In service sector, small enterprises investment in equipment is
a. Less than 25 lakhs
b. 10 Lakhs to 2 Crores
c. 25 Lakhs to 5 Crores
d. 5 Crores to 10 Crores
Ans – b
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What are we going to do? And, how are we going to do? In which of the following categories these two questions fall?
a. Researching
b. Planning
c. Controlling
d. Managing
Ans – b
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Which of the following is true when Death/ insolvency/ Retirement or Expulsion of any partner takes place in a Partnership firm?
a. Firm is compulsorily dissolved
b. Firm is reconstituted
c. Continuation of the Firm depends upon the provisions made in the Partnership Deed
d. Both b or c
Ans – d
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Which of the following is the instrument of payment called Plastic Money? (i) Debit card, (ii)
Credit card, (iii) Banker’s cheque
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans – a
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The T-bill is quoted in the secondary market with the minimum tradable amount of Rs…….
a. 100
b. 10000
c. 25000
d. 50000
Ans – c
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In Housing Loan, if EMI is not paid on due date, penal interest at …… % will be charged normally.
a. 2
b. 3
c. 4
d. 5
Ans – a
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Under the Banking Ombudsman scheme an arbitrator is separately appointed by
a. Banking ombudsman himself
b. RBI
c. GOI-MOF
d. GOI-Law ministry Ans – d
A settlement system in which the processing and final payment of funds transfer instructions takes place continuously, is called ……
a. debit clearing system
b. credit clearing system
c. national clearing system
d. real time gross settlement
Ans – d
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Instead of 4P, which is used for Marketing services?
a. 5P
b. 6P
c. 7P
d. 8P
Ans – c
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Book debts can be financed by ……
a. Factoring
b. Forfeiting
c. Both a and b
d. None of these
Ans – c
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INDONET was set up by ……
a. RBI
b. CMC Ltd
c. TCS
d. None of the above
Ans – b
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A CP is a/an instrument.
a. Secured
b. Unsecured
c. Both a & b
d. None of these
Ans – b
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Which is/are not correct? Travelers cheques are (i) Transferable, (ii) Not transferable, (iii)
Transferable provided transferee is a hotel, departmental store or a bank
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans – c
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Which of the following are part of Public Sector Banks ? (i) State Bank of Hyderabad, (ii) Central Bank of India, (iii) Regional Rural Bank, sponsored by a nationalized bank
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans – d
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Travellers cheques are payable to ……
a. Bearer
b. Order
c. Named payee only
d. All of the above
Ans – b