BANKING AND FINANCIAL SERVICES

Q1. If an investor owns 100 shares of a company and the company announces a stock split in the ratio of 1:5, what would be the investor's final holding after the stock split? o o o o 100 500 20 150

Q2. What will happen if the rate of interest on home loans decreases? o o o o The sale of homes The sale of homes The sale of homes The sale of homes decrease increase not effected stop

Q3. Which of the following scenarios will be violated, if your bank requires you to maintain an average quarterly balance of Rs. 10,000 in your savings account? o o o o You had Rs. 15,000 in the account for 2 months and no money for 1 month You had Rs. 20,000 in the account for 2 months and Rs. 5,000 for 1 month You had Rs. 10,000 in your account for all 3 months None of the above

Q4. Which of the following is true? o o o o The price of the mutual fund depends on variation of its constituents The price of a mutual fund is constant There is no meaning of price of a mutual fund None of these

Q5. You earn a rental income from a flat you own. In this scenario, which of the following is true? o o o o The income is fully taxable The income is tax free The income is treated as capital gain Only 70% of the income is taxable

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