The sampling distribution refers to
(a) The distribution of the various sample sizes which might be used in a given study
(b) The distribution of the different possible values of the sample mean together with their respective probabilities of occurrence
(c) The distribution of the values of the items in the population
(d) The distribution of the values of the items actually selected in a given sample
If the correlation between body weight and annual income were high and positive ,we could conclude that
(a) High incomes cause people to eat more food.
(b) Low incomes cause people to eat less food.
(c) High incomes people tend to spend a greater proportion of their income on food than low income people, on average .
(d) High income people tend to be heavier than low people, on average
Which of the following is not a necessary assumption underlying the use of the analysis of Variance technique?
(a) The samples are independent and randomly selected.
(b) The populations are normally distributed.
(c) The variances of the populations are the same.
(d) The means of the populations are equal.
What is Euro bond?
(a) A bond issued in a currency other than the currency of the country or market in which it is issued.
(b) A bond issued in Europe market
(c) A bond which can converted in to American bond.
(d) A bond which is issued in the host market.
Gordon model is related with
(a) Fund
(b) Reserve
(c) Capital
(d) Dividend
If a negative value appear in the solution values (Xs) column of the simplex table,then
(a) The solution is optimal
(b) The solution is infeasible
(c) The solution is unbounded
(d) a ans b
Network model have advantage in terms of project
(a) Planning
(b) Scheduling
(c) Controlling
(d) a and B
The normal distribution is a
(a) Discrete distribution
(b) Continuous distribution
(c) Positively skewed distribution
(d) None of the above
Zero interest rate bond are sold at
(a) Discount
(b) Premium
(c) Face value
(d) None of all
MAT provision is applicable to
(a) Company
(b) HUF
(c) Partnership firm
(d) AOP
For which kinds of business tonnage tax is applicable?
(a) Shipping business
(b) Software business
(c) Textile business
(d) None of the above
The present rate of SLR & CRR are
(a) 15% , 5%
(b) 25% , 5.5%
(c) 25% , 4.5%
(d) 30% , 6%
Arbitrage is
(a) Buying and selling in two markets simultaneously
(b) A rate of interest
(c) A fee
(d) A dispute
The term along refers to
(a) The sheets of paper used in writing a deed
(b) The stamps affixed on document
(c) A sheet of paper attached to mortagage deed for the purpose of witness
(d) A sheet of papers attached to a negotiable instrument for the purpose of making endorsement thereof when there is no space in the instrument
The provision of consumer Protection Act,1986 are applicable to the service rendered by the banks
(a) To the customers of the bank only
(b) To the customers and the users of services irrespective of against consideration or free services
(c) To the customers and any user of Bank’s services against consideration
(d) None of these
Banking ombudsman means
(a) Person appointed to recover dues from defaulting borrowers
(b) A person to whom customer can approach for redresal of his grievances
(c) A person appointed to settle dispute between employees and management
(d) A person appointed by RBI to oversee the functioning of foreign Banks
Who is authorized to permit premature closer of PPF A/c?
(a) RBI
(b) Ministry of finance Department of Economic affairs
(c) Chairman of concerning Bank
(d) None of these
How many foreign Banks are operating in India?
(a) 30
(b) 25
(c) 20
(d) 35
Who is authorized to issued to coin in India?
(a) RBI
(b) Ministry of finance
(c) SBI
(d) None of these
The minimum Capital Adequacy Ratio currently fixed by RBI for Banks ia
(a) 12%
(b) 10%
(c) 9%
(d) 11%
What frequency can Banks pay interest on saving bank account as per RBI guidelines
(a) Monthly
(b) Quarterly
(c) Half Yearly
(d) Yearly
What action is taken if one of the customers tenders forged note?
