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PSC Chief General Manager Model Questions and Answers – Part 2

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76
The major player in Indian Money Market is ...........
Answer
C. Commercial Banks
77
Which among the following is not a category of NPA?
Answer
D. Devaluated Assets
78
Who is the chairman of 13th Finance Commission?
Answer
C. Dr.Vijay L Kelkar
79
The minimum capital prescribed by the RBI for starting a new commercial bank is :
Answer
Question Cancelled
80
Under DIR scheme, assistance is provided in the ratio of :
Answer
D. 4%
81
Capital adequacy norm is expressed as a percentage of ............
Answer
B. Risk adjusted assets
82
Broad money has to be sensitized through ..............
Answer
D. All of the above
83
“VSAT” Technology was first followed for online trading by …………..
Answer
B. NSE
84
NABARD has taken over the entire functions of .................
Answer
Question Cancelled
85
Any complaint should be lodged with the Ombudsman when ..........
Answer
D. (B) & (C) together.
86
Decrease in the value of intangible asset is called ………….
Answer
C. amortization
87
Which of the following is not an intangible asset
Answer
D. preliminary expenses
88
Trial balance will detect
Answer
A. error of commission
89
Transactions and other events are accounted and presented in accordance with
Answer
Question Cancelled
90
Which of the following equation is correct?
Answer
B. share premium = issue price – par value
91
The financing need is equal to
Answer
D. fixed asset + current assets – current liabilities
92
Which of the following statement is not true?
Answer
C. interest on capital is a reward for the different amounts of work partners may perform
93
All of the following influence capital budgeting cash flow exept
Answer
D. method of project financing used
94
When capital must be rationed, the firm should rank project according to their:
Answer
Question Cancelled
95
Which of the following does not make the firm more vulnerable to financial distress?
Answer
D. the tax shield
96
Which of the following is the main objective of cash management?
Answer
C. Optimization of cash balance
97
Which of the following is true for Net Income Approach?
Answer
B. Higher Debt is better
98
Financial Leverage is calculated as:
Answer
B. EBIT ÷ PBT
99
Which of the following items is not an appropriation of profit for a limited company?
Answer
A. Debenture interest payable
100
Which of the following would not appear in the trial balance as debit balance
Answer
A. returns outwards

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