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Question : Statement 1: SEBI's development functions include investor education and training.

Statement 2: SEBI's development functions solely focus on regulating credit rating agencies.

Option 1: Statement 1 is true, and statement 2 is true.
   

Option 2: Statement 1 is true, but statement 2 is false.
  

Option 3: Statement 1 is false, and statement 2 is true.

   

Option 4: Statement 1 is false, and statement 2 is false.

Team Careers360 21st Jan, 2024

Correct Answer: Statement 1 is true, but statement 2 is false.
  


Solution : The correct answer is (b) Statement 1 is true, and statement 2 is false.

Statement 1 is true. SEBI, as part of its development functions, focuses on investor education and training to enhance awareness and understanding of financial markets among investors. Educating and training investors is a key component of SEBI's efforts to develop the securities market.

statement 2 is false. SEBI's development functions encompass a broader range of activities aimed at developing and promoting the securities market. While regulating credit rating agencies might be one aspect of its responsibilities, SEBI's development functions extend beyond this and include various initiatives to facilitate market growth, investor education, capacity building, and more.

11 Views

Question : The Human Development Index (HDI) measures the overall development based on indicators such as:

Option 1: Income, education, and health

Option 2: GDP, inflation, and employment

Option 3: Industrial output, exports, and imports

Option 4: Life expectancy, fertility rate, and literacy rate

Team Careers360 16th Jan, 2024

Correct Answer: Income, education, and health


Solution : The correct answer is (a) Income, education, and health.

The HDI is a composite index created by the United Nations Development Programme (UNDP) to assess and compare the levels of human development across different countries. It takes into account multiple dimensions of development, including income, education, and health.

The income component is measured by Gross National Income (GNI) per capita, which reflects the average income of individuals in a country. The education component considers indicators such as mean years of schooling and expected years of schooling, which represent the educational attainment of the population. The health component includes indicators like life expectancy at birth, which reflects the overall health status of the population.

The HDI provides a more holistic and comprehensive assessment of development beyond economic indicators like GDP or industrial output.

48 Views

Question : Which of the following is an example of an automatic stabilizer?

 

Option 1: Unemployment benefits

Option 2: Defense spending

Option 3: Education spending

 

Option 4: Social security spending

Team Careers360 16th Jan, 2024

Correct Answer: Unemployment benefits


Solution : The correct answer is (a). Unemployment benefits

unemployment benefits are an example of an automatic stabilizer. Automatic stabilizers are government policies or programs that are designed to automatically stabilize the economy during periods of economic downturns or recessions.

Unemployment benefits provide financial assistance to individuals who have lost their jobs and are actively seeking employment. During economic downturns, when unemployment rates tend to rise, the number of individuals eligible for and receiving unemployment benefits increases. These benefits act as an automatic stabilizer because they help support individuals and families during times of economic hardship, thereby providing a stimulus to the economy.

Unemployment benefits help stabilize the economy by providing income to unemployed individuals, which can be used to meet their basic needs and maintain their consumption levels. This, in turn, helps to mitigate the negative impact of recessions on aggregate demand and can contribute to stabilizing the overall economy.

 

16 Views

Question : Based on Macaulay’s Minute, the English Education Act was introduced in ______.

Option 1: 1875

Option 2: 1835

Option 3: 1855

Option 4: 1815

Team Careers360 23rd Jan, 2024

Correct Answer: 1835


Solution : The correct option is 1835.

Macaulay's Minute was written in 1835, and it played a significant role in the introduction of the English Education Act of 1835 in India. The English Education Act, also known as the Minute on Indian Education, was enacted by the British colonial government in India. Lord Thomas Babington Macaulay, a British colonial administrator, drafted the Minute.

7 Views

Question : Assertion: SEBI's development functions include regulating stockbrokers and sub-brokers.

Reason: SEBI aims to provide investor education and training.

Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
 

Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
 

Option 3: Assertion is true, but the reason is false.

    

Option 4: Assertion is false, but the reason is true.

Team Careers360 16th Jan, 2024

Correct Answer: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
 


Solution : The correct answer is (a) Both assertion and reason are true, and the reason is the correct explanation of the assertion.

The assertion is true. SEBI's development functions do include regulating stockbrokers and sub-brokers to ensure a fair and transparent securities market.

The reason is true and provides the correct explanation. SEBI aims to provide investor education and training to enhance investor knowledge and awareness. Educated and informed investors are vital for a healthy and well-functioning securities market. Therefore, the reason accurately explains SEBI's development functions related to investor education and training.

 

12 Views

Question :

Directions: In the following question, select the related word from the given alternatives.
Medicine : Patient :: Education : ?

Option 1: Teacher

Option 2: School

Option 3: Student

Option 4: Tuition

Team Careers360 19th Jan, 2024

Correct Answer: Student


Solution : Given:
Medicine : Patient :: Education : ?

Like, the patient is the recipient of medicine.
Similarly, the student is the recipient of education.

Hence, the third option is correct.

15 Views

Question : Which of the following infrastructure is associated with education, health and housing?
 

Option 1: Economic infrastructure
 

Option 2: Social infrastructure
 

Option 3: Both A and B
 

Option 4: Neither A and B.
 

Team Careers360 16th Jan, 2024

Correct Answer: Economic infrastructure
 


Solution : Social infrastructure includes infrastructure associated with education , health and housing. It is important to promote such activities which improve quality of Human Resource.
Hence Option A is correct.

8 Views

Question : Why is human development considered a multidimensional concept?

Option 1: It focuses solely on economic growth  
     

 

Option 2: It includes only educational attainment  
 

Option 3: It encompasses health, education, and income  

    

Option 4: It is based on technological advancements  

Team Careers360 24th Jan, 2024

Correct Answer: It encompasses health, education, and income  

    


Solution : Human development is considered a multidimensional concept because it encompasses health, education, and income, reflecting a broader view of well-being beyond just economic growth.

 

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