Q and A

=================================================================
SET 5
=================================================================
1. Clients of a Custodian are typically
(a) Retail Investors
(b) Stock Exchanges & Clearing Houses
(c) Deositories
(d) Financial Institutions, Asset Management Companies, ension Funds etc foreign
instituional
(e) !nl" # & $
!efer t"e page num#er$ %&
%. If you 'anted to sa(e Income Ta) #y in(esting in a Mutual fund, you 'ould #e in(esting in a
(c) Divi&en& Re'invest(ent Sche(e
(a) $onus Sche(e
(#) E*uity +in,ed Sa(ings Sc"eme
(e) )one o* the above
(&) S"ste(atic +ith&ra,al -lan
-on.t ,no' mig"t #e / is t"e ans'er
.. 0"ic" of t"e follo'ing is a #enefit of "olding securities in demateriali1ed format2
(a) Investor earns interest on the securities ket in his account
(#) Eliminates ris,s associated suc" as #ad deli(eries, t"efts, delays, fa,e securities, etc
(c) Investor gets re*erences over others &uring Rights/ $onus issues
(&) !nl" $ & C
(a) #ll o* the above
3es it.s correct ans'er
0. 0"at is 4Sal(age (alue.2
(c) 1he asset ,hich is exense& at a constant rate
(a) T"e estimated (alue t"at an asset 'ill reali1e upon its sale at t"e end of its useful life
(b) Exenses that are alrea&" ai& but are execte& to er*or( ositivel" in the *uture
erio&s
(&) Srea&ing the net cost o* an asset
2. Custodians are entities '"o
(a) Sa*e'kee securities on behal* o* their clients
(c) Han&le cororate actions on client3s securities hel& b" the(
(b) Ensure ti(el" settle(ent o* *un&s an& securities
(d) All of t"e a#o(e
!efer t"e page num#er$ %&
4. 0"o is t"e regulator for fore) mar,et in India2
(a) SE$I
(b) 5overn(ent o* In&ia
(c) !/I
(e) $oth $ & C
(&) 6inistr" o* 7inance
!efer t"e page num#er$ 567
89 Calculate 0eig"ted a(erage cost of capital Mar,et (alue of -e#t$ !s9 %66,666,666, Mar,et
(alue of E*uity$ !s9 &66,666,666 Cost of de#t$ :;, Cost of e*uity$ 5%;, Ta)$ <5;

(c) 559%5 ;
(a) 1%.829
(b) 1%9
(e) 11.:.9
(&) 1.9
:. +hich o* the *ollo,ing state(ents is ; are )!1 true *or li*e insurance
(i) <i*e insurance is a necessar" invest(ent.
(ii) Invest(ents in li*e insurance are tax &e&uctible in In&ia.
(iii) 1he earlier in li*e one gets insure&/ the cheaer it is.
(i() 3oung people do not really need life insurance9

(c) !nl" (iii)
(b) )one o* the above
(e) !nl" (i) an& (ii)
(d) =nly (i()
Correct ans'er refer page$ 7>
=. Custo&ian er*or(s ,hich o* the activit" on behal* o* its client
(a) Ensure ti(el" settle(ent o* *un&s an& securities
(b) 6aintain Clearing accounts ,ith Deositor" -articiants
(c) Ensuring ti(el" collection o* (onetar" an& non'(onetar" bene*its on securities !n behal* o* the
client
Correct ans'er !efer t"e page num#er$ %&
1>. Ho, &oes E-S calculate&?
(b) )et ro*it ; !utstan&ing shares
(c) ?et profit ref9 di(idend @ =utstanding s"ares
(a) 5ross ro*it ; !utstan&ing shares
(e) 5ross ro*it ; 6arket value o* outstan&ing shares
(&) )et ro*it ; 6arket value o* outstan&ing shares
Correct ans'er
11. 1he (a@or &i**erence bet,een a broker an& a sub'broker is
(b) $roker is (e(ber o* the Exchange ,hile sub'broker is not
(c) /ro,er can trade on t"e e)c"ange '"ile su#A#ro,er cannot
(a) 1he broker is registere& but the sub'broker nee& not be registere&
(&) #ll o* the above
Correct ans'er !efer t"e page num#er$ 86
1%. Deositor" -articiant is &i**erent *ro( Deositor" b" ,a" o*
(&) Deositor" can oen accounts ,ith Deositor" -articiants
(c) -epository articipants can open accounts 'it" -epository
(b) Deositor" is an agent o* Deositor" -articiant
(a) Deositor" -articiants is an agent o* Deositor"
(e) #ll o* the above
1.. +hat ,ill be the 7A o* an annuit" ,ith the *ollo,ing values?
(i) 7reBuenc" = se(i'annual
(ii) Install(ent = Rs. %/>>>.>>
(iii) 1"e = !r&inar" annuit"
(iv) Rate o* interest = :.>>9 er annu(
(v) -erio& = 4 "ears

(&) Rs. 12/>41.%:
(c) Rs. 10/481.:4
(#) !s9 <6,6559%5
(a) Rs. .>/>41.21
(e) Rs. %=/.0..8%

So / is t"e Ans'er
10. # Sub'broker cannot
(a) Directl" oen his client3s accounts
(b) Settle tra&es ,ith clearing house
(c) 6aintain his client3s tra&ing an& other (argins
(e) =nly / B C
12. $asel II ai(s to control risks o* banks b"

(a) De*ining caital reBuire(ents
(b) De*ining &isciline i.e. Bualit" o* business
(c) De*ining nu(ber o* branches o* the bank
(d) /ot" A B /
!efer t"e page num#er$ 58<
14. #nti'6one" <aun&ering solutions hel banks to i&enti*" an& co(bat
(a) <ikel" *rau&s being co((itte& b" e(lo"ees o* the bank
(b) <ikel" (one" being sihone& o** b" senior (anage(ent o* the bank
(c) Money #eing co(ered and mo(ed #y antiAsocial B antiAnational elements
(&) 6one" being illegall" trans*erre& to subsi&iaries o* the bank
Correct !efer t"e page num#er$ 587
18. Evaluation o* cre&it ,orthiness o* issues are t"icall" &one b"
(c) Credit !ating Agencies
(a) 6erchant $ankers
(b) $ankers to the issue
(e) $oth # & C
(&) Issuers
Correct !efer t"e page num#er$ 8:
1:. +hich o* the *ollo,ing about 7IIs is not true?
(a) 7IIs ,ere *irst allo,e& to invest in 1==%'=.
(b) 7IIs nee& to be registere& ,ith SE$I
(c) SE/I monitors FII e)posures in different companies
(&) 7IIs nee& R$I clearance be*ore the" invest in In&ian (arkets
!efer t"e page num#er$ %5
1=. +here are annuities use&?
(a) In Insurance lans
(b) In -ension -lans
(c) In recurring &eosits
(e) !nl" # & $
correct !efer t"e page num#er$ 5%

