Crack Grade B
1
All 50 Questions asked in IFSCA Grade A Phase 1 Paper 2
1. Who is custodian of forex reserve in India: RBI
2. NHB government of India Share: 100%
3. SELECTION: It is the process adopted by an organisation to select adequate number
of persons who are fit for the job. Selection procedure starts with the end of
recruitment. Since it is a process of rejecting the application of a candidate who is
not suitable for the job, selection is described as negative process.
Recruitment is the process of finding the suitable candidates and inducing them
to apply for the job in an organisation. The success of any recruitment depends
upon the procedure followed by the company while recruiting the members.
4. Gross Enrolment Ratio in higher education to be raised to 50 % by 2035
5. Which of the following is not eligible for PM Kisan: The farmers who pay income tax
6. notional costs (Imputed Costs): Hypothetical or notional costs, not involving cash
outlay, computed for any purpose : Interest on own Capital
7. Operating Leverage: Contribution / EBIT
8. Which of the following does not depreciate: Land
9. (i) Birth (ii) Death and (iii) Migration are core to the domain of population studies.
Demography also deals with associated social factors such as age, sex, marital
status, occupation, literacy etc. for enabling a holistic understanding of
demographic change.
10.
Financial position of a company is determined by: Balance sheet
11.
The accounting concept is applied to ensure that profits are not anticipated
and all possible losses are provided for: Prudence Concept
12.
Subsidy received on working capital: Capital receipt
13.
Coercive power is when someone in a position of power uses the threat of
punishment to force subordinates into complying with their demands
14.
Main Function of financial management: wealth maximization.
15.
SDG front Runner :Score 65-99
16.
Limited Liability Parterneship (LLP) is registered under Ministry of corporate affairs
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17.
18.
There are now only five states that have a TFR above the replacement level of fertility
of 2.1 children per woman: Bihar (2.98), Meghalaya (2.91), Uttar Pradesh (2.35),
Jharkhand (2.26), and Manipur (2.17).
19.
Batch costing is form of job costing
20.
Commercial paper is regulated by RBI
21.
Treatment of By Product If Net realisable value is zero then , The credit
to the Profit and Loss Account is treated as other income or miscellaneous income.
22.
World bank head: David R. Malpass
23.
Entrepreneur: Seeks opportunities. Basically, they search for change, respond to it,
and exploit it. As a manager, you create and control change within the organization. This
means solving problems, generating new ideas, and implementing them.
24.
Opportunity Costs are relevant cost
25.
Advertisement expenses are Selling Overheads
26.
Under PM SYM if person entry age is 29 years, then contribution will be Rs
.……/month up to age of …. Years to get monthly pension of 3000: 100 and 60
27.
Which of the following SDG is related to Gender Equality: SDG 5
28.
NABARD can give refinance assistance to Scheduled Commercial Banks, Regional
Rural Banks, State Cooperative Banks, State Cooperative Agriculture and Rural
Development Banks, District Central Cooperative Banks, Primary Urban Cooperative
Banks, Small Finance Banks NBFCs/NBFC-MFIs etc. or any other financial institution,
approved by Reserve Bank of India (RBI).
29.
Economic condition provides the situation to carry business in the country.
30.
Bandhan Mutual Fund is merged with IDFC MF
31.
Tarun Loan : covering loans above 5 lakh and upto 10 lakh
32.
Working capital = current assets – current liabilities
33.
Working capital Turnover ratio = Net Sales / Working Capital
34.
Inventory is a current asset
35.
Nifty50 index follows the free float market capitalization methodology
36.
Which of the following NBFC will be part of Middle layer: non-deposit taking NBFCs
with asset size of ₹1000 crore and above
37.
As per SEBI guidelines, cash limit to invest in mutual fund: 50000
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Crack Grade B
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38.
Which of the following act is not relevant to securities: Securities Contracts
(Regulation) Act, 1956; SEBI Act, 1992; Depositories Act, 1996, Negotiable instrument act
1881
39.
Earnings per share (EPS) = (Net Income − Preferred Dividends)/End-of-Period
Common Shares Outstanding
Conceptual skill is the ability to visualize (see) the organization as a whole.
It includes Analytical, Creative and Initiative skills. It helps the manager to identify
the causes of the problems and not the symptoms. It helps him to solve the problems
for the benefit of the entire organisation.
40.
41.
As per NEP 2020, Teaching up to at least Grade 5 to be in mother tongue/
regional language.
42.
NASA’s TESS Discovers Planetary System’s Second Earth-Size World
43.
Vyas Samman 2022: The KK Birla Foundation, A 4 lakh rupee award is
offered
44.
Strategic Planning: It is an outline of steps designed with the goals of the
entire organization in mind, rather than with the goals of specific divisions. It look
ahead over the four, five or even more years to move the organization from where it
currently to where it wants to be. Top managements strategic plan for the entire
organization becomes the frame work and sets dimension for the lower level
planning.
Auto fare fixed plus variable is an example of: Semi-variable cost = Fixed cost +
45.
Variable cost
46.
47.
Which of the following is an Indian company: ITC
World’s Longest platform in the world: Hubballi South Western
Railway(SWR) zone's
48.
Donation and legacies appears on debit side of the receipts and
Payments account of NPO
49.
The head of a HUF is called the Karta.
50.
Following the recommendations of the Malhotra Committee report, in
1999, the Insurance Regulatory and Development Authority of India (IRDA) was
constituted as an autonomous body to regulate and develop the insurance industry.
The IRDAI was incorporated as a statutory body in April, 2000, which has put in
place regulations in line with global norms.
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