NTA-NET (Based on NTA-UGC) Commerce (Paper-II): Questions 965 - 968 of 1264

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Question number: 965

» Banking and Financial Institutions » NPA

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Appeared in Year: 2018

Match List-Ⅰ List-Ⅱ▾

Question

Match the items of List I with items of List II and choose the correct answer from the code given below. (December)

List-Ⅰ (Coloum-1) List-Ⅱ (Coloum-2)

(A)

CRR

(i)

The percentage of net demand and time liabilities to be kept in the form of liquid assets.

(B)

SLR

(ii)

Loans and advances not paid for more than 90 days.

(C)

NPA

(iii)

The percentage of deposits to be kept with RBI in the form of cash.

(D)

Repo Rate

(iv)

The rate at which RBI lends money to commercial banks.

Choices

Choice (4) Response
  • (A)
  • (B)
  • (C)
  • (D)

a.

  • (iv)
  • (i)
  • (ii)
  • (iii)

b.

  • (iii)
  • (iv)
  • (ii)
  • (i)

c.

  • (iii)
  • (i)
  • (ii)
  • (iv)

d.

  • (i)
  • (iv)
  • (iii)
  • (ii)

Question number: 966

» Income-Tax Law and Tax Planning » Tax Considerations in Specific Business Decisions » Make or Buy

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Appeared in Year: 2018

MCQ▾

Question

On fulfilling certain conditions, for an undertaking set up in special economic zones, deduction under section 10 AA of the Income Tax Act is allowed for (December)

Choices

Choice (4) Response

a.

15 years

b.

5 years

c.

10 years

d.

Unlimited period

Question number: 967

» Banking and Financial Institutions » Reserve Bank of India

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Appeared in Year: 2018

MCQ▾

Question

Banking Ombudsman Scheme was introduced by RBI with effect from (December)

Choices

Choice (4) Response

a.

2005

b.

1998

c.

1995

d.

2001

Question number: 968

» Business Economics » Nature and Uses of Business Economics

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Appeared in Year: 2018

MCQ▾

Question

Choose the correct code for the following statements being correct or incorrect. (December)

Statement I: Punctuality and team spirit among employees of an organization has great contribution in enhancing profits of the business but they do not appear as an asset in the balance sheet.

Statement II: Financial statements do not reflect the correct financial position of a business.

Choices

Choice (4) Response

a.

Statements I and II are incorrect.

b.

Statement I is correct, but II is incorrect.

c.

Statement I is incorrect, but II is correct.

d.

Statements I and II are correct.

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