769 If a company.s Cross profit is %<,666, Salary e)penses are >,666, !ent is %,666, Interest
payments are 5,666, ot"er income is 5,666, and Ta)es are 76; on t"e net profits, t"en '"at is
t"e ?et profit (EAT)2
(c) 08/4>>
(a) 2:/>>>
(b) 2./>>>
(e) .:/2>>
(&) >7,>66
Suganya 0rite Ans'er
759 0"at is ?et 'ort"2
(c) <ong ter( #ssets C EBuit" caital
(a) Current #ssets C )et ro*it
(b) )et ro*it C Reserves
(e) EBuit" caital C )et ro*it ; 6arket caitalisation
(d) !eser(es and Surplus D E*uity capital
!efer t"e page num#er$ <%
779 /ro,er needs to #e registered 'it" t"e
(a) Stock Exchanges o* ,hich he is a (e(ber
(b) Securities an& Exchange $oar& o* In&ia (SE$I)
(c) Clearing House
(d) /ot" A B /
7>9 Calculate t"e I!! for t"e follo'ing proEect
3ear Cas" Flo' (!s9)
6 (%, 66,666)
5 56,666
7 5, 65,666
< 5, 66,666
> <, 85,666

(a) 1.849
(b) 1.219
(c) 1.%49
(&) 1.%29
(e) 1.4%9
56,666 5, 65,666 5, 66,666 <, 85,666
Solution $ %, 66,666 F AAAAAAAAAA D AAAAAAAAAAAAAA D AAAAAAAAAAAAAA D AAAAAAAAAAAAAAAAA
(5Dr)5 (5Dr)7 (5Dr)< (5Dr)>
Su#stitute r 'it" t"e a#o(e (alues and get t"e ans'er

%2. =pening accounts of in(estors '"o 'is" to #uy and sell s"ares on t"e stoc, e)c"ange is
'it"
(&) # & $
(c) /ro,ers
(b) SE$I
(a) Stock Exchanges
7%9 Sec >6> of Sar#anes =)ley Act deals 'it"
(a) Cororate Resonsibilit" o* 7inancial Reorting
(#) Management Assessment of Internal Controls
(c) 6itigating 6arket Risks
(&) Caital ReBuire(ents
!ig"t ans'er !efer t"e page num#er$ 585
789 rimary -ealers in India are t"e ones '"o are
(b) 7ront !**ice executives *or online tra&ing
(c) Aut"ori1ed -ealers in Co(t9 Securities appointed #y t"e !/I
(a) Dealers on the tra&ing *loor o* a stock exchange
(&) 6e(bers o* the Clearing House
!efer t"e page num#er$ %6

7&9 If you 'anted to in(est in a "ig"Areturn, "ig"Aris, sc"eme of a mutual fund, '"ic" fund
'ould you in(est in
(&) Inco(e 7un&
(c) Cro't" Fund
(b) In&ex *un&
(a) $alance& 7un&
(e) Either $ or C
!efer t"e page num#er$ 56%, I am not sure
7:9 Future Galue 'ill #e "ig"er for
(a) # higher rate o* co(oun&ing
(b) # longer tenure
(c) # higher *reBuenc" o* co(oun&ing
!ig"t ans'er is a I t"in, c"ec, page num#er 5%

<69 0"ic" of t"ese is not a roEect Type underta,en #y rimeSourcing2
(c) 6igration
(a) )e, Develo(ent
(b) -ro&uction Suort
(&) /usiness Consulting
!efer t"e page num#er$ 5%8 it mig"t #e all of t"e a#o(e
<59 rimeSourcing In(estment /an,ing does not pro(ide solution to '"ic" of t"e follo'ing
(a) Caital 6arkets
(b) -ort*olio 6anage(ent
(c) Risk 6anage(ent
(d) Cas" Management
<79 Follo'ing are eligi#le to apply for rig"ts issue HHHHHHHHHH
(&) 7inancial Institutions
(c) 5eneral -ublic
(#) E)isting s"are "olders
(a) !nl" -ro(oters
(e) !nl" # & $
Correct ans'er
<<9 4Company 'ill remain in #usiness for an indefinitely long period.
(&) Dual asect concet
(c) 6atching concet
(b) Realisation concet
(a) Coing concern concept
(e) Entit" concet
<>9 T"e maEor issuers of securities in India are

(c) 6erchant $ankers/ $ankers to the Issue & <ea& 6anagers
(a) Co(ernment, u#lic Sector B Corporate
(b) Stock Exchanges/ Clearing Houses & Custo&ians
(&) Deositor" & Deositor" -articiants
Correct ans'er
.2. +hich o* the *ollo,ing is a service t"icall" o**ere& b" -ri(eSourcing D -rivate $anking
(b) Risk 6anage(ent Solutions
(c) Caital 6arket Solutions
(a) Cash 6anage(ent Services
(e) HealthCare Solutions
(d) 0ealt" Management Solutions
Correct ans'er !efer t"e page num#er$ 5%:

<%9 +hat is the value o* the *urniture at the en& o* 2 "ears i* the resent value is 2>>/>>> an&
&ereciation rate is 1>9?
(b) %2>/>>>
(c) .2>/>>>
(a) 7:5,7>5
(e) .>2/1%2
(&) .02/%22
Correct ans'er / Eust deduct 56; of 5 lacs in 5 years9 3ou 'ill get t"e ans'er9
I am not sure9
.8. +hat is the initial rincial that ,ill gro, to Rs. %/40/08=.>2 in 2 "ears at :.>>9 co(oun&e&
annuall"?
(c) Rs. %/>>/>>>
(a) Rs. 1/82/>>>
(#) !s9 5,&6,666
(&) Rs. 1/=0/>>>
Solution $ F 7,%>,>8:965 @ ( 5D 696&) 5 F 58::::9:: F !s9 5,&6,666
So ans'er is /
<&9 +hat is the &ereciation charge er "ear i* (achiner" has been value& as 2>/>>>/ li*e o* (achiner" is
1> "ears an& the salvage value is 2/>>>?
(a) 2/>>>
(b) >,566
(c) %/2>>
(&) %/%2>
(e) 1/>>>
?o Idea
E.=. Custo&ians are inter(e&iaries that nee& to be registere& ,ith
(b) R$I
(c) 7inancial Institutions an& Stock Exchanges
(a) SE$I
(e) SEC
(d) ?eed not #e registered
*uestion is not proper $ !efer t"e page num#er$ %&

