1. 'Euro' is the official currency of

1. 1. all the States of Europe

   
   
   

   2. all the States of the European Union

   
   
   

   3. only 12 of the States of the European Union

   
   
   

   4. only 10 of the States of the European Union

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: B

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2. Long term funds in the capital market can be raised either by borrowing from certain institutions or through

1. 1. issue of note

   
   
   

   2. taking loan from Government

   
   
   

   3. Issue of securities

   
   
   

   4. taking loan from foreign institutions

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: C

   N/A

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3. The balance of payments

1. 1. is also affected by capital movements

   
   
   

   2. is never affected by capital movement

   
   
   

   3. northing can be slid in this regard

   
   
   

   4. the balance is not concentrated with capital

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: A

   N/A

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4. The basis of determining dearness allowance (d.a.) to Government employees in India is

1. 1. National Income

   
   
   

   2. Consumer Price Index

   
   
   

   3. Standard for living

   
   
   

   4. Per Capita Income

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: B

   N/A

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5. Lot of discussion is going on these days on the issue of 'Participatory Notes' (P Notes) used in financial sector/money market. What is a Participatory Note?

1. 1. It is an offshore derivative instrument used by overseas buyers/investors who shares of Indian companies listed in Indian Stock Exchange amonymously

   
   
   

   2. It is nothing but another name of the banking operation by which banks exchange Indian Rupees into US Dollars without depositing a single rupee in the account of the part who are NRIs. The entire Operation is carried out by the banks solely on the basis o

   
   
   

   3. It is nothing but a type of undertaking given to the banks that they should continue investing money in stock markets on behalf of NRIs and in case the market crashes NRIs will make the losses good without delay

   
   
   

   4. All the above

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: A

   N/A

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