1. What is Economic Value Added (EVA)?

EVA=Net Operating Profit After Tax (NOPAT)-(Capital Employed*Cost of

Capital i.e rate of interest.
2. What is National Payment Corporation of India (NPCI)?
Established under sec 25 of company act for undertaking retail payment and
settlement system.
3. What is National Electronics Fund Transfer System (NEFT)?
Multiple settlements.
4. Indian postal act was passed in?
1898
5. What is the meaning of swift RBI action in currency market?
Against the back drop of volatile currency market and global oil prices, RBI
would take swift action whenever it is necessary as stated in the Monetary
Policy Statement 2006-07.
6. How many countries are laundering prone on IBA list Name a few?
23 countries Russia, Myanmar, Nigeria, Turkmenistan, Libya and Cuba.
7. Who are the users of CIBILs service.
Banks and FIS, NBFC, Housing Finance Companies, Credit Card
Companies.
8. EEE means? And what it signifies.
Exempt, Exempt, Exempt.
Contributions to savings fund/investment, accrual to the fund / investment
and withdrawal are free
9. EET means? And what it signifies.
Exempt, Exempt, Tax. Contributions and earning on contributions are
exempted but withdrawals are taxed.
10. RBI guidelines for minimum net owned fund for NBFC.
Rs.2 crore.
11. CENVAT is associated with
Rate of indirect Tax.
12. Which institution of world bank is known as the window of liberal loans
IDA.
13. Mittal Steel has a joint venture in
China

14. What is National Exchange for Corporate Debt Market (NECDM)
A market for Corporate Debt just like Gov. Securities
15. What is CCIL?
Clearing Corporation of India Ltd.It is the countrys first clearing house for
Govt. Securities, Forex and other related market segments