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Liability of a member in case of a private company is

A.

Limited

B.

Unlimited

C.

Both (a) or (b)

D.

None of the above

_______ is an unconditional written order to pay money.

A.

Bill of Exchange

B.

Cheque

C.

Both of the above

D.

None of the above

According to the dividend-growth model, the valuation of common stock depends on

A.

I and II

B.

I and III

C.

II and III

D.

All of the above

Joint account with a resident is permitted in case of

A.

NRO A/c

B.

FCNR

C.

NRE

D.

All of the above

Is it possible to reduce the risk by adding a security with a higher risk to a security with a lower risk that is already held?

A.

No, the total risk after the addition will be higher

B.

The new security will have no impact in reducing the risk

C.

Yes, provided both the securities are negatively correlated

D.

Yes, provided both the securities are positively correlated to each other

Risk is

A.

A peril

B.

A hazard

C.

A probability of loss

D.

A certain outcome

Which of the following assets not included in calculating wealth tax?

A.

Commercial buildings

B.

Residential

C.

A farm situated 40 km far from local limits of any municipality or a cantonment Board

D.

Any guest house

Stock broker’s human capital is _________ to stock market as compared to a school teacher

A.

Less sensitive

B.

Sensitive at par

C.

More sensitive

D.

No correlation

If everyone is forced to pay an extra Rs 1000 in taxes each year, "the" multiplier

A.

Is unchanged and income falls

B.

Becomes smaller and income falls

C.

Becomes larger and income falls

D.

becomes larger and income rises

Some institutions may be used by criminals to transfer and hide illegal wealth. The institutions are often located in countries with well-developed secrecy laws and attractive tax structures.

These institutions are called:

A.

Offshore banks

B.

Trusts

C.

Shell companies

D.

Front companies

Where one can open an account under the Public Provident Fund Scheme, 1968?

A.

In any branch of the State Bank of India.

B.

In any branch of the State Bank of India, and its subsidiaries.

C.

In any branch of the State Bank of India, and its subsidiaries, or in any Head Post Office or any selected sub post office.

D.

In any branch of the State Bank Of India, and its subsidiaries, or in any Head Post Office or any selected sub post office or in any of the nationalized banks.

When Government adjusts its economic policy through the Central Budget, it is exercising_________

A.

Fiscal policy

B.

Exchange rate policy

C.

Monetary policy

D.

Income policy

AUM stands for

A.

Asset Utilization Model

B.

Asset Under Management

C.

Area Under Management

D.

None of the above

Government has changed certain industries related regulation in Parliament, it is an example of:

A.

Interest rate risk

B.

Political risk

C.

Market risk

D.

None of the above

Technical Analysis involves

A.

Measuring the intrinsic value

B.

Analyzing the macroeconomic indicators

C.

Analyzing the industry that stock falls in

D.

None of the above

Which of following statement is/are true in relation to PPF account?

A.

Statements I & II are true

B.

Statements II & III are true.

C.

Statements I & IV are true

D.

Statements III & IV are true

Which of the following is not true?

A.

Only II

B.

Only I and II

C.

Only III

D.

None of these