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SOLVED JAIIB COMBINED PAPER 32:

1. ..... destroys computer data.
a. Software virus
b. Hardware virus
c. Computer virus
d. None of the above

Ans - c

2. 
The ...... form of Balance Sheet and Profit and Loss account of a banking company is prescribed in Forms A and B of schedule of the Banking Regulation Act, 1949.
a. First
b. Second
c. Third
d. Fourth

Ans - c

3. 
In the Partnership firms, liability of each partner is ......
a. Limited
b. Unlimited
c. Overhead
d. Maximum

Ans - a

4. 
A limited company is a/an ...... person.
a. Original
b. Duplicate
c. Artificial
d. None of the above

Ans - c

5. 
A company has a perpetual ......
a. Profits
b. Losses
c. Succession
d. All the above

Ans - c

6. 
The ...... is affixed on all important documents and contracts of a company.
a. Registred seal
b. Common Seal
c. Govt. seal
d. All the above

Ans - b

7. 
Share of a limited company can be classified into ......
a. Equity
b. Preference
c. Equity and Preference
d. None of the above

Ans - c

8. 
...... capital is the amount with which Company is formed.
a. Authorized
b. Subscribed
c. Both a & b
d. All the above

Ans - a

9. Capital subscribed by the public is called ...... capital.
a. Authorized
b. Subscribed
c. Preference
d. Any of the above

Ans - b

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