(a) He is sent to prison
(b) Note is returned with remark,forged note
(c) Note is impounded
(d) Note is torn
A contract of insurance is a contract of
(a) Indemnity
(b) Pledge
(c) Guarantee
(d) Hypothecation
The VSAT communication network for banks and financial institutions launched by RBI is known as
(a) SWIFT
(b) SBI NET
(c) BANK NET
(d) INFINET
Interest rate risk is a type of
(a) Credit risk
(b) Market risk
(c) Operational risk
(d) All of the above
Which of the following statement is correct?
(a) Foreign exchange markets are localized markets.
(b) Foreign exchange markets operate within a country’s time zone.
(c) Foreign exchange markets are dynamic and round the clock markets.
(d) Foreign exchange markets are used only for trade related transactions.
Intellectual property laws can protect
1. Trademarks
2. Copyright
3. Patents
4. Customers loyalty
(a) 2 only
(b) 3 only
(c) 1,2, and 3 only
(d) All of them
Corporate governance is the system by which companies are directed and
(a) Planned
(b) Reviewed
(c) Managed
(d) Controlled
Which of the following is not included under qualities of optimum capital structure?
(a) Minimum profit
(b) Minimum cost of capital
(c) Maximum control
(d) Minimum risk
Grameen bank and micro credit are associated with
(a) Manmohan singh
(b) Bill gates
(c) Md.Yunus
(d) A.S.Suki
The portion of the share capital which cannot be called up except on the winding up is known as
(a) Called up capital
(b) Paid up capital
(c) Authorized capital
(d) Reserve capital
In a perfectly competitive market,the firm will be
(a) A price maker
(b) A price taker
(c) Restricting entry of other firms
(d) Producing a product which will be different from its competitors
If income elasticity of demand is greater than unity,the commodity is
(a) A necessity
(b) An inferior good
(c) A luxury goods
(d) None of these
A partner has an implied authority to
(a) Acquire immovable property on behalf of the firm
(b) Enter into a partnership on behalf of firm
(c) To borrow money on behalf of the firm
(d) None of these
Largest mutual fund business in India is in the hands of
(a) Canara bank
(b) Tata finance compnay
(c) Unit trust of India
(d) State bank of India
Approval for operating a mutual fund scheme has to be optained from
(a) Securities and exchange board of India
(b) Reserve bank of India
(c) Government of India
(d) Unit trust of India
Purchase and sale of shares before or after official trading hours of stock exchange is known as
(a) Margin trading
(b) Short selling or short buying
(c) Kerb trading
(d) Hammering
Nifty consists of securities having _______market capitalization stocks.
(a) Large
(b) Small
(c) Medium
(d) Large and small
The only way an investors can manage risks in the underlying cash market is by
(a) Hedging in the futures market
(b) Speculating in the futures market
(c) Speculating in the options market
(d) All of the above
An option contract which will not be exercised on the expiry date is
(a) An in-the-money
(b) A deep in-The-money
(c) An out-of-the-money option
(d) None of the above
Speculator is a person
(a) Who evaluates the performance of the company
(b) Who uses his own funds only
(c) Who is willing to take high risk for high return
(d) Who considers here says and market behaviors
The certificate which evidences an unsecured corporate debt of short-term maturity is
(a) Short term loan certificate
(b) Certificate of deposit
(c) Inter bank participation certificate
(d) Commercial bank
The odd man in the following is
(a) Commercial paper
(b) Share certificate
(c) Certificate of deposit
(d) Treasury bill
The process of managing the sale ledger of a client by a financial service company is called
(a) Forfeiting
(b) Factoring
(c) Leasing
(d) Securitization of debt
The value of the bond depends on
(a) The coupon rate
(b) years to maturity
(c) Expected yield to maturity
(d) All of the above
A stock of Rs. 10 face value has declared 35% dividend for the current year. the stock is currently selling for Rs. 40. What is its dividend yield?
