Description : ____ Card issued jointly by a member bank, and non-finance organization.(a) co branded b) budget c) Smart)
Last Answer : (a) co branded
Description : Under the Insolvency and Bankruptcy Code, 2016, debts owed to a secured creditor in the event such secured creditor has relinquished security ranks equally with ___________. a) insolvency ... period of twelve months preceding the liquidation commencement date d) dues to Central Government
Last Answer : b) workmen’s dues for a period of 24 months prior to liquidation commencement date
Description : Credit card facility is an excellent example of revolving credit_____(a) Cash credit b) secured credit c) revolving credit)
Last Answer : c) revolving credit)
Description : Which of the following does not come under the purview of the Election Commission? (1) To conduct the election of PM of India. (2) To conduct the election of President of India. (3) To give recognition to Polit-ical Parties (4) To assign election symbols to the Political Parties.
Last Answer : (1) To conduct the election of PM of India. Explanation: After the election results are declared, theparty winning with the majority in the Lok Sabha is invited by the President of India ... Prime Minister to the president. The president then appoints the selected candidate as the Prime minister.
Description : Under ______ debentures, if the issuer fails on payment of either the principal or interest amount, his assets can be sold to repay the liability to the investors A. Secured Debentures B. ... ) C. Fully convertible Debentures (FCD) D. Optionally Convertible Debentures (OCD) E. Unsecured Debentures
Last Answer : A. Secured Debentures Explanation: These instruments are secured by a charge on the fixed assets of the issuer company. So if the issuer fails on payment of either the principal or interest amount, his assets can be sold to repay the liability to the investors.
Description : Liability for compensation under Workmen’s Compensation Act is treated a) Secured creditor b) Preferential creditor c) Over – riding preferential creditor d) Unsecured creditor
Last Answer : Over – riding preferential creditor
Description : Which of the following statements is true? a) Debenture holder is an owner of the company. b) Debenture holder can get back its money only on the liquidation of the company. c) A debenture issued ... can be redeemed at a premium. d) A debenture holder receives interest only in the event of profits
Last Answer : c) A debenture issued at a discount can be redeemed at a premium.
Description : Agency bonds are issued by _____________. a) local governments b) national governments c) quasi-government entities d) corporates
Last Answer : c) quasi-government entities
Description : Securities issued by companies are traded in _______________. a) derivatives market b) tertiary market c) primary market d) secondary market
Last Answer : Which of the following is not a conduct most people associate with ethical behaviour? a) Bargaining b) Respect for others c) Loyalty d) Pursuit of excellence
Description : Cheque card issued by a bank which guarantees the payment of_______ within prescribed limit. (a) Cheque b) purchase c) cash
Last Answer : (a) Cheque
Description : The effective rate of interest on consumer finance is generally _______than the rate applicable to business finance.(a) Lower b) Higher c) Medium)
Last Answer : b) Higher
Description : _____ is the stages when commercial manufacturing has to commence.(a) Start Ups b) second round finance c) both )
Last Answer : (a) Start Ups
Description : The early stage financing of venture capital includes _____ (a) start ups b) second round finance c) both).
Last Answer : c) both).
Description : The setting up of the National Housing Bank (NHB), a fully owned subsidiary of the Reserve Bank of India in _____ as the apex institution marketed the beginning of emergence housing finance as a fund based financial services in India.(a) 1987, b) 1978, c)1988)
Last Answer : c)1988)
Description : ___is known as mezzanine capital.(a)Development financing b) expansion financing c) replacement finance)
Last Answer : .(a)Development financing
Description : Finance is not available in the following factories service _________ a. Without Recourse factoring b. With recourse factoring c. Maturity factoring
Last Answer : c. Maturity factoring
Description : NBFC performs great role for finance in _______ a. Wholesale sector b. Big Scale industries c. Small scale and Retail sector
Last Answer : c. Small scale and Retail sector
Description : Which one of the following appointments is not within the purview of the President of India? (1) Chief Justrice of India (2) Chairman, Finance Commission (3) Chief of Army Staff (4) Speaker of Lok Sabha
Last Answer : (4) Speaker of Lok Sabha Explanation: The speaker is elected in the very first meeting of the Lok Sabha after the general elections for a term of 5 years from amongst the members of the Lok Sabha.
Description : Which one of the following is covered in the valuation report? a) Proposed Transaction b) Related Parties c) Share Holding Pattern d) Valuation Methodologies
Last Answer : d) Valuation Methodologies
Description : Which of the following situations would invoke "question of law"? a) Disputing parties do not agree to the valuation arrived by the valuer. b) Disputing parties do not agree to choice of the ... from the well accepted principles of valuations. d) Valuer did not submit its report within the time.
Last Answer : c) Valuer has departed from the well accepted principles of valuations.
Description : In agreements of a purely domestic nature, the intention of the parties to create legal relationship is _______. a) to be proved to the satisfaction of the court b) presumed to exist c) deemed to exist d) not relevant at all
Last Answer : In agreements of a purely domestic nature, the intention of the parties to create legal relationship is _______. a) to be proved to the satisfaction of the court b) presumed to exist c) deemed to exist d) not relevant at all
Description : _______ is the process of updating the accounts of the trading parties. a. Underwriting b. Clearing c. Banking
Last Answer : b. Clearing
Description : What is the difference between a secured and unsecured credit card?
Last Answer : A secured credit card is a credit card that requires a security deposit. Secured credit cards are generally for individuals whose credit is damaged or who have no credit history. Your credit line will ... credit. http://lmgtfy.com/?q=What+is+the+difference+between+a+secured+and+unsecured+credit+card
Description : Do you pay more interest on unsecured loans than on secured ones?
Last Answer : Interest rates are typically higher on unsecured loans rather than on secured loans. This is because there is no collateral backing the loan.
Description : Can you explain what the difference is between unsecured and secured business credit cards?
Last Answer : Unsecured credit cards allow free spending with a credit limit. They are the most common type of credit card and are based upon trust. Secured credit cards are backed by funds that are pre-paid into the account or collateral. They are more like a loan.
Description : hi i wanted to download the free chapter 7 form which pertains to listing all my secured debts and unsecured debts. which form is this. there are so many and im confused. is there a link you could send me thanks?
Last Answer : I'm not sure if you can file all this on one form. The list of unsecured debts can be listed on the following form: http://www.uscourts.gov/rules/BK_Forms_1207/B_004_1207f.pdf
Description : What is the difference between a secured loan and a unsecured loan?
Last Answer : A secured loan is a loan where you have to provide some form of collateral. An unsecured loan is where you do not but the interest is very high and typically is not provided by legitimate financial institutions.
Description : What are the differences between a secured and unsecured credit card?
Last Answer : I have never heard of credit card that is unsecured. So you better off check with the proper legal bank's credit card then apply for one, don't put yourself into the scam.
Description : A part of debt instruments that are converted into Equity shares in the future at notice of the issuer is called _________ A. Secured Debentures B. Partly Convertible Debentures (PCD) C. Fully convertible Debentures (FCD) D. Optionally Convertible Debentures (OCD) E. Unsecured Debentures
Last Answer : B. Partly Convertible Debentures (PCD) Explanation: A part of these instruments are converted into Equity shares in the future at notice of the issuer. The issuer decides the ratio for conversion. This is normally decided at the time of subscription.
Description : In which of the following conversion the investors enjoy the same status as ordinary shareholders of the company? A. Secured Debentures B. Partly Convertible Debentures (PCD) C. Fully convertible Debentures (FCD) D. Optionally Convertible Debentures (OCD) E. Unsecured Debentures
Last Answer : C. Fully convertible Debentures (FCD) Explanation: These are fully convertible into Equity shares at the issuer‘s notice. The ratio of conversion is decided by the issuer. Upon conversion the investors enjoy the same status as ordinary shareholders of the company.
