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9.	India is not a member of which one of the following?
	A.  Commonwealth of Independent States
	B.  South Asian Association for Regional Cooperation
	C.  South Asian Free Trade Agreement
	D.  World Trade Organization

Answer

Ans: A Commonwealth of Independent States

10.	Which of the following non banking finance companies is not allowed to convert itself into a Bank?
	A.  Tata Finance
	B.  Peerless Finance
	C.  Birla Mutual Funds
	D.  Kotak Mahindra Finance Ltd

Answer

Ans: D Kotak Mahindra Finance Ltd

11.	Product differentiation is the most important feature of
	A.  Oligopoly
	B.  Monopoly
	C.  Pure competition
	D.  Monopolistic competition

Answer

Ans: D Monopolistic competition

12.	The process of budget making after reevaluation every item of expenditure in every financial year is known as
	A.  Zero Based Budgeting
	B.  Fresh Budgeting
	C.  Deficit Budgeting
	D.  Performance Budgeting

Answer

Ans: A Zero Based Budgeting