Description : When was the comprehensive reorganisation of Indian States completed in accordance with the recommendations of States Reorgani-sation Commission? (1) 1953 (2) 1956 (3) 1960 (4) 1966
Last Answer : (2) 1956 Explanation: The States Reorganisation Commission (SRC) was a body constituted by the Central Government of India in 1953 to recommend the reorganization of state boundaries along the ... the single most extensive change in. state boundaries since the independence of India in 1947.
Description : General Insurance Corporation of India was set up in– (A) 1956 (B) 1972 (C) 1980 (D) 2000
Last Answer : Answer: 1972
Description : Indian Partnership Act was passed in the year– (A) 1956 (B) 1936 (C) 1932 (D) 1930
Last Answer : Answer: 1932
Description : While auditing the financial statements of non-corporate enterprises, the auditor's duties and scope of work would be governed by- (A) the statute passed by the Parliament (B) the Companies Act, 1956, and ... (C) the agreement with his client. (D) the provisions of the Income Tax Act, 1961
Last Answer : Answer: the agreement with his client.
Description : Who can be appointed as a Company Secretary under the Companies Act, 1956 ? (A) An individual (B) A partnership firm (C) A company (D) None of the above
Last Answer : Answer: An individual
Description : Under Section 275 of the Companies’ Act, 1956 a person can become director in public company of not more than– (A) 5 companies (B) 10 companies (C) 15 companies (D) 20 companies
Last Answer : Answer: 15 companies
Description : As per Schedule VI of the Companies’ Act, 1956, Forfeited Share Account will be– (A) Added to paid up capital (B) Deducted from called up capital (C) Added to capital reserve (D) Shown as a revenue reserve
Last Answer : Answer: Deducted from called up capital
Description : Members of a company may apply to which one among the following for relief under the Companies Act, 1956 in cases of oppression ? (A) Central Government (B) High Court of Judicature (C) National Company Law Tribunal (D) National Company Law Appellate Tribunal
Last Answer : Answer: National Company Law Tribunal
Description : A public corporation is set up– (A) By a Special Act of Parliament (B) By a special order of the Government (C) Under Indian Companies Act, 1956 (D) By none of the above
Last Answer : Answer: By a Special Act of Parliament
Description : In which year were the Indian states reorganised on the linguistic basis? (1) 1947 (2) 1951 (3) 1956 (4) 1966
Last Answer : (3) 1956 Explanation: The States Reorganisation Act of 1956 was a major reform of the boundaries of India's states and territories, organising them along linguistic lines. Although additional ... remains the single most extensive change in state boundaries since the independence of India in 1947.
Description : Shatabdi Express train was started in A. 1988 B. 1976 C. 1966 D. 1956
Last Answer : A [1988] Explanation: The first Shatabdi Express train was introduced in 1988 to commemorate the birth centenary of Jawahar Lal Nehru, the first Prime Minister of India.
Description : The unification of Karnataka was achieved in the year – (1) 1956 (2) 1957 (3) 1958 (4) 1960
Last Answer : (1) 1956 Explanation: The Unification of Karnataka refers to the formation of the Indian state of Karnataka, then named Mysore State, in 1956 when several Indian states were created by ... linguistic demographics. It took place on the basis of the recommendations of the Fatal All Committee.
