Q. The NRIs while investing in the equity of a company cannot buy more than prescribed percentage of the paid up capital of that company. What is the prescribed percentage?
1) 2%
2) 3%
3) 5%
4) 4%
Q. What does the term Depreciation mean as used in finance/banking operations?
1) Closure of a Plant due to lock out
2) Reduction in the value/loss of equipment/plant over a time due to wear and tear
3) Loss incurred during a year due to plant break down
4) Unusually high repair expense incurred on the plant during the year
Q. When did the Reserve Bank of India become a State-owned institution?
1) 1956
2) 1952
3) 1950
4) 1949
Q. Which of the following countries is not member of ASEAN?
1) Thailand
2) Vietnam
3) Myanmar
4) Brazil
Q. Which of the following factors is the most significant among the multiple factors that go into the formulation of Minimum Support Prices for the major agricultural products which are announced each year?
1) Changes in input price
2) Trends in market prices
3) Cost of production
4) Parity between prices paid and prices received by farmers
Q. What does the term short selling refer to?
1) Contract with a broker for sale of shares in a rising market
2) Hoarding commodities to create artificial shortage and reduce sales
3) Selling shares through a broker without actually holding shares generally either in a falling market and/or to induce a bear phase
4) Selling shares through a broker in a 'Bear' phase of the market
Q. Which currency is commonly used in most European countries?
1) Dollar
2) Pound
3) Yen
4) Euro
Q. Which of the following is not a Nationalised Bank?
1) State Bank of India
2) Oriental Bank of India
3) United Bank of India
4) Yes Bank
Q. Which of the following is/are the Textile Research Associations (TRAs) financially supported by Ministry of Textiles?
A. Wool Research Association (WRA)
B. Man Made Textiles Research Association (MANTRA)
C. Bombay Textiles Research Association (BTRA)
1) A & B
2) B & C
3) A & C
4) all these
Q. 'Reid & Taylor', the leading luxury suiting brand of India belongs to which textile industry?
1) OCM
2) S. Kumar
3) Raymond
4) Reliance
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