BHU B.Com Entrance Question Paper 2017

  1. According to forbes list of Billionaires 2017, the richest Indian billionaire is
    (a) Lakshmi Mittal
    (b) Mukesh Ambani
    (c) Azim premji
    (d) Dilip Shanghvi
  2. Which state in India has been the pioneer in labour reforms?
    (a) Rajasthan
    (b) Gujrat
    (c) Madhya Pradesh
    (d) Uttar Pradesh
  3. When was the First Industrial Policy resolution formulated in free India?
    (a) 1947
    (b) 1948
    (c) 1949
    (d) 1950
  4. Who, among the First Industrial resolution policy Formulated in Free India?
    (a) C. Rangrajan
    (b) Bimal Jalan
    (c) Y.V. Reddy
    (d) Raghuram rajan
  5. How many countries are members of SAARC (South Asian Association for Regional Cooperation)?
    (a) 6
    (b) 7
    (c) 8
    (d) 9
  6. On which date was the Union Budget for 2017-18 presented in the parliament?
    (a) 1st February 2017
    (b) 2nd February 2017
    (c) 3rd February 2017
    (d) 4th February 2017
  7. WTO (World Trade Organization) was established in the year:
    (a) 1994
    (b) 1995
    (c) 1996
    (d) 1997
  8. Which one of the following items was highest as a percentage of GDP in India in 2016-17 in case of Central Government?
    (a) Fiscal deficit
    (b) Direct tax revenue
    (c) Indirect tax revenue
    (d) Interest payment
  9. According to Economic survey 2016-17, GDP growth rate in India was highest in the year:
    (a) 2013-14
    (b) 2014-15
    (c) 2015-16
    (d) 2016-17
  10. Which one of the following is not correctly matched?
    (a) Rakhi committee : Simplificatin of Export and import procedures
    (b) Nanjundappa Committee : Railway fare
    (c) Rangrajan Committee : Balance of Paymetns
    (d) Goiporia Committee : Banking Service Improvements
  11. The Agricultural Censusu in India is done at an interval of
    (a) Every year
    (b) Once in three year
    (c) Once in five year
    (d) Once in ten year
  12. For the financial year 2017-18 which one of the following as percentage of GDP is likely to be maximum in case of Central Government?
    (a) Revenue deficit
    (b) Effective revenue deficit
    (c) Primary deficit
    (d) Fiscal deficit
  13. On Which date, the Union Budget for 2017-18 was presented by Shri Arun Jaitley in Lok Sabha?(a) 1st February 2017
    (b) 8th February 2017
    (c) 15th February 2017
    (d) 28th February 2017
  14. For which income slab, income tax rate has been reduced in the Budget for 2017-18?
    (a) Between Rs.2.50 lakh to Rs. 5.0 lakh
    (b) Between Rs.5.0 lakh to Rs. 10.0 lakh
    (c) Between Rs.10.0 lakh to Rs. 20.0 lakh
    (d) Above Rs. 20.0 lakh
  15. For the Financial year 2017-18, Which one of the following items is likely to be maximum as percentage share of Central Government’s expenditure?
    (a) Interest payments
    (b) Defence
    (c) Subsidies
    (d) State’s share of taxes
  16. Which one of the following items is not taken into account while computing current ratio?
    (a) Sundry creditors
    (b) Sundry debtors
    (c) Furniture
    (d) Bank overdraft
  17. Which one of the following is not an operating expense?
    (a) Office expenses
    (b) Interest
    (c) Selling overheads
    (d) Postage
  18. In calculating the return on shareholders equity the denominator is
    (a) Equity capital
    (b) Preference capital
    (c) Equity capital plus preference capital
    (d) Equtiy capital plus preference capital plus reserve
  19. Net worth of the business means
    (a) Equity capital
    (b) Total assets
    (c) Total assets minus total liabilities
    (d) Fixed assets minus current assets
  20. ‘Higher the ratio, lower the profitability’ is applicable to
    (a) Gross Profit ratio
    (b) Net profit ratio
    (c) Operating ratio
    (d) Return on investment
  21. Given-Nominal value of share Rs.10, No. of shares issued 10000, Total net profit Rs. 20,000 and Dividend paid 10% What is Earning per share (EPS)?
