Correct answer: (a) I and II only
Explanation
- A
I and II only
I and II only. India is a giant in global equity-option volume, and Indian market cap overtook Hong Kong at one point. III fails: SEBI exists and has acted on unregistered advisors and F&O risk.
- B
II and III only
II and III only. III is false.
- C
I and III only
I and III only. That keeps the ‘no regulator’ line.
- D
I, II and III
All three. III is the planted error.
Summary. Official Set A key is (a) I and II only. Indian exchanges have accounted for a very large share of global equity-option contracts (I). Listed Indian market value overtook Hong Kong’s in 2024 (II). III is false: SEBI is the regulator; it warns on derivatives and acts against unregistered investment advisors. So I and II, not I and III.
PYQ trend
When UPSC asked this
Related PYQs from other years, newest first. Open a question to read it.
-
2022 · Q3 · General Studies · 2 marks
With reference to the Indian economy, consider the following statements: 1. If the inflation is too high, Reserve Bank of India (RBI) is likely to buy government securities. 2. If the rupee is rapidly depreciating, RBI is likely to sell dollars in the market. 3. If interest rates in the USA or European Union were to fall, that is likely to induce RBI to buy dollars. Which of the statements given above are correct? -
2022 · Q10 · General Studies · 2 marks
With reference to the Indian economy, consider the following statements: 1. A share of the household financial savings goes towards government borrowings. 2. Dated securities issued at market-related rates in auctions form a large component of internal debt. Which of the above statements is/are correct? -
2022 · Q65 · General Studies · 2 marks
With reference to Convertible Bonds, consider the following statements: 1. As there is an option to exchange the bond for equity, Convertible Bonds pay a lower rate of interest. 2. The option to convert to equity affords the bondholder a degree of indexation to rising consumer prices. Which of the statements given above is/are correct? -
2021 · Q13 · General Studies · 2 marks
With reference to India, consider the following statements: 1. Retail investors through demat account can invest in 'Treasury Bills' and 'Government of India Debt Bonds' in primary market. 2. The 'Negotiated Dealing System-Order Matching' is a government securities trading platform of the Reserve Bank of India. 3. The 'Central Depository Services Ltd' is jointly promoted by the Reserve Bank of India and the Bombay Stock Exchange. Which of the statements given above is/are correct? -
2019 · Q67 · General Studies · 2 marks
Which of the following is issued by registered foreign portfolio investors to overseas investors who want to be part of Indian stock market without registering themselves directly? -
2017 · Q33 · General Studies · 2 marks
What is/are the advantage/advantages of implementing the 'National Agriculture Market' scheme? 1. It is a pan-India electronic trading portal for agricultural commodities. 2. It provides the farmers access to nationwide market, with prices commensurate with the quality of their produce. Select the correct answer using the code given below: