Professional Documents
Culture Documents
Class _______________________________________________
1. A ______________ mutual fund contains instruments with the lowest default risk and the highest interest rate risk. A. Gilt B. Income C. Liquid D. Ultra short-term bond
2. The term convexity pertains most to __________. A. Equities B. Fixed deposits C. Gold ETFs D. Bonds
3. Gold ETFs in India largely have the same characteristics. However, which one of these is the odd one out with respect to the quantity of gold each unit? A. Benchmark B. Reliance C. Quantum D. UTI
4. Which mutual fund is proposing to launch the NASDAQ 100 Index ETF in India? A. Motilal Oswal B. Pramerica C. AIG D. Benchmark
5. ____________ statement is incorrect with respect to currency futures contract traded on the National Stock Exchange. A. The minimum contract size is $1,000 B. The maximum maturity is 12 months C. Only currency traded is dollars D. The contracts are cash-settled in Indian rs.
7. Suman wins Rs. 24,000 in a lottery. While claiming the same, she notices that a sum of Rs. ______ has been deducted. A. 6,000 B. 8,000 C. 10,000 D. 12,000
8. John secures admission into IIM-Ahmedabad and borrows Rs. 10 lakh from his father for fees. He repays him Rs. 10,000 each month for the financial year ended March 31, 2010 (Assume interest component is constant atRs. 3,000 per month). He is eligible to secure a deduction of Rs. _____ . A. 1,20,000 B. 36,000 C 84,000 D NIL
9. _________ is not an eligible expense u/s 80C of the ITA. A. Interest component of housing loan on self-occupied property B. Interest earned on National Savings Certificates C. Principal component of housing loan D. School tuition fees for two children 10. The ceiling for all eligible donations u/s 80G of the ITA 1961 is ______ per cent of gross total income (GTI). A. 5 B. 10 C. 15 D. 20
11. En Primeurs is another name for _________. A. Wine funds B. Wine futures D. Fund managers investingin wine C. IPOs of wine companies
12. ___________ is untrue regarding a demat account in the name of a minor. A. A new demat account will have to be opened when the Minor attains the age of 18 B. It is held jointly between the child and parent C. It can only be opened by either parents or court appointed guardians
17. The term "Dropline Credit" refers to ___________ A. A loan available to sub-prime borrowers B. A combination of a term loan and an overdraft C. Overdrafts given by non-banking finance companies (NBFCs) D. A loan which can be terminated at any time at the behest of the lender 18. Which of these is a true statement with regard to loan prepayments? A. They are not permitted for loans against commercial property B. There is no penalty levied for prepayment made from one's own funds C. A minimum penalty of 4% is levied for refinanced prepayments. D. Only banks and not housing finance companies (HFCs) are permitted to levy such penalty. 19. As per the Income Tax Act, 1961, "Standard Deduction" benefit is available only in the case of ____________. A. Salaries B. Business income D. Income form bank fixed deposits C. Income from house property
20. 21. R squared is a measure of the ____________ of a mutual fund to its benchmark. A. Co-relation B. Sensitivity C. Volatility D. Alpha
22. Amongst the following instruments, reinvestment of interest only in ___________ is eligible for tax benefit under Section 80C. A. Post office time deposit B. Senior citizen savings scheme C. National savings certificate D. Certain eligible bank fixed deposits 23. The term premium redirection refers to diverting the premium to ____________ . A. A new insurance policy within the same company B. A new investment option within the same policy c. A new insurance policy of another company D. Mutual funds promoted by a group company 24. In a unit-linked life insurance policy, the mortality charge is based on the _____________. A. Quantum of premium payment B. Death benefit C. Value of investments D. Higher of (a) or (b) 25. In an indemnity insurance policy, the term co-pay is synonymous with the term _______. A. Subrogation B. Contribution C. Insurable interest D. Deductible
26. Ragini who is 36 years old, has recently invested in the New Pension Scheme (NPS) and has chosen the default option. Her exposure to equities will be_____ per cent. A. 40 B. 50 C. 60 D. 70
27. The latest IRDA regulations pertaining to a minimum lock-in of 5 years, applies to _______ A. Endowment plans B. Money back plans C. Term plans
29. _________ is the largest unlisted Indian company on the basis of turnover. A. IFFCO B. BSNL C. Vodafone D. Hyundai Motors
30. Home equity loans refer to loans taken __________. A. By pledging equity shares B. Against the total value of one's house C. Against the ownership value of one's house. D. None of the above
