June 2012 - Paper 3

46:  

There are two lists of items, match the items of List - I with items of List - II :

               List - I                             List - II

I. Reserve Bank of India    1. NPA

II. EXIM Bank                      2. Facilitating Small Scale Industries

III. SIDBI                              3. Credit Control

IV. Capital Adequacy       4. Export/Import Financing

A.

Codes:

I II III IV

1 2 3 4

B.

Codes:

I II III IV

4 3 2 1

C.

Codes:

I II III IV

2 3 4 1

D.

Codes:

I II III IV

3 4 2 1

 
 

Option: D

Explanation :

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47:  

Factoring and forfeiting have not taken off in the Indian economy due to lack of expertise and experience. One is not included in the factoring services rendered.

A.

Purchase of book debts and receivables

B.

Prepayment of debts partially or fully

C.

Giving advice

D.

Covering the credit risk of the suppliers

 
 

Option: C

Explanation :

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48:  

Which of the following is not included in the assumptions on which Myron Gordon proposed a model on stock valuation?

A.

Retained earnings, the only source of financing

B.

Finite life of the firm

C.

Taxes do not exist

D.

Constant rate of return on firm's investment

 
 

Option: B

Explanation :

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49:  

For testing of hypothesis H0 : M1 = M2 and H1 : M1 < M2, the critical value of Z at 5% level of significance when size of sample is more than 30 is

A.

1.96

B.

2.32

C.

1.645

D.

2.5758

 
 

Option: C

Explanation :

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50:  

What is the correct sequence of the following actions required for the preparation of financial accounts?

(i) Trading accounts

(ii) Making adjusting entries

(iii) Balance Sheet

(iv) Profit and Loss Account

Select the correct answer from the codes given below :

 

A.

(iv), (ii), (i), (iii)

B.

(ii), (iv), (ii), (i)

C.

(ii), (i), (iv), (iii)

D.

(iv), (ii), (iii), (i)

 
 

Option: C

Explanation :

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