Business Practice 100-200

101.Which of the following states has launched an Insurance scheme named as ‘Aam Aadmi

Insurance

scheme’ which will provide Rs 75,000 insurance cover to all the beneficiaries?

(a)Delhi (b)Kerala

(c)Uttar Pradesh (d)Tamil Nadu

102.A bill of lading is a memorandum signed by-------of ships

(a)Owner (b)Masters

(c)Clerk (d)none of these

103.Which of the following organizations promotes trade?

(a)ECGC (b)EXIM

(C)STC (d)all of the above

104.The author of the book titled ‘The Future of India’ is

(a)Bimal Jalan (b)Deepak Chopra

(c)Anurag Mathur (d)Amitav Ghosh

105.The IDBI was established in the year

(a)1963 (b)1964

(c)1965 (d)1966

106. The IFCI was established in the year

(a)1948 (b)1949

(c)1958 (d)1959

107. The ICICI was established in the year

(a)1997 (b)2001

(c)1996 (d)1995

108. The SIDBI was established in the year

(a)1991 (b)2001

(c)1990 (d)2000

109. The IRBI was established in the year

(a)1985 (b)2005

(c)1995 (d)2001

110. The KSIDC was established in the year

(a)1961 (b)2006

(c)1967 (d)1987

111. The Coir Board was established in the year

(a)1954,january (b)1955,January

(c)1990,March (d)1991,March

112.Amoney Bill passed by the Lok Sabha has to be passed/returned by Rajya Sabha within

(a)21 days (b)1 month

(c)14 days (d)3 month

113.According to Purchasing Power Parity(PPP),India is the

(a)Tenth largest economy (b)Seventh largest economy

(c)Sixth largest economy (d)Fourth largest economy

114. Bill of lading is issued by

(a)Indian Commercial banks (b)Foreign banks

(c)Shipping Company (d)Exporters

115.Import Procedure begins with

(a)Indent (b)Marine Insurance

(c)Mate’s certificate (d)Shipping order

116. EXIM Bank can be described as a:

(a)None-banking financial company (b)Commercial bank

(c)Non-banking non-financial company (d)Schedule bank

117.Which one of the following is not a commercial risk?

(a)Introducing of the buyer

(b)New restrictions placed on import-export trade

(c)Damage of goods in transit

(d)Change in the exchange rate

118.The Gross National product is measured by the following three well-known methods except

(a)Product method (b)Expenditure method

(c)Value-added method (d)Income method

119.The first branch by any Indian bank in Qatar has been set up by

(a)Central Bank of India (b)Indian Overseas Bank

(c)ICICI Bank (d)Punjab National Bank

120.Globalisation of financial services is being promoted by

(a)World Trade Organization

(b)International Finance Corporation

(c)International Bank for Reconstruction and Development

(d)International Monetary Fund

121.OPEC Controls oil export through

(a)Cartel (b)Dumping

(c)Monopoly (d)None of the above

122.Government making purchase and distribution of imported products is called

(a)Cartel (b)Canalization

(c)Gery marketing (d)None of the above

123.Petrol in India is canalized by

(a)OIL (b)FCI

(c)ICRA (d)MMTC

124. Food grains in India are canalized by

(a)OIL (b)FCI

(c)ONGC (d)MMTC

125.UTI Bank having decided to relinquish the UTI brand name has chosen the new brand name of

(a)’Excel Bank’ (b)’Trade Bank’

(c)’Axis Bank’ (d)’Super Bank’

126.In which year was the Reserve Bank of India established?

(a)1935 (b)1948

(c)1950 (d)1952

127.Which one of the following is the finest natural harbor of India ?

(a)Marmagao (b)Mumbai

(c)Mangalore (d)Kochi

128.International Rice Research Institute is situated in

(a)Philippines (b)Indonesia

(c)Malaysia (d)India

129. Gold standard was suspended at the time of

(a)First World war (b)Great Depression of 1930’s

(c)Second World War (d)Oil crisis of 1970,s

130.After first world war, gold standard was restored in

(a)1920’s (b)1930’s

(c)1940’s (d)1950’s

131.In Which year did the nation gathered at Britton Woods?

(a)1942 (b)1943

(c)1944 (d)1945

132.Bretton Woods led to formation of

(a)IMF (b)IBRD

(c)GATT (d)All the above

133.Special Drawing Rights was created by

(a)IBRD (b)ADB

(C)IMF (d)WTO

134.Which unit of Valuation is known as “paper Gold”?

(a)petrodollar (b)SDR

(c)Eurodollar (d)GDR

135.We very frequently read about Special Economic Zones(SEZs) inn newspapers. These SEZs

were

established with which of the following objectives?

A. To protect domestic market from direct competition from multinationals

B. To provide more capital to agricultural and allied activities.

C. To attract foreign investment directly

(a) Only A (b)Only B

(c) Only C (d) Only A&B

136.World Environment Day is on

(a) June 5 (b)June 11 (c)June 17 (d)June 30

137.Which committee recommended abolition of tax rebates under section 88?