0>. +hich o* the caital $u&geting (etho&s best suite& to *in& out the ti(e reBuire& *or recovering initial
invest(ent cost?
(&) !nl" # & C
(c) ay #ac, period
(b) IRR
(a) )--
(e) #ll the above
All of t"e a#o(e I t"in, needs to find out '"ic" one is #etter
!efer page num#er$ >%
<9 Clearing is t"e process of
(a) )etting o* obligations against each (e(ber an& settling the(
(b) 6atching *un&s receivable vs. a"able an& settling net balances
(c) )etting o* securities & *un&s a"able ,ith receivable *or each (e(ber an&
settling the(
59 0"ic" is t"e largest financial mar,et in t"e 'orld2
(b) Debt 6arket
(c) 6one" 6arket
(a) Stock 6arket
(e) Foreign E)c"ange Mar,et
(&) Derivatives 6arket
79 International offering of de#t @ e*uity is managed #y
(a) SE$I
(#) !/I
(c) 6erchant $anker
(&) )#SD#F
59 0"ic" ratio s"o's t"e earnings left for s"are"olders2
(a) 5ross ro*it ratio
(#) ?et profit ratio
(c) Return on assets ratio
(&) Return on eBuit" ratio
%9 /asel II aims to co(er t"e follo'ing ris, e)posures of a #an,
(b) 6arket Risk
(c) !erational Risk
(a) Cre&it Risk
(e) !nl" # & $
89 A depository can #e compared 'it" #an, #ecause
(a) 1he account oening *or(alities are si(ilar to that o* bank
(b) Deositor" is a sa*e'keeer o* securities ,hile bank is a sa*e'keeer o* *un&s
(c) Deositor" trans*ers securities electronicall" ,hile banks (ove *un&s
electronicall" bet,een accounts on instruction o* the account hol&er
(e) !nl" # & $
&9 rimeSourcing.s (irtual uni(ersity to ena#le continuous learning is ,no'n as
(a) i'*lex universit"
(b) 7lexcube universit"
(c) rime Ini(ersity
(&) -ri(e Center o* <earning
:9 0"at is an Amortisation2
(c) aying off of de#t in regular installments o(er a period of time
(a) It is an asset but not h"sical in nature
(b) It is excess o* urchase rice over the *air (arket value
(e) <ist o* all the or&ers entere& &uring that &a"
(&) <ist o* the settle& tra&es
569 T"is ratio measures t"e e)tent to '"ic" #orro'ed funds support t"e firm.s assets
(&) Interest coverage ratio
(c) Current ratio
(b) Debt EBuit" ratio
(a) -e#t ratio
(e) Return on assets ratio
559 A person in t"e initial stages of "is career "as "ig" ris,Ata,ing a#ility #ecause
(i) He is intereste& in higher returns
(ii) Je "as less responsi#ility
(iii) Je "as a long in(estment "ori1on
(iv) He can a**or& losses
(a) #ll are true
(b) )one are true
(c) (i) is *alse
(&) (iv) is *alse
(e) =nly (ii) and (iii) are true
579 0"at is t"e #asis of (oting rig"ts for Mem#ers of Cooperati(e Society2
(#) =ne (ote per mem#er
(c) 6e(bers cannot vote
(a) -roortion o* shares hel&
(&) )u(ber o* "ears o* exerience
5<9 Company.s Cross profit is %<,666, Salary e)penses are >,666, !ent is %,666, Interest
payments are 5,666, ot"er income is 5,666, and Ta)es are 76; on t"e net profits9 T"e
company declares 55; as di(idend to t"e s"are"olders9 0"at is t"e amount '"ic" 'ill #e
transferred to reser(es B surplus2
(&) .2/:>>
(c) <%,6>6
(b) .:/2>>
(a) 00/.>>
(e) .=/>4>
5>9 In t"e options, '"o is o#ligated to "onor t"e deal2
(a) $u"er o* the otion
(#) 0riter (Seller) of t"e option
(c) Clearinghouse
(&) 6arket (aker
(e) Stock Exchange
559 0"ic" of t"e follo'ing is correct2
(c) CDS< is a Deositor" -articiant
(a) )SD< is a Deositor" -articiant
(#) ICICI /an, is a -epository articipant
(e) !nl" C & D
(&) Stock Hol&ing Cororation o* In&ia is a Deositor"
5%9 +ife insurance can #e used as
(a) # (eans o* risk trans*er
(b) # (eans o* long'ter( savings
(c) # (eans o* retire(ent lanning
589 0"ic" of t"e follo'ing is (are) ?=T true for "edge funds2
(i) 1he" are high'risk/ high return invest(ent avenues
(ii) Initial invest(ent a(ount is ver" high
(iii) 1he" are highl" regulate&
(iv) He&ge *un&s can in&ulge in co((o&ities tra&ing
(&) !nl" (iv)
(c) =nly (iii)
(e) !nl" (i) an& (ii)
5&9 rimeSourcing is t"e
(c) -art o* -ro&uct !**ering
(a) Ser(ices =utsourcing -i(ision of iAfle) solutions ltd9
(b) Services !utsourcing Division o* i'*lex consulting
(&) -art o* Centers o* Excellence
5:9 -epositories (-epository participants) "a(e to #e registered 'it"
(a) SE/I
(b) R$I
(c) Stock Exchanges
(e) $oth # & $
(&) Custo&ian
K769 rimeSourcing "as domain e)pertise in '"ic" of t"e follo'ing areas
(a) Derivatives 1ra&ing an& -rocessing
(b) Insurance clai(s -rocessing
(c) 6utual 7un&s #ccounting an& !erations
(&) !nl" # & $
(e) All of t"e a#o(e
759 -epositories "old securities
(a) In demateriali1ed form
(&) 1he" &o not hol& an" securities
(c) In &e(aterialiGe& or h"sical *or(
(b) In h"sical *or(
779 0"at is a 4!e(erse !epo.2
(a) /uying and selling #ac,
(b) Selling an& bu"ing back
(c) S,aing the cash *lo,s
(&) 6ove(ent o* the rice is in reversal or&er to the un&erl"ing
7<9 0"ic" of t"e follo'ing a#out -epositories is correct2
(a) <en& against shares le&ge& ,ith the(
(b) -a" &ivi&en&s on shares hel& ,ith the(
(c) -irectly credits securities allotted to t"e in(estor to t"eir account in electronic form
(e) !nl" # & $
(&) Converts the securities *ro( electronic *or( to h"sical *or(at
7>9 Company.s Cross profit is %<,666, Salary e)penses are >,666, !ent is %,666, Interest
payments are 5,666, ot"er income is 5,666, Ta)es are 76; on t"e net profits9 If t"e company
declares 55; as di(idend to t"e s"are"olders t"en '"at is t"at amount2
(b) 2/.>>
(c) %,<%6
(a) 0/%0>
(e) 8/=2>
(&) :/8>>
759 Mutual Funds facilitates pooling of in(estor funds '"ic" are managed #y
(a) 1he 1rustees o* the 7un&
(#) Asset Management Company of t"e Fund
(c) 6utual *un& itsel*
(&) 6utual 7un& Sonsor
7%9 0"at is a long position2
(&) EBuit" rices going u
(c) Re&ee(ing securities
(b) Selling a *uture contract
(a) /uying a future contract
789 0"ic" of t"ese are not a Gertical@ Jori1ontal in rimeSourcing2
(b) Retail 6ortgages
(c) 6icroa"(ents
(a) Co((unit" $anking
(e) All of t"e A#o(e
(&) !nl" $ & C
%:. +hich ratio(s) kno,n as HE**icienc" ratio(s)3?
(a) Receivables turnover ratio
(b) Inventor" turnover ratio
(c) 7ixe& assets turnover ratio
(&) # & $
7:9 In(estors can open t"eir demat accounts 'it"
(a) Deositor"
(#) -epository articipant
(c) Stock Exchanges
(&) Custo&ian
<69 0"at is a s"ort position2
(c) Re&ee(ing securities
(a) $u"ing a *uture contract
(#) Selling a future contract
(&) EBuit" rices going u
<59 T"e most (ital role amongst all intermediaries during a pu#lic issue is played #y
(c) +ead Manager
(a) $ankers to the Issue
(b) In&er,riter
(e) # & $
(&) Registrar
<79 0"ic" of t"e follo'ing are 1ero coupon @ discounted de#t securities
(c) 5I<1 (5overn(ent) securities
(a) R$I Relie* bon&s
(#) Treasury #ills
K<<9 /an,ers to t"e issue
(c) -rovi&e bri&ge loans *ro( the &ate o* issue till &ate o* allot(ent
(a) Collect alications an& *un&s *or subscribing to the shares *ro( investors
(b) 6arket the ublic issue
(e) !nl" $ & C
<>9 0"ic" of t"e follo'ing 'ould #e co(ered under Cuidelines for -e(elopment roEects2
(a) Esti(ation
(b) -rocess #u&its
(c) Fualit" Control
(e) !nl" # & $
.2. Merc"ant /an,ers need to #e registered 'it"
(d) Companies '"om t"ey are #an,ers for
(c) Stoc, E)c"anges
(b) R$I
(a) SE/I
(e) $oth # & $
Set D 0
59 0"at does Galuation ratio refer to2
(b) Ho, e**icientl" the assets are utiliGe& b" a *ir(
(c) 1he abilit" o* a *ir( to (eet its obligations in the short run
(a) -rovi&e an in&ication o* the long'ter( solvenc" o* the *ir(
(e) Jo' t"e e*uity stoc, of t"e company is assessed in t"e capital mar,et
(&) Re*lect the *inal result o* business oerations
79 0"ic" of t"e follo'ing is t"e most commonly used a(enue for in(estment2
(c) Shares
(a) /an, deposits
(b) 6utual *un& units
(e) Cororate *ixe& &eosits
(&) He&ge *un&s