31. The term slump sale denotes __________. A. A distress sale of products during a recession B. Sale of the entire plant for a composite amount C. Sale of loss-making ventures at a discount D. Selling your shareholdings just prior to a market crash 32. The term creation unit pertains to ______________. A. Mutual funds B. Exchange-traded funds D. Initial public offerings C. Hedge funds
33. Out of these, only ____________ enjoys the benefit of zero long-termcapital gains (LTCG) tax. A. Diversified-equity funds B. Equity fund-of-funds D. Gold exchange-traded funds C. Unlisted equity shares
34. Which is a false statement with respect to a Public Provident Fund account? A. It's a 15-year scheme which can be extended in increments of five years B. The interest rate for the same is announced every year C. Parents can invest in it on behalf of minors D. It enjoys tax benefits upto Rs 1 lakh under section 80C
36. The basic exemption limit available for an NRI aged 66 is __________. A. 1.5 lakh B. 1.6 lakh C. 1.9 lakh D. 2.4 lakh
37. __________ is the first credit rating agency to rate educational institutions in India. A. CRISIL B. CARE C. ICRA D. Fitch
38. _____________ is the largest debt fund in India as per the latest data available (December 31, 2010). A. UTI Treasury Advantage C. Reliance Money Manager B. HDFC Cash Management Treasury D. ICICI Prudential Flexible Income Premium
39. One of the pillars of the Austrian school of Economics is _______. A. Government plays a pivotal role in steering the economy B. The market mechanism cannot allocate resources efficiently C. The preference for the free market over government intervention D. That socialism practised in the West European economies is superior to the one prevailing in Eastern Europe 40. While calculating the base rate, banks do not take into account _________. A. Cost of deposits C. Repo and reverse repo rates B. Overheads cost D. Return on net worth
41. The Triffin Dilemma primarily pertains to _____ A. Interest rates B. Currency C. Population D. Agriculture
42. __________ is the largest component in the S&P 500 index. A. Exxon Mobil B. Apple C. Chevron D. General Electric
43. Mr X sells some commercial property after holding it for four years. He then invests the capital gains earned therein, in a residential property. He is eligible for tax benefits under section 54F. A. True
45. The iShares Silver Trust exchange-traded fund (ETF) is __________. A. The worlds first silver ETF C. Both A and B B. The worlds largest silver ETF D. The first silver ETF to be launched in India.
46. Who is the CEO of the Dell Inc? A. Charles Dell John Dell B. Christopher Dell C. Michael Dell D.
47. Which company has soaps brands in the market such as Dove, Pearls and Liril? A. Procter & Gamble B. Bajaj Corp C. Himalaya D. Hindustan Unilever
48. French car Renault is designing an ultra low-cost car for the Indian market in partnership with other two carmakers. While Nissan is one partner, which is the other one? A Tata Motors B. Bajaj Corp C. Maruti Udyog D. Fiat
49. Name an HCL subsidiary that was merged into HCL Technologies. A. HCL Softwares Technoparks B.HCL Infotech C. HCL Software SolutionsD. HCL
50. Kishore Biyani is the founder and CEO of which business group? A. Future Group Group B. United Group C. National Group D. Universal
51. The brand Nippon Paint, which plans to invest Rs 250 crore in India, belongs to which country? A. China B. Singapore C. Indonesia D. Japan
54. Italian fashion designer Roberto Capucci designed the blue and white uniforms with embroidered collars for the staff of which private airliner? A. JetLite B. SpiceJet C. Kingfisher D. Air Sahara
55. Name the brand under which the York winery in Nashik is exporting its wine to international market. A. Tantra B. Yantra C. Santra D. Mantra
56. Which Travel company is planning to buy UK travel firm Holidaybreaks A. Cox & Kings B. Thomas Cook C. Make my trip D. SOTC
57. V G Siddhatha is the founder head of ____________ A. Barista B. Caf Coffee Day C. Dominos D. Smokin Joes India
58. Which bank recently named Anshu Jain as Co-Chief Executive A. Deutsche Bank B. CitiBank C. Standard Chartered D. ICICI Bank
59. The car Beat is a brand of which car maker A. Maruti Suzuki B. Hyundai C. Renault D. Chevrolet
60. Which carmaker launched pre-owned cars business in Ahmedabad, to procure cars that are less than six year old, refurbish them and then sell back? A. Chevrolet B. Renault C. Mercedes Benz D. Toyota
61. Which payments network company agreed to buy DataCash Group for $ 517 million in cash to expand its commerce offerings? A. American Express B. MasterCard Financial Services C. Visa Card D. Discover
