The methods of credit control by the Reserve Bank of India may be broadly divided into two parts. These are :
(a) open and close
(b) quantitative and qualitative
(c) monetary and fiscal
(d) rural and urban
What is the minimum number of directors in a public limited company :
(a) 2
(b) 3
(c) 5
(d) 7
Ques 3.
'Pure Banking,' Nothing Else' is a slogan raised by :
(a) ICICI Bank
(b)HDFC Bank
(c) SBI
(d) UTI Bank
Ques 4.
'Smart Money ' is a term used for :
(a) Internet Banking
(b) Cash with Public
(c) Cash with Bank
(d) Credit Card
Ques 5.
The government has allowed issue of Long -term Bonds for Insurance Companies and others upto :
(a) 10 years
(b) 15 years
(c) 25 years
(d) 30 years
Ques 6.
Discount on issue of shares is a:
(a) revenue loss
(b) capital loss
(c) deferred revenue expenditure
(d) revenue and capital loss both
Ques 7.
Which of the following committee recommanded a separate Act, for securitisation and Reconstruction of financial Assets and Enforcement of security Interest Act.
(a) Rangarajan committee
(b) T.R. Andhyarajuna Committee
(c) Narashimham Committee
(d) Nayak Committee
Ques 8.
What are the Rights available to a secured creditor :
(a) To sell the assets
(b) File application with DRT for recovery of full or remaining dues.
(c) To Proceed against the guarantee
(d) All of the above
Ques 9.
The significance of index linked bonds is :
(a) It provides protection against inflation rate rise
(b) It is inbuilt in the process
(c) Both A and B
(d) none of the above
Ques 10.
Which of the following is not credit substitute :
(a) commercial Paper
(b) Mortgage Loan
(c) Corporate Bond
(d) Certificate of Deposit
Ques 11.
The difference between a bond and Loan is :
(a) The loan has normally fixed rate of interest. Bond price is depended on market interest rate movements
(b)Bonds are more liquid
(c) Yield to maturity value can be known easily in a bond
(d) All of the above
Ques 12.
Advanced payment of tax is in the nature of :
(a) Asset
(b) Liability
(c) Prepaid Expenses
(d) Revenue Expenses
Ques 13.
CSO has changed its base year National Income estimation. The new base year is :
(a) 1990-91
(b)2004 -05
(c) 1994-95
(d) 1995-96
Ques 14.
First share market in India was established in :
(a) Delhi
(b) kolkata
(c) Mumbai
(d) Chennai
solutions :
Ans 1. Quantitative and qualitative
Ans 2. 7
Ans 3. SBI
Ans 4. Credit Card
Ans 5. 25 Years
Ans 6. Capital loss
Ans 7. T.R.Andhyarajuna Committee
Ans 8. All of the above
Ans 9. Both A and B
Ans 10. Mortgage Loan
Ans 11.All of the above
Ans 12. Prepaid Expenses
Ans 13. 2004- 05
Ans 14. Mumbai
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