Free GLO_CWM_LVL_1 Exam Braindumps (page: 49)

Page 48 of 266

Which of the following is true of Reverse Repo rate?

  1. Determined by free market forces
  2. Lower than repo rate
  3. benchmark for long term rates
  4. Part of funding cost for commercial banks

Answer(s): B



If POA in respect of in moveable property of value more than ......................it must be registered

  1. Rs. 50
  2. Rs. 100
  3. Rs. 50000
  4. Rs. 100000

Answer(s): B



GDP at factor cost is equal to ________

  1. GDP at market price ­ indirect taxes + subsidies
  2. GNP at market prices ­ indirect taxes + subsidies
  3. GDP at market price + indirect taxes + subsidies
  4. GDP at market price + indirect taxes - subsidies

Answer(s): A



In addition to the contribution employer has to pay ______________% of wages as administration charges.

  1. 0.17%
  2. 0.18%
  3. 0.10%
  4. None of these

Answer(s): C






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