Page 9 - Digi Notes : General Awareness - 22.02.2016
P. 9
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BG QUIZ
1. What does SCSB stand for –
A. Self – certified Syndicate bank
B. Syndicate credit and sale bank
C. Self-syndication and sale bank
D. Solvency credit supply bank
E. None of these
Answer – A
2. Which of the following is true about Foreign exchange Management Act 2000
A. It replaced Foreign Exchange Regulation Act in July 2000
B. The Act is a civil law like FERA and provide for arrest only in exceptional cases.
C. There are 49 sections out of which 12 section relate to operational part and rest with
penal provisions
D. Capital and current account were defined in this act
E. Indian citizen and NRI’s are covered under this Act.
i. A and B are correct
ii. B and C is correct
iii. A, B,C and E are correct
iv. B and C are correct
v. C and D are correct
Answer – v
3. Which of the following is the correct formulae for NAV –
A. NAV = Fund’s assets – liabilities/no. of shares outstanding
B. NAV = Fund’s liabilities – assets/no. of shares outstanding
C. NAV = no. of shares outstanding/Fund’s assets – liabilities
D. NAV = no. of shares outstanding/Fund’s liabilities – assets
E. None of these
Answer – A
4. What is the current CPI for the month of January?
A. 5.51%
B. 5.63%
C. 5.69%
D. 5.13%
E. 6%
Answer – C
BG QUIZ
1. What does SCSB stand for –
A. Self – certified Syndicate bank
B. Syndicate credit and sale bank
C. Self-syndication and sale bank
D. Solvency credit supply bank
E. None of these
Answer – A
2. Which of the following is true about Foreign exchange Management Act 2000
A. It replaced Foreign Exchange Regulation Act in July 2000
B. The Act is a civil law like FERA and provide for arrest only in exceptional cases.
C. There are 49 sections out of which 12 section relate to operational part and rest with
penal provisions
D. Capital and current account were defined in this act
E. Indian citizen and NRI’s are covered under this Act.
i. A and B are correct
ii. B and C is correct
iii. A, B,C and E are correct
iv. B and C are correct
v. C and D are correct
Answer – v
3. Which of the following is the correct formulae for NAV –
A. NAV = Fund’s assets – liabilities/no. of shares outstanding
B. NAV = Fund’s liabilities – assets/no. of shares outstanding
C. NAV = no. of shares outstanding/Fund’s assets – liabilities
D. NAV = no. of shares outstanding/Fund’s liabilities – assets
E. None of these
Answer – A
4. What is the current CPI for the month of January?
A. 5.51%
B. 5.63%
C. 5.69%
D. 5.13%
E. 6%
Answer – C
