Finance

SBI

'Nai Disha' which heaped a lot of praise for its work in the field of Human Resource management is an initiative of which bank

Special

A __ resolution authorising the issue of seat equity shall be valid for making the allotment within a period of not more than 12 months from the date of passing such resolution

1 lakh

A company may pay a sitting fee to a director (including ID or Woman Director) for attending meetings of the Board or committees as decided by the Board of directors but which shall not exceed ........... per meeting of the Board or committee:

Sweat Equity

A company shall maintain a register of___ shares in the form SH3 and these shares shall be non transferable for 3 years from the date of allotment.

integrated accounting system

A means by which accounting info about a company's activities is identified, measured, recorded, and summarized so that it can be communicated in an accounting report

7

A person can be a Independent director in __ companies assuming he is not a whole-time director in any company

Plain Vanilla Currency Swap

A plain vanilla currency swap is one where you pay floating USD and receive fixed foreign currency.

Maharastra

According to Report -Basic Statistical Return on Credit by Scheduled Commercial Banks in India - March 2020 Released by RBI - credit utilisation was the highest in ___(23.9 per cent), followed by national capital territory (NCT) of Delhi (13.0 per cent) and Tamil Nadu (9.3 per cent

CRISIL

According to a recent report by ____ , the credit ratio for the corporate segment has been at the lowest in April- Sep 2020 quarter in the last decade

1,25,000

According to provisions of IT act, 1961, an individual can claim deduction from his gross total income n respect of expenditure for medical treatment of a dependent, being a disable person with a max limit of _____ .

Clearcorp

All the Repo market transactions should be traded or reported on __ Repo order matching system ( CROMS)

IEPF

Amount received from disgorgement or disposal of securities shall be credited to ____

Gordon Growth Model

An economic model to compute the value of a stock assuming the stock will have constant dividend growth. Gordon Growth Model = D1/(r-g).

Composite issue

An option of allotment in both public and rights issue to be made simultaneously

Alternate

An__ director can be appointed in place of a director who has been absent for a period not less than 3 months from India

independent

An____ director cannot be appointed in more than 5 companies at a time

Credit

Any private/public sector co. wishing to raise money through the CP market has to meet the -__ __Rating not lower than P2 or its equivalent - by Credit Rating Agency approved by RBI

48

Application under the section ___ (Variation of shareholders rights) shall be made within 21 DAYS after the date on which the consent was given or the resolution was passed, as the case may be, and may be made on behalf of the shareholders entitled to make the application by such one or more of their number as they may appoint in writing for the purpose

70%

As per ES 2021-21, the central Govt debt accounts for __ of the total public debt of the general Govt.

129

As per Sec___, at AGM , BOD should pay financial statements before the company

capital reserves

Balance of forfeited shares related to re issued shares should be treated as capital profits and is transferred to

35000

Budget 20221-2 allocated ____ for Covid Vaccine

DRHP

Companies proposing to issue __ shall file with the registrar at least 3 days to the opening of a Subscription list

18%

Company shall be Liable to pay simple interest

foreign currency convertible bonds

Corporate bonds issued by Indian company to investors who have the option to redeem on maturity or convert the bond into equity during the period of bond.

retail

Cut off" option is available for only large _____investors which indicates their willingness to subscribe to shares at any price discovered within the price band

Discipline

FLW ( financial literacy week) Feb 8-12 observed by RBI with theme- Credit ___ and credit from formal institutions

6.8%

Fiscal deficit target for the year for FY22

6

Further offer of buyback shall not be given within ___ months of closure preceding offer of buyback

Bullion

IFSCA notifies International Financial Services Centres Authority (___ Exchange) Regulations, 2020

Embedded option risk

If a borrower repays a pre-matured loan, a bank may have to deal with the ____

3

In case of Private placement, return of allotment shall be filed with ROC within 15 days using form PAS -__

Buyback

In case of __, a copy of resolution passed, to be filed with SEBI and stock exchanges within 7 days of passing the resolution

5

In case of a non government company, the auditor, if individual, can be appointed for a maximum period of ........... Years

15 days

In the event of non-receipt of minimum subscription, all application monies received shall be refunded to the applicants not later than ...... from the closure of the issue:

B2B

India's first ___crypto trading exchange 'DigitX' starts operations and works on Blockchain & Distributed Ledger Technology

expenditure multiplier

Keynesian concept that asserts that a change in autonomous spending causes a more than proportionate change in real GDP

25 %

Maximum buyback I'd capped at __ from reserves and capital .