<9 0"ic" statement(s) tal,(s) a#out financial position of t"e company at t"e end of an
accounting period2
(&) # & $
(c) 7un&s *lo, state(ent
(#) /alance s"eet
(a) -ro*it & <oss state(ent
(e) $ & C
>9 0"at is a -ay order2
(a) #n or&er ,hich ,ill (atch i((e&iatel" uon entering into the s"ste(
(#) An order '"ic" is (alid till t"e end of day
(c) #n or&er ,hich ,ill get the investor a best rice
(&) #n or&er ,hich ,ill be in the s"ste( till its get (atche& ; cancelle&
59 0"ic" type of in(estment can generate t"e "ig"est returns o(er time2
(c) Real estate
(a) S"ares
(b) 5ol&
(e) 6utual 7un&s
(&) 7ixe& &eosits
%9 0"at is a Frenc" auction2
(b) #ll bi&s that are lo,er than the cut'o** are given *ull allot(ent at their bi& rice
(c) #ll bi&s that are higher than the cut'o** are given *ull allot(ent at their cut'o** rice
(a) #ll bi&s that are lo,er than the cut'o** are given *ull allot(ent at the re(iu(
(e) ?one of t"e a#o(e
(&) #n auctioning (echanis( ,hich is &e*ine& base& on 7rench gui&elines
89 Trade orders can #e placed #ased on
(c) Fuantit" relate& con&itions
(b) -rice relate& con&itions
(a) 1i(e relate& con&itions
&9 =ne of t"e follo'ing in(estment a(enues is ?=T necessarily a ta) sa(ing met"od9 0"ic"
one2
(a) -ostal savings
(&) In*rastructure bon&s
(b) <i*e insurance
(c) Mutual fund units
:9 iAfle) solutions ltd9 "as solutions for t"e
(a) $anking in&ustr"
(b) 7inancial Services In&ustr"
(c) Insurance in&ustr"
(&) Healthcare In&ustr"
569 0"ic" statement(s) tal,(s) a#out financial performance of t"e company during an
accounting period2
(a) rofit B +oss statement
(b) $alance sheet
(c) 7un&s *lo, state(ent
(e) # & C
(&) # & $
559 Ley terms t"at distinguis" one de#t instrument from anot"er
(c) Interest rate & t"e
(a) Issuer o* the instru(ent
(b) 7ace value o* the instru(ent
(&) Rea"(ent ter(s
579 0"ic" of t"e follo'ing is a part of !e(eleus Analytics2
(c) 7inancial #nal"tics
(a) $usiness #nal"tics
(#) !is, Analytics
(&) $anking #nal"tics
5<9 0"ic" is t"e most popular mar,et for trading of de#t instruments2
(a) =TC mar,et
(b) Stock Exchange tra&ing
(c) # & $
(&) +holesale (arket
5>9 0"o regulates stoc, mar,ets in India2
(a) SE/I
(b) SEC
(c) R$I
(&) 7S#
559 rice disco(ery of a security is done #y t"e follo'ing process
(b) Rights issue
(c) /oo, #uilding
(a) -rivate lace(ent
(&) $onus issue
5%9 Income earned #y Sole roprietors"ip is ta)a#le under
(a) Cororate 1ax
(#) ersonal Income Ta)
(c) H I 7
(&) +ealth 1ax
(e) +ithol&ing tax
589 Money mar,et deals 'it"2
(&) # & $
(c) Stocks
(b) <ong ter( securities
(a) S"ort term securities
(e) # & C
5&9 An order '"ic" gets acti(ated only '"en t"e mar,et price of t"at security reac"es t"e
trigger price
(b) 6arket or&er
(c) Stop +oss order
(a) <i(it or&er
(&) #ll or )one
5:9 0"at is under'riting2

