(i) A person can enter into a share purchase transaction on behalf of a minor.

(i) A person can enter into a share purchase transaction on behalf of a minor.
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Write a word or a term or a phrase that can substitute each of the following statements. (i) A ... (v) They can buy shares of an Indian company.
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If a MO is received payable to a minor a) It can be paid to the minor if he is old enough to understand the nature of the transaction b) When the minor is under years of discretion and is living with his parents, payment will be made to his parents on signing the MO on behalf of the minor c) When the minor is under years of discretion and is not living with his parents, payment can be made to person in whose care the minor is living on getting an undertaking d) All the above

Description : If a MO is received payable to a minor a) It can be paid to the minor if he is old enough to understand the nature of the transaction b) When the minor is under years of discretion and is living ... can be made to person in whose care the minor is living on getting an undertaking d) All the above

Last Answer : d) All the above

When an application is received for the purchase of a certificate on behalf of a minor a) The certificate should be issued in the name of the minor b) The certificate should be issued in the name of the minor c) The application should be signed by an adult purchasing the certificates on behalf of a minor d) Both B and C

Description : When an application is received for the purchase of a certificate on behalf of a minor a) The certificate should be issued in the name of the minor b) The certificate should be issued in the name of ... should be signed by an adult purchasing the certificates on behalf of a minor d) Both B and C

Last Answer : d) Both B and C

The transaction relating to the business managed by the department on behalf of the government are included in -------------------- a. Major account heads b. remittance and debt sections of the account c. None of these

Description : The transaction relating to the business managed by the department on behalf of the government are included in -------------------- a. Major account heads b. remittance and debt sections of the account c. None of these

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Mark the correct option a) Nomination cannot be made in case NSC purchased on behalf of minor. b) No fee will be charged for registration, cancellation or change in the nomination c) Tax rebate u/s 80-C will be available in NSC d) All the above

Description : Mark the correct option a) Nomination cannot be made in case NSC purchased on behalf of minor. b) No fee will be charged for registration, cancellation or change in the nomination c) Tax rebate u/s 80-C will be available in NSC d) All the above

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PPF account can be opened a) only one single b) One minor account on behalf of the minor c) A only d) Both the A and B Ans:d 97. Mark the correct option

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Last Answer : d) Both the A and B

PPF account can be opened by a) An individual adult can on his own name b) An individual on behalf of minor c) Both the A & B d) None of these

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Last Answer : c) Both the A & B

How many saving accounts can be opened by a guardian on behalf of a minor? a) Only one account can be opened on behalf of one minor by one guardian i.e either mother or father b) Only two account can be opened on behalf of one minor by both the father and mother c) No min limit d) None of these

Description : How many saving accounts can be opened by a guardian on behalf of a minor? a) Only one account can be opened on behalf of one minor by one guardian i.e either mother or father b) Only two account can be opened on behalf of one minor by both the father and mother c) No min limit d) None of these

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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'

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Mark the correct option a) Minor cannot appoint a messenger for making withdrawal from SB account b) At the time of making a withdrawal by cheque from saving account not necessary to provide pass bookc) The amount annual interest added in a saving account may not be treated as transaction in that accountd) All the above

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Last Answer : d) All the above

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Description : Enter the following transaction in simple cash book

Last Answer : Enter the following transaction in simple cash book

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(i) A business that is owned and managed by one person is called as ________

Description : (i) A business that is owned and managed by one person is called as ________

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(i) A Joint Stock company is an artificial person created by law.

Description : (i) A Joint Stock company is an artificial person created by law.

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If the property ordered to be attached is a immovable property, the attachment under this section shall be made a) By taking possession b) By the appointment of a receiver c) By an order in writing prohibiting the payment of rent on delivery of property to the proclaimed person or to any one on his behalf d) By all or any two of such methods as the court thinks fit

Description :  If the property ordered to be attached is a immovable property, the attachment  under this section shall be made a) By taking possession b) By the appointment of a receiver  c) By an order in writing ... any one on his behalf d) By all or any two of such methods as the court thinks fit

Last Answer : d) By all or any two of such methods as the court thinks fit

If the property ordered to be attached is a debt or other movable property, the attachment under this section shall be made a) By seizure b) By the appointment of a receiver c) By an order in writing prohibiting the delivery of such property to the proclaimed Person or to any one on his behalf d) By all or any two of such methods as the court thinks fit

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Last Answer : d) By all or any two of such methods as the court thinks fit

Which of the following terms best describes a living will? a) Medical directive The living will is a type of advance medical directive in which the individual of sound mind documents treatment preferences. b) Proxy directive A proxy directive is the appointment and authorization of another individual to make medical decisions on behalf of the person who created an advance directive when he/she is no loner able to speak for him/herself.

