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 : Retain trading in government securities at select stock exchanges commercial in– (A) Jan. 2001 (B) Jan. 2002 (C) Jan. 2003 (D) Jan. 2004
Last Answer : Answer: Jan. 2003
Description : In case of a company, “Buy Back” is related to– (A) Prospectus (B) Shares (C) Debentures (D) Cheques
Last Answer : Answer: Shares
Description : When an R&D effort started in 2001 completes on September 15, 2002, the product revision kicks in a. October 1, 2002. b. immediately upon completion. c. January 1, 2003. d. R&D has no effect on product revisions. e. September 15, 2003.
Last Answer : b. immediately upon completion.
Description : Bill & Melinda Gates Foundation was established in _____. A. 1998 B. 1999 C. 2000 D. 2001
Last Answer : ANSWER: C
Description : In which year did the State Jharkhand come into existence'? (1) 1998 (2) 1999 (3) 2000 (4) 2001
Last Answer : (3) 2000 Explanation: The 28th state of the Indian Union was brought into existence by the Bihar reorganization Act on November 15, 2000. The birth anniversary of the legendary Bhagwan Birsa Munda. ... Forests and woodlands occupy more than 29% of the state which is amongst the highest in India.
Description : In which year was the Prevention of Terrorism Act (POTA) enacted? (1) (1) 2000 (2) (2) 2001 (3) 2002 (4) 2003
Last Answer : (3) 2002 Explanation: The Prevention of Terrorism Act (POTA) was an Act passed by the Parliament of India in 2002, with the aim of strengthening antiterrorism operations. It replaced the Prevention of ... (POTO) of 2001 and the Terrorist and Disruptive Activities (Prevention) Act (TADA) (1985-95).
Description : World Bank launched ‘Gender mainstreaming strategy’ in [A] 2000 [B] 2010 [C] 2001 [D] 2002
Last Answer : [C] 2001
Description : In which year Gramoday was launched in Tripura? (a) 1 st May, 2000 (b) 7 th February, 2000 (c) 30 th March, 2001 (d) 2 nd April, 2002
Last Answer : (b) 7 th February, 2000
Description : Greeting Post was introduced a) 6th September 2000 b) Aug 2000 c) 1st Apr 2001 d) Aug 2002
Last Answer : a) 6th September 2000
Description : Retail Post was introduced a) 2nd Aug 2001 b) Aug 2000 c) 1st Apr 2001 d) Aug 2002
Last Answer : b) Aug 2000
Description : . BEE under the provisions of the act _______. A. 2000 C) 2001 B. 2002 D) 1999
Last Answer : 2001
Description : Abstract Digital Forensic model in a) 2000 b) 2001 c) 2002 d) 2003
Last Answer : c) 2002
Description : Which one of the following securities cannot be issued by a Public Limited Company in India ? (A) Participating preference shares (B) Redeemable preference shares (C) Deferred shares (D) Debentures.
