MCQOPTIONS
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This section includes 7 Mcqs, each offering curated multiple-choice questions to sharpen your Business Finance knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Choose incorrect statement from the following:1. 28 Days T - bills were introduced in 19982. 364 Days T - bills were introduced in 19923. 182 Days T - bills were introduced in 19864. 273 Days T - bills were introduced in 2006 |
| A. | 1 |
| B. | 2 |
| C. | 3 |
| D. | 4 |
| Answer» E. | |
| 2. |
An investor would buy a bond if |
| A. | the intrinsic value is lower than the market value |
| B. | the intrinsic value is higher than the market value. |
| C. | the current market value is lower than the redemption value |
| D. | the required rate of return is equal to coupon rate of interest |
| Answer» C. the current market value is lower than the redemption value | |
| 3. |
14 Days intermediate T - bills were brought into effect from 1996 - 97 after the abolition of which of the following?1. 91 Days T - bills2. 182 Days T - bills3. 273 Days T - bills4. 364 Days T - bills |
| A. | 1 |
| B. | 2 |
| C. | 3 |
| D. | 4 |
| Answer» B. 2 | |
| 4. |
If the convertibility of currency is restricted to certain foreign currency transactions, it is termed as |
| A. | full convertibility |
| B. | partial convertibility |
| C. | current account convertibility |
| D. | capital account convertibility |
| Answer» C. current account convertibility | |
| 5. |
In economics dictionary, what is the full form of NSDL? |
| A. | National Securities Depository Limited |
| B. | National Share Depository Limited |
| C. | National Securities Development Limited |
| D. | National Share Development Limited |
| Answer» B. National Share Depository Limited | |
| 6. |
Amount unutilised in capital gain account scheme for which exemption claimed u/s 54 shall be treated as long-term capital gain, if |
| A. | 2 years have expired from the date of transfer |
| B. | 2 years have expired from the date of deposit |
| C. | 3 years have expired from the date of transfer |
| D. | 3 years have expired from the date of deposit |
| Answer» D. 3 years have expired from the date of deposit | |
| 7. |
Euro convertible bonds issued by Indian companies refer to bonds issued in foreign currency in |
| A. | India or any country outside India |
| B. | European countries only |
| C. | India and any country in Europe |
| D. | Any country other than India |
| Answer» E. | |