CBSE Class 11 Sources of Business Finance Multiple Choice Questions with Answers. MCQ Questions Class 11 Sources of Business Finance with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 11 Sources of Business Finance with Answers to know their preparation level.
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MCQ Questions Class 11 Sources of Business Finance with Answers - Set - 2
Question 1:
Expand ICICI
(a) None of these
(b) International Credit and Investment Corporation of India
(c) Indian Credit and Investment Corporation of India
(d) Industrial Credit and Investment Corporation of India
Correct Answer – (C)
Question 2:
Unit Trust of India was established by ___________
(a) ICICI
(b) State Bank Group
(c) Indian Government
(d) HDFC Bank
Correct Answer – (C)
Question 3:
Which of the following is a commercial bank?
(a) All of these
(b) Canara bank
(d) Punjab National Bank
(d) State Bank of India
Correct Answer – (A)
Question 4:
Money obtained by issue of shares is known as ___________
(a) Debts
(b) Share Capital
(c) Loans
(d) Reserve Funds
Correct Answer – (B)
Question 5:
The term ‘redeemable’ is used for
(a) Preference shares
(b) Commercial paper
(c) Equity shares
(d) Public deposits
Correct Answer – (B)
MCQ Questions Class 11 Sources of Business Finance With Answers
Question 6:
ICICI was established in _________________
(a) 1975
(b) 1955
(c) 1985
(d) 1965
Correct Answer – (B)
Question 7:
The ordinary shares of a company are delivered to the depository bank, which in turn issues the depository receipts, known as _______
(a) Commercial banks
(b) ADR
(c) None of these
(d) GDR
Correct Answer – (D)
Question 8:
_____________ was the first company in India to issue convertible zero interest debentures in January 1990
(a) Mahindra and Mahindra
(b) Adani Enterprise
(c) Tata Motors
(d) Reliance Limited
Correct Answer – (A)
Question 9:
When one party grants the other party the right to use the asset in return for a periodic payment, it is known as __________
(a) Lease Financing
(b) Factoring
(c) Public Deposits
(d) Debts
Correct Answer – (A)
Question 10:
ADRs are issued in
(a) Canada
(b) China
(c) India
(d) USA
