance:

• Technology Development
• Free Trade
• Foreign Investment
• Employment
Solution
Correct Option: B  [ Free Trade ]

Explanation:

National Food Security Act came into effect in the year:

• 2012
• 2013
• 2014
• None of the above
Solution
Correct Option: B  [ 2013 ]

Explanation:

Where is the headquarter of State Bank of India (SBI) situated ?

• Delhi
• Mumbai
• Pune
• Srinagar
Solution
Correct Option: B  [ Mumbai ]

Explanation:

The equilibrium condition for money market is:

• demand for money should be equal to supply of money
• cash in hand should be equal to deposits in bank
• saving is equal to investment
• bank rate is equal to repo rate
Solution
Correct Option: A  [ demand for money should be equal to supply of money ]

Explanation: