Question : Which of the following statement is correct? Statement 1: Flotation cost refers to a temporary arrangement of finance that bridge the gap between the need of long term financer and to secure it. Statement 2: Bridge financing means the expenditure incurred in issuing a security.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 1 is false and statement 2 is true.
Correct Answer: Both are false
Solution : Floatation cost means the expenditure incurred in issuing a security. This expenditure is made in brokerage under-writing commission advertising etc. Bridge financing refers to temporary arrangement of finance that bridge the gap between the need of long term finance and to secure it.
Hence, option B is correct.
Question : Directions: In the following question, one / two statements are given, each followed by two conclusions, I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements. Statement: Economic security makes people better and happier and has a good influence on their personality. Conclusions: I. People who earn enough money are happier. II. To have a good personality people should be economically sound.
Option 1: Only I follows
Option 2: Both I and II follow
Option 3: Only II follows
Option 4: Neither I nor II follows
Question : There are few words missing in the passage given below. The options given contain an answer that will fit in those given blanks. Pick up the correct word to be used to make the sentence coherent and grammatically correct.
The Global maize production across the world is worth billions of dollars annually and is a major contributing factor to global food security because it’s a 1) ______________ food for billions of people. Majority of the maize production depends on natural rainfall, making it 2) ______________ to variable rainfall patterns.
This limitation is likely to get intense in the future as it is anticipated that the climate change is going to lower rainfall in many regions of the world. This could decrease 3) ______________ by 10% by the time global temperature has risen by 4º C. Another challenge of droughts are also likely to become more 4) ______________ and severe. The increase in temperatures are also predicted for many parts of the world which will have direct effects on the productivity and growth of maize. High temprature will also lead to more 5) ______________, which means that plants lose more water.
Choose the correct word to be used in blank 1.
Option 1: deficit
Option 2: mutinous
Option 3: meagre
Option 4: staple
Choose the correct word to be used in blank 2.
Option 1: vulnerable
Option 2: nefarious
Option 3: condemn
Option 4: tacit
Choose the correct word to be used in blank 5.
Option 1: deportation
Option 2: variation
Option 3: evaporation
Option 4: restoration
Choose the correct word to be used in blank 4.
Option 1: demeanour
Option 2: tacit
Option 3: abrupt
Option 4: frequent
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile