MCQOPTIONS
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MCQOPTIONS
This section includes 29 Mcqs, each offering curated multiple-choice questions to sharpen your Bachelor of Commerce (B Com) knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
____________ allocates saving efficiently in an economy to ultimate users either for investment in real assets or for consumption. |
| A. | Economic system |
| B. | Banking system |
| C. | Financial system |
| D. | Market system |
| Answer» D. Market system | |
| 2. |
______________is an apex institution to coordinate, supplement and integrate the activities of all existing specialized financial institutions. |
| A. | IFCI |
| B. | IDBI |
| C. | RBI |
| D. | SEBI |
| Answer» C. RBI | |
| 3. |
Which of these DFI was primarily set up for the development of the Micro, Small and Medium Enterprise (MSME) sector? |
| A. | NABARD |
| B. | IDBI |
| C. | SIDBI |
| D. | IFCI |
| Answer» D. IFCI | |
| 4. |
The financial Market where debt and stocks are traded and maturity period is more than a year is classified as: |
| A. | Shorter term Markets |
| B. | Capital Markets |
| C. | Counter Markets |
| D. | Long-term Markets |
| Answer» C. Counter Markets | |
| 5. |
The bonds that are backed by cash flow from project and are sold to finance particular project are classified as: |
| A. | Finance Bonds |
| B. | Revenue Bonds |
| C. | Financing Bonds |
| D. | Project Bonds |
| Answer» C. Financing Bonds | |
| 6. |
An increase in productivity in a country will cause its currency to _____ because it can produce goods at a _____ price. |
| A. | depreciate; lower |
| B. | appreciate; lower |
| C. | depreciate; higher |
| D. | appreciate; higher |
| Answer» C. depreciate; higher | |
| 7. |
If a factor increases the demand for _____ goods relative to _____ goods, the domestic currency will appreciate. |
| A. | foreign; domestic |
| B. | foreign; foreign |
| C. | domestic; domestic |
| D. | domestic; foreign |
| Answer» E. | |
| 8. |
The demand for domestic currency in the foreign exchange market is indicated by the following transactions in balance of payment. |
| A. | Export of goods and services |
| B. | Import of goods and services. |
| C. | Export of goods and services and capital inflows. |
| D. | Import of goods and services and capital outflows. |
| Answer» D. Import of goods and services and capital outflows. | |
| 9. |
Which security holders will receive arrears of the non- payment of dividends by the Company during the loss? |
| A. | Cumulative Preference Share Holders |
| B. | Non- Cumulative Preference Share Holders |
| C. | Convertible Preference Share Holder |
| D. | Ordinary Equity Holders |
| Answer» B. Non- Cumulative Preference Share Holders | |
| 10. |
Which agency is exclusively concerned with the credit needs of all types agricultural and rural development? |
| A. | SBI |
| B. | IDBI |
| C. | RBI |
| D. | NABARD |
| Answer» E. | |
| 11. |
When the value of the British pound changes from $1.50 to $1.25, the pound has ________ and the dollar has ________. |
| A. | appreciated; appreciated |
| B. | depreciated; appreciated |
| C. | appreciated; depreciated |
| D. | depreciated; depreciated |
| Answer» C. appreciated; depreciated | |
| 12. |
What is the maximum and minimum maturity of Certificate of Deposit issued by financial Institutions? |
| A. | Certificate of deposit issued by financial Institutions are for 1 year to 3 years. |
| B. | Certificate of deposit issued by financial Institutions are for 7 days to 364 days. |
| C. | Certificate of deposit issued by financial Institutions are for 15 days to 90 days. |
| D. | None of these. |
| Answer» C. Certificate of deposit issued by financial Institutions are for 15 days to 90 days. | |
| 13. |
India is facing continuous deficit in its balance of payments. In the foreign exchange market rupee is expected to |
| A. | Depreciate. |
| B. | Appreciate. |
| C. | Show no specific tendency. |
| D. | Depreciate against currencies of the countries with positive balance of payment and appreciate |
| Answer» B. Appreciate. | |
| 14. |
In primary markets, the property of shares which made it easy to sell newly issued security is concerned as: |
| A. | Increased Liquidity |
| B. | Decreased Liquidity |
| C. | Money Flow |
| D. | Large Funds |