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Last Answer : a) Medical directive The living will is a type of advance medical directive in which the individual of sound mind documents treatment preferences.

)A speculator who enters into a purchase transaction with a view to sell in the near future when the price would have risen is called a - (1) Bear (2) Bull (3) Bison (4) Boar

Description : )A speculator who enters into a purchase transaction with a view to sell in the near future when the price would have risen is called a - (1) Bear (2) Bull (3) Bison (4) Boar

Last Answer : (2) Bull Explanation: Investors who take a bull approach purchase securities under the assumption that they can be sold later at a higher price. A "bear" is considered to be the opposite of a bull.

A speculator who enters into a purchase transaction with a view to sell in the near future when the price would have risen is called a (1) Bear (2) Bull (3) Bison (4) Boar

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When an account holder is making a purchase with the purchase account over the phone. When completing this transaction the account holder is responsible for all of the following tasks EXCEPT?

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When you purchase a product over a Mobile Phone, the transaction is called1 Web Commerce 2) e-Commerce 3) m-Commerce 4) Mobile purchases

Description : When you purchase a product over a Mobile Phone, the transaction is called1 Web Commerce 2) e-Commerce 3) m-Commerce 4) Mobile purchases

Last Answer : 3) m-Commerce

When you purchase a product over a Mobile Phone, the transaction is called1 Web Commerce 2 e-Commerce 3 m-Commerce 4 Mobile purchases

Description : When you purchase a product over a Mobile Phone, the transaction is called 1 Web Commerce 2 e-Commerce 3 m-Commerce 4 Mobile purchases

Last Answer : 3 m-Commerce

Transaction in which a contract for the purchase or sale of any commodity including stocks and shares is periodically of ultimately settled otherwise than by the actual delivery or transfer of the commodity or scrips is known as: a) Wagering Transaction b) Speculative Transaction c) Deemed Speculative Transaction

Description : Transaction in which a contract for the purchase or sale of any commodity including stocks and shares is periodically of ultimately settled otherwise than by the actual delivery or transfer of the ... known as: a) Wagering Transaction b) Speculative Transaction c) Deemed Speculative Transaction

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Description : Delta Air Lines wishes to purchase five new aeroplanes. Management seeks information from several aircraft manufacturers, screens the offers, and discusses price and terms of sale with the preferred company until a ... method of pricing is: A)administered. B)sealed bid. C)open bid. D)negotiated.

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Reverse Repo transaction means (a) Sale of securities by the holder to the investor with the agreement to purchase them at a predetermined rate and date (b) Sale or purchase of securities by the holder to the investor with the commitment to sell or purchase them at a predetermined rate and date (c) Sale and purchase of securities by the holder to the investor with the agreement to purchase them at the prevailing rate and date (d) Sale of securities by the holder to the investor with the agreement to purchase them at market driven rate

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Last Answer : (b) Sale or purchase of securities by the holder to the investor with the commitment to sell or purchase them at a predetermined rate and date

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Last Answer : (a) Sale of securities by the bolder to the investor with the agreement to purchase them at a predetermined rate and date.

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(i) A resolution passed by simple majority is called __________

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(i) A list of items to be transacted at the meeting.

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(i) A Directors include whole-time employment of company is called WTD.

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(i) A first secretary appointed by the promoter.

Description : (i) A first secretary appointed by the promoter.

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(i) A constitution or charter of the company.

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(i) A company shall be formed for any lawful purpose

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(i) A company incorporated outside India.

Description : (i) A company incorporated outside India.

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(i) A type of secretary appointed by an institution.

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(i) A system of book-keeping which records only one aspect of business transactions and ignores other aspects.

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(i) A system of book-keeping in which both the aspects of transactions are recorded.

Description : (i) A system of book-keeping in which both the aspects of transactions are recorded.

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(i) A Copy Right is __________ Asset.

Description : (i) A Copy Right is __________ Asset.

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1. A naturalist can study food habits and behaviour of animals in a

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(i) A temporary account opened to rectify the entry is known as suspense A/c.

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A calorie is a unit of heat and it equals 4.2 J, where 1 J = kg m^2 s^-2. A distant civilisation employs a system of units in which the units

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(i) A book of accounts in which all ledger accounts are maintained.

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(i) A bound book of Account. (ii) The credit balance of the Bank Account.

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i. A financial institution which receives deposits and lends money is called as ________

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i. A slip is used for depositing cash and cheque in the Bank account. ii. Permission to withdraw excess amount from Current Account.

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i. A company usually opens ________ account in a bank.  (a) Current  (b) Saving  (c) Recurring

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