PSC Chief General Manager Society Category Solved Paper – 2015 – Part 4

PSC Chief General Manager Society Category Solved Paper – 2015 – Part 4

Question 76:- The major player in Indian Money Market is …. A:-Cooperative Banks B:-Indigenous Banks C:-Commercial Banks D:-Reserve Bank of India Correct Answer:- Option-C Question 77:- Which among the following is not a category of NPA? A:-Substandard Assets B:-Doubtful Assets C:-Loss Assets D:-Devaluated Assets Correct Answer:- Option-D Question 78:- Who is the chairman of 13th Finance Commission? A:-Dr.C.Rangarajan B:-Mr.Bimal Jalan C:-Dr.Vijay L Kelkar D:-None of the above Correct Answer:- Option-C Question 79:- The minimum capital prescribed by the RBI for starting a new commercial bank is : A:-Rs 1,000 Crore B:-Rs 100 Crore C:-Rs 10 Crore D:- None of the above Correct Answer:-Question Cancelled Question 80:- Under DIR scheme, assistance is provided in the ratio of : A:-7% B:-3% C:- 8% D:-4% Correct Answer:- Option-D Question 81:- Capital adequacy norm is expressed as a percentage of … A:-Standard assets B:-Risk adjusted assets C:-Sub standard assets D:-Investments. Correct Answer:- Option-B Question 82:- Broad money has to be sensitized through …. A:- CRR B:-SLR C:-REPO Rate D:-All of the above Correct Answer:- Option-D Question 83:- “VSAT” Technology was first followed for online trading by .. A:-BSE B:-NSE C:-OTCEI D:-ISE Correct Answer:- Option-B Question 84:- NABARD has taken over the entire functions of…… A:-ARDC B:-ACD of RBI C:-RPCD of RBI D:-All of the above Correct Answer:-Question Cancelled Question 85:- Any complaint should be lodged with the Ombudsman when ……. A:-There is any deficiency in banking services. B:-No reply is received from the bank within two months of the receipt of complaint. C:-The complaint is rejected and a period of one year has not been lapsed from the date of rejection. D:-(B) & (C ) together. Correct Answer:- Option-D Question 86:-Decrease in the value of intangible asset is called—- A:-depreciation B:-depletion C:-amortization D:-fluctuation Correct Answer:- Option-C Question 87:-Which of the following is not an intangible asset A:-goodwill B:-patent C:-copy rights D:-preliminary expenses Correct Answer:- Option-D Question 88:-Trial balance will detect A:-error of commission B:-error of principle C:-error of omission D:-compensating error Correct Answer:- Option-A Question 89:-Transactions and other events are accounted and presented in accordance with A:-legal form B:-materiality C:-substance and economic reality D:-tax impact Correct Answer:-Question Cancelled Question 90:-Which of the following equation is correct? A:- share premium = issue price + par value B:-share premium = issue price – par value C:-share premium = issue price / par value D:-share premium =issue price x par value Correct Answer:- Option-B Question 91:-The financing need is equal to A:-fixed assets – current assets + current liabilities B:-fixed assets – current assets – current liabilities C:-fixed asset + current assets + current liabilities D:-fixed asset + current assets – current liabilities Correct Answer:- Option-D Question 92:-Which of the following statement is not true? A:-The partnership agreement can not override the 1890 Partnership Act B:-capital contributions do not have to be equal from each partner C:-interest on capital is a reward for the different amounts of work partners may perform D:-Not all partners can have limited liability in a limited partnership Correct Answer:- Option-C Question 93:-All of the following influence capital budgeting cash flow exept A:-accelerated depreciation B:- salvage value C:-tax rate changes D:- method of project financing used Correct Answer:- Option-D Question 94:-When capital must be rationed, the firm should rank project according to their: A:-profitability index B:-net present value C:-internal rate of return D:-none of these Correct Answer:-Question Cancelled Question 95:-Which of the following does not make the firm more vulnerable to financial distress? A:-High sensitivity of the company’s revenues to the general level of economic activity B:-High proportion of fixed to variable costs C:-physical capital assets which are relatively illiquid and difficult-to-market D:-the tax shield Correct Answer:- Option-D Question 96:-Which of the following is the main objective of cash management? A:-Maximization of cash balance B:-Minimization of cash balance C:-Optimization of cash balance D:-Zero cash balance Correct Answer:- Option-C Question 97:-Which of the following is true for Net Income Approach? A:-Higher Equity is better B:- Higher Debt is better C:-Debt Ratio is irrelevant D:-None of the above Correct Answer:- Option-B Question 98:-Financial Leverage is calculated as: A:-EBIT ÷ Contribution B:- EBIT ÷ PBT C:-EBIT ÷ Sales D:-EBIT ÷ Variable Cost Correct Answer:- Option-B Question 99:- Which of the following items is not an appropriation of profit for a limited company? A:-Debenture interest payable B:-transfer to reserve C:-preference dividend payable D:- Ordinary dividend payable Correct Answer:- Option-A Question 100:-which of the following would not appear in the trial balance as debit balance A:-returns outwards B:-carriage outwards C:-returns inwards D:-carriage outwards Correct Answer:- Option-A PSC Chief General Manager Society Category Solved Paper – 2015 – Part 1 PSC Chief General Manager Society Category Solved Paper – 2015 – Part 2 PSC Chief General Manager Society Category Solved Paper – 2015 – Part 3 PSC Chief General Manager Society Category Solved Paper – 2015 – Part 4