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‎09۲۷۶١۲ ۸۳۰۸۷9۴۰ ‏۸۸ا05‎
‎Question15:-Treasury Bills are short term debt instruments issued by the Govt of India are presently issued in 3 tenors namely
‘8-90 days, 181 days and 364 days
B:-92 days, 182 days and 365 days
೦-92 days, 181 days and 365 days
0-91 days, 182 days and 364 days
Correct Answer:- Option-D
Question16:-ldentify the fastest stock exchange in the world
‘AcLondon Stock Exchange
B:-New York Stock Exchange
C-Bombay Stock Exchange
ಅ Stock Exchange
Correct Answer:- Option-C
Question 7::When exchange rate in terms of domestic currency rises
‘Acimports become cheaper
B:-Exports become cheaper
CExports become costlier
D-Imports become costlier
Correct Answer:- Option-é
Question18:-For a foreign exchange of specific currency, the non-hedged position is classified as
‘As Close position
B:-Currency long position
C-Open position
D-Currency short position
Correct Answer:- Option-C
Question19:-The difference between ask price and bid price of a security or asset in stock market is known as
‘Ac Option
७.००
C-Margin
D-Spread
Correct Answer:- Option-D
Question20::Which of the following statements is/are correct about Indian Stock Exchanges?

(0). The first computerised stock exchanged in India is Bombay Stock Exchange (BSE)
il) NIFTY and SENSEX are calculated based on market capitalisation rate,

Actl only
Bl only
೦-800 | and I

D:-Neither I nor 1
Correct Answer: Option:
Question21:-1. Sir James Wilson introduced income tax for the first time in India,
2. The Income Tax Act, 1961 came into effect on 1st April 1962.
3. The Income Tax Act, 1961 applies to whole of India
‘Which among the above statements regarding income tax are correct?
Acland 2 only
B:-2 and 3 only
Col and 3 only
D:-All of the above
Correct Answer: Option-D
Question22:-1. Rebate under Section 87 A is available to a resident individual
2. Rebate under Section 87 A is not available to a non resident individual.

3. Rebate under Section 87 A is available to HUF
4, There is a ceiling on total income for claiming rebate under Section 87 A.