(a) 35%
(b) 70%
(c) 8.75%
(d) 8.5%
The inflation free instrument is
(a) Option bond
(b) Index-linked guilt bond
(c) Leasing
(d) Deep discount bond
Asset generally not suitable for securitization is
(a) Receivables from Government department
(b) Trade receivables
(c) Hire purchase finance receivables
(d) Mortgage loans
A man saves every year Rs. 4,000 and invest it at the end of the year at 10 percent per annum compound interest.Calculate the total amount of his savings at the end of the third year.
(a) 13,260
(b) 13,230
(c) 13,240
(d) 13,250
If A and B are sharing profits in the ratio of 3:2,admit c to one-third share in the future profit,the profit-sharing ratio will be A:B:C is
(a) 2/5, 4/15, 1/3
(b) 3/5, 2/5, 2/15
(c) 4/15, 3/15, 2/15
(d) None of these
subscriptions receivable at the beginning and end of the year are Rs.2000 and Rs.3000 respectively.Income and Expenditure accounts show subscriptions at Rs.20,000. The amount shown in receipt and payment account under subscriptions account.
(a) Rs. 19,000
(b) Rs. 23,000
(c) Rs. 22,000
(d) Rs. 18,000
The NSE – NIFTY’s base period is
(a) 1992
(b) 1993
(c) 1994
(d) 1995
‘Research method’
(a) Is a term used to refer to all aspects of the implementation of methods
(b) Are the procedures a researcher uses to gather information
(c) Are a set of a abstract concepts together with propositions about they are related
(d) None of the above
The process of selecting a subset of a population for a survey is known as:
(a) Survey research
(b) Representation
(c) Triangulation
(d) Sampling
Which of the following is not one of the seven major parts to the research report?
(a) Results
(b) Abstract
(c) Method
(d) Footnotes
A formal statements of the research question or “Purpose of research study” generally
(a) Is made prior to the literature review
(b) Is made after the literature review
(c) Will help guide the research process
(d) All of the above
In case the nominee dies before the policy matures for payment,the policy money shall be payable to the
(a) Legal representative of nominee
(b) Assured
(c) Legal representative of assured
(d) Either b or c
The unit banking system is prevalent in
(a) Canada
(b) Great Britain
(c) USA
(d) India
The regulatory authority for the activities of merchant bankers in India’s
(a) RBI
(b) Ministry of finance
(c) SEBI
(d) Indian Banks Association
The note-issue system in India is based on
(a) Gold Deposit system
(b) Minimum reserve system
(c) Proportional reserve system
(d) Simple deposit system
Depletion is a term used for writing off
(a) Intangible assets
(b) Wasting assets
(c) Fictitious assets
(d) Contingent assets
Which one of the following is not subject to wealth tax
(a) Individual
(b) HUF
(c) Firm
(d) Company
‘Window dressing’ is associated with
(a) Current ratio
(b) Quick ratio
(c) Debt-equity ratio
(d) Proprietary ratio
Receipts and expenditure on capital account is prepared by
(a) Non training concerns
(b) Insurance companies
(c) Electricity supply companies
(d) Holding companies
In a bullish market it is better to buy shares whose beta is
(a) More than 1
(b) Less than 1
(c) Equal to 1
(d) Negative
Dividend stripping is a term applicable to
(a) Mutual funds
(b) Income from other sources
(c) Venture capital funds
(d) Growth companies
“A bird in the hand” approach is associated with
(a) Gordon’s model
(b) Walter’s model
(c) MM Hypothesis
(d) Lintner’s model
Lev Schwartz Model is a popular model followers in
(a) Social Accounting
(b) Human Resource accounting
(c) Inflation accounting
(d) Hedge accounting
In inflation accounting a distinction is to be made between monetary items and non monetary items under
(a) CPP method
(b) CCA method
(c) Hybrid method
(d) All of the above
Currency lease is fovoured by the lessee in respect of assets which depreciate in value on account of
(a) Wear and tear
(b) Efflux of time
(c) Obsolescence
(d) Exhaustion
Currency swaps is a method of
(a) Speculating in foreign exchange
(b) Making money by banks
(c) Providing arbitrage opportunities
(d) Hedging against foreign exchange risks
Who started an agitation to draw the attention of the Government to deplorable condition of women and child labour in Indian Industry?