Last Answer : Answer: Deferred shares
Description : A company forfeited 30 equity shares of Rs. 10 each fully called-up, for non-payment of allotment money of Rs. 3 and call-money of Rs. 4 per share. If these shares are reissued at Rs. 8 per share fully paid, the amount ... to capital reserve will be- (A) Rs. 300 (B) Rs. 60 (C) Rs. 90 (D) Rs. 30
Last Answer : Answer: Rs. 30
Description : A company can forfeit shares if the– (A) shareholder fails to pay the amount of the call during the stipulated time (B) shareholder pays calls in advance (C) shareholder does not pay the application money (D) shares have been issued at par
Last Answer : Answer: shareholder fails to pay the amount of the call during the stipulated time
Description : Which one of the following statements is false ? (A) A Demat Share' is held by the depository on behalf of the investor whereas a Physical Share' is held by the investor himself (B) There is no ... number like a Physical Share' (D) The Demat Share' cannot be converted into a Physical Share'
Last Answer : Answer: The ‘Demat Share’ cannot be converted into a ‘Physical Share’
Description : Alfa Company Limited acquired the business of M/s Bharat Traders. The valuation of the items acquired was-building Rs. 1,20,000; machinery Rs. 80,000 and stock-in-trade Rs. 30,000. The company issued in lieu of the above items 800, ... ) Rs. 2,30,000 (B) Rs. 1,00,000 (C) Rs. 50,000 (D) Rs. 30,000
Last Answer : Answer: Rs. 30,000
Description : Bonus Shares are issued to– (A) Equity Shareholders (B) Preference Shareholders (C) Debenture Holders (D) Secured Creditors
Last Answer : Answer: Equity Shareholders
Description : X Ltd. forfeited 20 shares of Rs. 10 each on which Rs. 6 per share were paid. If out of these shares, 8 shares were reissued to Ram as fully paid up on payment of Rs. 5 50 per share, the amount that will remain standing ... Share Forfeited A/c will be- (A) Rs. 48 (B) Rs. 72 (C) Rs. 84 (D) Rs. 120
Last Answer : Answer: Rs. 120
Description : Share Premium received by a Company may be used for– (A) Payment of dividend (B) Payment of remuneration to management (C) Issue of Bonus shares (D) None of these
Last Answer : Answer: Issue of Bonus shares
Description : When the existing companies raise additional funds by issue of shares to the existing shareholders in proportion to their existing shareholdings, it is called– (A) Buyback of shares (B) Issue of shares at premium (C) Issue of shares at discount (D) Right shares issue
Last Answer : Answer: Right shares issue
Description : Disinvestment of shares means– (A) To sale the shares of private company to public (B) To sale the shares of public company to the public (C) To sale the shares of Government company to the public (D) To sale of shares by holding company to its subsidiary company
Last Answer : Answer: To sale the shares of public company to the public
Description : What is Capital Redemption Reserve Account available for ? (A) Redemption of redeemable preference shares (B) Redemption of redeemable debentures (C) Reorganization of share capital (D) Issue of fully paid bonus shares
Last Answer : Answer: Issue of fully paid bonus shares
Description : In a Private Company there are restrictions regarding– (A) Transfer of shares (B) Issue of prospectus (C) Number of members (D) All of the above
Last Answer : Answer: All of the above
Description : The amount deposited in Securities Premium Account can be used for– (A) Distributing profits (B) Issue of Bonus Shares (C) Paying the amount to director (D) None of the above
Last Answer : Answer: Issue of Bonus Shares
Description : The profit of a company (whose capital is divided into 25‚000 shares of Rs. 10 each) for the last three years are : Rs. 50‚000; Rs. 60‚000 and Rs. 40‚000. The fair return on investment is taken at 10% p.a. The value of company’s share will be– (A) Rs. 10 (B) Rs. 20 (C) Rs. 30 (D) Rs. 40
Last Answer : Answer: Rs. 20
Description : X Limited forfeited Ram's 20 shares of Rs. 10 each on which Rs. 7 is called up. Ram had paid application and allotment money of Rs. 5 per share. Of these forfeited shares 15 shares were reissued to Hari as fully paid up ... to Capital Reserve account ? (A) Rs. 15 (B) Rs. 20 (C) Rs. 75 (D) Rs. 100
Last Answer : Answer: Rs. 15
Description : X Ltd. purchased a car from Maruti Udyog Ltd. for Rs. 5,00,000. As per agreement Rs. 80,000 was to be paid in cash and the balance by issue of shares of Rs. 10 each at a premium of Rs. 5 per share. How many ... . for the car ? (A) 30,000 shares (B) 29,000 shares (C) 28,500 shares (D) 28,000 shares
