GK 1-5

GENERAL KNOWLEDGE

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1. Who invented Double Entry system of Book-keeping?
a) Luca Pacciola
b) Keynes
c) Hawtrey
d) Gunnar Myrdall.

2. Which system of banking is followed in India?
a) Unit banking
b) Branch banking
c) Merchant banking
d) Mixed banking.

3. The income Tax exemption limit for the Financial year 2008-2009 is
a) Rs. 1,40,000
b) Rs. 1,50,000
c) Rs.1,60,000
d) Rs. 80,000

4. What do you mean by 'Entrepot' trade?
a) Export trade
b) Import trade
c) Import of goods for re-export
d) none of these

5. Second World Tamil Conference was held in
a) 1950
b) 1960
c) 1969
d) 1980

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