Central Bank Of India Probationary Officers Exam Solved Question Paper 2010

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9/4/2011 10:41:31 PM

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	Central Bank Of India Probationary Officers Exam Solved Question Paper 2010
	Central Bank of India Probationary Officers Exam Solved Question paper 2010 1. Equity schemes managed strong NAV gains, which boost their assets' was a news in some financial newspapers. What is the full form of the term NAV as used in above head lines ? (A) Nil Accounting Variation (B) Net Accounting Venture (C) Net Asset Value (D) New Asset Venture (D) None of these Ans : (C) 2. As per reports published in various news papers, mutual fund companies showed 94 per cent growth in their total profits during 2009-10. This means the profits earned by these companies were 94 per cent— (A) Of the total investments they made collectively during the year (B) More than their profits during previous year (C) Of the total capital of the company (D) Less than the total expenditure of the companies (D) None of these Ans : (B) 3. As per the news published in various news papers Pakistan has imposed 15 per cent regulatory duty on exports of cotton yarn. Why countries are required to impose regulatory duties on exports of some of their commodities while in the eyes of the layman more exports means more foreign exchange and more revenue for the Govt. ? 1. It is done to control the exports of a commodity as it may be needed more in local markets than in foreign countries. 2. It is done to control the general inflation in the country as the inordinate exports of various commodities create imbalance and also cost push inflation. 3. It is a good short time measure to collect more revenue from the exports of the commodity which is in high demand in overseas markets. (A) Only 1 (B) Only 2 (C) Only 3 (D) All 1, 2 and 3 (E) None of these Ans : (A) For More Download Attachment Download

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