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
Appeared in Year: 2018
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 | |
|---|---|---|
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| a. |
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| b. |
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| c. |
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| d. |
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Question number: 966
» Income-Tax Law and Tax Planning » Tax Considerations in Specific Business Decisions » Make or Buy
Appeared in Year: 2018
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 |
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Question number: 967
» Banking and Financial Institutions » Reserve Bank of India
Appeared in Year: 2018
Question
Banking Ombudsman Scheme was introduced by RBI with effect from (December)
Choices
| Choice (4) | Response | |
|---|---|---|
| a. | 2005 |
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| b. | 1998 |
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| c. | 1995 |
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| d. | 2001 |
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Question number: 968
» Business Economics » Nature and Uses of Business Economics
Appeared in Year: 2018
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. |
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| b. | Statement I is correct, but II is incorrect. |
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| c. | Statement I is incorrect, but II is correct. |
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| d. | Statements I and II are correct. |
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