Finance/CA - Study24x7
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Finance/CA

Gilt-edged market means

A

bullion market

B

market of government securities

C

market of guns

D

market of pure metals

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ICICI is the name of a

A

chemical industry

B

bureau

C

corporation

D

financial institution

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Development expenditure of the Central government does not include

A

defence expenditure

B

expenditure on economic services

C

expenditure on social and community services

D

grant to states

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Investment is equal to

A

Stock of plants, machines and equipment

B

Gross total of all types of physical capital assets

C

Gross total of all capital assets minus wear and tear

D

None of these

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Which one of the following taxes is collected and utilized by the State Government?

A

Custom duties

B

Land revenue

C

Corporation tax

D

Personal Income tax

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What are the main components of basic social infrastructure of an economy?

A

Industry, Trade and Transport

B

Transport, Health and Banks

C

Education, Industry and Agriculture

D

Education, Health and Civil amenities

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Equilibrium is a condition that can

A

Change only if government policies change

B

Change only if some internal factor changes

C

Change only if some outside factor changes

D

Never change

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The incidence of sales tax falls on

A

Producers

B

Retail dealers

C

Wholesale dealers

D

Consumers

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Which among the following has the least possibility of globalization?

A

Increase in infrastructure

B

To manage resources for investment

C

Selections of labour force

D

Location of capital works

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Which among the following is not a non-customs duty obstacle in the world trade?

A

Quantity restriction

B

Restrictions on goods quality

C

Determination of import duty uniformly

D

Establishment of Standard of labour in manufacturing

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How the interest-level of a country is affected by FDI?

A

Increases

B

Decreases

C

Remains unaffected

D

There is increase or decrease

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Which among the following statements is not true when there is an increase in interest rate in an economy?

A

Increase in saving

B

Decrease in loan

C

Increase in production cost

D

Increase in capital return

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The distribution of the burden of paying a tax is called:

A

Sharing of tax burden

B

Shifting of the tax

C

Incidence of a tax

D

Tax capitalization

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Which of the following taxes is introduced in India in 1953 and abolished in 1985?

A

Estate Duty

B

Expenditure Tax

C

Gift Tax

D

Agricultural Income-tax

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How much amount will be provided by NITI Aayog to every district to encourage digital payment system?

A

Rs 1 lakh

B

Rs 2 lakh

C

Rs 5 lakh

D

Rs 10 lakh

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SEBI amended its 'Takeover Code' under which law?

A

Prevention of Money Laundering Act

B

Foreign Exchange Management Act

C

Negotiable Instruments Act

D

Insolvency and Bankruptcy Code

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Which stock exchange launched a 'Tri-party Repo Market Platform' for repurchase of corporate debt security?

A

BSE

B

NSE

C

India INX

D

Calcutta Stock Exchange Ltd

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SoftBank Group Corp has decided to invest __________ billion for a solar power project in India.

A

25

B

50

C

75

D

100

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This page is created for Finance/CA students so that they can find study material for their preparation. We send regular updates to keep you well aware of the new topics on the page.
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