HPSSC Junior Auditor Exam Paper 20 Sep 2020 (Answer Key)

HPSSC Junior Auditor Exam Paper 20 Sep 2020 (Answer Key) (English Language)

121. Net earning rate 3 lac. per year, fair rate of return 15%, the capita based on earnings would be
(A) 30 lac.
(B) 20 lac.
(C) 10 lac.
(D) 15 lac.

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Answer – (B)

122. Analysis of operating leverage involves :
(A) short run
(B) long run
(C) medium run
(D) Any of these

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Answer – (A)

123. As per Walter’s model if r = k, what will be the effect of dividend decision on the value of firm ?
(A) Increased
(B) Decreased
(C) Remain same
(D) Any of these

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Answer – (C)

124. Banking commission, 1972 was headed by
(A) R.G. Saraiya
(B) J.S. Raj
(C) B. Srinivasan
(D) S. Chakravarthy

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Answer – (A)

125. Overdraft facility is provided on
(A) Fixed Account
(B) Current Account
(C) Saving Account
(D) Security

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Answer – (B)

126. Which is the Apex Development Bank of India?
(A) IFCI
(B) ICICI
(C) IDBI
(D) None of these

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Answer – (C)

127. Which was the first State Finance Corporation ?
(A) Punjab Finance Corporation
(B) Haryana Finance Corporation
(C) Orissa Finance Corporation
(D) None of these

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Answer – (A)

128. The members of which organization become the members of World Bank automatically?
(A) IMF
(B) IFC
(C) WTO
(D) IDA

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Answer – (A)

129. Which of the following is called silent salesman ?
(A) Branding
(B) Packaging
(C) Labelling
(D) None of these

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Answer – (B)

130. The idea of marketing mix was popularized by
(A) Theodre Jevitt
(B) S. Thorpe
(C) Neil H. Borden
(D) None of these

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Answer – (C)

131. Marketing is always associated with
(A) Events
(B) Services
(C) Places
(D) All of these

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Answer – (D)

132. Marketing always focuses on the needs of
(A) Sellers
(B) Buyers
(C) Mediators
(D) All of these

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Answer – (B)

133. The most important constituent of marketing mix is
(A) product
(B) price
(C) place

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Answer – (A)

134. In which exchange we can exchange commodities
(A) NSE
(B) BSE
(C) NYSE
(D) NMCE

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Answer – (D)

135. Which among the following is not a subsidiary of R.B.I. ?
(A) National Housing bank
(B) NABARD
(C) SIDBI
(D) Bharatiya Reserve Bank Note Mudran Private Ltd.

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Answer – (C)

136. BASEL norms are related to
(A) Insurance Sector
(B) Tele Communication
(C) Real estate BASEL
(D) Banking sectors

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Answer – (D)

137. An agreement enforceable by law is called
(A) An agreement
(B) Contract
(C) Both (A) and (B)
(D) None of these

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Answer – (B)

138. Section 5, of Contract Act, deals with
(A) Communication of contract
(B) Acceptance of contracts
(C) Revocation of proposals and acceptances
(D) None of these.

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Answer – (C)

139. The term “Contingent” means
(A) Possible but not assured
(B) Doubtful or uncertain
(C) Both (A) and (B)
(D) None of these

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Answer – (C)

140. “Indemnity” means
(A) Security from damage or loss
(B) Security for more profit
(C) An act for protection
(D) Both (A) and (B)

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Answer – (D)

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