Description : In India private sector entered into the Life Insurance business in the year– (A) 1995 (B) 1998 (C) 2000 (D) 2001
Last Answer : Answer: 2000
Description : Scheme for testing the field performance of hrbicidies in rice, wheat and sugarcane in different states of India by ICAR was initi ated in a). 1948 b). 1952 c). 1956 d). 1960
Last Answer : b). 1952
Description : Life insurance is a contract of which one of the following ? (A) Indemnity (B) Guarantee (C) Contribution (D) Subrogation
Last Answer : Answer: Guarantee
Description : In ‘Life Insurance Contract’ the insurable interest is examined at the time of– (A) Entering the contract (B) Filing the claim (C) Both (A) and (B) (D) Never
Last Answer : Answer: Entering the contract
Description : ‘Salvage Charges’ is related to– (A) Life Insurance (B) Marine Insurance (C) Fire Insurance (D) None of the above
Last Answer : Answer: Marine Insurance
Description : Insurable interest must be present at the time of insurance proposal and payment of claims in– (A) Fire Insurance (B) Marine Insurance (C) Life Insurance (D) Motor Insurance
Last Answer : Answer: Fire Insurance
Description : For providing inputs like quality seeds, fertilizers and pesticides, the agency present at the Village Panchayat Samiti Level is – 1) Nationalised Banks 2) Cooperative Society 3) Insurance Companies
Last Answer : 3) On the ventral surface of leaves
Description : Fire Insurance is based on the principle of– (A) Utmost Good faith (B) Insurable Interest (C) Indemnity (D) Cooperation
Last Answer : Answer: Indemnity
Description : Contents of Marine Insurance include– (A) Insurance of Cargo only (B) Insurance of Freight only (C) Insurance of Hull only (D) Insurance of Cargo, Freight & Hull
Last Answer : Answer: Insurance of Cargo, Freight Hull
Description : In order to reduce the risk of heavy insurance the insurer passes on some business to the other company, it is called– (A) Reinsurance (B) Double Insurance (C) Joint Insurance Policy (D) Separate Insurance
Last Answer : Answer: Reinsurance
Description : Export procedure begins with– (A) Indent (B) Shipping order (C) Marine insurance (D) None of these
Last Answer : Answer: Indent
Description : In connection with marine insurance the ‘Doctrine of Utmost Good Faith’ is based on the concept of– (A) Disclosure (B) Concealment (C) Misrepresentation (D) None of the above
Last Answer : Answer: Disclosure
Description : What is Marine Insurance?
Last Answer : Marine insurance is the oldest kind of insurance. It is that branch of insurance which relates to ships and their cargoes.
Description : What is C.I.F. (Cost Insurance Freight)?
Last Answer : This includes the cost of goods, insurance, freight and all charges upto to the port of import.
Description : Who is a insurance broker?
Last Answer : They arrange various types of insurance in connection with trade.
Description : In which year, some more commercial banks in addition to the first lot of 141 were nationalised in India? -Do You Know?
Last Answer : answer:
Description : In which year, some more commercial banks in addition to the first lot of 141 were nationalised in India?
Last Answer : 1980
Description : 1. A deuterium nucleus consists of which particles? 2. With which field is Begum Akhtar associated? 3. In which year, some more commercial banks in addition to the first lot of 141 were ... 20. Which Sultan of Delhi had accepted the Suzerainty of the Timurid ruler Mirza Shah Rukh ?
Last Answer : Answer : 1. One proton and one neutron 2. Vocal Music 3. 1980 4. Godavari 5. Dharmachakrapravartan 6. Latic Acid 7. Germany and Austria 8. Frequency 9. Jupiter 10. Hathigunipha inscription 11. K. R. Kamath ... 16. British Monarch 17. 5 18. Fourth 5-Yr Plan 19. 30,000 km 20. Khizr Khan Sayyid
Description : Which of the following is not an element of marketing mix ? (A) Product (B) Price (C) Promotion (D) Product life cycle
Last Answer : Answer: Product life cycle
Description : A meeting of the shareholders held only once during the life time of the company is known as– (A) Meeting of the Directors (B) Meeting of the Creditors (C) Extraordinary General Meeting (D) Statutory Meeting
Last Answer : Answer: Statutory Meeting
Description : According to going concern concept a business entity is assumed to have– (A) A long life (B) A small life (C) A very short life (D) A definite life
Last Answer : Answer: A long life
Description : Air transport was nationalised in which year? -Geography
Last Answer : Air transport is one the fastest and comfortable mode of transport today. It was difficult to reach the north-eastern parts of the country due to dense forests and big rivers; air travel helped to reach these places easier. Air transport was nationalised me the year 1953.
Description : Indian Railway was Nationalised in the year A. 1930 B. 1939 C. 1945 D. 1951
Last Answer : D [1951] Explanation: The railways were first introduced in India in 1853 from Mumbai to thane. It was nationalized in the year 1951 after which it became one of the largest networks in the world.
