Description : Issuance of stamp duty on bonds is under ________ A. The Companies Act, 1956 B. The Public Debt Act 1944. C. Indian Stamp Act 1899 (Central Act) D. Reserve Bank of India Act, 1934 E. Both (A) and (C)
Last Answer : C. Indian Stamp Act 1899 (Central Act) Explanation: Issuance of stamp duty on bonds is under Indian Stamp Act 1899 (Central Act). A bond is transferable by endorsement and delivery without payment of any transfer stamp duty.
Description : Which of the following is a computer based application and a secured way of paying Non-Judicial stamp duty to the Government? A. Commercial Papers B. E-stamp C. Treasury bill D. All of the Above E. None of the Above
Last Answer : B. E-stamp Explanation: e-Stamping is a computer based application and a secured way of paying Non-Judicial stamp duty to the Government.
Description : Which of the following can be provided by small finance banks A. Mutual Funds B. Insurance Products C. Third Party financial products D. All of the Above E. None of the Above
Last Answer : D. All of the Above Explanation: Small finance banks can distribute mutual funds, insurance products and other simple third-party financial products.
Description : D) ICICI Bank Explanation: New features will enable customers to instantly pay taxes and book railway tickets within the app. iMobile users will also be able to purchase travel & motor insurance as well as buy mutual funds from 19 asset management companies.
Last Answer : According to HSBC, India is expected to contribute how much of the world GDP by the middle of next decade? A) 4.3% B) 4.9% C) 5.2% D) 3.4% E) None of these
Description : Are mutual funds able to be held in a registered retirement savings plan?
Last Answer : A registered retirement account can invest in stocks, bonds and mutual funds.
Description : Among the postage stamp kept in the stock of mail offices for sale if any stamp cannot be disposed of within a reasonable time the mater should be reported to a) The record officer b) The local Postmaster c) The Sub divisional IRM d) The Supdt. Of RMS
Last Answer : d) The Supdt. Of RMS
Description : The Assistant Superintendent will remain at the headquarters when the Superintendent is on tour and will look to the entire supervision of the office and control all the staff of the Divisional Office a ... of loss, fraud, highway robbery etc., till the superintendent arrives. d) All the above
Last Answer : d) All the above
Description : What is the currency deposit ratio (cdr)? a) ratio of money held by the public in currency to that of money held in bank deposits b) ratio of money held by public in bank deposits to that of money ... ratio of money held in demand drafts to that of money held in treasury bonds d) none of the above
Last Answer : a) ratio of money held by the public in currency to that of money held in bank deposits
Description : The fortnightly consolidated list of certificates issued to POs should, be sent by _____to the ____ a) Circle Stamp Depots, Circle postal accounts office b) Head offices , Postal account office c) Circle office , DG Post d) Circle office, Circle account office
Last Answer : a) Circle Stamp Depots, Circle postal accounts office
Description : From the following which official can forward indent direct on The Central Stamp store? a. Postmaster of GPO b. Senior Postmaster c. Postmaster of Presidency Post offices
Last Answer : a. Postmaster of GPO
Description : How are sub post offices kept in funds? a) By drawing from the treasury in the case of SO situated at treasury station b) By remittances from another SO c) By remittances from the HO d) All the above
Description : The Aadhaar-Enabled Payment Systems(AEPS) is a bank led model that facilitates banking facilities by allowing transactions at Point of Sale through the Business Correspondent (BC) using the Aadhaar ... . Cash Withdrawal C. Online Payment D. Cash Deposit E. Aadhaar to Aadhaar funds transfer
Last Answer : C. Online Payment Explanation: Services Offered by AEPS: Balance Enquiry Cash Withdrawal Cash Deposit Aadhaar to Aadhaar Fund Transfer Gateway Authentication Services
Description : In colleges, universities the promotion on the post of Reader under the Personal Promotion Scheme, the required minimum number of published papers is Options: A) 3 to 5 B) Only one C) Only two D) None of the above
Last Answer : A) 3 to 5
Description : Where can I find a bank that allows mutual funds and free checking?
Last Answer : Most banks will allow free checking with a certain amount of a deposit. Also, a lot of banks do mutual funding as well, you can check with any local bank in the phone book.
Description : Which of the following can become ACCs? A. Scheduled Banks B. Insurance Majors C. Post Offices D. Both (A) and (B) E. Both (A) and (C)
Last Answer : E. Both (A) and (C) Explanation: Scheduled Banks and Post Offices can become ACCs.
Description : When an agent asks a customer to invest in a Mutual Fund product without telling him/her about the risks involved in the investment, the process is termed as ______ A. Mis-selling B. Undertaking C. Misappropriation of Funds D. cross selling E. None of the Above
Last Answer : A. Mis-selling Explanation: The act of selling something that is not suitable for the person who buys it.