(c) #llotting the securities to the investors
(a) A#sor#ing t"e unsu#scri#ed portion
(b) #ssisting the co(an" *ro( rearing the rosectus to till the listing
(&) Hol&ing the securities in electronic *or(
769 !e(eleus is positioned to pro(ide solutions for t"e ris,s defined #y
(c) Internal $ank nor(s
(a) R$I nor(s
(#) /asel II norms
(&) 6arket ractices
759 0"o issues t"e receipt to pay #ac,2 and to '"om2
(a) <en&er to the borro,er
(b) $orro,er to the (arket
(c) /orro'er to t"e +ender
(&) <en&er to the (arket
7<9 0"ic" of t"e follo'ing 'ill ?=T "elp ma)imi1e sa(ings2
(a) urc"asing on installments timely sa(ings
(b) Regular an& ti(el" savings
(c) #voi&ing excessive risks
(&) <iving ru&entl"
(e) 6onthl" bu&gets
7>9 0"at is t"e return on in(estment per annum for an asset purc"ased for !s9 %7, 56, 666 and
leased out for !s9 56,666 per mont" for 5& mont"s, after '"ic" it is sold to fetc" !s9
%6,66,6662
(&) 12.4>9
(c) 4.=.9
(b) 10.0>9
(a) 569>6;
(e) 8.2%9
759 0"ic" of t"e follo'ing is a Consulting practice 'it"in iAfle) consulting
(c) -rocess & Fualit" Consulting
(a) $usiness & I1 Strateg" Consulting
(b) $usiness & 1echnolog" Consulting
(&) $oth # & $
7%9 0"ic" are t"e maEor financial statements2
(b) -ro*it & <oss state(ent
(c) Cash (7un&s) *lo, state(ent
(a) $alance sheet
(e) A, / B C
(&) # & $
789 Ley regulation t"at go(ern t"e issuance of Cs
(a) Issuers (ust be $anks
(#) Issuers must "a(e to #e rated #y credit rating agencies
(c) C- shoul& be issue& at least *or a erio& o* one "ear an& above
(&) 1he" shoul& be issue& b" R$I
(e) 1he (ini(u( &eno(ination is Rs. % lakhs
7&9 Suppose !s97, 566 is deposited in an account earning 5975; interest compounded
*uarterly9 0"at 'ill t"e account #e 'ort" in & years2
(a) Rs..840.2:
(b) Rs..22>.>>
(c) !s9<8:>957
(&) Rs..8=:.%4
7:9 !ate of return e)pected #y E*uity S"are "olders is generally
(c) EBual to Debenture ; $on& hol&ers
(a) Jig"er t"an t"e -e#enture @ /ond "olders
(b) <o,er than the Debenture ; $on& hol&ers
(e) )o Correlation
(&) 7ixe& &uring the boar& (eeting
<69 0"y does t"e central go(ernment #orro' money2
(a) 1o *un& the 6-s salar"
(#) To close t"e #udgetary deficit
(c) 1o organiGe the #sian ga(es
(&) )one o* the above
<59 Financial Mar,ets facilitate2
(a) 1he raising o* caital (in the caital (arkets)
(b) 1he trans*er o* Risk (in the &erivatives (arket)
(c) International tra&e (in the currenc" (arkets)
<79 0"at is mandatory #efore a security is traded on t"e e)c"ange2
(b) Securities have to be rate& b" the rating agenc"
(c) #ointing an R & 1 agent
(a) Securities "a(e to #e listed

