43. NIFTY is based on the value of scrips Listed in :
ट (^) National Stock Exchange (3) பாண
(C) Bombay Stock Exchange (D) Cochin Stock Exchange
44 TFire Insurance Contract is a contract of :
(ಯ) Assurance (7) Indemnity
(C) Loss (D) Wager
45. Mr. A entered in to a Contract with Mr. B for the sale of a building for Rs. 20 Lakhs. Before
the exccution date, the building collapsed due to earth quake. Then, the contract is :
(^) Valid (B) Enforceable
(¢) Voidable (D) Void
46. Nephew of Mr. X is missing. He gave a public promise that any one who can find the missing
nephew and informing him will be paid an amount of Rs. 10,000. Mr. Y the servant of Mr. X,
without knowing the promise, fetch the boy and handed over to Mr. X. Then, Mr. X refuses to
pay the promised amount. In this case which of the following statement is correct?
(ക) Mr. Y is not entitled to get the amount
(8) Mr. Y is entitled to get the amount
(0) Mr. Y can sue and get the amount
(D) Nephew is to pay the amount
47. MBRBP stands for :
(ಗ) Member Broker Plans (8) Management backed Project
(¢) Multy Banking Partner (D) Maximum Borrowing Power
48, ೯೦೫ in totaling and balancing is an example of :
(A) Error of Ommission (B) Error of Commission
(C) Compensating Errors (D) Error of Principle
49. SAP stands for :
(4) Standard Auditing Practices (B) Standard Accounting Practices
(€) Sectional Accounting Practices (D) Sectional Auditing Practices
50. Recording transactions in the ledger is called :
(ക) Book-keeping (8) Accounting
(C) Posting (D) Balancing
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