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WorksheetsPRELIMS
Total questions: 25
Worksheet time: 13mins
A reserve amount that shall not be used by the company for any purpose other repayment of deposits is called ?
Cash reserve ratio
Debentures redemption reserve
Security premium reserve
Free reserve account
Which bank was banned by RBI for issuing new credit cards and introducing new digital products after multiple glitches linked to its digital banking forum?
HDFC bank Ltd
ICICI bank Ltd
Kotak Mahindra Bank Ltd
Bank of Baroda Ltd
What is the full form of IEPF?
Investor’s education provident fund
Investor’s education protection fund
Investor’s education Protection form
Investor’s education public fund
Warren Buffet, World’s greatest investor is the Chairman and CEO of which company?
Berkshire Hathaway
American Express
The Coca Cola Company
Bank of America
Which of the following is not immovable property ?
Machinery permanently attached to the land
Land
Timber
Building
Which organisation is entrusted with promoting pension schemes in India among old ag and retired personnel ?
AMFI
PFRDA
CBDT
SEBI
The first AGM of a Company shall be held within a period of ______ months from date of closing of 1st financial year.
3
6
9
12
The Delivery of goods by one person to another for some specific purpose and time is known as
Mortgage
Charge
Bailment
Pledge
Days of grace provided to instruments at maturity is
1 day
2 day
3 day
5 day
Formal legal document which creates or confirms a right or record a fact is a
Document
Deed
Statue
Instrument
The company act 2013 mandates the spending of at least __________ of Net Profit towards CSR activities
1%
5%
2%
3%
A member of a company is same as shareholder of company.
True
False
What is the full form of FPO?
Future Public Offer
Further Public offer
Follow on public offer
Final Public Office
How much stake of LIC will be sold by Govt in its IPO?
20%
16%
8%
10%
An act is said to be Ultra Virus company when its beyond the powers ;
Of Company
Of the Directors
Of the Directors but not company
Conferred on the company by AOA
What is the other name of AOA?
Internal Charter
Magna carta
Causa Pronima
Modus Operandi
Which of the following variable is popularly used to measure the risk in an investment ?
Correlation
Standard Deviation
Certainty Equivalent
Quartile deviations
A new partner can be admitted in the firm with consent of ;
Simple majority of partners
Special majority of partners
All the partners
New partner only
A ________ is a stipulation essential to the main purpose of the contract
Warranty
Condition
Guarantee
None of the above
Are the citizen of India still taxed wealth tax?
Yes
No
A proposal when accepted becomes a
Promise
Offer
Contract
Acceptance
A ltd. Is the holding company of B Ltd. As the share price of A Ltd corrected, B Ltd saw an opportunity to invest in A Ltd by buying its shares. Can B Ltd do so ??
No, it can not
Yes, absolutely
Yes, after taking permission of ROC
Yes, after passing special resolution
Both tax avoidance and tax invasion is illegal in India.
Tax avoidance is legal and tax evasion is illegal.
True
Tax avoidance is illegal and tax evasion is legal
Both are legal
SEBI was recognised as autonomous body with statutory powers in which year?
1988
1990
1993
1992
The new Income tax website's development contract was given to which Indian company
TCS Ltd
Infosys Ltd
Tech Mahindra Ltd
HCL Technologies Ltd
