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Question Detail
Kudremukh Iron Ore project is in the state of
- Kerala
- Tamil Nadu
- Gujrat
- Karnataka
Answer: Option D
1. What is FEMA ?
- First Exchange Management Act
- Foreign Exchequer Management Act
- Foreign Exchange Management Act
- Foreign Evaluation Management Act
Answer: Option C
Explanation:
FEMA is Foreign Exchange Management Act, it came into force in July 2000. It replaced Foreign Exchange Regulation Act 1973.
2. Export-Import bank of India was established in ?
- 1981
- 1982
- 1983
- 1984
Answer: Option B
3. Devaluation of currency leads to ?
- fall in domestic prices
- increase in domestic prices
- cant be predicted
- None of above
Answer: Option B
4. "Blue sky laws" is a term used for laws which are :
- Only for personal interest of a political party.
- Which cheaters can use to fraud public.
- Which are there to protect public from securities frauds.
- Which are created in hurry.
Answer: Option D
5. Deficit financing means that the government borrows money from the ?
- Revenue Department
- World Bank
- RBI
- None of above
Answer: Option C
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