Description : Who among the following are institutional investors in the Indian Debt Market? A. Banks B. Mutual funds C. Foreign investors (FIIs) D. Trusts E. All of the Above
Last Answer : E. All of the Above Explanation: Institutional investors operating in the Indian Debt Market are : Banks Insurance companies Provident funds Mutual funds Trusts Corporate treasuries
Description : A fund that tracks an index but can be traded like a stock is known as _______ A. Exchange Traded Funds(ETF) B. Mutual Funds C. Energy Funds D. Investment Fund E. None of the Above
Last Answer : A. Exchange Traded Funds(ETF) Explanation: An ETF(Exchange Traded Fund) is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock on a stock exchange.
Description : Which of the following is/are non-banking subsidiary of the State Bank of India? A. SBI Capital Markets Ltd. B. SBI General Insurance Company Limited. C. SBI Funds Management Pvt Ltd. D. All of the Above E. None of the Above
Last Answer : D. All of the Above Explanation: SBI has the following Non-Banking Subsidiaries in India: SBI Capital Markets Ltd. SBI Funds Management Pvt Ltd. SBI Global Factors Ltd. SBI Cards & Payments ... (SBICPSL) SBI DFHI Ltd. SBI General Insurance Company Limited. SBI Pension Funds Pvt Ltd (SBIPFPL)
Description : When a corporate entity wishes to raise money from the market it can do that by issuing A. Treasury Bills B. Kisan Vikas Patra C. National Savings Certificate D. Commercial Papers E. None of the Above
Last Answer : D. Commercial Papers Explanation: Commercial paper is an unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories and meeting short-term liabilities.
Description : A commission or fee paid, when an agent or an individual sells an investment such as mutual funds or annuity is known as _________ A. Redemption fee B. Service Charge C. Regressive tax D. Sales tax
Last Answer : A. Redemption fee Explanation: A mutual fund redemption fee, also referred to as a -market timing fee , or -short-term trading fee , is a charge by a mutual fund company to discourage investors from ... (i.e. a purchase, typically a transfer, followed by a sale within a short period of time).
Description : The NEFT system facilitates ____cross-border transfer of funds from India to Nepal which is known as the Indo-Nepal Remittance Facility Scheme. A. One Way B. Two Way C. Multi way D. None of the Above
Last Answer : A. One Way Explanation: The NEFT system also facilitates one-way cross-border transfer of funds from India to Nepal. This is known as the Indo-Nepal Remittance Facility Scheme. A remitter can ... account with a bank branch in Nepal or not. The beneficiary would receive funds in Nepalese Rupees.
Description : Which one is an online payment mode? a. Cash on delivery b. Cash before delivery c. Demand drafts d. e‐cheque
Last Answer : d. e‐cheque
Description : Which one is not an offline payment mode? a. Cash on delivery b. Cash before delivery c. Demand drafts d. e‐cheque
Description : What is the maturity period for senior citizen savings scheme? A. 3 years B. 5 years C. 2 years D. 5 years E. 4 years
Last Answer : B. 5 years Explanation: There shall be only one deposit in the account in multiple of INR.1000/- maximum not exceeding INR 15 lakh in senior citizen savings scheme. Maturity period is 5 years.
Description : Investment under senior citizen savings scheme qualifies for the benefit of __________ of the Income Tax Act, 1961. A. Section 60C B. Section 70C C. Section 80C D. Section 90C E. None of the Above
Last Answer : C. Section 80C Explanation: Investment under this scheme qualifies for the benefit of Section 80C of the Income Tax Act, 1961.
Description : Documentary drafts require various shipping documents such as ____. A. bills of lading B. insurance certificates C. commercial invoices D. A and B E. A, B, and C
Last Answer : E. A, B, and C
Description : The National Agricultural Insurance Scheme in its first two years of operation envisaged to cover...... (A) all crops-grown by small and marginal farmers only (B) all crops-cultivated with ... of farmers (D) only horticultural crops (E) only seven commercial crops-grown under contract farming system
Last Answer : (B) all crops-cultivated with the help of crop loans only irrespective of the size of holding of the borrowers
Description : Mark correct option a) The expression postage means the duty chargeable for the transmission by post of postal articles b) The expression postage stamps means any stamp provided by the [Central Government] ... room, carriage or place used for the purposes of the Post Office. d) All the above
Description : Mark the incorrect option: (A) The special registration envelopes provided by the Post Office cannot be used for the transmission of unregistered article (B) Reuse of a stamp that has already ... have been cut and separated from embossed envelopes or postcards can be used in payment of postage
Last Answer : (D) Postage stamps which have been cut and separated from embossed envelopes or postcards can be used in payment of postage
Description : In which year were Private Sector Mutual Funds in India permitted? -Do You Know?