Last Answer : Answer: 28,000 shares
Description : XYZ Ltd. issued 10,000 shares of Rs. 100 each at Rs. 120 per share with Rs. 25 on application, Rs. 45 on allotment including premium, Rs. 20 on first call and Rs. 30 on final call. Govind who held 200 shares did not pay ... forfeiture ? (A) Rs. 14,000 (B) Rs. 10,000 (C) Rs. 9,000 (D) Rs. 4,000
Last Answer : Answer: Rs. 10,000
Description : Share premium account can be used for– (A) Paying tax liability (B) Meeting the cost of issue of shares or debentures (C) Paying Dividend on shares (D) Meeting the loss on sale of old asset
Last Answer : Answer: Meeting the cost of issue of shares or debentures
Description : A company limited by shares has to call the statutory meeting within a period of not less than one month and not more than six months. This period is counted with reference to which one of ... date of actual receipt of certificate of incorporation (D) The date of actual commencement of business
Last Answer : Answer: The date at which the company is entitled to commence business
Description : The liability of the shareholders of a public limited company is limited to the extent of– (A) Par value of the share (B) Paid up value of the shares (C) Market price of the shares (D) Intrinsic value of the shares
Last Answer : Answer: Paid up value of the shares
Description : A company invited application for subscription of 5,000 shares. The application were received for 6,000 shares. The shares were allotted on pro-rata basis. If X has applied for 180 shares how many shares would be allotted to him ? (A) 180 shares (B) 200 shares (C) 150 shares (D) 175 shares
Last Answer : Answer: 150 shares
Description : Which of the following companies do not have the obligation to get its Articles of Association registered along with the Memorandum of Association ? (A) Public Company limited by shares (B) Unlimited companies (C) Private companies limited by shares (D) Companies limited by guarantee
Last Answer : Answer: Public Company limited by shares
Description : General Insurance Corporation of India was set up in– (A) 1956 (B) 1972 (C) 1980 (D) 2000
Last Answer : Answer: 1972
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 CPA in public accounting is prohibited from performing which of the following actions? a. Permit the publication of his being the author of a book. b. Be a party to a stratagem which permits a non ... his wife to acquire shares in a corporation's capital stock. d. Act as a stock and transfer agent
Last Answer : Be a party to a stratagem which permits a non-CPA to practice accountancy
Description : Censorship of the press is - (1) Prohibited by the Constitution (2) Judged by test of reasonableness (3) Restriction on freedom of the press mentioned in Article 19 (4) Specified in Article 31 of the Indian Constitution
Last Answer : (2) Judged by test of reasonableness Explanation: Censorship of the press is judged by test of reasonableness.
Description : When did the the first live telecast of Railway budget took place A. 1994 B. 1998 C. 2002 D. 2006
Last Answer : A [1994] Explanation: John Mathai presented the first Railway Budget for independent India in November 1947. The first live telecast took place on 24 March 1994.
Description : In March 2001 George Bush announced rejection of Kyoto Protocol of: (a) 1995 (b) 1996 (c) 1997 (d) 1998 (e) None of these
Last Answer : (c) 1997
Description : When was the last major earthquake in India a) 27th JAN, 2001 b) 26th JAN, 2001 c) 27th FEB, 2002 d) 28th APRIL, 2004
Last Answer : b) 26th JAN, 2001
Description : One India one rate service in speed Post was introduced on a) 21 Aug 2006 b) Jun 2005 c) 1st Apr 2001 d) Aug 2002
Last Answer : a) 21 Aug 2006
Description : What day of the week was 16 October 2002?
Last Answer : It was a Wednesday.
Description : According to 1998 census the density of population in Balochistan Province is: A. 16 Persons per Sq. Km B. 18 Persons per Sq. Km C. 22 Persons per Sq. Km D. 31 Persons per Sq. Km
Last Answer : ANSWER: B
Description : According to 1998 census the density of population in Balochistan Province is: A. 16 Persons per Sq. Km B. 18 Persons per Sq. Km C. 22 Persons per Sq. Km D. 31 Persons per Sq. Km 15
Description : The phrase WEAPONS OF MASS DESTRUCTION entered widespread usage in? a. 2003 b. 2001 c. 2002 d. 2004
Last Answer : a. 2003
Description : Speed Post service launched a) 1st Apr 1999 b) 1st Aug 1986 c) 1st Apr 2001 d) Aug 2002
Last Answer : b) 1st Aug 1986