Indian Polity and Constitution - Mock Test 2

Question 11

If a commodity is provided free to the public by the Government, then

A) the opportunity cost is zero. B) the opportunity cost is ignored C) the opportunity cost is transferred from the consumers of the product to the tax-paying public D) not known

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Question 12

Which one of the following reflects the most appropriate relationship between law and liberty

A) If there are more laws, there is less liberty B) If there are no laws, there is no liberty C) If there is liberty, laws have to be made by the people D) If laws are changed too often, liberty is in danger

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Question 13

Who was the first temporary chairman of the Constituent Assembly?

A) B R Ambedkar B) Jawahar Lal Nehru C) Rajendra Prasad D) Dr. Sachchidananda Sinha

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Question 14

. IDBI was established in ........................ ?

A) 1948 B) 1954 C) 1992 D) 1964

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Question 15

Financial institutions are also known as ........................ ?

A) Financial organisation B) Financial intermediaries C) Financial system D) Any of the above

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Question 16

. An issue of a minimum size of Rs. ..................... crore is a mega issue?

A) 50 B) 100 C) 15 0 D) 300

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Question 17

An issuer need not filean offer document in case of?

A) public issue B) preferential allotment C) right issue D) bought out deal

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Question 18

Prospectus is not issued in?

A) public issue B) private placement C) right issue D) none the above

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Question 19

.................... issues does not bring in any fresh capita?

A) equity B) preference C) debenture D) bonus

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Question 20

..................... is the link between the depository and the owner?

A) Agent B) Depository participant C) Beneficiary D) Broker

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