Embedded Value

Measure of the expected value of a book of business (e.g., a product line) derived by taking the present value of projected future net cash flows and changes in reserves

1 crore

Ministry of Corporate Affairs (MCA), has announced that CARO, Companies (Auditor's Report) Order, 2020 would come into effect from financial years FY2021 for companies whose borrowings are less than ___ at anytime during a FY.

Nifty 50

NSE launched Nifty Financial Services index has a 94% correlation with the ___ Index and 98% with the Nifty Bank index.

75%

New preference shares are issued only if _ of the shareholders it unredeemed preference shares give their consent to

Jayant Sinha

Parliamentary panel headed by ___ bats for abolishing LTCG on startup investments

Short term

Provision for Income tax is a___ provision under Sec III of companies Act, 13

24

Proxy Advisors Which are Independent research Outfits shall alert clients, within ___ hours of receipt of information, about any factual errors and any impending material revisions to their reports.

NBFC

RBI restricts fresh investors from jurisdictions that feature in FATF's list of high-risk countries or those placed under monitoring should hold less than the threshold of 20% of the voting power in an ____ .

Regulation S

Recently (January 2021), State Bank of India (SBI) has concluded the issuance of USD 600 million from bonds ( Maturity of 5.5 yrs and 1.8% Semi annual Interest ) under ____ to fund the expansion of the overseas business

R Chandrasekaran

Recently (November 2020), IRDAI has sets up a panel to revisit retail business of engineering tariff. Who among the following is the head of this panel

Luxembourg

Recently, India International Exchange (India INX) partnered with ___Stock Exchange to promote green finance in the local market

Talentsprint

Recently, NSE Academy, the education arm of the National Stock Exchange (NSE), has acquired majority stake in ____________, a tech-enabled education platform for working professionals backed by Nexus Venture Partners

Monthly

Recently, SEBI allowed exchanges dealing with Agri-commodity derivatives to utilize the fund created for Farmers, FPOs and reveal the details of the corpus in the ____developmental report

65%

Recently, SEBI has introduced a 'flexi-cap category' for mutual funds (MFs), which will be required to invest at least ___ of the corpus in equity but will have no restrictions on investing in large-, mid- or small-cap company stocks.

Amortized Cost Method

Reports investments in debt securities held to maturity at cost minus any premium or plus any discount.

RBI

SAARCFINANCE is a network of central bank governors and finance secretaries of the SAARC region. The ___is the current chair of SAARCFINANCE.

IPO

SEBI announced to have a separate specialised department, corporate Finance Investigation Department which will detect possible irregularities in the utilisation of net proceeds from ___ and even do forensic accounting of such firms

2021

SEBI changed the product labelling norms, Introducing " High risk" for the Rs 27-trillion mutual fund industry effective 1 Jan ___

100

SEBI eases profitability criteria for Sponsors to AMC but they need to have net-worth of not less than Rs ___ crore for the purpose of contribution towards the net-worth of the Asset Management Company (AMC).

1500

SEBI has also asked NSE to increase the size of its IPF corpus to Rs ___crore in order to protect the interests of investors in the light of broker defaults

Deemed Prospectus

Shelf prospectus along with information memorandum shall be termed as __

July 2020

The Reserve Bank of India has recently announced in February 2020 that it would launch a Digital Payments Index (DPI) by ____________.

500 crore

The company issue shelf prospectus should have her worth more than __

dividend

The government had asked 23 state-run firms to either meet their targets for capital expenditure of 1.65 trillion rupees ($22.5 billion) or reward the shareholder in the form of a _______ .

