Question: 1
Which of the following Mutual Funds was not set up within the Phase 2: 1987-1993 ?
A. Canbank Mutual Fund
B. Kothari Pioneer Mutual Fund
C. SBI Mutual Fund
D. LIC Mutual Fund
Answer: B
Question: 2
The minimum service required for entitlement to payment of gratuity under the Act, in case of an
employee leaving service by death or incapacitation is
A. 2 years
B. 3 years
C. 5 years
D. No minimum service required
Answer: D
Question: 3
Rajiv buys a growth oriented non dividend paying share for Rs. 200 and 4 years later sells it for Rs. 350.
The CAGR is
A. 10.30%
B. 18.80%
C. 75%
D. 15%
Answer: D
Question: 4
A Post Office Recurring Deposit account can be prematurely closed after________years and
interest would be payable on prematurely closed account.
A. 4 Years, Post Office Time Deposit
B. 3 Years, Post Office Savings Account
C. 1 Year, Post Office Recurring Deposit
D. 1 Year, Post Office Savings Account
Answer: B
Question: 5
"Premium" is associated with
A. Forward
B. Futures
C. Options
D. All of the above
Answer: C
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