Q. Supersonic Cruise Missile BrahMos is joint venture of which of the following ?
1) India and Russia
2) India and China
3) India and Israel
4) None of the above
Q. The German Multinational conglomerate 'Thyssenkrupp' has recently (July 2018) signed a definitive agreement to combine their European Steel business with ........
1) Essar Steel Limited
2) Arcelor Mittal SA
3) JSW Steel Limited
4) Tata Steel Limited
Q. The Defence Technology and Trade Initiative (DTTI) is a forum for dialogue on defence partnership between India and -
1) Russia
2) United States of America
3) Israel
4) France
Q. As per the policy applicable in 2017, how much Foreign Direct Investment (FDI) is permitted in the defence sector in India ?
1) 49 per cent through the automatic route
2) 26 per cent through the government route
3) 26 per cent through the automatic route and beyond that up to 49 per cent through the government route
4) 75 per cent through the automatic route
Q. In order to review the Income Tax Act, 1961 and to draft a new Direct Tax Law in consonance with economic needs of the country, the Government of India in November 2017 has constituted a Task Force. Who among the following is made the convenor of it ?
1) Shri Arvind Subramanian
2) Shri Arbind Modi
3) Shri Amitabh Kant
4) Dr. Bibek Debroy
Q. As per RBI norms, 'Term Money' means deals in funds for ......... to 1 year.
1) 30 days
2) 15 days
3) 10 days
4) 20 days
Q. The total cost that arises when the quantity produced is increased by one unit is called -
1) Average cost
2) Marginal cost
3) Fixed cost
4) Unit cost
Q. 'Subprime lending' is a term applied to the loans made to -
1) Those borrowers who do not have a good credit history
2) Those borrowers who do not have a good debit history
3) Those borrowers who have a good credit history
4) Those borrowers who are employees
Q. Which of the following is correct IRR of a capital investment project ?
1) It must exceed the cost of capital in order for the firm to accept the investment
2) It requires discount rate to be assumed beforehand
3) It is equal to cost of debt for a project
4) It is equal to annual cash flows divided by the project's cost when the cash flows are an annuity
Q. Provision for Bad Debts is made as per the -
1) Entity concept
2) Going concern concept
3) Cost concept
4) Conservatism concept
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