    (a) Rs.1
    (b) Rs.2
    (c) Rs.3
    (d) Nil
  22. Dividing net sales by average debtors would yield
    (a) Acid test ratio
    (b) Return on sales ratio
    (c) Operating ratio
    (d) Debtors turnover ratio
  23. The schedule of changes in working capital is prepared with the help of
    (a) Current assets
    (b) Current liabilities
    (c) Current assets and current liabilities
    (d) Non-current assets and non -current liabilities
  24. The flow of fund is said to have taken place when
    (a) Cash is paid to have taken place when
    (b) Cash is received from debtors
    (c) Machinery is purchased for cash
    (d) In all of the cases
  25. Which one of the following is not an application of fund?
    (a) Repayment of loan
    (b) Acquiring an asset in lieu of equity shares
    (c) Redemption of preference shares
    (d) Payment of dividend
  26. Which one of the following is not added to the net profit for computing the amount of funds form operations?
    (a) Depreciation on machinery
    (b) Profit on the sale of plant
    (c) Goodwill written off
    (d) Loss on the sale of furniture
  27. When total sources of funds are more than the total applications of funds, the net effect is
    (a) Increase in working capital
    (b) Decrease in working capital
    (c) Increase in total assets
    (d) Decrease in total assets
  28. Which one of the following is not a cash flow?
    (a) Purchase of fixed assets
    (b) Sale of goods
    (c) Issue of debentures
    (d) Sale of fixed assets
  29. Given-Total sales Rs. 5,00,000 Credit sales Rs.2,25,000, Total purchases Rs. 2,48,000, Credit purchases Rs.1,80,000 and cash operating expenses Rs. 40,000 Cash form operations will be
