Team 1
What is the full form of "RTGS"?
A) Rare Transfer Gross Setting
B) Real Transfer Grand Settlement
C) Rare Time Grand Setting
D) Real Time Gross Settlement
D) Real Time Gross Settlement
What is the full form of "NEFT"?
A) Network Electronics Final Transfer
B) National Electronics Fund Transfer
C) National Element Financial Transferring
D) Network Element Fund Transfer
B) National Electronics Fund Transfer
What is the full form of "NFT"?
A) Not-fundable Token
B) Non-fundable Transfer
C) Non-fungible Token
D) Never-fundable Token
C) Non-fungible Token
What is the full form of "IMPS"?
A) Import Payment Settle
B) Immediate Process Service
C) Import Payment Service
D) Immediate Payment Service
D) Immediate Payment Service
What is the full form of " UPI"?
A) Unique Payment Identity
B) Universal Process Interface
C) Unified Payments Interface
D) Unique Process Identity
C) Unified Payments Interface.
What foreign currency alternative is classified as derivative?
A) Forward Contract
B) Future Contract
C) Flow Contract
D) Both A and B
D) Both A and B
More expansion of foreign direct investment can boost _______
A) Demand
B) Money circulation
C) Employment
D) Unemployment
C) Employment
The main objective of international financial Management is to arrange sufficient funds for meeting the _____________ goals of an organisation.
A) Short term
B) Long term
C) Medium term
D) All of the above
D) All of the above
Which Indian industries have been hit by globalization?
A) Jute
B) Toy making
C) Information technology
D) Cement
C) Information technology
______ refers to converting illegal on money into legitimate money.
A) Money laundering
B) Tax evasion
C) Black money
D) Demonetization
A) Money laundering
____offers the exporter the greatest level of safety.
A) Cash in advance
B) Letter of credit
C) Wire transfer
D) UPI
B) Letter of credit
Due to globalization, the financial management function has become _________.
A) Less demanding and complex
B) More demanding and complex
C) Less important and complex
D) Outdated and complex
B) More demanding and complex
Which country has banned most foreigners from buying homes, to tackle housing crunch faced by locals?
A) USA
B) China
C) Canada
D) Germany
C) Canada
Which state/ UT launched ‘Legal Aid Defense Counsel System’?
A) Gujarat
B) Jammu and Kashmir
C) Telangana
D) Jharkhand
B) Jammu and Kashmir
What is the name of the difference between the total revenue and total expenditures of a country in a year?
A) Fiscal Deficit
B) Revenue Deficit
C) Primary Deficit
D) Budget Deficit
A) Fiscal Deficit
Which country inaugurated the Pokhara Regional International Airport (PRIA), with the support of China?
A) Sri Lanka
B) Nepal
C) Bangladesh
D) Bhutan
B) Nepal
Which institution has listed restrictive norms of Ministries that violate ‘Make in India’ Plan?
A) NITI Aayog
B) DPIIT
C) Central Vigilance Commission
D) Enforcement Directorate
B) DPIIT
Which state signed agreement with nine states for the welfare of migrant workers?
A) Odisha
B) Jharkhand
C) Bihar
D) Uttar Pradesh
B) Jharkhand
8: The council of Ministers in a Parliamentary type of government can remain in office till it .: . enjoys the support of the
A) Minority of members of the Upper House of Parliament
B) Majority of the members of the Upper House of parliament
C) Minority of members of the Lower House
D) Majority of the members of the Lower House of Parliament
D) Majority of the members of the Lower House of Parliament
Which of the following statements accurately pertain to the annual financial statement (Budget)?
I. The annual financial statement is segmented into three sections: consolidated fund, contingency fund, and public account.
II. All government revenues generated, borrowed funds, and proceeds from loans extended by the government are channeled into the consolidated fund of India.
III. Article 112 of the Constitution mandates that the government must provide Parliament with an outline of projected income and expenditure for each fiscal year.
Options:
A) Only I and II
B) Only II and III
C) All of the Above
D) None of the above
D) None of the above
What do you understand by the term “Fiscal Federalism”?
A) It signifies the transfer of authority and obligations among national, sub-national, and local governments.
B) It denotes the monetary interactions among governmental entities within a federal system.
C) It represents the disposable income households retain after deducting income taxes.
D) It posits that as per capita income surpasses a certain threshold, population tends to rise.
B) It denotes the monetary interactions among governmental entities within a federal system.
What distinguishes a ‘vote-on-account’ from an ‘interim budget’?
I. The utilization of a vote-on-account is customary for a functioning government, while an interim budget is typically employed by an interim or caretaker government.
II. A vote-on-account pertains solely to the government’s expenditure, whereas an interim budget encompasses both expenditure and receipts.
Which of the given statements accurately describes the difference between a ‘vote-on-account’ and an ‘interim budget’?
Options:
A) Only I
B) Only II
C) Both I and II
D) None of the above
C) Both I and II
What is the difference between a call option and a put option?
A) A call option gives the holder the right to buy an underlying asset, while a put option gives the holder the right to sell an underlying asset.
B) A call option gives the holder the right to sell an underlying asset, while a put option gives the holder the right to buy an underlying asset.
C) A call option and a put option are the same thing.
D) A call option and a put option have no relation to buying or selling an underlying asset.
A) A call option gives the holder the right to buy an underlying asset, while a put option gives the holder the right to sell an underlying asset.
What is a swap?
A) A contract to exchange currencies at a fixed exchange rate
B) A contract to exchange stocks at a predetermined price
C) A contract to exchange assets or liabilities with another party
D)A contract to exchange commodities at a future date
C) A contract to exchange assets or liabilities with another party
What is delta in option pricing?
A) The sensitivity of the option price to changes in the time to expiration
B) The sensitivity of the option price to changes in the volatility of the underlying asset
C) The sensitivity of the option price to changes in the underlying asset price
D) The sensitivity of the option price to changes in interest rates
C) The sensitivity of the option price to changes in the underlying asset price.