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Important National Organizations Quiz 02
Question
1
of 10
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10
Q1. The headquarters of PFRDA lies in:
A.
Mumbai
B.
New Delhi
C.
Lucknow
D.
Kolkata
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
B
The Pension Fund Regulatory and Development Authority is headquartered in New Delhi.
Q2. Pension Fund Regulatory and Development Authority (PFRDA) was established in the year?
A.
1995
B.
2010
C.
1988
D.
2003
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
D
PFRDA was established by the Government of India on August 23, 2003.
Q3. The National Bank for Agriculture and Rural Development (NABARD) was established in:
A.
1982
B.
1991
C.
1987
D.
1975
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
A
NABARD was established on July 12, 1982, to implement the National Bank for Agriculture and Rural Development Act 1981.
Q4. NABARD is associated with:
A.
Rural development
B.
Urban development
C.
Industrial development
D.
Development of railways
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
A
NABARD focuses on credit flow for agriculture and the development of rural areas.
Q5. Securities and Exchange Board of India (SEBI) was established on
A.
12-Apr-95
B.
12-Apr-82
C.
12-Apr-52
D.
12-Apr-88
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
D
SEBI was first established as a non-statutory body on April 12, 1988.
Q6. In which year the Securities and Exchange Board of India was established as a statutory body?
A.
1988
B.
1990
C.
1992
D.
1994
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
C
SEBI was given statutory powers on January 30, 1992, through the SEBI Act, 1992.
Q7. SEBI is headquartered in ____
A.
Lucknow
B.
Hyderabad
C.
Mumbai
D.
Delhi
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
C
The head office of SEBI is located at Bandra Kurla Complex in Mumbai.
Q8. SEBI is a ____
A.
Statutory body
B.
Advisory body
C.
Constitutional body
D.
Non-statutory body
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
A
SEBI is a statutory body as it was established by an Act of Parliament (SEBI Act 1992).
Q9. Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?
A.
GOI
B.
RBI
C.
Ministry of Commerce
D.
Ministry of Finance
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
D
PFRDA operates under the jurisdiction of the Ministry of Finance, Government of India.
Q10. Which of the following authorities regulates National Pension Scheme (NPS)?
A.
IRDA
B.
PFRDA
C.
CAG
D.
SEBI
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
B
PFRDA is the apex body that promotes and regulates the pension sector in India, including NPS.
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