In zero coupon bonds, impact of lower duration on maturity is that

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A. maturity will be higher
B. maturity will be lower
C. maturity will be zero
D. maturity will be elastic
✅ The correct answer is option A.
In zero coupon bonds, impact of lower duration on maturity is that maturity will be higher. A zero-coupon bond is a debt security instrument that does not pay interest. Zero-coupon bonds trade at deep discounts, offering full face value (par) profits at maturity. The difference between the purchase price of a zero-coupon bond and the par value, indicates the investor’s return.

508. Which of the following level of managers develop short and medium range plans, schedules, and budgets and specify the policies, procedures, and business objectives for their sub units of the company?

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A. Strategic
B. Tactical
C. Operational
D. Front Line
✅ The correct answer is option B.
Tactical level of managers develop short and medium range plans, schedules, and budgets and specify the policies, procedures, and business objectives for their sub units of the company. A tactic is a method intended to fulfill a specific objective in the context of an overall plan.

506. ____________ is a plastic card with a built-in microprocessor, used typically to perform financial transactions.

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A. Smart cards
B. Tokens
C. Firewalls
D. Biometrics
✅ The correct answer is option A.
Smart cards is a plastic card with a built-in microprocessor, used typically to perform financial transactions. A smart card is a special type of card like device which contains an integrated circuit chip embedded on it.

503. ______ type of feasibility deals with the costs of both development and operations of the system.

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A. Economic
B. Motivational
C. Technical
D. Schedule
✅ The correct answer is option A.
Economic type of feasibility deals with the costs of both development and operations of the system. Economic feasibility refers to the feasibility of the considered project to produce economic benefits. A benefit-cost analysis is needed. Furthermore the economic feasibility of a project can also be evaluated by a breakeven analysis.

Human communication is essentially

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A. perfect
B. imperfect
C. short-lived
D. emotional
✅ The correct answer is option B.
Human communication is essentially imperfect. Human communication is both social and cognitive because it is a process by which individuals exchange information and influence one another through a common system of symbols and signs.

497. Which of following is an example of internal business perspective in balanced scorecard?

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A. employee turnover rates
B. operating capabilities and number of patents
C. operating income and revenue growth
D. customer satisfaction and market share
✅ The correct answer is option B.
Operating capabilities and number of patents is an example of internal business perspective in balanced scorecard. A balanced scorecard is a strategic management performance metric used to identify and improve various internal business functions and their resulting external outcomes. Balanced scorecards are used to measure and provide feedback to organizations.

494. When are holding company structures are most useful?

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A. For organizations in stable environments
B. Where appropriate business unit splits exist
C. For companies pursuing restructuring strategies
D. For large, multinational companies
✅ The correct answer is option C.
Holding company structures are most useful for For companies pursuing restructuring strategies. An organizational restructuring strategy involves redesigning operations and management reporting structures to address and correct the operational issues that led to a company’s distressed position.

Source of funds for repayment of municipal bonds is considered as

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A. local tax and revenue
B. global tax and revenue
C. print notes
D. commercial notes
✅ The correct answer is option A.
Source of funds for repayment of municipal bonds is considered as local tax and revenue. Municipal bonds (or “munis” for short) are debt securities issued by states, cities, counties and other governmental entities to fund day-to-day obligations and to finance capital projects such as building schools, highways or sewer systems.

According to classification by IMF, the currency system of India falls under

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A. managed floating
B. independently floating
C. crawling peg
D. pegged to basket of currencies
✅ The correct answer is option A.
According to classification by IMF, the currency system of India falls under managed floating. Managed float regime is the current international financial environment in which exchange rates fluctuate from day to day, but central banks attempt to influence their countries’ exchange rates by buying and selling currencies to maintain a certain range.

485. Which one of the following is used for evaluating credit risks?

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A. Virtual Reality
B. Neural Network
C. Fuzzy logic
D. None of the above
✅ The correct answer is option B.
Neural Network is used for evaluating credit risks. A neural network is a series of algorithms that endeavors to recognize underlying relationships in a set of data through a process that mimics the way the human brain operates. Neural networks can adapt to changing input; so the network generates the best possible result without needing to redesign the output criteria.