(a) Mr.Sorabjee Shapurjee
(b) Madan Mohan Malviya
(c) Smith and Walker
(d) Richard B.Frantzerb
“Cost of Capital is the rate of return the farm requires from investment in order to increase the value of the firm in the market rate” This statement defined by
(a) Solomon Ezra
(b) Hampton John.j
(c) M.H.Spencer
(d) T.G.Ghok
The cost of depreciation fund is calculated according to
(a) Opportunity cost theory
(b) Maximum cost theory
(c) M.M.theory
(d) Swat’z model
A company secretary is appointed by
(a) The Government
(b) Debenture holder
(c) The board of directors
(d) Shareholders
Financial derivatives mainly used for
(a) Speculative activities
(b) Creating more risk
(c) Hedging risks
(d) Earning income
Analysis of Variance technique was developed by
(a) Goset
(b) Karl pearson
(c) R.A. Fisher
(d) Laplace
Student ‘t’ is applied
(a) When sample size is more than 100
(b) When sample size is than 50
(c) When sample size is more than 30
(d) When sample size is less than 30
SWOT is used for
(a) Planning
(b) Organization
(c) Motivating
(d) Controlling
“Decision tree” in a business enterprises
(a) Improve organizational effectiveness
(b) Reduces the work load of employees
(c) Enhances workers participation in management
(d) None of the above
The situation in which a seller takes the maximum price which the customer is willing to pay for the product is called
(a) Skimming price
(b) Penetration price
(c) Discount price
(d) Moderate ‘s price
Which of the following is a spontaneous source of financing working capital?
(a) Trade credit
(b) Letter of credit
(c) Cash credit
(d) Overdraft
Issue of bonus shares does not effect
(a) Capital structure of the company
(b) Earning of the shareholder
(c) Wealth of the shareholders
(d) All of the above
Clear profit is a concept applicable to
(a) Insurance companies
(b) Public utility companies
(c) Banking companies
(d) Petroleum companies
Spread is the difference between
(a) Buying and selling rate
(b) Rates in two different markets
(c) Buying rate of two different dealers
(d) Exchange rate difference between official and unofficial dealers
The ratio of riskless cash flow to risky cash flow is known as
(a) Coefficient of variation
(b) Certainty equalent coefficient
(c) Risk adjusted discount ratio
(d) Sensitivity ratio
A growth company is one where
(a) r = ke
(b) r < Ke
(c) r > Ke
(d) None
Which of the following is a diversifiable risk?
(a) Inflation risk
(b) Interest rate risk
(c) Market risk
(d) Business risk
If coefficient of determination 49 the coefficient of correlation is
(a) 0.49
(b) 0.7
(c) 0.07
(d) Cannot be determined
High P/E ratio stocks are
(a) Value stock
(b) Growth stock
(c) Speculative stock
(d) None of the above
With change in mean,standard deviation remaining the same, the normal curve
(a) Shifts along the X axis
(b) Changes the shape
(c) Becomes symmetrical
(d) Becomes asymmetrical
Which of the following is correctly matched?
(a) Pictogram – oral presentation of data
(b) Histogram – graphic presentation of data
(c) Histogram – diagrammatic presentation of data
(d) Cartogram – diagrammatic presentation of data
The tests suggested by fishers for a good index is
(a) Time reversal test only
(b) Factor reversal test only
(c) Time reversal and factor reversal test
(d) None of these
A normal curve is completely defined by the
(a) Mean and standard deviation
(b) Mean and mean deviation
(c) Mean and quartile deviation
(d) None of the above
In a moderately a symmetrical distribution
(a) AM > GM > HM
(b) AM > GM > HM
(c) AM < GM < HM
(d) AM < GM < HM
