What was the finest variety of muslin known as?
Anonymous Quiz
22%
Dhaka Muslin
47%
Malmal Shahi
20%
Bombay Muslin
11%
Calcutta Muslin
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What role did India play in the British economic system during colonial rule?
Anonymous Quiz
10%
India was a competitor to British industries.
73%
India was a consumer of British goods.
10%
India was a partner in British industries.
8%
India was a self-sufficient economic entity.
β CUET 2026 Economics | 150 Important MCQ's Questions | Class 1
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What is the primary function of a stock exchange?
Anonymous Quiz
2%
Offering banking services
86%
Providing a platform for buying and selling existing securities
3%
Offering loans to companies
9%
Issuing new securities for companies
What does dematerialisation refer to in the context of securities trading?
Anonymous Quiz
71%
Converting physical securities into electronic form
17%
Transferring funds electronically
9%
Physical delivery of securities
3%
Printing of physical share certificates
Which of the following entities is NOT a depository participant?
Anonymous Quiz
12%
Banks
34%
Stock brokers
27%
Insurance companies
27%
Individual investors
When was the National Stock Exchange of India incorporated?
Anonymous Quiz
34%
1988
44%
1992
21%
1994
1%
2000
What is the role of the Securities and Exchange Board of India (SEBI)?
Anonymous Quiz
2%
To act as a central bank
89%
To promote orderly and healthy growth of the securities market and protect investors
4%
To provide loans to industrial sectors
5%
To directly trade in the stock market
What led to the establishment of SEBI?
Anonymous Quiz
9%
A need for a central bank
5%
The growth of the IT industry
84%
Malpractices in the securities market and the need for investor protection
2%
The introduction of electronic trading
Which of the following is a regulatory function of SEBI?
Anonymous Quiz
6%
Providing loans to investors
56%
Registration of brokers and sub-brokers
5%
Offering banking services
33%
Conducting trade on stock exchanges
When did screen-based trading start on the National Stock Exchange (NSE)?
Anonymous Quiz
22%
1988
53%
1992
16%
1994
9%
2000
Which of the following is a development function of SEBI?
Anonymous Quiz
4%
Issuing currency notes
88%
Training of intermediaries of the securities market
8%
Providing insurance services
0%
Managing pension funds
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The Bombay Stock Exchange (BSE) was established in which year?
Anonymous Quiz
30%
1988
38%
1875
28%
1992
3%
2000
When are debentures said to be issued at par?
Anonymous Quiz
14%
When issued below their face value
15%
When issued above their face value
70%
When issued at their face value
1%
When issued in exchange for services
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How is the premium on the issue of debentures treated in accounting?
Anonymous Quiz
10%
As an operational expense
37%
As a capital loss
41%
As a capital profit
12%
As a liability
What happens in the case of over-subscription of debentures?
Anonymous Quiz
7%
The issue is cancelled
18%
Additional debentures are issued
20%
The application is rejected
56%
Excess money is refunded or adjusted
What entry is made on the receipt of call money for debentures?
Anonymous Quiz
65%
Debit Bank A/c, Credit Debenture First Call A/c
27%
Debit Debenture First Call A/c, Credit Bank A/c
2%
Debit Debentures A/c, Credit Bank A/c
6%
Debit Bank A/c, Credit Debentures A/c
A Ltd. issued 2,000, 10% debentures of βΉ100 each at a discount of 5% redeemable at a premium of 3%. What does 10% indicate?
Anonymous Quiz
18%
Rate of Dividend
73%
Rate of Interest on Debentures
10%
Rate of tax deducted at source
0%
None of these
How is a capital loss due to the issue of debentures at a discount written off?
Anonymous Quiz
49%
By debiting the Statement of Profit and Loss
19%
By crediting the Securities Premium Reserve A/c
31%
By debiting the Discount on Issue of Debentures A/c
1%
By crediting the Debentures A/c
Ravi Ltd. issued 6,000 Debentures of βΉ100 each at a premium of βΉ10. It will credit Debentures Account by:
Anonymous Quiz
34%
βΉ6,60,000
55%
βΉ6,00,000
6%
βΉ4,50,000
6%
None of these