General Knowledge Quiz - Question & Answers Set - 401

  • Question 3 :
  • Many times we read in financial newspapers about ‘FII’. What is the full form of FII ?

  • Final Investment in India
  • Foreign Investment in India
  • Formal Investment in India
  • Fair Institutional Investment
  • Foreign Institutional Investment
  • Explanation:

    Foreign Institutional Investor–FII. An investor or investment fund that is from orregistered in a country outside of the one in which it is currently investing. Institutional investors include hedge funds. Insurance companies, pension funds and mutual funds.
    The term-FII is used most commonly in India to refer to outside companies investing in the Financial Markets of India. Inter National institutional investors must register with the securities and Exchange Board of India to participate in the market. One of the Major
    Market regulations pertaining to FIIs involves placing limits on FII ownership in Indian Companies.

  • Question 4 :
  • Benazir Bhutto is associated with which of the following political parties ?

  • Muslim League
  • Pakistan Peoples Party
  • Pakistan National Congress
  • Islamic Movement of Pakistan
  • None of these
  • Explanation:

    The Pakistan Peoples Party (PPP) is a centre-left Political Party in Pakistan affiliated to the Socialist Inter National. The leader was, until her death by assassination. Chairwoman Benazir Bhutto. The party was founded in 1967, on November 30 and Zulfikar Ali Bhutto its first Chairman. The party creed is “Islam is our faith, democracy is our Politics, Socialism is our economy, all power to the people”.

General Knowledge Quiz - Question & Answers Set - 401
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