(a) Kelkar Committee(b)Rangarajan Committee

(c)Chelliah Committee (d)Shome Committee

138.The RBI issues currency notes under the

(a) Fixed Fiduciary System (b)Maximum Fiduciary System

(c)Fixed Minimum Reserve System (d)Proportional Reserve System

139.In India FERA has been replaced by

(a) FEMA (b)FENA

(c)FETA (d)FELA

140.Right to information Act was passed in the year

(a)2001 (b)2005

(c)2004 (d)2002

141.In an economy, the sector are classified in to public and private on the basis of

(a)employment conditions (b)nature of economic activities

(c)Ownership of enterprises (d)use of raw materials

142. A present group of nations known as G-8 started first as G-7.Which one among the following

was

not one of them?

(a)Canada (b)Italy

(c)Japan (d)Russia

143.National Consumer Rights Day is observed on

(a)December 7 (b)December 4

(c)December 24 (d)December 10

144.The Stock Market index of London stock market is referred to as

(a)Footsie(FTSE) (b)Sensex

(c)NIFTY (d)Bullish

145.The Stock Market index of Bombay stock market is referred to as

(a)Footsie(FTSE) (b)Sensex

(c)NIFTY (d)Bullish

146.The Stock Market index of National stock market is referred to as

(a)Footsie(FTSE) (b)Sensex

(c)NIFTY (d)Bullish

147 .The First Stock exchange in India?

(a)BSE (b)OTECI

(c)NSE (d)None of the above

148.Which of the following organization is known as Market Regulator in India?

(a)SEBI (b)IBA

(c)AMFI (d)NSDL

149.Who is the president of World Bank ?

(a)Robert Zoellick (b) Pascal Lamy

(c)Raul Castro (d)None of these

150.Green Banking means.

(a)Financing of irrigation projects by banks

(b)development of forestry by banks

(c)financing of environment friendly projects by banks

(d) None of these

151.In which one of the following places was Asia’s first Export Processing Zone(EPZ) set up ?

(a)Santa Cruz (b)Kandla

(c)Cochin (d)Surat

152. In which of the following years was General Agreement on Tariffs and Trade(GATT)

absorbed in to

World Trade Organization(WTO)

(a)1991 (b)1995

(c)2000 (d)2005

153.What is the full form of(SWOT) ?

(a)Strengths, Weaknesses, Opportunities and threats

(b)Software Warehousing of threats

(c)Social Work of Trade

(d) (d) None of these

154. PERT and CPM are

(a)network techniques (b)assignment techniques

(c)project evaluation techniques (d)all of the above

155.”Management is the art of getting things done through people”. Who said this?

(a)Mary Parker Follet (b)F.W Taylor

(c)Henry Fayol l(d)George R.Terry

156.The main advantage of functional organization is

(a)Specialization (b)Simplicity

(c)Expert advise (d)Experience

157.Long term finances required to be invested for a period of above ………….years

(a)Two (b)Three

(c)Four (d)Five

158.Public deposit is a source of……………………

(a)Short term finance (b)Medium term finance

(c)Long term finance (d) None of these

159.Short-term financial requirements are also known as --------capital requirements.

(a)Fixed (b)Working

(c)Both (a)and (b) (d) None of these

160.Long-term finance s required for the purchase of………………assets.

(a)Fixed (b)tangible

(c)intangible (d) None of these

161.OPEC stands for

(a)Oil Producing European Countries.

(b)Organization of Petroleum Exporting Countries.

(c)Oil and Petroleum Exporting Countries.

(d) None of these

162.A ‘bear’ on the Stock Exchange is a speculator.

a)Who sells shares which he does not possess.

(b).Who applies for new issues of shares in the hope that the price will go up

(c)Whose holdings of the shares in a company is so large that selling them could

affect

the market price

(d)Who buys shares in the hope that price will go up.

163.Raising funds for short-term purposes is…………..

(a)Beneficial (b)Costly

(c)Economical (d) None of these

164.Treade credit is for a……….period of time but bank credit may be extended.

(a)Uncertain (b)Specific

(c)Both (a)and (b) (d) None of these

165. Payment after a specific date is…………in case of bank credit.

(a)compulsory (b)not compulsory

(c)Both (a)and (b) (d) None of these

166.Which of the following is the source of short-term finance?

(a)Trade credit (b)Bank credit

(c)Loans from co-operatives (d)All of the above

167.Long term sources of finance are also required for ………………..of working capital.

(a)Temporary part (b)Permanent part

(c)Both (a)and (b) (d) None of these

168.Investment in Machines require…………………………

(a)Short-term finance (b)Long-term finance

(c)Both (a)and (b) (d) None of these

169.Fixed capital requirement is more in…………………… business

(a)Selling (b)Controlling

(c)Manufacturing (d)All of the above

170. A part of profits of the company that is used as capital is known as…………………

(a)retained earnings (b)public deposits

(c)shares (d)debentures

171.Long term loans from the public is called

(a) public deposits (b) retained earnings

(c) debentures (d) shares

172.Public deposits are…………………………….

