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Question 1

As per rule 69 of doubling, what is the doubling period if rate of interest is 9%

Options :

A : 8.01 years

B : 8 years

C : 8.4

D : 8.1

Answer: A

Question 2

________ & ________ are functions of IMF

Options :

A : Surveillance, Technical assistance

B : Financial Assistance, improving living standards

C : Surveillance, United nations development business

D : None of the above

Answer: A

Question 3

Rapid accumulation stage suggests that the net worth is ________

Options :

A : 1 times of annual income

B : 2 times of annual income

C : 3 times of annual income

D : 4 times of annual income

Answer: C

Question 4

Alok a 28 years old person has joined SABH on 1/07/2006. His monthly salary (net salary) after deduction is payable Rs. 22500/. His monthly expenses details are as follows:

Assume Alok takes a flat on rent from 01 /07/2006. On 01 /07/2006 he has cash in hand Rs. 1450/-. He starts paying insurance premium from October @ Rs. 2500/- pm. His investments in Mutual fund SIP are Rs. 3000/-pm for a 6 month period. What will be his cash in hand on 31/03/2007.?

Options :

A : Rs.72150/-

B : Rs.83150/

C : Rs.69070/-

D : None of the above

Answer: C

Question 5

Default risk is

Options :

A : Borrower may not pay principal in time

B : Borrower may not be able to sell the security easily

C : Fluctuation in price due to change in interest rate

D : All of the above

Answer: A