    (a) Rs.1,90,000
    (b) Rs.1,30,000
    (c) Rs. 95,000
    (d) Rs. 81,000
  30. Which one of the following is an example of non cash expenses?
    (a) Depreciation
    (b) Wages and salaries
    (c) Telephone expenses
    (d) Administrative expenses
  31. Which of the following curves is not U-shaped?
    (a) Average fixed cost curve
    (b) Average variable cost curve
    (c) Average total curve
    (d) Marginal cost curve
  32. Which one of the following is the most effective instrument of controlling black money in an economy?
    (a) Demonetization
    (b) Depreciation of currency
    (c) Devaluation of currency
    (d) Deflation
  33. If we exclude product taxes and subsidies, we arrive at
    (a) Goss value added
    (b) Gross domestic product
    (c) Net domestic product
    (d) Net domestic product at factor cost
  34. Which one of the following is not a component of Bharat Nirman?
    (a) Rural housing
    (b) Rural electricity
    (c) Agriculture based industries
    (d) Rural telephones services
  35. RTGS stands for
    (a) Real Time Gross Settlement
    (b) Regional Teller Google Settlement
    (c) Real Teller Google Settlement
    (d) Rapid Time Gross settlement
  36. Reserve Bank of India issues notes under which system?
    (a) Maximum Reserve System
    (b) Minimum Reserve System
    (c) Fixed Reserve System
    (d) International Reserve System
  37. Ordinal measurement of utility is required in
    (a) Utility Analysis
    (b) Indifference curve Analysis
    (c) Revealed Preference Analysis
    (d) Demand Curve Analysis
  38. Price consumption curve of a normal commodity is
    (a) Horizontal
    (b) Vertical
    (c) Negatively slopping
    (d) Positively slopping
  39. Which form of monopoly regulation is most advantageous for the consumer?
    (a) Price control
    (b) Lump-sum tax
    (c) Per unit tax
    (d) Both b and c
  40. The slope of consumption function is known as
    (a) Aggregate consumption
    (b) Marginal propensity to consume
    (c) Average propensity to consume
    (d) None of the above
  41. The classical Theory of Employment and Income assumes
    (a) Full employment
    (b) Underemployment
    (c) Disguised unemployment
    (d) Overfull employment
  42. The bank rate means the rate which the
    (a) Commercial Banks pay on savings deposits
    (b) Commercial Banks pay on current account depostis
    (c) Commercial Banks charge on short term loans
    (d) Central Bank charges in rediscounting bills of exchange
  43. The heart of Keynesion multiplier is
    (a) APC
    (b) APS
    (c) MPC
    (d) MPS
  44. High powered or reserve money in India includes
    (a) Currency with the public
    (b) Cash reserve of Banks
    (c) Other deposits and Bankers’ deposits with RBI
    (d) All of the above
  45. If regardless of changes in its price, the quality demanded of a good remains unchanged, then the demand curve will be
    (a) Horizontal
    (b) Vertical
    (c) Positively sloped
    (d) Negative sloped
  46. Technique used by codes to convert an analog signal into a digital bit stream is known as
    (a) Pulse code modulation
    (b) Pulse stretcher
    (c) Query processing
    (d) Queue management
  47. An optical input device that interprets pencil marks on paper media is
    (a) Magnetic tape
    (b) Punch card reader
    (c) Optical scanners
    (d) OMR
  48. Most important advantage in case of circuit failure
    (a) Easy replacement in case of circuit failure
    (b) Extremely high reliability
    (c) Reduced cost
    (d) Low power consumer
  49. Data division is the third division of a _____program.
    (a) COBOL
    (b) BASIC
    (c) PASCAL
    (d) FORTH
  50. Which language was devised by Dr. Seymour Aubrey Papert?
    (a) APL
    (b) COBOL
    (c) LOGO
    (d) FORTRAN
  51. A program that convert computer data into some code system other than the normal one is known as
    (a) Encoder
    (b) Simulation
    (c) Emulator
    (d) Coding
  52. A device designed to read information encoded into a small plastic card is
    (a) Magnetic tape
    (b) Badge reader
    (c) Tape puncher
    (d) Card puncher
  53. A hybrid computer uses a—–to convert digital signals from a computer into analog signals.
    (a) Modulator
    (b) Demodulator
    (c) Modem
    (d) Decoder
  54. A group of magnetic tapes, videos or terminals usually under the control of one master is
    (a) Cylinder
    (b) Cluster
    (c) Surface
    (d) Track
  55. A device that performs signal conversion is
    (a) Modulator
    (b) Modem
    (c) Keyboard
    (d) Plotter
  56. Codes consisting of light and dark marks which may be optically read is known as
    (a) Mnemonics
    (b) Bar code
    (c) Decoder
    (d) All of the above
  57. A type of channel used to connect a central processor and peripherals which uses multiplying is known as
    (a) Modem
    (b) Network
    (c) Multiplexer
    (d) All of the above
  58. The first generation of computers available was based on the bit microprocessors
    (a) 4
    (b) 8
    (c) 16
    (d) 64
  59. The complete picture of data stored in database is known as
    (a) Record
    (b) Schema
    (c) System flowchart
    (d) DBMS
  60. Which one of the following is intended to be used in all applications runs on mainframe computers?
    (a) LOGO
    (b) APL
    (c) PL/1
    (d) OCCAM
  61. The value of x that satisfies the equation4/(x-3)+5/(x-5) =9/(x-13) is
    (a) 1
    (b) 3
    (c) 2
    (d) 4
  62. If a2=b+c, b2= c+a, c2= a+b, then the value of 1/(a+1)+1/(b+1)+1/(c+1) is equal to:
    (a) 5
    (b) 1
    (c) 7
    (d) 3
  63. A business gives commission to his agent 4% up to sale of Rs. 1,00,000 and 51/2% above it. If businessman has given Rs. 5,925 as commission to his agent, then find the sale made by agent
    (a) Rs. 1,35,000
    (b) Rs. 13,500
    (c) Rs.1,50,000
    (d) Rs. 1,40,000
  64. A work can be completed by 30 men in 10 days, then in how many days work can be completed by 40 men?
    (a) 7.00
    (b) 7.25
    (c) 7.75
    (d) 7.50
  65. The perimeter of a triangle is 100 cm and its sides are in the ratio 1:2:3 the area of the triangle(in cm2) is
    (a) 100√3
    (b) 100√15
    (c) 100√5
    (d) 100√7
  66. If the ratio is volumes of two spheres is 1:8, then the ratio of there surface area is
    (a) 1:2
    (b) 1;16
    (c) 1:8
    (d) 1:4
  67. A man saves Rs.320 during the first month, Rs. 360 in the second month Rs. 400 in the third month. If he continues his savings in this sequence, in how many months will be save Rs.20,000?
