NTA-NET (Based on NTA-UGC) Commerce (Paper-II): Questions 240 - 241 of 1264

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Question number: 240

» International Business » Balance of Payments

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Appeared in Year: 2018

MCQ▾

Question

Indicate the correct code of the following statements being correct or incorrect. The statements relate to the type of transactions recorded in the current/capital accounts of the Balance of Payments.

Statement (I): The capital account consists of long-term capital transactions only.

Statement (II): The current account includes all transactions which give rise to or use up national income. (September Paper II)

Choices

Choice (4) Response

a.

Statements (I) and Statements (II) are incorrect.

b.

Statement (I) is incorrect while Statement (II) is correct.

c.

Statements (I) and Statements (II) are correct.

d.

Statement (I) is correct while Statement (II) is incorrect.

Question number: 241

» Financial and Management Accounting » Basic Accounting Concept

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Appeared in Year: 2018

Match List-Ⅰ List-Ⅱ▾

Question

Match the items of List - II with the items of List - I and indicate the correct code: (September Paper II)

List-Ⅰ (Column I) List-Ⅱ (Column II)

(A)

Term finance

(i)

Providing replenishment finance to eligible institutions for their loans to industrial concerns.

(B)

Financial inclusion

(ii)

Providing finance to new or existing industrial units for encouraging commercial application of technology/expansion.

(C)

Refinance

(iii)

Delivering of banking services at affordable cost to the vast sections of disadvantaged and low income groups.

(D)

Venture capital

(iv)

Providing finance to the borrowers for expansion and modernization of plant and equipment.

Choices

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

a.

  • (iii)
  • (ii)
  • (iv)
  • (i)

b.

  • (iv)
  • (iii)
  • (i)
  • (ii)

c.

  • (iii)
  • (i)
  • (iv)
  • (ii)

d.

  • (ii)
  • (iv)
  • (i)
  • (iii)

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