b Distt Technical Committeec State Agri.

Depttd State Technical Committeee a or

c87 Section 31 of RBI Act permits only RBI and Central Govt. to issue/draw:a bills
payable to bearer on demand b promissory notes payable to bearer on demandc
cheques payable to bearer on demandd a & b abovee a to c88 Where the foreign
banks fail to achieve the lending target for SSI under priority sector:a they have to deposit
the amount of shortfall with NABARD b they have to deposit the amount of shortfall with
KVICc they have to deposit the amount of shortfall with RBId they have to deposit the
amount of shortfall with SIDBIe any of the above89 What is the sub-target for advances
to small scale industries by the commercial banks for unitshaving investment in plant and
machinery above Rs.25 lac ?a Minimum 40% of Net Bank Credit b Maximum 40% of net
bank creditc 40% of the SSI advancesd Minimum 40% of SSI advancese Maximum 40%
of SSI advances90 Under Know Your Customer guidelines of RBI, for which period the
records are required to bemaintained:a 1 years b 2 yearsc 4 years d 5 yearse 10 years91
A month back the dollar-rupee rate was Rs.43.90 per dollar. Now it is Rs.45.10 per dollar.
Whoamong the following is the gainer:a who exports b who importsc who has to make
outward remittanced who moves for a visit abroade none of the above92 Dollar has
shown increase in its value compared to Indian rupee. Which of the followingwould be true ?
a Exports from India will go up b Imports into India will become costlyc Trade with other
nations will be reducedd b or ce None of the above93 Interest and principal can be
repatriated by an NRI, in the following accounts ?

a FCNR b NREc EEFC d a & be all the aboveThe following data is taken from the
balance sheet of a firm:Capital and Reserves 50Bank term loan 50Bank cash credit
50Current liabilities 50Fixed Assets 70Preliminary expenses 10Cash/Bank balance
20Stocks 60Book debts 30Prepaid expenses 10Sales 300Profit 10On the basis of
above information:94 What is the net worth:a 50 b 45c 40 d 30e 2095 What is the
current ratio:a 1.5:1 b 1.33:1c 1.20:1 d 1.10:1e 1.00:196 What is the acid test ratio (quick
ratio)a 0.25:1 b 0.50:1c 0.75:1 d 0.80:1e none of the above97 What is the debit equity
ratio?a 3:1 b 2:1c 2.25:1 d 1.25:1e 1:198 What is the total indebtedness ratio:a 6:1 b 4.25:1c
4.0:1 d 3.75:1e 3.25:199 What is the stock turnover ratio?a 3 times b 4 timesc 5 times d 6
timese none of the above

100 What is the debtors velocity ratioa 2.1 months b 1.60 monthsc 1.20 monthsd 1.09
monthse 1 months
Answers : Test No. 0301 a 02 b 03 c 04 e 05 e 06 c 07 a 08 d 09 c 10 e 11 b 12 b 13 b 14
a 15 c 16 e 17a 18 d 19 e 20 a 21 d 22 d 23 b 24 c 25 d 26 c 27 a 28 d 29 d 30 b 31 a 32 b 33
b34 a 35 d 36 a 37 a 38 a 39 b 40 d 41 a 42 c 43 d 44 d 45 a 46 e 47 c 48 d 49 a 50c 51 c
52 b 53 b 54 c 55 d 56 d 57 d 58 b 59 a 60 b 61 d 62 d 63 e 64 c 65 c 66 c67 b 68 a 69 d
70 a 71 b 72 b 73 a 74 a 75 a 76 d 77 e 78 c 79 c 80 e 81 e 82 c 83c 84 d 85 b 86 b 87 d 88
d 89 e 90 d 91 a 92 b 93 d 94 c 95 c 96 b 97 d 98 d 99 c100 c