Q1. On a cheque issued by a
customer, the words bearer or order are not written. This cheque will be
treated as?
(a) A bearer cheque
(b)
An order cheque
(c) This not a valid
cheque
(d) This is not a
negotiable instrument now
Q2. An agreement
between two nations or a group of nations which establishes unimpeded exchange
and flow of goods and services between/among trade partners regardless of
national boundaries is called?
(a) Import Free
Agreement
(b)
Free Trade Agreement
(c) Export Free
Agreement
(d) None of the above
Q3. On a cheque issued
by a customer, the words bearer or order are written. This cheque will be
treated as?
(a)
A bearer cheque
(b) An order cheque
(c) This not a valid
cheque
(d) This is not a
negotiable instrument now
Q4. The Food and
Agriculture Organisation (FAO) is a wing/agency of the?
(a) World Bank
(b)
United Nations Organisation
(c) Asian Development
Bank
(d) Ministry of
Agriculture Govt. of India
Q5. On which of the following
types of cheques alterations are not allowed by RBI?
(a) Paper cheque
(b)
CTS cheque
(c) Electronic cheque
(d) Cheque with account
payee crossing
Q6. The term
“capitalisation of reserves” is used to denote?
(a) the use of reserves
for the acquisition of additional capital
(b) the use of reserves
for paying-off loans raised for building up fixed assets
(c)
the use of reserves for issuing bonus shares to the existing shareholders
(d) the use of reserves
for the replacement of depreciated assets
Q7. “Multi-currency basket”
means?
(a) a number of
international currencies to which the value of SDRs is linked
(b) selected
international currencies to which the value of Asian Monetary Unit is
linked
(c)
number of major international currencies to which the external value of the
Indian rupee is linked
(d) the name given to a
group of West European currencies.
Q8. The term
“hyper-inflation” is used to denote?
(a) a situation with
moderate rise in price level
(b) an inflationary
situation where the external forces are the primary contributing factors
(c)
a “runway” or “galloping” inflationary situation where the monetary unit
becomes almost worthless
(d) a situation where
the cost of living index is rising alarmingly
Q9. The term
“hyper-employment” means?
(a) a situation where
machines are used to intensify utilisation of labour
(b) a situation where
plant is used without any rest
(c)
a situation where the demand for labour far exceeds its supply
(d) a situation where
machines are substituted for labour
Q10. “Hot money” means?
(a) money earned through
illegal transactions
(b) money earned through
speculative transactions
(c) money used to hoard
scarce commodities
(d) capital which is
frequently transferred between financial institutions in an attempt to maximize
interest or capital gain.
No comments:
Post a Comment