    (a) 28
    (b) 25
    (c) 22
    (d) 20
  68. The average age of a group of 10students is 15 years. When 5 more students joined the group, the average age rose by 1 year. The average age (in years) of the new students is
    (a) 18 years
    (b) 17 years
    (c) 16years
    (d) 12 years
  69. A train passes by a stationary man standing on the platform in 7 seconds and passes by the platform completely in 28 seconds. If the length of the platform is 330metres, what is the length of the train?
    (a) 115m
    (b) 110m
    (c) 120m
    (d) 100m
  70. Find the compound interest on Rs. 10,000 for 3years if the rate of interest is 4% for the first year, 5% for the second year and 6% for the third year
    (a) Rs.1,565.2
    (b) Rs.1,375.2
    (c) Rs.1,575.2
    (d) Rs.1,465.2
  71. The market price of a radio is Rs.480. The shopkeeper allows a discount of 10% and gains 8%. If no discount is allowed, find his gain percent
    (a) 20
    (b) 15
    (c) 10
    (d) 18
  72. The mean of 8 natural numbers is
    (a) 5
    (b) 4.5
    (c) 4
    (d) 5.5
  73. A work can be completed by 12 men in 10days working 8 hours daily. Find in how many days work will be completed by 20 men working 6 hours daily
    (a) 9
    (b) 8
    (c) 7
    (d) 6
  74. The simplest form of (729/64)3/2 is :
    (a) 4/3
    (b) 3/2
    (c) 16/81
    (d) 81/16
  75. A fruit seller purchased 12 apples for Rs. 100 and sold 10 apples for Rs.100. If he earned Rs. 100, then find numbers of apple he purchased and sold
    (a) 60
    (b) 50
    (c) 40
    (d) 30
  76. The goodwill brought in by new partner is withdrawn by old partners in their
    (a) New profit sharing ratio
    (b) Old profit sharing ratio
    (c) Capital ratio
    (d) Equally
  77. In which of the following would an adjusting entry for depreciation be made?
    (a) Cash book
    (b) Journal
    (c) Sales Book
    (d) Purchase Book
  78. Receipts and payments account is
    (a) Real account
    (b) Personal account
    (c) Nominal account
    (d) None of these
  79. Which one of the following is correct?
    (a) Opening capital = closing capital + Additional capital – Drawings – Profit
    (b) Opening capital = closing capital + Drawings – Additional capital – Loss
    (c) Opening capital = closing capital + Drawings – Additional capital – Profit
    (d) Opening capital = closing capital – Drawings – Additional capital – Profit
  80. Goods valued Rs. 3,600 lost by fire. The insurance company admitted a claim for Rs. 2,000 What amount will be shown in trading Account?
    (a) Rs.1,600
    (b) Rs. 2,000
    (c) Rs. 3,600
    (d) No amount
  81. Provision for depreciation on fixed asset made in the profit & Loss Account of the accounting year will be deducted in the Balance sheet from
    (a) The book value of the asset concerned
    (b) The market value of the asset concerned
    (c) The original value of the asset concerned
    (d) The inflated value of the asset concerned
  82. A,B and C are partners sharing profits and losses in the ratio of 2:2:1. C retires. The new profits and losses sharing ratio between A and B will be
