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MoneyBytes Weekly Quiz #5

Which is the largest commodity exchange in India?
National Commodity and Derivatives Exchange (NCDEX)
Indian Commodity Exchange (ICEX)
National Multi Commodity Exchange (NMCE)
Multi Commodity Exchange of India (MCX)
Who defines the Monetary Policy in India?
Reserve Bank of India (RBI)
Prime Minister
Finance Minister
Securities Exchange Board of India (SEBI)
"Derivatives are financial weapons of mass destruction". Who said this?
Rakesh Jhunjhunwala
Warren Buffet
Richard Thaler
Jeff Bezos
Which among the following choices are Derivatives?
Forward, Options, and Futures
Forward, Purchase, and Options
Futures, Options, and Lots
Futures, Lots and Purchase
Which asset is not liable to attachment even by a court order?
Self-occupied House
Employee Provident Fund
Public Provident fund (PPF)
Maturity Proceeds of Life Insurance Policy
Which section of Income Tax Act, provides exemption of the expenses incurred for treatment of specified critical illness of family members?
Section 80D
Section 80DD
Section 80DDB
Section 80DDA
In which year was the last Railway Budget presented in the Loksabha?
2014
2015
2019
2016
What methodology is used to calculate the value of BSE Sensex?
Price-weighted
Free Float Market Capitalization
Broad-based
Composite
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