Economy MCQ2 Test

1. The Cabinet Committee on Investments has been set-up to address which of the following___?
To submit a report on the hurdles creating bottle-necks on the economy
To boost big ticket investments and untangle red-tapism
To fast track disinvestment in PSUs
To attract foreign investment into India to attract foreign investment into India
2. Recently US law makers and businesses have accused both the Indian policy makers as well as Courts stating “India is the international outlier” when it comes to protecting intellectual property (IP) rights. Such accusations have been made in reference to which among the following sectors?
IT and Communications sector
Pharma sector
Education sector
Manufacturing sector
3. Why the Indirect taxes are termed regressive taxing mechanisms?
They are charged at higher rates than direct taxes
They are charged the same for all income groups
They are charged the same for all income groups
None of the above is a correct reason
4. Currently, which among the following products is facing imports ban from China?
Milk and Milk products
Rice
Telecom equipment
Heavy electrical engineering equipment
5. What is the minimum public shareholding (MPS) mandated by SEBI for Private Companies and PSUs respectively?
75% and 90%
90% and 75%
10% and 25%
25% and 10%
Score =
Correct answers: