Q. PMI is a measure of the growth of different sectors of an economy. What is it ?
1) Prime Measurement Index
2) Purchasing Manager's Index
3) Prime Mean Index
4) Purchase Mean Index
Q. The least liquid asset in a balance sheet would be :
1) Stocks and inventories
2) Short-term investments
3) Trade debtors
4) Cash and Bank balances
Q. What is the term used to explain the gap between total expenditure and total receipts, including both the capital and revenue expenditure and receipts ?
1) Revenue deficit
2) Fiscal deficit
3) Budget deficit
4) Primary deficit
Q. How would you classify the services provided by a bank to issue IPOs or corporate bonds ?
1) Retail banking
2) Corporate banking
3) Investment banking
4) Net banking
Q. Which of the following units is known as 'Paper Gold' ?
1) Ero Dollars
2) Special Drawing Rights
3) Global Depository Receipts
4) Petro Dollars
Q. Contract of insurance is a contract of -
1) Indemnity
2) Guarantee
3) Agency
4) Boilment
Q. How is the annual budget defined in the Indian Constitution ?
1) Profit and loss statement
2) Annual financial statement
3) Statement of revenue and expenditture
4) None of the above
Q. With which financial sector are these terms associated : "Free look period, rider, third party administrator, surrender value."
1) Insurance
2) Banking
3) Capital markets
4) Mutual funds
Q. Which of the following transfer funds from one centre to another in time blocks on the same day ?
1) NEFT
2) EFT
3) RTGS
4) ECS
Q. The measurement of poverty line in India is based on the criteria of -
1) Dwelling houses
2) Nature of employment
3) Level of education
4) Calorie consumption
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