Financial Questions and Answers

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General Knowledge Financial Questions with Answers test understanding of finance, banking, and the economy. Common in Banking, SSC, and MBA exams, these questions enhance knowledge about financial systems and markets

Financial

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31. A meeting of the shareholders held only once during the life time of the company is known as-

  • Meeting of the Directors
  • Meeting of the Creditors
  • Extraordinary General Meeting
  • Statutory Meeting
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32. For calling the Extraordinary General Meeting a clear notice of ……… days must be given to all the members.

  • 7
  • 15
  • 21
  • 30
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33. Appointment of a person who is a Director, as a Secretary in the Company would require approval of the company by-

  • Special Resolution
  • Ordinary Resolution
  • Resolution by circulation
  • None of the above
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34. The first Stock Exchange in India was established in-

  • Calcutta
  • Delhi
  • Bombay
  • Madras
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35. Blue Chips Shares mean-

  • Those shares which are listed in Stock Exchange
  • Those shares whose guarantee is given by Government
  • Those shares on whom dividend is paid at higher rate regularly
  • Those shares which are issued at first time
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36. FEMA stands for-

  • Foreign Exchange Management Act
  • Funds Exchange Management Act
  • Finance Enhancement Monetary Act
  • Future Exchange Management Act
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37. What of the following is false about W.T.O. ?

  • It is the main organ for implementing the Multilateral Trade Agreement
  • It is global in its membership
  • It has far wider scope than GATT
  • Only countries having more than prescribed level of total GDP can become its member
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38. Convertibility of the rupee implies-

  • Being able to convert rupees notes into gold
  • Allowing the value of the rupee to be fixed by marketforces
  • Freely permitting the conversion of rupee to other major currencies and vice versa
  • Developing an international market for currencies in India
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39. ……… has been founded to act as permanent watchdog on the international trade.

  • ISRD
  • ADS
  • WTO
  • DIMF
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40. Which of the following statement is correct ?

  • The disinvestment programme has been successfully carried out in India
  • Privatisation up to 100% has been carried out in all the PSU in India
  • Under strategic sale method of disinvestment, the government sells a major share to a strategic partner
  • None of the above
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