March 19 , 2021 - Daily Quiz
1.The only Asokan edict where a precise reference is made to the amount of tax levied was
(a) Rumindei inscription (b) Sohgarua inscription
(c) Mahastan inscription (d) None of these
2. Consider the following statements about the Financial Stability and Development Council (FSDC):
(i) FSDC is a statutory body.
(ii) FSDC has replaced the High-Level Coordination Committee on Financial Markets (HLCCFM).
(iii) What distinguishes FSDC from other such similarly situated organizations across the globe is the additional mandate given for development of financial sector.
Which of the statements given above is/are correct?
(a) i only (b) i and iii only
(c) iii only (d) ii and iii only
3. Which of the following statements about a preferential issue are right?
(i) A preferential issue is an issue of shares or of convertible securities by listed companies to a select group of persons.
(ii) A preferential issue is neither a rights issue nor a public issue.
(iii) This is a faster way for a company to raise equity capital.
(a) i and ii only (b) ii and iii only
(c) i and iii only (d) All of the above
4. Which of the following act authorised the E.I. company to issue coins?
(a) Charter Act 1619
(b) Act of 1657
(c) Charter Act 1638
(d) Charter Act 1686
5. An option to voters to exercise None of the Above (NOTA) in case they do not want to vote for any of the candidate contesting an election was provided by:
(a) A constitutional amendment.
(b) An ordinary law made by the Parliament.
(c) The judiciary on the basis of a Public Interest Litigation.
(d) An order of the Election Commission of India.
ANSWERS
1. (a)
2. (d)
3. (d)
4. (d)
5. (c)
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