1. Delta Ltd. has imported product to the level of US$ 1.524 millions. The portion terms are 30 days

sans interest credit. For additional credit of 90 days, premium at the speed of 19.85% p.a. will be

charged.

The agent of Delta Ltd. has offered a 30 days credit at the speed of 17.5% p.a. Their assertion for

the new exchange is according to the accompanying:

Spot rate US$ 62.50

60 days forward rate US$ 63.15

90 days forward rate US$ 63.45

Which one of the going with choices would be better?

(I) Pay the supplier on 60th day and benefit bank advance for 60 days.

(ii) Avail the supplier's proposition of 90 days credit.

2.Karta's obligation is :

a) Limited c) Limited by ensure

b) Unlimited d) None of the abovementioned.

3.What is the greatest number of accomplices in any organization firm ?

a) 10 (in financial business)

b) 20 (business other than banking business)

c) Both a) and b)

d) No cutoff.

4.Mutual organization is a significant component of :

a) HUF c) Partnership

b) Joint Stock Company d) Co-employable Society.

5.Company have a ceaseless progression and work under a typical seal. This assertion is :

a) True c) Partly True

b) False d) Partly False.

6.Company is overseen by investors :

a) True c) Can't say

b) False d) None of the abovementioned.

7.Statutory body is a body that is made under an Act sanctioned by

a) Association of individuals c) Both a) and b).

b) Association of clergymen. d) Judiciary.

8.RBI is an illustration of :-

a) Departmental endeavor c) Governmental endeavor.

b) Statutory company d) None of these.

9.In which of the accompanying, the responsibility for is reflected by responsibility for or

stock?

a) HUF c) Corporations

b) Partnership d) Trusts.

10.Statutory Body is a mix of :-

a) Public Ownership and responsibility.

b) Public proprietorship and business the board.

c) Public and private proprietorship.

d) Public proprietorship, public responsibility and business the executives