    (a) 1:1
    (b) 2:1
    (c) 3:2
    (d) 5:3
  83. Profit on cancellation of own debentures should be transferred to
    (a) Profit & Loss Account
    (b) Profit & Loss Appropriation Account
    (c) Capital Reserve Account
    (d) Reserve Capital Account
  84. Profit prior to the incorporation are an example of
    (a) Capital Reserve
    (b) Secret Reserve
    (c) Revenue Reserve
    (d) Statutory Reserve
  85. Premium reserve on issue of shares can be used for
    (a) Payment of dividend
    (b) Writing on preliminary expenses
    (c) Payment of director fee
    (d) Redemption of debentures
  86. The credit purchases of fixed assets are recorded in
    (a) Purchases Book
    (b) Cash Book
    (c) Journal Proper
    (d) Sales Return Book
  87. The statement of Affairs is prepared under single entry system
    (a) To ascertain the capital on any date
    (b) To ascertain the value of various assets
    (c) To ascertain the amount of various liabilities
    (d) To ascertain the Financial position of the business
  88. In case of a Firm’s dissolution, the balance of Realization Account is transferred to partners capital accounts
    (a) In capital ratio
    (b) Equally
    (c) In profit sharing ratio
    (d) In partner’s loan ratio
  89. By forfeiture of shares is meant
    (a) Cancellation of shares
    (b) Seizure of shares
    (c) Imposition of fine for late payment
    (d) Underwriting of shares
  90. Which account has a credit balance?
    (a) Carriage inward
    (b) Carriage outward
    (c) Return inward
    (d) Return outward
  91. Which one of the following is not a form of business organization?
    (a) Sole Proprietorship
    (b) Partnership
    (c) Charitable Trust
    (d) Joint stock company
  92. The Indian partnership Act was came into force from the year
    (a) 1932
    (b) 1940
    (c) 1948
    (d) 1956
  93. Social responsibility improves
    (a) Public image of business
    (b) Product quality
    (c) Managerial efficiency
    (d) Managerial Control
  94. Which one of the following is related to both sole trading and partnership?
    (a) Direct Motivation
    (b) Unlimited liability
    (c) Mutual agency
    (d) Full control
  95. In company risk is borne by
    (a) Directors
    (b) Shareholders
    (c) Creditors of company
    (d) Managing Director
  96. Restricting the transfer of shares is a feature of
    (a) Public company
    (b) Subsidiary company
    (c) Holding company
    (d) Private company
  97. Procedure for transfer of shares in contained in
    (a) Articles of Association
    (b) Memorandum of Association
    (c) Prospectus
    (d) Statement in lieu of Prospectus
  98. Direct motivated is related to
    (a) Sole trading
    (b) Partnership
    (c) Public company
    (d) Holding company
  99. Registration of cooperative society is
    (a) Compulsory
    (b) Optional
    (c) Essential
    (d) Unnecessary
  100. Diesel Locomotive Works (DLW) is an example of
    (a) Public company
    (b) Public Corporation
    (c) Departmental undertaking
    (d) Government company
  101. Bill of lading is issued by
    (a) Exporter
    (b) Importer
    (c) Shipping company
    (d) Exporter’s agent
  102. Which one of the following is an auxiliary export document?
    (a) Commercial invoice
    (b) Bill of Exchange
    (c) Certificate of Inspection
    (d) Proforma invoice
  103. Special economic Zone has been created to
    (a) Encourage export
    (b) Encourage import
    (c) Encourage free trade
    (d) Encourage domestic trade
  104. General principle of insurance includes
    (a) Utmost good faith
    (b) Insurance interest
    (c) Contribution
    (d) All of the above
  105. Partner and firm are mutually related to
    (a) Management
    (b) Servant
    (c) Agent
    (d) Shareholders
  106. Which one of the following is a part of controlling process?
    (a) Setting standards
    (b) Searching alternatives
    (c) Awareness of problems
    (d) Division of work
  107. Which one of the following is related to both planning and control?
    (a) Example
    (b) Observation
    (c) Budget
    (d) Audit
  108. In how many parts Fayol’s administrative functions are divided?
    (a) 4
    (b) 5
    (c) 7
    (d) 3
  109. The term ‘Mental Revolution’ was coined by
    (a) Herzberg
    (b) Henri Fayol
    (c) Maslow
    (d) F.W. Taylor
  110. Which one of the following is not an element of planning?
    (a) Principle
    (b) Objective
    (c) Policy
    (d) Strategy
  111. A plan when expressed in quantitative term is known as
