1.Derivative Bank went into a plain vanilla trade through on OIS (Overnight Index ...

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Accounting

1.Derivative Bank went into a plain vanilla trade through on OIS (Overnight Index

Trade) on a head of $ 10 millions and consented to get MIBOR short-term

gliding rate for a fixed installment on the head. The trade was gone into on

Monday, second August, 2010 and was to start on third August, 2010 and run for

a time of 7 days.

Separate MIBOR rates for Tuesday to Monday were:

7.75%,8.15%,8.12%,7.95%,7.98%,8.15%.

In the event that Derivative Bank got $ 317 net on settlement, figure Fixed rate and

interest under the two legs.

Notes:

I. Sunday is Holiday.

ii. Work in adjusted rupees and keep away from decimal working.

iii. Think about 365 days in a year.

2.In terms of buying power parity,india ranks_______

(a) First

(b) Second

(c) Third

(d) Fourth

3. The Planning Commission was set up in_______.

(a) 1950

(b) 1960

(c) 1980 _____

(d) None

4. The standard errand of preparation commission is___________.

(a) To guarantee fairness

(b) To make long term arrangements

(c) To exhort the public authority

(d) Preparing spending plan

5. Which of these is a not a target of preparation?

(a) Increase in National Income

(b) Achieving full work

(c) Reduction of imbalances of pay

(d) None of these

6. The initial long term plan was introduced to the parliament by:

(a) Mahatma Gandhi

(b) Indira Gandhi

(c) Jawahar Lal Nehru

(d) A. K. Antony

7. Five steel factories at Dhilai, Durgapur and Raurkela were set up in which long term plan?

(a) First

(b) Second

(c) Third

(d) Fourth

8. Green upheaval is additionally known as______________revolution.

(a) Wheat

(b) Rice

(c) Poverty_____

(d) None of these

9. State Electricity Board was framed under which plan:

(a) second

(b) first

(c) third

(d) fourth

10. Three successive times of dry spell were knowledgeable about which plan?

(a) first

(b) second

(c) third

(d) fourth

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