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Ch 7: Key Government Institutions — Chapter Test

CSEET 📚 Economic and Business Environment 📖 Ch.7 — BUSINESS ENVIRONMENT ⭐ V1: Previous Year Question (PYQ) ⚡ Free Mode (Answers Locked)
⏱ Duration: 25 Mins 🎯 Total Marks: 20 Passed at: 10 Marks Max Attempts: 10

Standard ICSI CSEET objective examination for Key Government Institutions. 20 MCQs with instant scoring and detailed explanations.

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📑 Exam Questions

20 Questions • Total 20 Marks

Question 1:

1 Marks
NITI Aayog was established by a resolution of the Union Cabinet to replace which of the following institutions?
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Question 2:

1 Marks
Who serves as the ex-officio Chairperson of NITI Aayog?
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Question 3:

1 Marks
Which of the following is a core objective of NITI Aayog?
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Question 4:

1 Marks
The Governing Council of NITI Aayog includes which of the following members?
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Question 5:

1 Marks
The Reserve Bank of India (RBI) was established on April 1, 1935, under the provisions of which Act?
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Question 6:

1 Marks
Which of the following is the primary objective of the monetary policy formulated by the Reserve Bank of India?
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Question 7:

1 Marks
The Reserve Bank of India acts as the banker to the government. In this capacity, which of the following functions does it perform?
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Question 8:

1 Marks
The overall direction and management of the Reserve Bank of India is vested in a Central Board of Directors. Who appoints the Governor and Deputy Governors?
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Question 9:

1 Marks
The Securities and Exchange Board of India (SEBI) was given statutory powers through an Act of Parliament in which year?
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Question 10:

1 Marks
What is the primary objective of the Securities and Exchange Board of India (SEBI)?
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Question 11:

1 Marks
Which of the following entities does SEBI regulate in the Indian securities market?
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Question 12:

1 Marks
The Securities and Exchange Board of India (SEBI) consists of a Chairman and several members. Who appoints the Chairman of SEBI?
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Question 13:

1 Marks
The Competition Commission of India (CCI) was established under which Act?
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Question 14:

1 Marks
What is the primary objective of the Competition Commission of India (CCI)?
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Question 15:

1 Marks
Which of the following is a key function of the Competition Commission of India (CCI)?
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Question 16:

1 Marks
The Competition Commission of India consists of a Chairperson and not less than two and not more than six other Members. Who appoints these members?
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Question 17:

1 Marks
The Insolvency and Bankruptcy Board of India (IBBI) was established under which legislative framework?
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Question 18:

1 Marks
What is the primary objective of the Insolvency and Bankruptcy Board of India (IBBI)?
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Question 19:

1 Marks
Which of the following roles does the IBBI perform in the insolvency ecosystem?
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Question 20:

1 Marks
As per the Insolvency and Bankruptcy Code, 2016, the Insolvency and Bankruptcy Board of India (IBBI) includes five other members appointed by the Central Government. Out of these five, what is the minimum number of whole-time members required?
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