<<9 0"o are all ,no'n as sta,e"olders of a company2
(b) Cre&itors
(c) Suliers
(a) Sharehol&ers
(&) E(lo"ees
<>9 T"e money t"at is lent for one day is ,no'n as
(a) Reo
(b) )otice
(c) Call
(&) 1er(
<59 0"at is Face Galue2
(&) Issue rice (inus initial costs er securit"
(c) 6arket -rice
(#) Amount 'it" '"ic", a security is issued
(a) #(ount ,ith ,hich/ a securit" gets re&ee(e&
<%9 Fle)cu#e, t"e product offering of iAfle) does not pro(ide solution to '"ic" of t"e
follo'ing areas$
(b) #sset 6anage(ent !erations
(c) Internet 1ra&ing
(a) Retail $anking business
(e) Cororate $anking business
(d) Credit !is, Analysis
.8. +hich a(ongst the otions belo, is an attribute o* S!#
(b) I$6 #S0>>/ C!$!</ CICS/ AS#6 7ile base& S"ste(s
(c) Component #ased de(elopment allo'ing compati#ility of Multi latform Systems9
(a) Evolve& &ue to increasing o,er o* the &esktos
(&) <ocation In&een&ent -rocessing
.:. +hich a(ong the otions belo, is not a art o* 5II
(b) #let
(c) -/7
(a) H16<;JS-;#S-
(a) -$
.=. +hat is the (ini(u( Buantit" to tra&e in rolling settle(ent?
(a) 1>>
(#) 5
(c) 2>
(&) %2
(e) 1>
0>. +hat &oes <everage ratio re*er to?
(a) ro(ide an indication of t"e longAterm sol(ency of t"e firm
(e) Ho, the eBuit" stock o* the co(an" is assesse& in the caital (arket
<>9 0"at does order #oo, s"o'2
(a) 1ra&es that are (atche& till "ester&a"
(b) 1ra&es that are (atche& till that ti(e
(c) Trades t"at are pending for matc"ing
(&) <ist o* the settle& tra&es
(e) <ist o* all the or&ers entere& &uring that &a"
59 0"ic" of t"e follo'ing is ?=T true for !eturn on In(estment2
(a) R!I is usuall" exresse& as a ercentage
(b) R!I is usuall" exresse& er annu(
(c) !=I does not ta,e into account capital loss
(&) R!I takes into account caital loss
(e) $ & C
SET &
=================================================================
79 Clearing /an,s de#it and credit t"e Clearing Mem#er.s account on instructions from
(a) Clearing House
(b) Stock Exchange
(c) Clearing Mem#er
(&) Custo&ian
<9 For a person nearing retirement, t"e follo'ing mi) of in(estment options is prefera#le
(a) 5overn(ent bon&s/ <iBui& *un&s/ he&ge *un&s an& -ostal savings
(#) +i*uid funds, Co(ernment #onds, #lueAc"ip s"ares, medical insurance and ostal
sa(ings9
(c) 5overn(ent bon&s/ *ixe& &eosits/ &erivatives an& -ostal savings
(&) 6utual *un&s/ cororate bon&s shares an& -ostal savings
>9 0"at is 4=ut of t"e money. for a put option2
(a) T"e underlying security is trading a#o(e t"e put optionMs stri,e price
(b) 1he un&erl"ing securit" is tra&ing belo, the ut otionKs strike rice
(c) 1he un&erl"ing securit" is tra&ing at the ut otionKs strike rice
(&) # or C
59 /=I S"are"olding +td9 is t"e clearing "ouse for
(a) )SE
(b) $ank o* In&ia
(c) R$I
(d) /SE
%9 0"ic" of t"e follo'ing are regulated #y SE/I2
(a) 6e(bers o* the Stock Exchanges
(b) #sset 6anage(ent Co(anies
(c) Deositories
89 0"o regulates t"e #an,ing system in India2
(a) Securities an& Exchange $oar& o* In&ia
(b) State $ank o* In&ia
(c) !eser(e /an, of India
(&) Central $ank o* In&ia
&9 Follo'ing are t"e features of reference Capital
(a) Divi&en& is a"able onl" out o* &istributable ro*its
(b) )ot a tax &e&uctible exense
(c) )o voting rights
(d) All t"e A#o(e
:9 Mo(ement of Funds for settlement is ena#led #y
(a) Stock Exchanges
(b) Clearing Houses
(c) Clearing /an,s
569 If a EI!@IS- pair is *uoted as 595:5%%, '"at does it mean2
(a) Lou can bu" >.:.=144 ISD *or one EIR
(b) Lou can bu" >.:.=144 EIR *or one ISD
(c) 3ou can #uy 595:5%% IS- for one EI!
(&) Lou can bu" 1.1=144 EIR *or one ISD
559 T"e follo'ing are ?=T speculati(e in(estments
(a) Derivatives tra&ing
(b) Co((o&ities tra&ing
(c) He&ge *un&s
(d) Mutual funds
579 Margins paya#le #y mem#ers of t"e e)c"ange are monitored, collected and maintained #y
(a) Stock Exchanges
(#) Clearing Jouses
(c) Clearing $anks
(&) Deositories
5<9 0"ic" of t"e follo'ing is a part of roEect +ifecycle for Testing roEects2
(a) Design
(#) !un C"arts
(c) <evel 1;% Suort
(&) I(act #nal"sis
5>9 T"e rig"t #ut not t"e o#ligation to #uy (sell) some underlying cas" instrument at a preA
determined rate on a preAdetermined e)piration date in a preAset notional amountN relates to
(a) 7utures
(b) 7or,ar&s
(c) =ptions
(&) Divi&en&s
(e) S,as
559 0"o "andles s"ortfall of Funds of t"e Clearing mem#er2
(a) Clearing $ank
(#) Clearing Jouse
(c) Deositor"
(&) Stock Exchange
5%9 Insure< an insurance solution product is pro(ided #y
(a) 6antas
(b) Caco
(c) Caste,
(&) $)M
589 iAfle) consulting pro(ides compre"ensi(e #usiness and tec"nology consulting ser(ices
to
(a) $anking In&ustr"
(b) Insurance In&ustr"
(c) 7inancial Institutions
5&9 (t9 +imited Company can #e formed 'it" Ma)imum of HHHHHHH people
(a) 7ive
(#) Fifty
(c) Seven
(&) 1en
(e) Inli(ite&
1=. I* a co(an"3s 5ross ro*it is 4./>>>/ Salar" exenses are 0/>>>/ Rent is 4/>>>/ Interest a"(ents
are 2/>>>/ other inco(e is 2/>>>/ an& 1axes are %>9 on the net ro*its/ then ,hat is E$I1?
(a) 2./>>>
(b) 2:/>>> HintN E$I1;-$I1= (!erating ro*itC )on'oerating surlus)'()on'
(c) 4./>>> oerating &eict)
(&) 2%/%>>
(e) 04/0>>
769 Calculate t"e opening cas" #alance if t"e closing cas" is$ :<,666 !ent paid$ 76,666 out of
'"ic" ad(ance rent paid is$ <,666, ot"er e)penses$ 7,666, salaries paid$ 56,666 and to #e paid
is$ 5,6669 =t"er re(enues$ 86,666
(a) =8/>>>
(b) :2/>>>
(c) 1%./>>>
(&) 1.1/>>>
(e) 55,666
759 Country ris, does ?=T relate to
(i) Shares o* co(anies registere& in that countr"
(ii) $on&s o* co(anies registere& in that countr"
(iii) !ther invest(ents in that countr"
(i() Currency of t"at country

(c) !nl" (iii)
(d) =nly (i()
(e) $oth (i) an& (ii)
779 0"o eliminates t"e counterparty ris, in t"e trading2
(a) 1ra&ing (e(ber
(b) Clearing (e(ber
(c) Clearing"ouse
(&) Regulator
7<9 0"ic" of t"e follo'ing is not a Center of E)cellence 'it"in rimeSourcing2
(a) $usiness Intelligence
(b) -a"(ent Solutions
(c) =rder Management Solutions
(&) 1esting Services
(e) CR6
7>9 0"y is it necessary to sa(e for t"e future2
(a) -resent inco(e (a" not continue *orever
(b) Exenses ,ill increase over ti(e
(c) 1o take care o* e(ergencies
(e) # & $
759 E)c"ange Clearing Jouses offer Settlement guarantee '"ic" does not co(er
(a) Receit o* *un&s &ue to its (e(bers
(b) Receit o* securities &ue to its (e(bers
(c) !eceipt of funds due to nonAmem#ers
(&) a & b
7%9 0orld'ide currency prices are affected #y
(a) Change in Interest rates
(b) In*lation
(c) -olitical stabilit"
(&) Central banks intervention to *loo& the (arket ,ith their currenc"
789 Merc"ant /an,ers offer '"ic" of t"e follo'ing ser(ices$
(a) Cororate an& #&visor" Services
(b) In&er,riting services
(c) -rivate -lace(ent o* Securities
7&9 0"ic" of t"ese 'ill amount to a larger (alue2
(i) Rs. 1/ >>/>>> earning 8.%29 er annu( si(le interest *or . "ears
(ii) Rs. 1/ >>/>>> earning 89 er annu( co(oun&e& annuall" *or . "ears
(iii) Rs. 1/ >>/>>> earning 4.829 er annu( continuousl" co(oun&e& *or . "ears

(a) (i) above
(#) (ii) a#o(e
(c) (iii) above
(&) #ll are nearl" eBual
(e) Either (i) or (ii)
7:9 0"ic" is t"e most conser(ati(e li*uid ratio2
(a) Current ratio
(#) Cas" ratio
(c) Fuick ratio
(&) Debt'EBuit" ratio
<69 0"o is t"e maEor regulator of e*uity mar,ets in India2
(a) Reserve $ank o* In&ia
(#) Securities and E)c"ange /oard of India (SE/I)
(c) )ational Stock Exchange
(&) Deositories
(e) Custo&ians
<59 Insure< an insurance solution product speciali1es in
(a) <i*e Insurance
(#) roperty and Casualty Insurance
(c) 6otor Insurance
(&) Health Insurance
(e) # & $
<79 Today, ?SE "as an edge o(er t"e /SE in terms of '"ic" of t"e follo'ing
(a) $eing the ol&est one
(#) /eing t"e first one to launc" online trading
(c) $eing larger in ter(s o* volu(e in each o* its seg(ent
(&) # & $
<<9 0"at does rofita#ility ratio refer to2
(d) !eflect t"e final result of #usiness operations

