TRB COMMERCE Question Paper with Answers Part -1

TRB COMMERCE Question Answers are bold letters for better understanding/reference and easy hand on answers..

1. The merchant banking companies also act as.......... for debenture holders
A) agents B) advisers
C) trustees D) officers.

2. Commercial papers are unsecured promissory notes issued for a period of
A) 1 - 3 months B) 3 - 6 months
C) 9 - 12 months D) none of these.


3. Which one of the following is not a capital market instrument ?
A) Debenture B) Shares
C) Public sector bonds D) Treasury bills.


4. Credit rating refers to
A) Rating of different financial institutions
B) Rating of different financial instruments
C) Customer’s credit worthiness rating
D) Customer’s bills rating.

5. IRCI was set up in 1971 with the assistance of
A) ICICI B) ARDC
C) IDBI D) RBI.

6. Trade statistics reveal that India depends more on the developed countries for its major proportion of
A) Imports B) Exports
C) Imports and Exports D) Manufacturing.

7. India’s new economic and trade policy measures have started paying
A) Interest B) Dividend
C) Profit D) Interest and Dividend.

8. In foreign trade, the exporter sends the documents directly to the importer for the payment of invoice called as
A) Payment in advance B) Documentary bill
C) Open account D) Letter of Credit.

9. The ‘terms of trade’ is the name given to
A) unilateral trade agreement between countries
B) the excess of imports over exports
C) the relationship between price of imports and price of exports
D) bilateral agreements.

10. No mutual fund may keep a close ended scheme open for subscription for more than
A) 50 days B) 45 days
C) 60 days D) 70 days.

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