Which of the following items would not appear in a company's balance sheet?
A. Value of stocks of raw materials held
B. Total issued capital
C. Revenue from sales of the company's products
D. Cash held at the bank
Select an option to see the answer and solution.
The currency convertibility concept in its original form originated in
A. Wells Agreement
B. Bretton Woods Agreement
C. Taylors Agreement
D. None of the above
Select an option to see the answer and solution.
In the state of India, the State Financial Corporation have given assistance mainly to develop
A. agricultural farms
B. cottage industry
C. large-scale industries
D. medium and small-scale industries
Select an option to see the answer and solution.
The central co-operative banks are in direct touch with
A. farmers
B. state co-operative banks
C. land development banks
D. central government
Select an option to see the answer and solution.
The first wholly Indian Bank was set up in
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States earn maximum revenue through
A. land revenue
B. custom revenue
C. commercial taxes
D. excise duties on intoxicants
Select an option to see the answer and solution.
Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfers are
A. tax sharing
B. grant-in-aids
C. loans
D. All the above
Select an option to see the answer and solution.
Debenture holders of a company are its
A. shareholders
B. creditors
C. debtors
D. directors
Select an option to see the answer and solution.
Excise duty is a tax levied on the
A. import of goods
B. export of goods
C. production of goods
D. sale of goods
Select an option to see the answer and solution.
In pursuance with the recommendations of Narsimham Committee, the RBI has framed new guidelines
A. to govern entry of new private sector banks to make the banking sector more competitive
B. to reduce the freedom given to banks to rationalize their existing branch network
C. to setup more foreign exchange banks
D. to lend more easily for industrial development
Select an option to see the answer and solution.
Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country?
A. Reliance Energy
B. Essar Oil
C. GAIL
D. ONGC
Select an option to see the answer and solution.
Non Tax revenues can be increased by improving the working of the
A. State Road Transport Corporations
B. electricity boards
C. commercial irrigation projects
D. All of the above
Select an option to see the answer and solution.
Which of the following is not viewed as a national debt?
A. Provident Fund
B. Life Insurance Policies
C. National Saving Certificate
D. Long-term Government Bonds
Select an option to see the answer and solution.
The condition of indirect taxes in the country's revenue is approximately
A. 70 percent
B. 75 percent
C. 80 percent
D. 86 percent
Select an option to see the answer and solution.
Deficit financing means that the government borrows money from the
A. RBI
B. local bodies
C. big businessmen
D. IMF
Select an option to see the answer and solution.
Revenue of the state governments are raised from the following sources, except
A. entertainment tax
B. expenditure tax
C. agricultural income tax
D. land revenue
Select an option to see the answer and solution.
Since the inception of the co-operative movement, rural credits has been
A. institutionalized
B. rationalized
C. cheapened
D. All of the above
Select an option to see the answer and solution.
If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be
A. zero
B. equal to government income
C. larger than government income
D. negative
Select an option to see the answer and solution.
The co-operative credit societies have a
A. two-tier structure
B. three-tier structure
C. four-tier structure
D. five-tier structure
Select an option to see the answer and solution.
Regional rural banks
I=have limited area of operation
II=have free access to liberal refinance facilities from NABARD
III=are required to lend only to weaker sections A. I, III
B. II, III
C. I, II, III
D. I, II
Select an option to see the answer and solution.