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Question : Case Study 17:

JKL Inc. is a startup in the education sector aiming to raise funds for developing online learning platforms.

Question : 

To raise short-term funds for marketing its online learning platforms, which money market instrument might JKL Inc. use?

Option 1: Corporate bond
 

Option 2: Call money
 

Option 3: Commercial paper

 

Option 4: Treasury bill

Team Careers360 21st Jan, 2024

Correct Answer: Commercial paper

 


Solution : The correct answer is (c) Commercial paper.

Commercial paper is a short-term, unsecured debt instrument issued by corporations, typically with maturities ranging from a few days to a year. It is a common choice for businesses seeking short-term funds to finance various operational needs,

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Question : The Union Budget of India 2020-21 allocated an amount of crore for the education sector:

Option 1: INR 83,600

Option 2: INR 99,300

Option 3: INR 78,700

Option 4: INR 95,800

Team Careers360 22nd Jan, 2024

Correct Answer: INR 99,300


Solution : The correct answer is INR 99,300.

In 2020–21, Rs. 99,300 crores and Rs. 3000 crores, respectively, have been set aside for the education and skill development sectors. The Department of School Education and Literacy's overall budget allocation has increased by Rs. 3308.37 crore

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Question : Which of these statements is true?
1:In India, a large portion of total education spending goes toward elementary education.
2: Young people with higher education have the greatest unemployment rates.

Option 1: Only A

Option 2: Only B

Option 3: Both of the above

Option 4: None of the above

Team Careers360 24th Jan, 2024

Correct Answer: Both of the above


Solution : Higher education accounts for the least amount of the total budget and elementary education for the most. The government places more focus on elementary education because it is the foundational or first level of schooling.
The fact that educated people have higher

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Question : Case Study 17:

JKL Inc. is a startup in the education sector aiming to raise funds for developing online learning platforms.

Question : 

To raise short-term funds for marketing its online learning platforms, which money market instrument might JKL Inc. use?

Option 1: Corporate bond
 

Option 2: Call money
 

Option 3: Commercial paper

 

Option 4: Treasury bill

Team Careers360 25th Jan, 2024

Correct Answer: Commercial paper

 


Solution : The correct answer is (c) Commercial paper.

Commercial paper is a short-term, unsecured debt instrument issued by corporations, typically with maturities ranging from a few days to a year. It is a common choice for businesses seeking short-term funds to finance various operational needs,

20 Views

Question : Which of the following articles says that 'It shall be the duty of every citizen of India who is a parent or guardian to provide opportunities for education to his child or, as the case may be, ward between the age of six and fourteen years'?

Option 1: 51A (k)

Option 2: 51A (j)

Option 3: 51A (i)

Option 4: 51A (h)

Team Careers360 20th Jan, 2024

Correct Answer: 51A (k)


Solution : The correct answer is 51A (k).

Fundamental duties come under Article 51A of the Constitution in Part 4A. The 42nd Constitutional Amendment Act of 1976 established ten essential obligations, while the 86th Constitutional Amendment Act of 2002 added an eleventh. It is the

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