<>9 0"at is t"e maEor difference #et'een current ratio and *uic, ratio2
(a) Fuick ratio consi&ers inventor"
(b) Current ratio consi&ers inventor"
(c) Ouic, ratio does not consider in(entory
(&) Current ratio &oes not consi&er inventor"
<59 !TCS and Continuous +in,ed Settlement solutions are pro(ided under a
(a) Cas" Management Solutions
(b) 1reasur" 6anage(ent Solutions
(c) +ealth 6anage(ent Solutions
(&) 1ra&e 7inance Solutions
<%9 Clearing Jouse
(a) -rovi&es tra&ing lat*or( *or its (e(bers.
(b) Regulates the Stock Exchanges the" ,ork ,ith.
(c) Hol&s securities on behal* o* its (e(bers
(d) Matc"es and reconciles trades
<89 0"ic" of t"e follo'ing 'ould #e co(ered under Cuidelines for Maintenance roEects2
(a) Design Stan&ar&s
(#) -ata Migration
(c) Co&ing Stan&ar&s
(&) Fualit" Control
<&9 An agreement #et'een t'o entities to e)c"ange a stream of payments 'it"out transferring
underlying de#tN refers to
(a) 7utures
(b) 7or,ar&s
(c) !tions
(&) Divi&en&s
(e) S'aps
<:9 0"ic" of t"e follo'ing differentiate Futures from For'ards2
(a) 7utures are stan&ar&iGe& contracts
(#) Futures are e)c"ange traded instruments
(c) 7utures are custo(iGe& contracts
(&) # & $
>69 0"at does +i*uidity ratio refer to2
(c) T"e a#ility of a firm to meet its o#ligations in t"e s"ort run
1. Which of the following is not an objective of PDs:
Ensure development of secondary market in Government bonds
To ensure development of Financial markets
To ensure development of underwriting market in govt. bonds
None of the above
4. The Balance sheet can be valued by using which valuation method
Historical Cost
Current Market Value
Net realizable Value Method
All of the above
7. Capital reserves represents

Balanxce in the proft and Loss account which has not been appropriated to any
particular reserve account.
Reserves that arise out of non operational gains such as premium on issue of
shares.
Any of the above
None of the above.
9. Reserves in accounting terms refers to
Borrowings of the company against which no security has been provide
Money kept aside to meet future contingencies.
Profts which have been retained in the frm.
None of the above
10. IRR is
NPV of all the cash fows
PV of positive cash fows
The discount rate that makes the NPV zero
None of the above
11. Entity concept of accounting requires that
The business be treated separate from its owners
The business frm is regarded as a separate entity as distinct from the persons who
are connected to it.
Both (1) and (2)
None of the above.
12. Current ratio is
Also known as the working capital ratio
helps to measure the ability of the frm to meet its current liabilities
Both (1) and (2)
None of the above
13. Which of the following is(are)True about EPS
refers to earning per share
traditional method of determining corporate value
serves as an indicator of companys proftability
All of above
14. Cost of goods sold refers to
Revenue generated from the sale of all the companys products or services
Non operating defcit
sum of costs incurred for manufacturing the goods sold during the
accounting perio
None of the above
15. Goodwill refers to
It is an asset but not physical in nature
It is excess of purchase price over the fair market value
Paying of of debt in regular installments over a period of time
List of the settled trades
16. With reference to money market which of the statements are Not True.
Refers to the market for long term requirement
Maturity period is less than one year.
Both 1 and 2
None of the above.
17. Which ratio refers to Market value per share/EPS
Net proft margin ratio
Gross proft margin ratio
Price to earnings ratio
None of the above
18. Analysis of Balance sheet is important as it
Identifes potential liquidity problems
May signify the companys inability to meet fnancial obligations
helps an investor to spot the degree to which a company is leveraged or indebte
All of the above
19. All liabilities are necessarily
Debits
Credits
Any of the above
None of the above
20. Credit or default risk is highest for
Government Bonds
Government Bonds
State or Municipal Corporation Bonds
Junk bonds
21. Which of the following is not a non operational risk
Credit Risk
Currency Risk
Market Risk
None of the above.
22. PBIT refers to
Sum of operating proft and non-operating surplus- non-operating defcit.
A measure of proft which is not infuenced by interest and tax factors.
All of the above
None of the above
23. The IRR of the following cashfow stream is 100000, 50000, 50000, 40000.
Assume yearly cashfows.
19.69%
10.23%
17.66%
None of the above
24. The diference of Assets and Liabilities is
Reserves
Secured Loans
Owners Equity
None of the above.
25. The section of SOX that requires attestation by the CEO and CFO is:
302
404
210
All of the above
26. The owner of the company introduces Rs 6,000 as cash and Rs 4,000 in the form of
machinery.The liability of the company would be
Rs 6,000
Rs 4,000
Rs 10,000
None of the above.
27. The BPD ofers,
A)FLEXCUBE'UBS,
B)FLEXCUBE'CBS,
C)FLEXCUBE'PBS
All of the above
1 & 2
1 & 3
2 & 3
28. PrimeSourcing ofers solutions for, A).Trade Finance, B).Retail Management,
C).Investment Banking
All of the above
1 & 2
1 & 3
2 & 3
29. In India the main regulator for the money market is
SEBI
SBI
RBI
NSE
30. The FV of a cash fow stream of Rs. 1000 received at the end of each year over 5
years at 6% will be
5637.09
42142.67
5667.12
5677.30

32. Quick Ratio is
Also known as Acid-test ratio
an alternative measure of liquidity that does not include inventory
Both (1) and (2)
None of the above
35. Revenue reserves represent
Unsecured Loans
Secured Loans
accumulated retained earnings from the profts of normal business.
None of the above.

