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Q1. The way in which the product is delivered to meet the customer's needs refers to :
Correct answer : 4
Q2. Web based complaints redressal system "SCORES" is launched by which of the following organizations/agencies?
Correct answer : 2
Q3. The economy in which there is a mixture of public sector and private sector both, is called ………….
Correct answer : 2
Q4. The Reserve Bank of India does NOT decide the …………
Correct answer : 4
Q5. What does the letter "P" denote in the term "PAN" as used in financial transactions?
Correct answer : 3
Q6. MCX is the index of which of the following stock exchanges of India?
Correct answer : 4
Q7. General Clients of various banks in India can make a complaint to which of the following offices, on the issues related to deficiency in services which do not get resolved at banks' level?
Correct answer : 3
Q8. The sensitive index of National Stock Exchange of India is popularly known as :
Correct answer : 4
Q9. The Statutory Liquidity Ratio (SLR), the amount of liquid assets such as cash, precious metals and other short-term securities are kept with :
Correct answer : 2
Q10. Bhandari Committee is related to :
Correct answer : 3
Q11. Which among the following committee has looked into the maladies affecting the proper functioning of the public distribution systems (PDS) in India?
Correct answer : 3
Q12. ARCIL is an example of :
Correct answer : 3
Q13. Which of the following Rates/Ratios is not covered under the Monetary and Credit policy of the RBI?
Correct answer : 4
Q14. Many times we read about "Balance of Payment" in economic literature. Which of the following statements define the term correctly? A) It is a record of all transactions made between one particular country and all other countries. B) It is a record of all transactions made between the countries wherein the payment was made in a currency other than US Dollar. C) It is a record of all exports / imports from/by a country and difference in amount of both in terms of payment in US dollars.
Correct answer : 1
Q15. The Basel Committee on Banking Supervision is normally known as by which name?
Correct answer : 4
Q16. What is / are the objective / objectives of Public Distribution Scheme? A) Indirect control on open market prices of different goods. B) Supply of cereals and other essential goods to weaker class of society. C) Ensure competitive price for farmer's cultivation.
Correct answer : 2
Q17. Commercial Papers are issued by :
Correct answer : 1
Q18. A Reserve Bank of India (RBI) panel in January 2014 recommended a special category of banks be set up to widen the spread of payment services and deposit products to small bussiness and low income households. These banks are called ………..
Correct answer : 1
Q19. What does NBFCs implies?
Correct answer : 1
Q20. All economic goods are considered as ………in economics.
Correct answer : 1
Q21. Total demand for goods and services at various levels of employment is called as
Correct answer : 1
Q22. Relationship between price of related goods and quantity of a particular commodity is called as
Correct answer : 3
Q23. The "Doing Business Report" is prepared by which of the following organisations every year?
Correct answer : 1
Q24. When did the World Trade Organization, which sets our rules for world trade, come into force?
Correct answer : 4
Q25. Economics is what is ought to be'. This statement refers to :
Correct answer : 1
Q26. The accounting equation is in accord with the fundamental ………concept of accounting.
Correct answer : 4
Q27. VaR means :
Correct answer : 2
Q28. Who has observed that "An office system means a network of procedures integrated and designed to carry out a major activity?
Correct answer : 2
Q29. Advance received from customer is
Correct answer : 1
Q30. Causa Proxima inplies that the loss must arise from
Correct answer : 3
Q31. Jim, a sole proprietor paid a creditor Mr. A from his money outside the firm. The entry to record the transaction would be :
Correct answer : 2
Q32. If the volatility per annum is 25% and the number of trading days per annum is 252, find the volatility per day.
Correct answer : 1
Q33. The capital at the end Rs. 7000 Capital introduced Rs. 5000 Drawings Rs. 8000 Loss Rs. 10000 Then capital in the beginning is equal to
Correct answer : 3
Q34. Closing stock is valued at cost or market price, whichever is
Correct answer : 2
Q35. A company's auditor is expected to give
Correct answer : 2
Q36. Name of the board set up by the council of the ICAI to formulate accounting standards.
Correct answer : 2
Q37. What does net working capital stand for?
Correct answer : 3
Q38. Identify the items shown under fixed assets in the company's balance sheet. 1. Patents 2. Investments 3. Work-in-progress 4. Plant and machinery
Correct answer : 2
Q39. According to Companies Act when the dividend proposals exceed 20% of the Paid Up Capital, the amount to be transferred to reserve shall not be less than
Correct answer : 2
Q40. A per son insures his goods worth Rs. 1,000 for Rs. 800 and suffers a loss of Rs. 900. His claim can be for
Correct answer : 3
Q41. Kinked demand curve is a feature of
Correct answer : 2
Q42. Which one of the following is an example for Non-Banking Financial institution?
Correct answer : 4
Q43. Which one of the following is the most appropriate reason for inequalities in Income?
Correct answer : 2
Q44. The Finance Commission in India is appointed by
Correct answer : 2
Q45. Investment multiplier shows the effect of investment on
Correct answer : 3
Q46. Identify the one which is not related to the Agricultural Price Policy.
Correct answer : 4
Q47. The opportunity cost of a factor of production is
Correct answer : 4
Q48. Which of the following does not form a part of the foreign exchange reserves of India?
Correct answer : 4
Q49. Social accounting system in India is classified into