1. What is Rupee depreciation?
(a) Rupee depreciation means that rupee has become less valuable with
respect to dolllar
(b) Rupee depreciation means dollar has become less valuable than
rupee
(c) Rupee depreciation means a situation when value of rupee is same
as euro
(d) Rupee depreciation happens when the combined value of dollar and
euro is more than rupee
2. The following is not a function of the DGFT
(a) DGFT entrusted with the responsibility of implementing various
policies regarding trade for example, Foreign Trade Policy.
(b) DGFT is the licensing authority for exporters, importers, and
export and import business.
(c) DGFT can prohibit, restrict and regulate exports and imports
(d) DGFT acts as market regulator controlling foreign company stocks
3. Directorate General of Foreign Trade (DGFT) notified
that the Commerce Ministry on 11 January 2012 lowered the minimum export
price of onions by $100 a tonne to $150 a tonne.What was the purpose
(a) To enhance import
(b) To boost export
(c) To lower prices in the domestic market
(d) To facilitate crop clearance
4. Indirect tax does not include _
(a) Customs
(b) Central Excise
(c) Sales Tax
(d) Service Tax
5. CRISIL is a _
(a) Credit rating agency
(b) Employment exchange watchdog
(c) Infrastructure sector guide
(d) Market regulator
6. A committee on mutual funds, constituted by SEBI in december 2011
recommended to the regulator’s board to break down the bifurcation within the
fee structure known as expense ratio. Which of the following facts are not true
with regard to the above statement?
A. Currently mutual funds are allowed to charge up to 2.25% as
expense ratio. fund houses are allowed to accept only 1.25% as asset management
charges
B. Funds with large corpuses currently charge 1.55% as expenses
charges
C. SEBI was suggested to keep overall scheme expenses unchanged at
2.25% for schemes with assets under management not exceeding Rs 400 crore
D. Expense ratio is more than important in debt schemes where the rate
of return is not hig.
(a) 1 & 2
(b) 3 & 4
(c) 1 & 3
(d) Only 2
(e) None of the above
7. By Public Sector we mean
(a) Government ownership on commerce and trade
(b) Capitalist ownership on commerce and trade
(c) Private ownership on trade
(d) None of these
8. IN which list does Economic Planning belong to
(a) Union list
(b) State list
(c) Concurrent list
(d) Not any specified list
9. _ forms a part of the Interest Rate Policy
(a) Fiscal Policy
(b) Industrial Policy
(c) Monetary Policy
(d) None of these
10. The share of road transport in total transport of the country is–
(a) 20%
(b) 40%
(c) 60%
(d) 80%
11. Which percentage of Central Taxes have been recommended by the 12th Finance
Commission to be transferred to States ?
(a) 28.5%
(b) 29.5%
(c) 30.5%
(d) 31.5%
12. 'Customisation' means __
(a) Tailor-made products for each customer
(b) Customers selling goods
(c) Tailor-made products for each staff
(d) A selling process
(e) None of these
13. A Marketing Survey is required for __
(a) deciding marketing strategies
(b) deciding Product strategies
(c) deciding pricing strategies
(d) All of these
(e) None of these
14. Cross-selling means __
(a) Selling with a cross face
(b) Cross country marketing
(c) Selling other products to existing customers
(d) Selling to friends
15. Credit cards are used for -
(a) Cash withdrawals
(b) Purchase of air tickets
(c) Purchase of consumable items from retail outlets
(d) All of these
(e) None of these
ANSWERS:
1.
|
a
|
9.
|
c
|
2.
|
d
|
10.
|
d
|
3.
|
b
|
11.
|
c
|
4.
|
c
|
12.
|
a
|
5.
|
a
|
13.
|
d
|
6.
|
d
|
14.
|
c
|
7.
|
a
|
15.
|
d
|
8.
|
c
|
|
|
