All the following functions are associated with commercial bank except that

June 13, 2021 by admin

Question:

All the following functions are associated with commercial bank except that

Commercial Bank cannot issue Paper Notes

Commercial Bank acts as a Banker to the Government

Commercial Banks are mostly privately – owned and privately – managed

to accept Deposit from the Public is the most important function of a commercial bank

Answer» a. Commercial Bank cannot issue Paper Notes

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

In economic theory the term “means” refers to

June 13, 2021 by admin

Question:

In economic theory the term “means” refers to

Resources

Arithmetic mean

A characteristic

None

Answer» a. Resources

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

The minimum paid-up capital for a Public company is:

June 13, 2021 by admin

Question:

The minimum paid-up capital for a Public company is:

` 3lakhs

` 4lakhs

` 5lakhs

None of the above

Answer» d. None of the above

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

Which of the following agency is irrevocable under The Indian Contract Act, 1872?

June 13, 2021 by admin

Question:

Which of the following agency is irrevocable under The Indian Contract Act, 1872?

Agency for fixed period

Agency for single transaction

Agency coupled with interest

Continuing agency

Answer» c. Agency coupled with interest

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

Where the endorser does not want that the endorsee or any other holder to incur anyexpense on his account is called

June 13, 2021 by admin

Question:

Where the endorser does not want that the endorsee or any other holder to incur anyexpense on his account is called

Restrictive endorsement

Sans frais endorsement

Conditional endorsement

Unwanted endorsement

Answer» b. Sans frais endorsement

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

SIDBI is a subsidiary bank of

June 13, 2021 by admin

Question:

SIDBI is a subsidiary bank of

IDBI

SBI

HDFC

ICICI

Answer» a. IDBI

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

Which one of the following is not a cost unit?

June 13, 2021 by admin

Question:

Which one of the following is not a cost unit?

Kilo watt hour

Credit division

Patient day

Tonne-mile

Answer» b. Credit division

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

Which of the following is an example of an intermediate goods.

June 13, 2021 by admin

Question:

Which of the following is an example of an intermediate goods.

A Tata Indica sold by a dealer of second hand car

Steel and cement used to construct a flyover

Farming crop purchased by FCI

All the three

Answer» b. Steel and cement used to construct a flyover

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

Under Employee’s State Insurance Act, 1948, the term of the office of the members ofMedical Benefit Council shall be

June 13, 2021 by admin

Question:

Under Employee’s State Insurance Act, 1948, the term of the office of the members ofMedical Benefit Council shall be

2 Years

4 Years

5 Years

10 Years

Answer» b. 4 Years

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

If nP4 = 30 x nP2, then the value of n is

June 13, 2021 by admin

Question:

If nP4 = 30 x nP2, then the value of n is

Answer» b. 8

Note:

The above multiple-choice question is for all general and Competitive Exams in India.