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Sponsor of a Mutual Fund is like a promoter of a company

A.

TRUE

B.

FALSE

Doubling period is equal to

A.

0.35+ (69/interest rate)

B.

3.5+ (69/inflation rate)

C.

0.035+ (69/interest rate)

D.

35+(69/interest rate)

The Number of foreign Banks operating in India is

A.

20

B.

25

C.

28

D.

32

The markets for funds traded in currencies other than the currency of the trading country are referred to as

A.

off-shore banking centres.

B.

international financial centres.

C.

the world market.

D.

Eurocurrency markets.

Any property inherited by a female Hindu from her husband or from her father in law, in the absence of any son or daughter of the deceased shall go to…..

A.

Heir of mother

B.

Heir of father

C.

Heir of Husband

D.

Heir of Sister

X, a shopkeeper says to Y, who manages his business – “Sell nothing to Z unless he pays you ready money, for I have no opinion of his honesty”. Can Z claim against X for defamation?

A.

Yes, he can

B.

No, if the statement has been said in the good faith

C.

No, because it has not been published

D.

None of the above

For higher per capita GDP........

A.

GDP must grow at a faster rate than population

B.

GDP must grow at a slower rate than population

C.

GDP has no direct effect

D.

None of the above

A person is said to be Agnate of another if the two of them are related by blood or adoption entirely or wholly through males.

A.

TRUE

B.

FALSE

Retiring early will need

A.

Normal saving as planned earlier

B.

Accelerated savings to get the goal

C.

Delayed savings

D.

All of the above

IFSC stands for:

A.

Inter-bank Financial Sector Code

B.

Inter-bank Funds Settlement code

C.

Inter-bank Financial Service Code

D.

None of the above

Which of the following is/are the role of Investment Bankers?

A.

(a) and (b)

B.

(a), (b) and (d)

C.

(a) and (d)

D.

(b), (c) and (d)

Which of the following is controlled under monetary policy?

A.

Interest Rates

B.

Money Supply

C.

Inflation

D.

All of the above

Which of the following statement is correct?

A.

Only I

B.

Only II

C.

Both I and II

D.

None of them

A bank normally does not have to deal with an issue related to

A.

Payments and settlement system

B.

Contractual rights of creditors

C.

Intellectual property rights

D.

Case of insolvency

Rate of interest in post office MIS is

A.

6.50%

B.

7.50%

C.

8.50%

D.

9.50%

NSSO stands for ____________

A.

National Security Space Office

B.

National Shared Services Organization

C.

National Sample Survey Organization

D.

None of the above

Premium under endowment plans equals

A.

risk premium+ savings element +expenses

B.

risk premium +expenses

C.

risk premium +saving element

D.

none of these

Which of the following is not true for Index Funds ?

A.

These funds invests in the shares that constitute a specific index

B.

The investment in shares is in the same proportion as in the index

C.

These funds take only the overall market risk

D.

These funds are not diversified

Which of the following is true of mortgage?

A.

Lender is mortgager

B.

Typical of hypothecation

C.

Possession handed over when charge created

D.

Transfer of interest on specific immoveable property

In case of Pvt. Company memo must be signed by atleast …….. person

A.

One

B.

Two

C.

Seven

D.

Fifteen