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1)
Demand draft , telegraphy transfer, mail transfer and
travelers cheques issued by the bank but not presented for payment till the
year end are known as
a)
Bills receivable
b) Bills payable
c)
Bills collected
d)
Bills purchased and discounted
2)
When the amount of investment in subsidiary is more
than the nominal value of the share
capital acquired by the holding company the difference represents
a) Goodwill
b)
Capital reserve
c)
Securities premium
d)
Capital profit
3)
Price earning ratio is a relationship between market
price and ______
a)
Capital profit
b) Earning per shares
c)
Only A
d)
None of above
4)
______ borrowing cost should be capitalized .
a)
Indirect
b)
Capital
c) Direct
d)
All of the above
5)
Goodwill is excess of cost of investment over value of
___
a)
Fixed
b)
Deposits
c) Investment
d)
Capital
6)
Shares capital _____
a) Schedule 1
b)
Schedule 3
c)
Schedule 4
d)
schedule 6
7)
Deposits
a)
Schedule 1
b) Schedule 3
c)
Schedule 4
d)
schedule 6
8)
Borrowing
a)
Schedule 1
b)
Schedule 3
c) Schedule 4
d)
schedule 6
9)
Cash and balance with RBI
a)
Schedule 1
b)
Schedule 3
c)
Schedule 4
d) schedule 6
10) Advance
a) Schedule 9
b)
Schedule 10
c)
Schedule 11
d)
Schedule12
11)
Fixed assets
a)
Schedule 9
b) Schedule 10
c)
Schedule 11
d)
Schedule12
12)
Other assets
a)
Schedule 9
b)
Schedule 10
c) Schedule 11
d)
Schedule12
13)
Contingent liabilities
a)
Schedule 9
b)
Schedule 10
c)
Schedule 11
d) Schedule12
14)
IRDA
a) Insurance company
b)
Future maintainable profit
c)
US GAAP
d)
Education fund
15)
Goodwill
a)
Insurance company
b) Future maintainable profit
c)
US GAAP
d)
Education fund
16)
FASB
a)
Insurance company
b)
Future maintainable profit
c) US GAAP
d)
Education fund
17)
Co – operative society
a)
Insurance company
b)
Future maintainable profit
c)
US GAAP
d) Education fund
18)
AS 17
a) Segment reporting
b)
Earning per share
c)
Borrowing costs
d)
Accounting for taxes on income
19)
AS 20
a)
Segment reporting
b) Earning per share
c)
Borrowing costs
d)
Accounting for taxes on income
20)
AS 16
a)
Segment reporting
b)
Earning per share
c) Borrowing costs
d)
Accounting for taxes on income
21)
AS 22
a)
Segment reporting
b)
Earning per share
c)
Borrowing costs
d)
Accounting for taxes on
income
22)
Other assets of banking co.
a) Schedule 11
b)
Co – operative
c)
IRDA
d)
FASB
23)
Education fund
a)
Schedule 11
b) Co – operative
c)
IRDA
d)
FASB
24)
Insurance company
a)
Schedule 11
b)
Co – operative
c) IRDA
d)
FASB
25)
US – GAAP
a)
Schedule 11
b)
Co – operative
c)
IRDA
d) FASB