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- Question
The Accounting period cycle of NSE is
Options- A. Monday to next Friday
- B. Wednesday to next Tuesday
- C. Wednesday to next Wednesday
- D. Tuesday to next Wednesday
- Correct Answer
- Wednesday to next Tuesday
- 1. Fixed Foreign Exchange rate can be changed by
Options- A. SEBI
- B. Ministry of Finance
- C. RBI
- D. All of the above Discuss
- 2. Devaluation of currency leads to
Options- A. increase in domestic prices
- B. erratic fluctuations in domestic prices
- C. fall in domestic prices
- D. no impact on domestic prices Discuss
- 3. In which of the following cases will total revenue increase?
Options- A. Price rises and demand is inelastic
- B. Price falls and supply is inelastic
- C. Price rises and demand is elastic
- D. Price falls and demand is inelastic Discuss
- 4. Transfer payments are included in
Options- A. Government subsidies
- B. GDP
- C. Both A & B
- D. None of the above Discuss
- 5. The income and substitution effects account for
Options- A. the upward sloping curve
- B. the downward sloping curve
- C. Both A & B
- D. None of the above Discuss
- 6. Suspense account group is defined under
Options- A. Assets
- B. Income
- C. Expenditure
- D. Liabilities Discuss
- 7. The shortcut key to quit from tally is
Options- A. CTRL + Q
- B. CTRL + ESC
- C. CTRL + T
- D. CTRL + P Discuss
- 8. What is Repo Rate and Reverse Repo Rate? Discuss
- 9. Commercial banks are funded through which of the following?
Options- A. Customer deposits
- B. Services
- C. Stock holders
- D. Government funding Discuss
- 10. Which of the following terms is not used in banking sector?
Options- A. Daily Product Basis
- B. Remittancel
- C. Cash Reserve
- D. Actuary Discuss
Accounting and Finance problems
Search Results
Correct Answer: RBI
Explanation:
Fixed Foreign Exchange rate can be changed by Reserve Bank Of India (RBI).
Correct Answer: increase in domestic prices
Correct Answer: Price rises and demand is inelastic
Explanation:
In the case of, "Price rises and demand is inelastic", the total revenue increases.
Correct Answer: Government subsidies
Explanation:
Transfer payments are included in GDP and not in GDP.
Correct Answer: the downward sloping curve
Correct Answer: Liabilities
Correct Answer: CTRL + Q
Correct Answer: Repo Rate is the rate at which the commercial banks borrows money from the central bank of a country ie, RBI in India Reverse Repo Rate is the rate at which the central bank of a country, in case of India it is RBI borrows money from the commercial banks in the country
Correct Answer: Customer deposits
Explanation:
A commercial bank is a financial body which performs the functions of accepting deposits from the general public and giving short term loans for investment with the aim of earning profit.
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