15

The maximum number of directors which can be appointed in a Government Company

1 Lac

The minimum contract size for the mini derivative contract on Index (Sensex and Nifty) is Rs.___ at the time of its introduction in the market

5 Lakh

The minimum paid up capital required for registration of a Private Company under Companies Act 2013

21

The new reporting regime of companies ( Annual report's order )CARO 2020-which was introduced by MCA in consultation with National Financial Reporting Authority in February 2020 would come under effect from April 1, 20__

fair value option

The recording of financial assets or financial liabilities at fair value, with unrealized holding gains and losses reported as part of net income.

14

The shares of the company can be forfeited after giving a notice for ___ days

14

To tide over temporary Mismatches, the RBI provides WMA to state govt which can be in overdraft mode for a max period of __ consecutive working days with a limit of 36 days in quarter

Fair Value Method

Two methods of accounting for employee base share payments are Intrinsic value method and ___

Capital-indexed bonds

Type of index-linked bond. The coupon rate is fixed but is applied to a principal amount that increases in line with increases in the index during the bond's life.

5 Lakh

What is the Min amount for BANKS to issue Certificate of Deposit, an unsecured moneymarket instrument

USD 1 Mn

What is the net worth threshold for person resident outside and inside India willing to open foreign currency accounts at IFSC Banking Units (IBUs)

12%

What will be the rate of interest if application money is not returned within 15 days after the expiry of 60th day in allotment of securities.

GM-OR

Which kind of resolution is required for the removal of director

Sec 2

Which section of Companies Act 2013 deals with Dividend including Interim dividend which is distributed in proportion to the amount paid up shares held by Sec 51 of companies Act 2013

N S vishwanathan

Who among the following is the head of an academic advisory council, set up by the RBI, to advise the full-time director of the central bank's College of Supervisors recently

Sandip bhagat

Who is the chairman of recently (November 2020) constituted SEBI's seven-member expert group to review the framework of share-based employee benefit and the issue of sweat equity

DBS Bank

__ has introduced the industry-first digital and Paperless trade financing solution

Insolvency Professional (IP)

__ is the person appointed to conduct the entire process of insolvency resolution and responsible for taking decisions and to find buyers for the bankrupt business.

CPs

__ when issued in Physical Form are non-negotiable by endorsement and delivery and hence least flexible instruments

Resolution applicant

___ Who has an entire plan prepared for the handling of insolvency of the stressed debtor and present the plan in front of COC for their approval

Revenue expenditure

___ are those expenditure which are incurred by a business enterprise during a year for performing those business operations and benefits of those expenditure are consumed within the year they are incurred.

NDB

___ commits $100mn to NIIF ( national Investment and infrastructure fund) fund of funds (FOF)

RHP

___ doesn' include details about quantum of the securities to be issued

HDFC bank

___ invites startups and solo entrepreneurs to apply for SmartUp grants under its CSR brand Parivartan

Jaipur

____ has topped the list of cities of High risk region as per the WWF Water risk filter report

Netting

____ refers to offsetting of all claims arising from dealings between two parties, to determine a net amount payable or receivable from one party to other.

51%

___of the stake of the GSTN network is with non governmental FIs and 24.5% stake with Govt of India

NCDEX

___raises the compensation limit to Rs 5 lakh from investor protection fund

DPIIT

__is the implementing agency of Scheme for Investment Promotion (SIP) scheme for 2021-22 to 2025-26 with a financial outlay of 970 crore

inflation-indexed bond

a bond that protects the investor against inflation by its linkage to an index of inflation

Special resolution

a company can change the terms of contracts mentioned in the prospectus by way of ____ through postal ballot.

Activity drivers

factors that measure the consumption of activities by products and other cost objects

AGM

where the __ has not been held the Financial statements along with reasons for not holding the __ shall be filled with Registrar within 30 days of the last date when it should have held

Mauritius

which is now a "eligible country" enabling it's investors to register as Cat -1 FPI with lower KYC requirement and benefits under Indirect transfer provisions under the Income Tax act 1961

Umngot River

which is the Asia's cleanest eng clearest river

HDFC

which of the following banks has launched online property show 'India Homes Fair"