A "Commercial Paper is
(a) An agreement between two parties covering a property dispute
(b) A short-term unsecured promissory note of a company
(c) A documentary evidence of a payment obligation of a commercial bank
(d) A short -term unsecured promissory note of an individual
Which of the following causes earthquakes ?
(a) Violent atmospheric storms
(b) The movement of underground water
(c) The movement of the plates
(d) The movement of ocean currents
Ques 3.
A "certificate of deposit" is a
(a) receipt for a fixed deposit with a bank
(b) receipt for a deposit with a manufacturing or a trading firm
(c) negotiable obligation of a commercial bank
(d) receipt for a deposit with the Government
Ques 4.
Which of the following is more effective to control prices in th elong-run ?
(a) Increase in employment
(b) Decrease in the rate of interest
(c) Increase in production
(d) Decrease in Government expenditure
Ques 5.
"Mumbai High" is associated with
(a) Steel
(b) Petroleum
(c) Mausoleum
(d) Jute
(e) None of these
Ques 6.
What is meant by 'Underwriting ' the term frequently used in financial sector ?
(a) The act of permission to float an IPO
(b) The act of taking on a risk for a fee
(c) Giving a guarantee that a loan will not become a bad loan
(d) Under valuation of the assets
(e) None of these
Ques 7.
The varna System of the Aryas was based on
(a) Occupation
(b) Caste
(c) Colour
(d) Sex
(e) None of these
Ques 8.
Mirage-2000 planers are manufacturing and supplied to India by
(a) Russian
(b) USA
(c) England
(d) France
(e) None of these
Ques 9.
Which instrument is used to measure electric current?
(a) Voltmeter
(b) Ammeter
(c) Electometer
(d) Hydrometer
(e) None of these
Ques 10.
Who levies Income Tax ?
(a) State Government
(b) Both State and Union Government
(c) Union Government
(d) Reserve Bank of India
(e) None of these
Que 11.
Which of the following countries does not play International Cricket ?
(a) New Zealand
(b) Bangladesh
(c) Australia
(d) Japan
(e) None of these
Ques 12.
The Kentucky Fried Chicken chain restaurant, is a business establishment promoted by which of the following groups of multinationals companies in India ?
(a) Maxworth Orchards India
(b) Benson & Hedges
(c) National Dairy Development Corporation
(d) Smith Kline Beecham Consumer Health Care Ltd.
(e) Pepsico Restaurants International
