Practice Question and Answer

Q: What is an Indian Depository Receipt ? 2012 0

  • 1
    A deposit account with a Public sector Bank
    Correct
    Wrong
  • 2
    A depository account with any of the Depositories in india
    Correct
    Wrong
  • 3
    An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing company
    Correct
    Wrong
  • 4
    An instrument in the form of deposit receipt issued by indian depositories
    Correct
    Wrong
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Answer : 3. "An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing company"
Explanation :

Answer: C) An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing company Explanation:

Q:

Bank rate is the rate at which—

2012 0

  • 1
    A bank lends to the public.
    Correct
    Wrong
  • 2
    RBI lends to the public.
    Correct
    Wrong
  • 3
    RBI lends to commercial banks.
    Correct
    Wrong
  • 4
    Government of India lends to other countries.
    Correct
    Wrong
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Answer : 3. "RBI lends to commercial banks."

Q:

Who prohibited Sati?

2012 0

  • 1
    Warren hastings
    Correct
    Wrong
  • 2
    Lord Wellesley
    Correct
    Wrong
  • 3
    Lord William Bentinck
    Correct
    Wrong
  • 4
    Lord Dalhouside
    Correct
    Wrong
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Answer : 3. "Lord William Bentinck "

Q:

What is the simple interest when Rs. 13000 get the interest Rs. 6,370 in the $$ {3{1\over 2}}$$ year?

2012 0

  • 1
    5 %
    Correct
    Wrong
  • 2
    10 %
    Correct
    Wrong
  • 3
    14 %
    Correct
    Wrong
  • 4
    12%
    Correct
    Wrong
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Answer : 3. "14 %"

Q:

Headquarter of IRDAI is located at

2012 0

  • 1
    Mumbai
    Correct
    Wrong
  • 2
    Chennai
    Correct
    Wrong
  • 3
    Ahmedabad
    Correct
    Wrong
  • 4
    Hyderabad
    Correct
    Wrong
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Answer : 4. "Hyderabad"

Q: The Van Vihar National Park is loacted in which state  ? 2012 0

  • 1
    Telangana
    Correct
    Wrong
  • 2
    Madhya Pradesh
    Correct
    Wrong
  • 3
    Andhra Pradesh
    Correct
    Wrong
  • 4
    Bihar
    Correct
    Wrong
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Answer : 2. "Madhya Pradesh"
Explanation :

Answer: B) Madhya Pradesh Explanation: The Van Vihar National Park is located in Bhopal, the capital city of Madhya Pradesh. It covers an area of about 4.45 sq.km and is home to Bengal Tiger, Asiatic Lions, wild cats, Indian Wolf, Sloth Bear, Red Fox, Indian Jackal, Wild Dog, Mongoose, Striped Hyena, Mugger Crocodile, Gharial, Snakes, Python, etc.

Q: Job cost sheets constitute the subsidiary ledger for the 2012 0

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Answer :
Explanation :

The job cost sheets constitute the subsidiary ledger for the Work in Process Inventory Account. A job cost sheet is a form used to record the costs chargeable to a specific job and to determine the total and unit costs of the completed job. Companies keep a separate job cost sheet for each job.

Q:

Which data communication method is used to send data in both directions at the same time?

2012 0

  • 1
    Full duplex
    Correct
    Wrong
  • 2
    Simplex
    Correct
    Wrong
  • 3
    Half duplex
    Correct
    Wrong
  • 4
    Super duplex
    Correct
    Wrong
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Answer : 1. "Full duplex"

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