38. Which of the following is(are)True about salvage value
Estimated value that an asset will realize upon its sale at the end of the useful
life
The value is used in accounting to determine depreciation amounts and in the tax
system to determine deductions.
The value can be a best guess of the end value or can be determined by a
regulatory body.
All of the above
39. With reference to the balance sheet of a sole proprietorship concern Proft is treated
as a
Asset
Liability
Income
Expenditure
40. If you place an order to buy 1000 shares and specify each trade should be 200
shares you have entered a:
Disclosed Quantity Order
Fill or Kill Order
Minimum fll order
Maximum fll order
------------------------------------------------------------------------------------------------------------
---------
1. ORTOS is a solution for:
a : Basel II Compliance
b : Operational Risk Management
c : Credit Card Solution
d : Ofshore development framework of I-Flex Solutions Ltd
2. Which of the following is (are) NOT true for Mutual funds?
a : Direct investment in the equity,debt and derivatives market
b : Bears higher risk
c : Both 1 & 2
d : None of the above
3. In India Derivative markets comes under the regulation of
a : RBI
b : SEBI
c : SBI
d : ICICI
d : All of the above.
5. Worldwide currency prices are afected by
a : changes in interest
b : Infation
c : Political Stability
d : All of the above
6. Mr.Ram purchases a house worth Rs.12 lacs, after seven years he is planning to sell;
he gets a value of Rs.10 lacs. What is the risk involved?
a : Credit risk
b : Market risk
c : Liquidity risk
9. Suppose ABC Ltd co. has following cost and values: market value of Debt - Rs. 500
crs., market value of equity - Rs 350 crs.,cost of debt:12%,cost of
equity:17%,Tax:35%.Compute WACC
a : 11.59%
b : 12%
c : 5%
10. Which of the following is the example of risk-free interest rate?
a : SBI Mutual Fund @11% return
b : 9% Long-term Debenture.
c : 7% short term government securities. c
11. Which one among the undermentioned credit rating agencies is promoted by ICICI
a : CARE
b : ICRA
c : CRISIL
d : Standard and Poor and Moody
12. With reference to the debt market which of the following are True
a : referes to people and entities involved in buying and selling of debt and the
quantity and prices Of those transactions over time.
b : There is no single location or exchange where debt market participants interact for
common business.
c : Both 1 & 2
13. Which of the statements are (True)
a : Debentures are instruments for raising long term debt capital.
b : Preference Capital has some features of equity and some attributes of debentures.
c : ADR is a negotiable certifcate issued by US bank.
14. which of the following is not a money market instrument?
a : Treasury bills
b : certifcate of deposits
c : debentures
d : call money
15. Bank borrow in the call money market to
a : give loans
b : meet the cash reserve ratio
c : meet sudden demand for funds arising due to large payments and remittances
d : 2 & 3
16. An order which gets activated only when the market price of that security reaches
the trigger price
a : stop loss order
b : market order a
c : limit order
None of the above 20. Which of the following is(are) True about equity capital
20. which of the following is true about equity capital?
a : Represents ownership capital
b : Does not involve fxed obligation for repayment of dividen
c : Only 1
d : Both 1 & 2
23. Which of the following factors infuence infation? (i) Interest rate (ii) rising supply
(iii) reducing demand
a : only (i)
b : only (ii) //a
c : (i) and (ii)
d : (ii) and (iii)
24. Which of the following are True with reference to the clearing and settlement cycle.
a : Clearing house determines the cumulative obligations of each member and
electronically transfers the data to clearing members
b : Settlement is deemed to be complete upon declaration and release of pay-out of
funds and securities.
c : Both 1 & 2
d : None of the above.
28. Which of the following is not an intangible asset?
a : Goodwill
b : Trade mark
c : Franchise
d : Accounts receivables
30. Which of the following are accounting concepts
a : Entity
b : Money Measurement
c : Both (1) and (2)
32. Cash and funds fow statement portrays the
a : Financial position of the company at any point of time
b : refects the fnancial performance of the company over a period of time
c : fow of funds through the business during a given accounting period
35. Which of the following are/is not a fxed asset?
a : Stock
b : Vehicle
c : Fixed deposit in bank
d : both (i) and (ii)
37. From the accounting point of view,loss means
a : Increase in liability
b : Decrease in asset
c : Increase in owner's equity
d : Decrease in owner's equity
38. The minimum number of persons required to form a private limited company and a
public limited company respectively are?
a : 2 and 5
b : 5 and 7
c : 2 and 7
d : 7 and 2
39. Cost concept of accounting suggests that
a : Every transaction has 2 aspects
b : All Assets of the company are valued at their cost value .
c : All of the above
40. Cost of goods sold refers to
a : Revenue generated from the sale of all the company?s products or services
b : Non operating defcit
c : sum of costs incurred for manufacturing the goods sold during the
accounting perio
1. Accounting does not record non-fnancial transactions because of
a : Entity concept
b : Money measurement concept
c : accrual concept
d : cost cancept
4. Custodian is
a : Responsible for safekeeping of investments of the fund and monitors all
benefts due to the fun
b : Performs record keeping functions and investor servicing.
c : Marketing funds to the investors.
d : Regulatory body.
9. Depreciation is calculated on the
a : cost price of asset
b : market price
c : cost + transport + installation expenses
d : cost or market value whichever is less

14. Capital expenditure is an expenditure which
a : benefts the current accounting period
b : will beneft the next accounting period
c : results in the acquisition of a permanent asset
d : results in acquisition of current asset
18. Which of the following is (are) true?
a : Equity shareholders can claim their unpaid dividend legally
b : Preference shareholders do not have voting rights.
c : Preference dividend is a tax deductible expense to the company.
19. Which of the following holds True for an OTC market.
a : Very popular way of trading
b : Trading occurs via a network of middlemen called dealers
c : If an investor wants to buy or sell a bond , he or she must call the bank that makes
the market In that bond and asks for quotes.
d : All of the above.
21. Capital reserves represents
a : Balanxce in the proft and Loss account which has not been appropriated to
any particular reserve account. b
b : Reserves that arise out of non operational gains such as premium on
issue of shares.
c : Any of the above
24. Which of the following holds True for forward contract
a : It is a type of derivatives
b : It is an over the counter obligation to buy or sell a fnancial instrument
c : Both (1) and (2)
.
34. Which of the following is a current liability?
a : outstanding salaries
b : Trademark
c : Discount on issue of shares
d : prepaid expenses
35. PrimeSourcing ofers solutions for, A).Trade Finance, B).Retail Management,
C).Investment Banking
a : All of the above
b : 1 & 2
c : 1 & 3
d : 2 & 3
36. Which of the following is not a source of long-term fnance?
a : Equity shares
b : Debentures
c : Reserves and Surplus
d : Commercial Papers

40. Which of the following are investments Avenues? (i) Hedge Funds (ii) Property
(iii).Ploughing cash back into business
a : (i) and (ii)
b : (ii) and (iii)
c : (i) and (iii)

Q and A

Transféré par

Informations du document

Titre original

Copyright

Formats disponibles

Partager ce document

Partager ou intégrer le document

Options de partage

Avez-vous trouvé ce document utile ?

Ce contenu est-il inapproprié ?

Droits d'auteur :

Formats disponibles

Q and A

Transféré par

Droits d'auteur :

Formats disponibles

=================================================================

Vous aimerez peut-être aussi