Indian Economy

Q: Which committee submitted comprehensive recommendations on Corporate Governance in India?

Correct Answer: Option B (Uday Kotak Committee). The SEBI constituted the Uday Kotak Committee on Corporate Governance in 2017 to improve standards in listed companies.

Q: Which committee was formed to provide recommendations on the Disinvestment of Public Sector Undertakings (PSUs)?

Correct Answer: Option B (Rangarajan Committee). The C. Rangarajan Committee was set up by the government in 1993 to suggest measures for the disinvestment of PSUs.

Q: Which committee was constituted by the RBI to chart the roadmap for Capital Account Convertibility?

Correct Answer: Option A (Tarapore Committee). The S.S. Tarapore Committee on Capital Account Convertibility was constituted by the RBI in 1997 and 2006.

Q: Which committee was formed to review the working of the Fiscal Responsibility and Budget Management (FRBM) Act?

Correct Answer: Option B (N.K. Singh Committee). The N.K. Singh Committee was formed in 2016 to review the FRBM Act and suggest a feasible fiscal framework.

Q: An investment made by a firm or individual in one country into business interests located in another country is broadly termed as?

Correct Answer: Option D (Foreign Direct Investment (FDI)). FDI is an investment in the form of a controlling ownership in a business in one country by an entity based in another country.

30 Questions

Practice Indian Economy questions with answers and step-by-step solutions. These problems are curated from recent campus placement test papers (TCS, Infosys, Wipro, Cognizant, Accenture) and competitive government exams (SSC CGL, Bank PO, RRB NTPC, UPSC).

Quick Mode: Practice Questions Timed Mock Test

Indian Economy: Reference Context & Data Shared for questions below

Directions & CaseletDirections: Read each question carefully and select the most appropriate option. These questions follow the direct, fact-intensive pattern of Banking (IBPS, SBI, RBI) and regulatory examinations.

Banking Exam General Awareness: Indian Economy (30 Questions)

Q26

Which committee submitted comprehensive recommendations on Corporate Governance in India?

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Q27

Which committee was formed to provide recommendations on the Disinvestment of Public Sector Undertakings (PSUs)?

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Q28

Which committee was constituted by the RBI to chart the roadmap for Capital Account Convertibility?

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Q29

Which committee was formed to review the working of the Fiscal Responsibility and Budget Management (FRBM) Act?

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Q30

An investment made by a firm or individual in one country into business interests located in another country is broadly termed as?

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Indian Economy

Which committee submitted comprehensive recommendations on Corporate Governance in India?

Community Discussion & Shortcut Formulas

Which committee was formed to provide recommendations on the Disinvestment of Public Sector Undertakings (PSUs)?

Community Discussion & Shortcut Formulas

Which committee was constituted by the RBI to chart the roadmap for Capital Account Convertibility?

Community Discussion & Shortcut Formulas

Which committee was formed to review the working of the Fiscal Responsibility and Budget Management (FRBM) Act?

Community Discussion & Shortcut Formulas

An investment made by a firm or individual in one country into business interests located in another country is broadly termed as?

Community Discussion & Shortcut Formulas