Description : Any sum due to an employee out of provident fund is an example of : a) Unsecured creditors b) Preferential creditors c) Secured creditors d) Partly secured creditor
Last Answer : b) Preferential creditors
Description : Amount of calls in advance is treated as a) Secured creditor b) Preferential creditor c) Asset not specifically pledged d) Unsecured creditor
Last Answer : b) Preferential creditor
Description : A perpetual bond does not have a fixed _________. a) interest rate b) maturity period c) duration d) underlying asset
Last Answer : b) maturity period
Description : The fixed-rate payer in an interest-rate swap has a position equivalent to a series of ____________. a) long interest-rate puts and short interest-rate calls b) short interest-rate puts and long interest-rate calls c) long interest-rate puts and calls d) short interest-rate puts and calls
Last Answer : b) short interest-rate puts and long interest-rate calls
Description : Which of the following is not a cash inflow? a) Decrease in debtors b) Issue of shares c) Decrease in creditors d) Sale of fixed assets
Last Answer : c) Decrease in creditors
Description : Methods of consumer credit scoring are______.(a) Specific Fixed Formula b)Machinery risk formula c) Both)
Last Answer : c) Both)
Description : The exemption under section 54 of the Income Tax Act, 1961 is available ___________. e) to the extent of capital gain invested in the house property f) proportionate to the net consideration price invested g) to the extent of amount actually invested h) to the extent of net consideration
Last Answer : to the extent of capital gain invested in the house property
Description : Under the SARFAESI Act, 2002, the Central Registrar may allow the filing of the particulars of creation of security interest within _____ next following the expiry of the period of initial thirty days on payment of additional fee. a) Ten days b) Thirty days c) Twenty-five days d) Fifteen days
Last Answer : b) Thirty days
Description : Under the SEBI (Share Based Employee Benefits) Regulations, 2014, appreciation means the difference between the ______________. a) market price of the share of a company on the date of exercise of stock ... a company on the date of exercise of share appreciation right (SAR) and the SAR price.
Last Answer : market price of the share of a company on the date of exercise of stock appreciation right (SAR) or vesting of SAR, as the case may be, and the SAR price.
Description : A Tribunal makes an order under section 230 of the Companies Act, 2013 sanctioning a compromise or an arrangement in respect of a company. In this context, strike the odd one out: a) It will ... . c) It can modify the order or compromise. d) It can ask for creditors' responsibility statement.
Last Answer : d) It can ask for creditors’ responsibility statement.
Description : Under the Insolvency and Bankruptcy Code, 2016, the fees of the liquidator is paid from the proceeds of sale of the ____________of the corporate debtor. a) unencumbered liabilities b) liquidation assets c) liquidation fund d) unencumbered reserves
Last Answer : b) liquidation assets
Description : Which of the following is not a financial service under the Insolvency and Bankruptcy Code, 2016? a) Accepting of deposits b) Effecting contracts of insurance c) Payment of wages to employees d) Establishing an investment scheme
Last Answer : c) Payment of wages to employees
Description : Who determines the amount of claim due to a creditor under the Insolvency and Bankruptcy Code, 2016? a) Committee of Creditors b) Resolution Professional c) Adjudicating Authority d) Corporate Debtor
Last Answer : b) Resolution Professional
Description : Salary under section 17(1) of the Income Tax Act, 1961 does not include _____. a) wages b) pension c) interest d) gratuity
Last Answer : interest
Description : Which of the following can be transferred under the Transfer of Property Act, 1882? a) An easement along with the dominant heritage b) Political pension c) Succession d) Stipends allowed to the civil pensioners of the Government
Last Answer : a) An easement along with the dominant heritage
Description : Which of the following is not a prescribed asset class under the Companies (Registered Valuers and Valuation) Rules, 2017? a) Enterprise b) Securities or Financial Assets c) Plant and Machinery d) Land and Buildings
Last Answer : a) Enterprise
Description : Who is the authority for registration of valuers under the Companies (Registered Valuers and Valuation) Rules, 2017? a) MCA b) NFRA c) IBBI d) NCLT
Last Answer : c) IBBI
Description : n the context composition of the committee to advise on valuation matters under the Companies (Registered Valuers and Valuation) Rules, 2017, strike the odd one out: a) One member nominated by the MCA
Last Answer : Two members nominated by the RBI
Description : For conduct of forced degradation studies under acidic conditions, which of the following substance is used? A. HCl B. H2SO4 C. HNO3 D. Citric acid
Last Answer : A. HCl
Description : How many batches should be considered for stress testing under basic conditions testing as per ICH? A. At least 3 B. At least 2 C. At least 1 D. At least 5
Last Answer : A. At least 3