NOVEMBER 2025

4. A situation in which the futures price (or forward price) of a commodity is higher than the spot price is called _____ .
7. The share of a bank’s total deposit to be maintained with the Reserve Bank of India in the form of liquid cash is called _____ .
8. The instant payment inter-bank electronic funds transfer system in India is called
10. A tax that has to be paid on goods entering into a country is called _____ .
13. A legal agreement between many countries, whose overall purpose is to promote international trade

1. Under the Indian Contract Act, a person who is a citizen of a country at war with India is called an _____ enemy.
2. Known as consumer-packaged goods, these are products that are sold quickly and at a relatively low cost. They are called _____ .
3. A measure of the risk of loss of investment or capital is called _____ .
5. Also known as a ‘fixed deposit’, it is a deposit that is held at a financial institution for a fixed term. It is called a _____ deposit.
6. A set of global accounting standards that govern how particular types of transactions and events should be reported in financial statements.
7. The apex decision-making body in matters of income tax is the _____ .
9. From date of incorporation within how many months women director need to be appointed?
11. A fiduciary relationship where a trustor gives a trustee the right to hold title to property or assets for a beneficiary is called a _____ .
12. A _____ is the highest interest rate that can be charged on a loan or credit with a changing (variable) rate.