PTA stands for

A. Parent Teacher Association

B. Preferential Trading Area

C. Preferential Transportation Assembly

D. Payment Trade Ambit

Which of the following is not correct in relation to ETFs?

A. ETFs provide exposure to an Index or a basket of securities that trade on the exchange like a single stock

B. ETFs can be bought and sold on the exchange at prices that are usually closer to the actual intra –day NAV of the scheme

C. ETFs trade very close to their actual NAVs

D. Intra Day trading of ETFs is very expensive

A kind of lease in business organisations wherein the lesssor and lessee agree to a payment schedule (normally some months) have no payment and penalty

A. Sub-lease

B. Pre-Paid Purchase Lease

C. Skip Lease

D. True Lease

Which of the following is a type of Demand Deposit?

A. Fixed Deposit

B. Savings Account

C. Recurring Deposit

D. FCNR account

Joint account with a resident is permitted in case of

A. NRO A/c

B. FCNR

C. NRE

D. All of the above

Doubling period is equal to

A. 0.35+ (69/interest rate)

B. 3.5+ (69/inflation rate)

C. 0.035+ (69/interest rate)

D. 35+(69/interest rate)

______ holds that the exchange of currencies should be determined not by state institutions but by individuals in the market.

A. Liberal view

B. Social democratic view

C. Neo classical view

D. Classical view

As per Hindu succession Act 1956 following person is not considered as a class I heir of the person who dies intestate

A. Widow

B. Mother

C. Father

D. Son/Daughter

First step in developing a Wealth Management Plan is

A. Identify goals and objectives

B. Identify and clarify the current situation

C. Analyze problems and solutions

D. Implementation of solutions

IFSC stands for:

A. Inter-bank Financial Sector Code

B. Inter-bank Funds Settlement code

C. Inter-bank Financial Service Code

D. None of the above

Government has changed certain industries related regulation in Parliament, it is an example of:

A. Interest rate risk

B. Political risk

C. Market risk

D. None of the above

Intrinsic value of a stock is

A. As reflected in share price

B. As justified by assets, earning & dividends

C. As reflected by book value

D. As reflected by P/E