1.Bank R was set up in 2005 and doing banking in Australia. The bank is

confronting DO OR DIE circumstance. There are issues of Gross NPA (Non

Performing Assets) at 96.888% and CAR/CRAR (Capital Adequacy Ratio/

Capital Risk Weight Asset Ratio) at 4.6347%. The total assets of the bank isn$t

great. Offers are not exchanged consistently. A week ago, it was exchanged @ $19.668 for every

share.

RBI Audit recommended that bank has either to exchange or to converge with other

bank.

Bank P is expertly overseen manage an account with low gross NPA of 16.65%.It has Net

NPA as 0% and CAR at 16%. Its offer is cited on the lookout @ $ 19.9928

per share. The governing body of bank $P$ has presented a proposition to

RBI for take over of bank $R$ based on share trade proportion.

The Balance Sheet subtleties of both the banks are as per the following:

Amt. In $ millions

Settled up share capital

Stores and Surplus

Stores

Different liabilities

It was chosen to give shares at Book Value of Bank $P$ to the investors of

Bank $R$. All resources and liabilities are to be taken over at Book Value.

For the trade proportion, loads allocated to various boundaries are as per the following:

Net NPA

(a) What is the trade proportion dependent on above loads?

(b) what number offers are to be given?

(c) Prepare Balance Sheet after consolidation.

(d) Calculate CAR and Gross NPA % of Bank $P$ after consolidation.

2.X Offers by a Letter to offer his vehicle to Y for $ 95,000. Y at the some time, offers by a letter to

purchase X's vehicle for $ 15,000. The two letters cross each other in the post. Is there a finished up

contract among X and Y ?

a) Yes, there is a finished up agreement among X and Y.

b) No, solitary intersection of offe$

c) Can't say

d) None of these.

3.S offers to sell B his vehicle for $ 50,000. T, standing close by, says," I will take it if B doesn't

take it. B isn't keen on the vehicle. What will be the position if T says to S "Here is the

cash, I take the vehicle."

a) There is an agreement among S and T

b) There is no agreement among S and T

c) S might acknowledge the offer.

d) Both b) and c).

4.Which one of the accompanying assertion is valid ?

a) Offer and acknowledgment are revocable

b) Offer and acknowledgment are unavoidable.

c) An offer can be renounced however acknowledgment can't

d) An offer can't be renounced however acknowledgment can be disavowed.

5.P promotes in a day by day paper that he will give a prize of $ 1,000 to the main individual to

swim the English channel and back during the long stretch of August. F, who has perused the

commercial, sets off from Dower on first August and arrives at the shoreline of France on second

Eminent. On that day, a further commercial shows up in a similar paper expressing that

the proposal of the prize has been with drawn. On third August F finishes the return swim to

Britain. Would f be able to recuperate the prize ?

a) Yes, as the subsequent promotion is incapable undoubtedly.

b) No, as the offer was revocated.

c) F can just guarantee for harms.

d) None of the abovementioned.

6.The Communication of acknowledgment through phone is viewed as complete when :

a) Acceptance is spoken on telephone.

b) Acceptance goes to the information on party proposing.

c) Acceptance is placed in course of transmission.

d) Acceptance has done whatever is needed to be finished by him.

7.An barker notice in a paper that an offer of office furniture would be held at

Delhi. A representative of Bombay, arrived at Delhi on the selected date and time. However, the

salesperson pulled out all the furniture from the closeout deal. The representative sues him for his misfortune

of time and costs. Will he succeed ?

a) Yes, he will succeed. c) Can't say

b) No, he won't succeed, d) None of these.

8.Which one of the accompanying falls into the class of offer ?

a) Newspaper ad in regards to deal.

b) Display of merchandise by a businessperson in his window with costs set apart on them

c) A commercial for a show.

d) Announcement of remuneration to people in general.

9.A sees an article checked "Value Rupees Twenty" in B's shop. He offe$ B $ 20 for the

article. B. won't sell saying the article isn't available to be purchased. Exhort A. :

a) A can't drive B to sell the article at $ 20

b) A can drive B to sell the article at $ 20.

c) A can guarantee harms

d) A can sue B in the Court.

10.Which one of the accompanying assertion is erroneous ?

a) Oral acknowledgment is a substantial acknowledgment.

b) Mere quietness isn't acknowledgment

c) Acceptance should be imparted

d) Acceptance may not be in the recommended way.