(a) Unsecured (b) Secured

(c) both(a) and (b)(d) None of these

173.Working Capital is also called

(a) Revolving capital (b) Circulating capital

(c) both(a) and(b) (d) None of these

174.Requirements of working capital depends upon

(a)Size of the business (b)Credit policy adopted

(c)Operating Cycle involved (d)all the above

175.Cost of capital is the …………….rate of return expected by the investors.

(a)Minimum (b)Maximum

(c) Average (d) None of these

176. “Jeevan Aastha”-a scheme relating to investment and saving was launched during 2008-

2009,by

(a) Tata AIG (b)ICICI Prudential

(c) Bajaj Allianz (d) LIC

177.ATM stands for

(a)Automatic Teller Machine (b)Automated Teller Machine

(c) Automatic Tally Machine (d) Automated Tally Mechanism

178.Which one of the following countries has become the world leader in the carbon credit business

in

2007?

(a)India (b)Brazil

(c)Mexico (d)China

179.The present Indian monetary system is based on

(a) Gold Reserve System (b)Convertible Currency System

(c) Minimum Reserve System (d)Proportional Reserve System

180.Who has been appointed the Governor of RBI after the retirement of Shri Y.V Reddy ?

(a) Dr. Indra Rangarajan (b)Dr.Dilip Sanghvi

(c) Dr.Vijay L .Kelkar (d)Shri D. Subbarao

181.Nature of unemployment in agriculture in India is

(a)Only seasonal (b) Only disguised

(c) both(a) and(b) (d) None of these

182.Which of the following is not a part India’s Money Market?

(a) Bill Markets (b) Call Money Market

(c) Mutual Funds (d) Indian Gold Council

183.Which of the following is not a Government sponsored organization?

(a) SIDBI (b)NABARD

(c) National Housing Bank (d)ICICI Bank

184.Banks are required to pay how much percentage of their net bank credit to priority sector as

advance ?

(a)5% (b)7%

(c)10% (d) None of these

185.Which of the following countries is the largest producer of jut in the world?

(a) Bangladesh (b)India

(c) Myanmar (d)Sri Lanka

186.ISO is the abbreviation for

(a)Indian Standards Organisation

(b)International Standards Organisation

(c)Indo-Swiss Organizations

(d)International Organization for Standardization

187.Who is the Union Minister for Textiles, Government of India?

(a)Sharad pawar (b)S.Vaghela

(c)Arjun Singh (d)None of these

188. Who is the Union Minister for Agriculture, Government of India?

(a)Sharad pawar (b)S.Vaghela

(c)Arjun Singh (d)None of these

189.The “PAN” in PAN Card issued by the Income Tax Department, stands for

(a)Permanent Account Number (b)Permanent Audit Number

(c)Permitted Account Number (d)None of these.

190.Who is the founder of Microsoft Corporation?

(a)Ross perot (b)Narayana Moorthy

(c)Bill Gates (d)Azim premji

191.How is the United Nations Monetary and Financial Conference wherein the agreements were

signed

to set up IBRD , GATT and IMF, commonly known?

(a)Bandung Conference (b)Britton Woods Conference

(c)Versailles Conference (d)Yalta Conference

192.The provisions of credit and other financial services and products of very small amount to the

poor

in rural and semi-urban and urban areas to enable them to raise their income level and living

standard is known as.

(a)Corporate Banking (b)Personal Banking

(c)Micro credit (d)Non-Banking finance

193.Which of the following is the name of India’s one of the major microfinance Institutions?

(a)Grameen (b)Compartamos

(c)Bantra (d)Spandana

194.Which of the following is the abbreviated name of a Non-Governmental Organization(NGO)

which

provides financial security and independence to rural people?

(a)SEWA (b)CRY

(c)AMUL (d)IFSM

195.The SEBI recently imposed a restriction on money flow in equity through ‘p-Notes’. What is

the full

form of ‘P-Notes’.?

(a)Permanent Notes (b)Purchase Notes

(c)Participatory Notes (d)Private Notes

196.Which of the following organization/agencies has established a fund known as “investor

protection

Fund”.?

(a)SEBI (b)NABARD

(c)Bombay Stock Exchange d)Ministry of Health

197.Which of the following types of banks are allowed to operate foreign currency accounts ?

(a)Foreign Banks (b)Regional Rural Banks

(c)Nationalized Banks (d) Both (a)and (b)

198.Majority of rural people still prefer to go to which of the following for their credit needs ?

(a)Money lenders (b)Foreign banks

(c)NABARD (d)RBI

199.Many times we read in financial newspapers about ‘FII’ .What is the full form of FII?

(a)Final Investment in India (b)Foreign Institutional Investment

(c) Formal Investment in India (d) Fair Institutional Investment

200.The Government of India put a ban on export of which of the following commodities at the

price

below the price of the same in domestic market

(a)Steel (b)Chemical Fertilizers

(c)Pharma products (d)Electronic goods