65. ______ Smile is the title by which this brand has a presence on Facebook. It encourages you to share your smile by uploading photographs. Fill in the blank with the brands name. A. Close-up B. Pepsodent C. Colgate D. Babool
66. The employees of which company have the phrase Student of Lickonomics on their uniforms? A. Mc Donalds B. KFC C. Dunkin Donuts D. Dominos
67. The Date and The Entrance are which brands ad campaigns? A. Heinikin B. Carlsberg C. Kingfisher D. Fosters
68. Which company had launched soap by the name Ganga that failed to take off in the market? A. P&G B. Hindustan Lever C. Godrej Soaps D. RSPL
69. The Brand Ghari Detergent is owned by which company? Soaps A. Hindustan Lever D. P&G B. Rohit Surfactants Private Limited C. Godrej
70. ________ is a pen brand which is been endorsed by actor Shah Rukh Khan? A. LINC B. Uni Ball C. Rotomac D. Waterman
72. Whose ad campaign and base line is Keep Climbing? A. Delta Airlines India 73. Which multinational launched an ayurvedic digestive candy brand called Chatpat Churanet in the late 1980s that failed? A. Hindustan Lever B. P&G C. GlaxoSmithkline D. Godrej B. Lufthansa C. Singapore Airlines D. Air
74. Which 2011 model car has door handles that are invisible? A. Audi A4 Cadillac CTS Coupe B. Porsche Boxter C. BMW 7 Series D. The
75. Morgan Stanley bailed out this company in 1993 when its IPO for Rs 13 crore was undersubscribed. Name it. A. Infosys B. Reliance C. Tata Steel D. BHEL
76. Which brand is sometimes informally called MickeyDs? A. KFC B. Dunkin Donuts C. Mc Donalds D. Starbucks
77. Which brand was allowed to start its sales in India in return for mangoes being permitted to be sold in the United States? A. Honda B. Kawasaki C. BMW D. Harley Davidson
78. Which brand uses the slogan The energy drink for your feet? A. Reebok Zigtech Shoes B. Nike C. ADIDAS D. Liberty Shoes
79. The scaling up of the operations of a firm called Delhi Express lead to the formation of what? A. GO Airways B. Kingfisher C. Indigo Airlines D. Air Deccan
81. Whose brand promise is Rethink Possible? A. AT &T B. Verizon C. Vodafone D. NTT DoCoMo
82. Kingfisher Red is former name of which airlines? A. Jet Airways B. Air India C. Go Air D. Air Deccan
83. Oliver Bernheim is the CEO of which Swiss luxury watch company? A. Raymond weil B. Breiling C. Swatch D. Tresor
84. Which textile company plans to operate 500 franchisee store under the H&A brand A. Raymonds Color Plus B. Bombay Dyeing C. Alok Industries D.
85. Which group of companies bought the German company Gumasol-Werke? A. Tata Group Group 86. Which food restaurant chain became the first foreign non-financial company to sell yuan denominated bonds worth $ 29 million in Hong Kong? A. KFC King 87. Which Hollywood studio agreed to sell Miramax for more than $ 660 million to Filmyard Holdings? A. Warner Bros B. 20th Century Fox C. Walt Disney D. MGM B. Mc Donalds Corp C. Dominos Pizza D. Burger B. Future Group C. Raheja Group D. Ruia
89. Name the Hollywood actor, who is the brand ambassador of Breitling, a Swiss luxury watchmaker. A. Johnny Depp B. Brad Pitt C. John Travolta D. Tom Cruise
90. Name the Italian automaker that is considering listing a part of its sports car unit, Ferrari, to raise cash in order to increase its stake in the US carmaker Chrystler? A. Fiat B. Lamborgahini C. Lancia D. Casalini
91. Which Indian company acquired Australian coal asset from Linc Energy? A. Adani Enterprises Enterprise B. Reliance Energy C. Tata Power D. A K
92. In which Indian city did the popular social networking site Facebook start its operations? A. Pune B. Hyderabad C. Delhi D. Mumbai
93. Hindustan Motors is manufacturing vehicles for which Japanese carmaker? A. Nissan B.Honda C. Mitsubishi D. Toyota
94. Han Woo Park is the MD and CEO of which carmaker? A. Chevrolet B. Mitsubishi C. Hyundai Motors D. Nissan
95. Which German carmaker holds 19.9 per cent stake in Suzuki Motor Corp? A. BMW B. Mercedes Benz C. Volkswagen D. Audi
96. Which Indian Institute of Management (IIM) is set to complete 50 years on December 11? A. IIM Bangalore B. IIM Lucknow C. IIM Indore D.IIM Ahemdabad
98. Name the $2 million company in the late 1970s for which Ross Perot, the founder of EDS, made an open offer to purchase. The owner wanted $40-60 million and the deal fell apart. A. Microsoft B. Oracle C. SAP D. Accenture
99. By what name is the Littlewoods brand better known now in India? A. Lilliput Retail chain B. Gini & Jony C. Godrej Nature Basket D. Westside, Tent
100. This vehicle developed specially for India is this companys lowest-cost model and it got its stamp of approval after the companys CEO personally drove it. It is the first car that has storage for eight bottles of water. Name it. A. Toyota`s Etios B. Ford Figo C. Hyundai I20 D. Maruti A Star