Indian economy miscellaneous
- Which of the following is the Regulator of the credit rating agencies in India ?
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The Indian credit rating industry mainly comprises of CRISIL, CIBIL, ICRA, CARE, ONICRA, FITCH and SMERA. The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. RBI is India’s central bank. SIDBI (Small Industries Development Bank of India) financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises in India.
Correct Option: E
The Indian credit rating industry mainly comprises of CRISIL, CIBIL, ICRA, CARE, ONICRA, FITCH and SMERA. The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. RBI is India’s central bank. SIDBI (Small Industries Development Bank of India) financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises in India.
- As per newspapers report what percent of Government stake will be disinvested in Rashtriya Ispat Nigam Ltd. (RINL) ?
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Rashtriya Ispat Nigam Ltd (RINL), on 23 September 2014, filed a draft prospectus with market regulator SEBI for an initial public offering (IPO) through which the government will sell 10 per cent of its stake in the company. The government proposes to raise Rs 43,425 crore through disinvestment in PSUs.
Correct Option: C
Rashtriya Ispat Nigam Ltd (RINL), on 23 September 2014, filed a draft prospectus with market regulator SEBI for an initial public offering (IPO) through which the government will sell 10 per cent of its stake in the company. The government proposes to raise Rs 43,425 crore through disinvestment in PSUs.
- The law of Increasing Returns means
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Increasing returns mean lower costs per unit just as diminishing returns mean higher costs. Thus, the law of increasing return signifies that cost per unit of the marginal or additional output falls with the expansion of an industry. As more and more units of the commodity are produced, the cost per unit goes on steadily falling. Besides, the return is more than proportionate.
Correct Option: B
Increasing returns mean lower costs per unit just as diminishing returns mean higher costs. Thus, the law of increasing return signifies that cost per unit of the marginal or additional output falls with the expansion of an industry. As more and more units of the commodity are produced, the cost per unit goes on steadily falling. Besides, the return is more than proportionate.
- If the marginal returan encrease at a diminishing rate, the total return
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The question talks about marginal return increasing at diminishing rate which, in reality, is diminishing marginal return. In economics, the law of diminishing returns states: “If increasing amounts of a variable factor are applied to a fixed quantity of other factors per unit of time, the increments in total output will first increase but beyond some point, it begins to decline”. Richard A. Bilas describes the law of diminishing returns as: “If the input of one resource to other resources is held constant, total output will increase but beyond some point, the resulting output increases will become smaller and smaller.” So as the marginal return increases at diminishing rate, the total return will eventually decrease.
Correct Option: B
The question talks about marginal return increasing at diminishing rate which, in reality, is diminishing marginal return. In economics, the law of diminishing returns states: “If increasing amounts of a variable factor are applied to a fixed quantity of other factors per unit of time, the increments in total output will first increase but beyond some point, it begins to decline”. Richard A. Bilas describes the law of diminishing returns as: “If the input of one resource to other resources is held constant, total output will increase but beyond some point, the resulting output increases will become smaller and smaller.” So as the marginal return increases at diminishing rate, the total return will eventually decrease.
- The market in which loans of money can be obtained is called
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Money market helps in securing short-term loans to meet working capital requirements through the system of finance bills, commercial papers, etc. it plays crucial role in financing both internal as well as international trade.
Correct Option: C
Money market helps in securing short-term loans to meet working capital requirements through the system of finance bills, commercial papers, etc. it plays crucial role in financing both internal as well as international trade.