| Answer» B. Decreased Liquidity | |
| 15. |
Although market trades are said to involve the buying and selling of currencies, most trades involve the buying and selling of |
| A. | Bank deposits denominated in different currencies. |
| B. | SDRs. |
| C. | Go |
| Answer» B. SDRs. | |
| 16. |
In the foreign exchange market, if the interest rate on foreign deposits increases, holding everything else constant, |
| A. | The expected return schedule for foreign deposits shifts to the right. |
| B. | The dollar depreciates. |
| C. | The foreign currency appreciates. |
| D. | All of the above. |
| Answer» E. | |
| 17. |
Which of the following is the apex institution which handles refinance for agriculture and rural development in India? |
| A. | RBI |
| B. | SIDBI |
| C. | NABARD |
| D. | SEBI |
| Answer» D. SEBI | |
| 18. |
Which term most accurately describes selling shares at a higher price than the price at which they were bought? |
| A. | Loss |
| B. | Profit |
| C. | Asset |
| D. | Dividend |
| Answer» C. Asset | |
| 19. |
Which one of the following agencies in the Indian Capital market has authority to regulate the Mutual fund markets in India? |
| A. | IRDA |
| B. | SEBI |
| C. | RBI |
| D. | IBPS |
| Answer» D. IBPS | |
| 20. |
A non-banking institution that has a principal business of receiving deposits under any scheme or arrangement in one lump sum or in installments by way of contributions is known as? |
| A. | Principal non-banking company |
| B. | Residential non-banking company |
| C. | Residuary non-banking company |
| D. | Optional non-banking company |
| Answer» D. Optional non-banking company | |
| 21. |
The punch line of the advertisement of which of the following organization is Jindagi ke sath bhi Jindagi ke bad bhi ? |
| A. | New India Assurance |
| B. | General Insurance Corporation |
| C. | ICICI Prudential |
| D. | Life Insurance Corporation Of India |
| Answer» E. | |
| 22. |
This Act shall not apply to any establishment registered under the Co-operative Societies Act, 1912 (2 of 1912), employing less than ------- persons and working without the aid of power. |
| A. | 100 |
| B. | 70 |
| C. | 50 |
| D. | 20 |
| Answer» D. 20 | |
| 23. |
The chairman and members of Central Board constituted under Employees Provident Fund are appointed by |
| A. | Supreme Court |
| B. | State Government |
| C. | Central Government |
| D. | None of the above |
| Answer» D. None of the above | |
| 24. |
Under this act, how many members are appointed by the Central Government in Central Board representing employees in the establishments to which the Scheme applies |
| A. | 5 |
| B. | 10 |
| C. | 12 |
| D. | 20 |
| Answer» C. 12 | |
| 25. |
What is the present wage limit to be eligible to be covered under the Employees Provident Funds and Miscellaneous Provisions Act, 1952? |
| A. | Rs. 12,500 |
| B. | Rs. 15,000 |
| C. | Rs. 6,500 |
| D. | Rs. 6,000 |
| Answer» C. Rs. 6,500 | |
| 26. |
Which of the following statements about The Employees Provident Funds and (Miscellaneous Provisions) Act are true?A) The Act is not applicable to cooperative societies employing less than 50 persons working with the aid of power.B) It makes provision for pension scheme, including family pension.C) There is no wage limit to be covered under the Act.D) The Act has a provision relating to Employees Deposit-linked Insurance Scheme. |
| A. | A, B & D |
| B. | A & C |
| C. | A, C & D |
| D. | B, C & D |
| Answer» B. A & C | |
| 27. |
An employer who contravenes or makes default in complying with the provisions of section 6 of this act, shall be punishable with imprisonment for a term which may extend to _____ years. |
| A. | 1 |
| B. | 2 |
| C. | 3 |
| D. | 5 |
| Answer» D. 5 | |
| 28. |
The type of pension plan in which all the benefits of pension are provided by the employer of the organization employees is classified as |
| A. | Non- discretionary plan |
| B. | Discretionary plan |
| C. | Contributory plan |
| D. | Non Contributory plan |
| Answer» E. | |
| 29. |
The pension plan in which the benefits of pension is paid by both parties involved , such as employers and employees is classified as |
| A. | Non- discretionary plan |
| B. | Discretionary plan |
| C. | Contributory plan |
| D. | Non Contributory plan |
| Answer» D. Non Contributory plan | |