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Financial awareness Practice Questions & Answers

0 vote

What does authorize capital mean in securities market?

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What does authorize capital mean in securities market?
1). Maximum amount authorized by Ministry of corporate affairs
2).

Maximum amount authorized by SEBI


3). Maximum amount authorized by Memorandum of Association of the company
4).  Maximum amount authorized by promoters

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Preconditions for action under SARFAESI Act, 2002 are________.

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Preconditions for action under SARFAESI Act, 2002 are________.
1). The account must be NPA
2). The amount of Debt due must be above Rs. 1 lac
3). The secured asset to be enforced must not be Agricultural Land
4). All of the above

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A company that exists only on paper and has no office and no employees, it may have a bank account. These type of companies are known as?

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A company that exists only on paper and has no office and no employees, it may have a bank account. These type of companies are known as?
1). Shell companies
2). Dear companies
3). Void companies
4). Null Assets

0 vote

What does ‘B’ in BPLR stands for?

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What does ‘B’ in BPLR stands for?
1). Base
2). Banking
3). Bullion
4). Benchmark

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What are the two new schemes introduced by Foreign Trade Policy of India 2015-20?

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What are the two new schemes introduced by Foreign Trade Policy of India 2015-20?
1). EOU & EHTP
2). FMS & FPS
3). STP & BTP 
4). MEIS & SEIS