Last Answer : answer:
Description : Stamps used under the Indian Stamp Act, 1899 & The Bombay Stamp Supply And Sale Rules, 1934, can be broadly divided into _______ categories. A. One B. Two C. Three D. All of the Above E. None of the Above
Last Answer : B. Two Explanation: Stamps used under the Indian Stamp Act, 1899 & The Bombay Stamp Supply And Sale Rules, 1934, can be broadly divided into two categories. Impressed stamps Adhesive stamps.
Description : Agreement between BEE and user of label should be done on ₹ 100 _________ stamp paper. A. Judicial stamp paper. C. Court fee stamp paper B. Non judicial paper D. Normal fee paper
Last Answer : Non judicial paper
Description : How often do you use the services of the US Post Offices for sending mail/packages?
Last Answer : I frequently mail and receive packages, but it is often done through UPS, not USPS.
Description : Do US post offices typically offer fax services?
Last Answer : You can definitely send fax from a us post office or almost any post office in the world. Postal offices were one of the first locations where telecommunications happened around the clock even before we ... internet and phones. But you will probably have to pay a small fee for using their service.
Description : What does amortization mean? A. Spreading payments over multiple periods B. Buying a financial instrument in order to sell the same instrument at a higher price in another market C. Issuance approval, ... issuer D. Buying the underlying securities at a specified excercise price E. None of the Above
Last Answer : A. Spreading payments over multiple periods Explanation: Amortization is an accounting term that refers to the process of allocating the cost of an intangible asset over a period of time. It also refers to the repayment of loan principal over time.
Description : What is the maximum amount that can be raised through issuance of Rupee denominated bonds under automatic route? A. INR 50 billion B. INR 60 billion C. INR 55 billion D. INR 65 billion E. No limit
Last Answer : A. INR 50 billion Explanation: The maximum amount that any eligible borrower can raise through issuance of these bonds under automatic route is INR 50 billion or its equivalent during a financial year.
Description : A cheque drawn on any bank located at the same station as that of the head post office and accepted at any of its sub offices will also be regarded as----------- a. Local Cheque b . Outstation Cheque
Last Answer : a. Local Cheque
Description : According to the new RBI regulations, how long is the validity of checks and bank drafts? -General Knowledge
Last Answer : Revised validity period of Cheques, Drafts, Pay Orders & Banker's Cheques. As per RBI guidelines, with effect from April 1, 2012, the validity period of Cheques, Demand Drafts, Pay Orders and Banker's Cheques will be reduced from 6 months to 3 months, from the date of issue of the instrument.
Description : Where do you suggest putting some cash in the US for interest yield but without the risk of stocks, mutual funds or ETF?
Last Answer : To start I would save $5,000 in a high interest savings account. To at least one years worth of savings for an emergency account. Before you start playing on the stock market. Low yield savings bonds are good . Only buy stocks if you can afford to lose that investment. I am not a financial expert.
Description : Why are businesses rarely offered precious metal mutual funds by their 401k management company?
Last Answer : Even in mutual fund market, precious metals are very high risk and may burn even very savvy fund managers
Description : Are Mutual Funds as Big and Prosperous in other countries as they are in the U.S?
Last Answer : The European market is quite competitive, look for places like London and Luxembourg, I believe they’re the main players outside of the US.
Description : Anyone know of any good Alternative Energy mutual funds?
Last Answer : you may have to assemble your own “fund” of individual stock issues. I have looked at www.socialinvest.org for their sort of funds but they do not specifically have alt energy funds, but there may be some that would mostly fit your criteria.
Description : Is there a way to compare mutual funds?
Last Answer : answer:* ALWAYS REMEMBER TO CHECK THE DATE ON ANY MATERIALS EITHER PRINTED ON FOUND ON THE WEB !! * you might something good in these links. For those who need to know what no-load ... our trading site or through a Scottrade Branch Office. The prospectus should be read carefully before investing.
Description : mutual funds provide stability to share prices safety to investors and resources?
Last Answer : Hedge funds are not mutual funds as hedge funds cannot be sold to the general public
Description : What annuity can individuals choose to invest purchase payments from a range of investment options which are typically mutual funds?
Last Answer : variable annuity
Description : Are typically comprised of a mix of and . AStocks bonds index funds BBonds index funds mutual funds CMutual funds stocks bonds DStocks index funds bonds?
Last Answer : What is the answer ?
Description : How does mutual Funds SIP WORKS?
Last Answer : SIP or Systematic Investment Plan or SIP mutual fund is one of the most searches by people on Google. Many investors want to know about SIPs. Via SIPs you can become millionaires or billionaires by ... are assumed returns & actual returns may vary.For more details, kindly click the following link:-
Description : What is the difference between exchange traded funds and mutual funds?
Last Answer : Most mutual fund investors take advantage of their fund's automatic dividend reinvestment feature. That saves them the hassle of deciding what to do with the cash that comes their way periodically. If ... your cut of the dough is automatically reinvested in shares, or partial shares of the fund.