Description : Coal mines were Nationalised in the year : (1) 1970 (2) 1971 (3) 1972 (4) 1976
Last Answer : 1972
Description : If the purchases made during the year were Rs. 60,000, the balance of stock in trade at the beginning and at the end of the year were Rs. 12,000 and Rs. 9,000 respectively and the gross profit on sales was 1/5th, when which ... year ? (A) Rs. 15,750 (B) Rs. 14,000 (C) Rs. 12,500 (D) Rs. 17,250
Last Answer : Answer: Rs. 12,500
Description : If Opening Stock – Rs.15,000 Purchases – Rs.37,500 Direct Expenses – Rs.1,500 Closing Stock – Rs.7,500 Operating Expenses – Rs.3,000 Sales are Rs. 60,000 during the year, what is the net profit ? (A) Rs. 12,000 (B) Rs. 10,500 (C) Rs. 7,500 (D) Rs. 3,000
Last Answer : Answer: Rs. 10,500
Description : Income and expenses for the year 2012 are- Fee Received in Cash - Rs.24,000 Accrued Fee - Rs.6,000 Rent for Chamber Paid - Rs.6,000 Outstanding Rent - Rs.2,000 Salary Paid to Staff - Rs.6,000 Miscellaneous Expenses Paid - Rs. ... basis ? (A) Rs. 11,800 (B) Rs. 13,200 (C) Rs. 16,800 (D) Rs. 30,000
Last Answer : Answer: Rs. 13,200
Description : The first auditor of a company appointed, holds office– (A) For a period of one year (B) For that period till new auditor is appointed (C) Till the conclusion of first Annual General Meeting (D) Till the holding of statutory meeting of the company
Last Answer : Answer: Till the conclusion of first Annual General Meeting
Description : The following data, relates to manufacturing company for the year 2006-07- Net Profit as per P & L A/c-Rs. 2,40,000; Depreciation-Rs. 80,000; Goodwill written-off- Rs. 40,000, Profit on Sale of Fixed Assets-Rs. 16,000, ... ) Rs. 4,40,000 (B) Rs. 4,00,000 (C) Rs. 6,40,000 (D) None of the above
Last Answer : Answer: None of the above
Description : On 1st April, 2013, Y Ltd. Issued 1000, 12% debentures of Rs. 100 each at a discount of 6%. These debentures are redeemable in five equal annual instalments at the end of each year. What is the amount of discount to be written off ... & L A/c ? (A) Rs. 2000 (B) Rs. 1800 (C) Rs. 1200 (D) Rs. 600
Last Answer : Answer: Rs. 1200
Description : A company has issued a 20-year bond at Rs. 1000 par value with a coupon rate of 10 per cent. The required rate of return on similar bonds is 12 per cent. What is the current value of the bond ? (A) Rs. 905•33 (B) Rs. 850•45 (C) Rs. 833•33 (D) Rs. 820•20
Last Answer : Answer: Rs. 905•33
Description : Ploughing-back of profits means– (A) Dividend declared but not claimed by shareholders (B) Non-declaration of dividend in any year (C) Profits earned from illegal sources and employed in business (D) Retaining the earnings of business for future expansion programme
Last Answer : Answer: Retaining the earnings of business for future expansion programme
Description : The balance appearing in the books of a company at the end of year were CRR A/c Rs. 50,000, Security Premium Rs. 5,000, Revaluation Reserve Rs. 20,000, P & L A/c (Dr) Rs. 10,000. Maximum amount available for distribution of ... will be- (A) Rs. 50,000 (B) Rs. 55,000 (C) Rs. 45,000 (D) Rs. 57,000
Last Answer : Answer: Rs. 55,000
Description : The Doing Business Report" is prepared by which of the following organizations every year? (A) World Bank (B) Asian Development Bank (ADB) (C) International Monetary Fund (IMF) (D) World Trade Organization (WTO)
Last Answer : Answer: World Bank
Description : When was the Reserve Bank of India nationalised? a. January 1, 1949 b. January 1, 1950 c. January 1, 1951 d. January 1, 1952
Last Answer : a. January 1, 1949
Description : Suppose you want to investigate the working efficiency of nationalised bank in India, which one of the following would you follow? (A) Area Sampling (B) Multi-stage Sampling (C) Sequential Sampling (D) Quota Sampling
Last Answer : (B) Multi-stage Sampling
Description : Regional Rural Banks are sponsored by (1) Nationalised Commercial Bank (2) Reserve Bank of India (3) State Bank of India (4) Government of India
Last Answer : Nationalised Commercial Bank