Which one of the following was the purpose of the appointment of Rangachary committee? (A)Taxation of software Development Centres & IT Sector. (B)Taxation of Biotechnology and Pharmacy sector. (C)Taxation of MSME sector.

Section 9 of the Banking Regulation Act prohibits the banking Companies from holding any immovable property except for its own use for a period of not more property. The RBI may extend this period for a further period of ______:

A. 2 years

B. 4 years

C. 5 years

D. 6 years

Which of the following stock exchange is derecognized by SEBI on 19.11.2014 on the allegations of serious irregularities in its functioning?

A. Bombay Stock Exchange

B. Delhi Stock Exchange

C. Calcutta Stock Exchange

D. Bangalore Stock Exchange

Which of the following is not a function of General Insurance?

A. Cattle Insurance

B. Crop Insurance

C. Fire Insurance

D. Medical Insurance

Liability- side of the balance-sheet comprises:

A. Capital and reserve

B. Long-term liabilities

C. Current liabilities

D. All of the above