Correct Option. B Explanation: 128 / 1552 = 0.082. Now 0.082 on Rs97 , so on Rs. 100? = 0.082 x 100 /97 = 0.085 i.e 8.5%
| 2 ...... of a partner means that a partner breaks off his relations with all other partners and withdraws himself from the firm. |
| A. Admission |
| B. Submission |
| C. Permission |
| D. Retirement |
Correct Option. D Explanation: A and C are worthless. There is also no word as SUBMISSION relating to ending of relation. Hence D is the answer
| 3 A sum amounts to Rs. 2,916 in 2 years and to Rs. 3,149.28 in 3 years at Compound interest. The sum is...... |
| A. Rs. 1,500 |
| B. Rs. 2,000 |
| C. Rs. 2,500 |
| D. Rs. 3,000 |
Correct Option. C
| 4 The account maintained by an our Foreign Branches / Correspondents with our domestic branch (in India) is known as ...... |
| A. Loro a/c |
| B. Vostro a/c |
| C. Special a/c |
| D. Nostro a/c |
Correct Option. B
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| 5 The Banking Ombudsman |
| A. is in charge of bank loans for buses |
| B. fixes the rates of interest for loans |
| C. resolves complaints of customer |
| D. is the head of all nationalized bank |
Correct Option. C
| 6 What is the main theme of FRBM act for Indian econ0my...... |
| A. To protect black money marketing |
| B. To protect Indian economy from inflation |
| C. To reduce the dependence of the govt on borrowings and help to reduce the fiscal deficit in a phased manner. |
| D. To reduce fiscal imbalance and give Indian economy future stability. |
Correct Option. C
| 7 Which of the following is NOT a scheduled Commercial Bank ? |
| A. HDFC Bank |
| B. Axis Bank |
| C. IDBI Bank |
| D. NABARD |
| Correct Option. D |
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