    (a) Process
    (b) Objective
    (c) Policy
    (d) Budget
  112. Father of Management by Objectives is
    (a) Henri Fayol
    (b) F.W. Taylor
    (c) G.R. Terry
    (d) Peter Drucker
  113. Which is the highest form of democratic organization?
    (a) Line organization
    (b) Line and staff organization
    (c) Committee organization
    (d) Functional organization
  114. Measuring actual performance with the planned performance is the subject-matter of
    (a) Policies
    (b) Organization
    (c) Control
    (d) Span of management
  115. Delegation of authority means
    (a) Transfer of authority only
    (b) Transfer of responsibility only
    (c) Transfer of authority and responsibility both
    (d) Transfer of authority , responsibility and accountability
  116. Which one of the following is not related with job Analysis?
    (a) Interview method
    (b) Point method
    (c) Questionnaire method
    (d) Observation method
  117. The method applied to know the need for training is
    (a) Job evaluation
    (b) Performance appraisal
    (c) SWOFT analysis
    (d) Personal review
  118. Who propounded the X and Y theory of motivation?
    (a) Vroom
    (b) McGregor
    (c) Urwick
    (d) Maslow
  119. Breakeven analysis is a technique related with
    (a) Planning
    (b) Staffing
    (c) Motivation
    (d) Control
  120. Highly democratic motivational theory is
    (a) Hygiene
    (b) Participative
    (c) X
    (d) Y
  121. Which of the following is not a part of Financial Market?
    (a) Capital market
    (b) Commodity market
    (c) Money market
    (d) Secondary market
  122. Which of the following is not a speculators in the stock exchange?
    (a) Broker
    (b) Bull
    (c) Bear
    (d) Stag
  123. Money Market deals with
    (a) Long term funds
    (b) Medium term funds
    (c) Short term funds
    (d) Government funds
  124. The maximum period of maturity of capital market instrument is
    (a) No limit
    (b) 3 years
    (c) 364 days
    (d) 20 years
  125. Out of the following which one is not a capital market instrument?
    (a) Equity shares
    (b) Preference shares
    (c) Bill of exchange
    (d) Debenture
  126. The public subscription should be kept open for minimum of
    (a) 3 days
    (b) 10days
    (c) 15days
    (d) 30days
  127. In which year National stock exchange (NSE) was started?
    (a) 1990
    (b) 1991
    (c) 1992
    (d) 1993
  128. Sub-brokers are appointed by
    (a) Brokers
    (b) Stock Exchange
    (c) Clients
    (d) Companies
  129. Which one of the following is not an institutional investors?
    (a) Foreign individual investors
    (b) Mutual funds
    (c) Insurance companies
    (d) Foreign financial institutions
  130. Stock exchange is a
    (a) State subject
    (b) Central subject
    (c) Regional subject
    (d) Corporate subject
  131. By whom the chairman of SEBI appointed?
    (a) Stock Exchange
    (b) Reserve Bank of India
    (c) Central Government
    (d) Mutual Funds
  132. The National Securities Depository Limited (NSDL) was established in the year
    (a) 1986
    (b) 1990
    (c) 1999
    (d) 2002
  133. Where is the recognized stock exchange located in Uttar Pradesh (UP)?
    (a) Lucknow
    (b) Kanpur
    (c) Agra
    (d) Ghaziabad
  134. New Issue Market is an integral part of
    (a) Stock Exchange
    (b) Capital Market
    (c) Both a and b
    (d) Money market
  135. SEBI is a
    (a) Regulatory Authority
    (b) Statutory Authority
    (c) Both a and b
    (d) Group Authority
  136. Reverse Repo is a tool used by RBI to
    (a) Regulate liquidity ratio
    (b) Absorb liquidity
    (c) Increase the liquidity with banking system
    (d) Keep the liquidity at one level
  137. What is Repo Rate?
    (a) It is the rate at which RBI sell Government securities to banks
    (b) It is the rate at which RBI lends short term money to the banks against securities
    (c) It is the rate at which RBI allows small loans in the market
    (d) It is the rate which is offered by banks to their most valued customers
  138. When demonetization happened in India in 2016?
    (a) 8 September 2016
    (b) 8 October 2016
    (c) 8 November 2016
    (d) 8 December 2016
  139. How many banks were nationalized in the second phase in 1980?
    (a) 5
    (b) 6
    (c) 7
    (d) 8
  140. In which of the following fund transfer mechanisms, can funds be moved from one bank to another and where the transaction is settled instantly without being bunched with any other transaction?
