SSC CGL Economy – Financial Markets & Institutions – Level 3 · Challenge
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Secondary trades are between investors; the company receives nothing.
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SSC CGL Economy – Financial Markets & Institutions – Level 3 · Challenge – 8 questions, subject: Indian Economy. Every question has the correct answer with a one-line explanation; tap "Show Answer". Free practice for TNPSC, UPSC, SSC, Bank and RRB exams – Shanmugam IAS Academy, Coimbatore.
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1.
Statement-based
I. T-bills are issued for State Governments as well as the Centre.
II. A T-bill is issued at a discount and repaid at face value.
III. Certificates of deposit are issued by banks.
Which are correct?
I. T-bills are issued for State Governments as well as the Centre.
II. A T-bill is issued at a discount and repaid at face value.
III. Certificates of deposit are issued by banks.
Which are correct?
Correct Answer: A [II and III only]
Explanation:
T-bills are Central Government only; states issue SDLs.
2.
A mutual fund scheme has assets of ₹ 1,250 crore, liabilities of ₹ 50 crore and 75 crore units. Its NAV per unit is:
Correct Answer: B [₹ 16]
Explanation:
Answer: ₹ 16. (1,250 − 50) ÷ 75 = ₹ 16.
3.
A perpetual bond paying ₹ 72 a year is priced at ₹ 1,200. If the market yield rises by 2 percentage points, its new price is:
Correct Answer: B [₹ 900]
Explanation:
Yield now 72 ÷ 1,200 = 6%; new yield 8% → 72 ÷ 0.08 = ₹ 900.
4.
An option that gives its buyer the right, but not the obligation, to SELL at a fixed price is a:
Correct Answer: C [put option]
Explanation:
Put = right to sell; call = right to buy.
5.
Neha buys a share at ₹ 400, gets a dividend of ₹ 12 and sells at ₹ 448. Her holding-period return is:
Correct Answer: D [15%]
Explanation:
(448 − 400 + 12) ÷ 400 × 100 = 15%.
6.
Arrange in orderArrange the development finance institutions from oldest to newest:
I. IDBI II. NaBFID III. IFCI IV. SIDBI
I. IDBI II. NaBFID III. IFCI IV. SIDBI
Correct Answer: A [III, I, IV, II]
Explanation:
IFCI 1948 → IDBI 1964 → SIDBI 1990 → NaBFID 2021.
7.
Which statement about the NPS is correct?
Correct Answer: C [It is a defined-contribution scheme regulated by PFRDA]
Explanation:
NPS is defined-contribution; PFRDA regulates it; armed forces are excluded from the 2004 mandate.
8.
Statement-based
I. In the primary market, money goes to the issuing company.
II. In the secondary market, the company receives money each time its shares are traded.
Which is/are correct?
I. In the primary market, money goes to the issuing company.
II. In the secondary market, the company receives money each time its shares are traded.
Which is/are correct?
Correct Answer: B [Only I]
Explanation:
Secondary trades are between investors; the company receives nothing.
➤ Full notes, shortcuts and every answer explained – SSC CGL 2026 Indian Economy book (₹149): www.shanmugamiasacademy.in/study-materials/ssc-cgl-indian-economy
📘 SSC CGL 2026 – Indian Economy (Tier I + Tier II)
Here you get the answer with a one-line explanation. 773 original questions with answer key and explanations · mind-maps, notes, tables and shortcuts · Tier I and Tier II practice sets + 3 mock tests
Get the book – ₹149 More quizzes
› SSC CGL Economy – Mock Test 3 – Tier II Style
› SSC CGL Economy – Mock Test 2 – Tier I Style
› SSC CGL Economy – Mock Test 1 – Tier I Style
› SSC CGL Economy – Government Schemes & Programmes – Tier II Level · Marathon
› SSC CGL Economy – Government Schemes & Programmes – Level 3 · Challenge
› SSC CGL Economy – Government Schemes & Programmes – Level 2 · Exam Level · Tier I Sprint
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