    (a) RTGS
    (b) NEFT
    (c) TT
    (d) EFT
  141. “Smart Money” is a term used for
    (a) Internet Banking
    (b) Foreign Currency
    (c) Credit card
    (d) Demand Draft
  142. Which one of the following rates is not controlled by the reserve Bank of India?
    (a) Cash Reserve Ratio
    (b) Statutory Liquidity Ratio
    (c) Cess
    (d) Repo Rate
  143. International Standards on combating Money Laundering and the financing of terrorism and proliferation are framed by
    (a) KYC
    (b) FATF
    (c) TAPI
    (d) ICOA
  144. RuPay card is issued by
    (a) State bank of India
    (b) National Payments corporation of India
    (c) Reserve Bank of India
    (d) National Securities Depository Limited
  145. AXIS Bank was formerly known as
    (a) YES Bank
    (b) UTI Bank
    (c) City Union Bank
    (d) HDFC Bank
  146. Which one of the following is the purpose of introducing ‘Know Your Customer’ norms by the banks?
    (a) To bring more and more people under the banking net
    (b) Identifying people who do not pay income tax
    (c) To ensure that the money deposited in banks has come from genuine sources
    (d) None of the above
  147. The headquarters of Export-Import Bank of India is situated at
    (a) Lucknow
    (b) Bengaluru
    (c) Mumbai
    (d) Nasik
  148. ‘Legal Tender Money’ refers to
    (a) Cheques
    (b) Drafts
    (c) Bill of Exchange
    (d) Currency Notes
  149. Which one of the following is not a measure to control inflation adopted by the Government and or the RBI?
    (a) Monetary policy
    (b) Fiscal policy
    (c) Financial inclusion
    (d) Price control
  150. Which organization issues Monetary Policy in India?
    (a) Parliament
    (b) Reserve Bank of India
    (c) State Bank of India
    (d) Ministry of Finance

    Answer Key

    1 (b) 2 (a) 3 (b) 4 (d) 5 (c) 6 (a) 7 (b) 8 (b) 9 (c) 10 (a) 11 (c) 12 (d) 13 (a) 14 (a) 15 (d) 16 (c) 17 (b) 18 (d) 19 (c) 20 (c) 21 (b) 22 (d) 23 (c) 24 (c) 25 (b) 26 (b) 27 (a) 28 (a) 29 (c) 30 (a) 31 (a) 32 (a) 33 (a) 34 (c) 35 (a) 36 (b) 37 (b) 38 (c) 39 (a) 40 (b) 41 (a) 42 (d) 43 (c) 44 (d) 45 (b) 46 (a) 47 (d) 48 (b) 49 (a) 50 (c) 51 (a) 52 (a) 53 (a) 54 (b) 55 (a) 56 (b) 57 (c) 58 (b) 59 (b) 60 (c) 61 (d) 62 (b) 63 (a) 64 (d) 65 (b) 66 (d) 67 (b) 68 (a) 69 (b) 70 (c) 71 (a) 72 (b) 73 (b) 74 (b) 75 (a) 76 (b) 77 (b) 78 (a) 79 (c) 80 (c) 81 (a) 82 (a) 83 (c) 84 (a) 85 (b) 86 (c) 87 (a) 88 (c) 89 (a) 90 (d) 91 (c) 92 (a) 93 (a) 94 (b) 95 (b) 96 (d) 97 (a) 98 (a) 99 (a) 100 (c)101 (c) 102 (d) 103 (c) 104 (d) 105 (c) 106 (a) 107 (c) 108 (c) 109 (d) 110 (a) 111 (d) 112 (d) 113 (c) 114 (c) 115 (a) 116 (b) 117 (d) 118 (b) 119 (d) 120 (b)121 (b) 122 (a) 123 (c) 124 (a) 125 (c) 126 (a) 127 (c) 128 (b) 129 (a) 130 (b) 131 (c) 132 (b) 133 (b) 134 (b) 135 (c) 136 (b) 137 (b) 138 (c) 139 (b) 140 (a) 141 (c)142 (c) 143 (b) 144 (b) 145 (b) 146 (c) 147 (c) 148 (d) 149 (c) 150 (b)