MCQOPTIONS
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MCQOPTIONS
This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
A main factor contributing to the failure of zero-based budgeting has been due to too much of ..involved in the procedure. |
| A. | Paper work |
| B. | Computerized work |
| C. | Manual Work |
| D. | none of these |
| Answer» B. Computerized work | |
| 2. |
.. means financial transaction where exporter sells his accounts receivables to the 3rd party @a lesser rate in exchange for instant cash. |
| A. | Factoring |
| B. | Surplus |
| C. | Mutual Fund |
| D. | Interest |
| Answer» B. Surplus | |
| 3. |
Under securitisation process , the bank or financial institution which gives loan is known as; |
| A. | SPV |
| B. | Obligor |
| C. | Originator |
| D. | Credit enhancer |
| Answer» D. Credit enhancer | |
| 4. |
Zero-based budgeting addresses such problems that can take place with . rolling budgets. |
| A. | Conventional |
| B. | Non conventional |
| C. | budging |
| D. | none of these |
| Answer» B. Non conventional | |
| 5. |
banks aims to increase the flow of credit and availability of banking facilities to Rural areas and to the poorer section of the rural population. |
| A. | Regional Rural Banks |
| B. | Organised Banks |
| C. | Scheduled Banks |
| D. | Cooperative Banks |
| Answer» B. Organised Banks | |
| 6. |
When the lessee is allowed to exchange equipment leased out whenever the original asset has to be sent to the lessor for some repair or maintenance, such type of lease is called _____. |
| A. | Wrap lease |
| B. | Import lease |
| C. | Swap lease. |
| D. | Leveraged lease |
| Answer» D. Leveraged lease | |
| 7. |
Which are not included in entry load, Exit load, deferred load is known as |
| A. | open end fund |
| B. | Surplus |
| C. | Closed end fund |
| D. | No load fund |
| Answer» B. Surplus | |
| 8. |
The baking system was .during the early 90 s which led to greater competition and higher Production. |
| A. | Liberalized |
| B. | Centralized |
| C. | Decentralized |
| D. | None of these |
| Answer» B. Centralized | |
| 9. |
capital is needed for product development and initial marketing. |
| A. | seed capital |
| B. | Startup capital |
| C. | first round financing |
| D. | None of these. |
| Answer» C. first round financing | |
| 10. |
Housing loan sanctioned to pay off an old housing loan at a higher rate of interest and enjoy a new one at a lower rate is called: |
| A. | Conversion loan |
| B. | Flexible installment loan |
| C. | Transfer plan loan |
| D. | Refinance loan |
| Answer» D. Refinance loan | |
| 11. |
As a discipline to be one of the most important element in the business world where money is almost everything. |
| A. | Accounting |
| B. | Standardizing |
| C. | Recording |
| D. | none of these |
| Answer» B. Standardizing | |
| 12. |
Services sector in India is booming and has become one of the biggest -- ..areas. |
| A. | money spinning areas |
| B. | Regulations area |
| C. | venture capital |
| D. | none of these |
| Answer» B. Regulations area | |
| 13. |
has made way for the entry of innovation and advanced financial products in India. |
| A. | globalization |
| B. | liberalization |
| C. | centralization |
| D. | reconstruction |
| Answer» B. liberalization | |
| 14. |
capital is provided for early manufacturing and marketing expense. |
| A. | Startup capital |
| B. | seed capital |
| C. | first round financing |
| D. | Second round financing |
| Answer» D. Second round financing | |
| 15. |
The additional finance provided by VCFs to overcome fledging stage is called . |
| A. | Second round financing |
| B. | ) first round financing |
| C. | seed capital |
| D. | None of these. |
| Answer» B. ) first round financing | |
| 16. |
The instrument which provides proprietary interest in company and which entitles a person to dividend on profits, is called? |
| A. | Bond |
| B. | Share |
| C. | Debenture |
| D. | Warrant |
| Answer» C. Debenture | |
| 17. |
Underwrites are appointed by the issuing companies in consultation with the |
| A. | merchant banks |
| B. | Mutual fund |
| C. | Certificate of deposits |
| D. | treasury bills |
| Answer» B. Mutual fund | |
| 18. |
One of the most significant and basic principle of the accounting process is called as the ..Principle. |
| A. | measuring Unit |
| B. | Non Measuring Unit |
| C. | Scheduled Unit |
| D. | none of these |
| Answer» B. Non Measuring Unit | |
| 19. |
A decision package includes ..justification for budget estimates of an activity. |
| A. | Comprehensive |
| B. | Comparative |
| C. | Duplicated |
| D. | none of these |
| Answer» B. Comparative | |
| 20. |
The 1st life insurance company namely . was establishment in Kolkata in 1818 |
| A. | oriental life insurance co |
| B. | ICICI prudential |
| C. | Tata LIC |
| D. | SBI LIC |
| Answer» B. ICICI prudential | |
| 21. |
is a written consent or authorization representing or acting on behalf of an individual in matters of business, private affairs or other legal matters. |
| A. | Memorandum of understanding |
| B. | R O C |
| C. | Agreement |
| D. | Power of authority. |
| Answer» E. | |
| 22. |
Merchant bank can help an organization specifically in promotional functions, . |
| A. | Sponsoring the issue |
| B. | Marketing |
| C. | None of these |
| D. | All of these. |
| Answer» E. | |
| 23. |
RBI Provides ____ for meeting day - to - day receipt and expenditure mismatch to both Central and State Governments. |
| A. | treasury bills |
| B. | Ways and Means advance |
| C. | date and securities |
| D. | All the above |
| Answer» C. date and securities | |
| 24. |
The .. is a term associated with ZBB, and refers to an analysis of each discrete activity, according to cost and purpose. |
| A. | Decision Package |
| B. | Zero budgeting Plan |
| C. | Accountancy |
| D. | Short Sales |
| Answer» B. Zero budgeting Plan | |
| 25. |
These days RBI uses Selective credit control measures rather infrequently because of: |
| A. | Deregulation of functions |
| B. | Autonomy given to banks |
| C. | Comfortable liquidity |
| D. | Reasonable inflation level |
| Answer» D. Reasonable inflation level | |
| 26. |
In the first round 14 major banks with a liability base of ____ were nationalized: |
| A. | 10 crore or more |
| B. | 20 crore or more |
| C. | 50 crore or more |
| D. | 100 crore or more |
| Answer» D. 100 crore or more | |
| 27. |
Inflation accounting as already stated is also called as the .. accounting. |
| A. | Price Level Accounting |
| B. | Inflationary Accounting |
| C. | corporate accounting |
| D. | Management Accounting |
| Answer» B. Inflationary Accounting | |
| 28. |
are appointed by the issuing companies in consultation with the merchant bankers. |
| A. | underwriters |
| B. | Mutual fund |
| C. | Certificate of deposits |
| D. | treasury bills |
| Answer» B. Mutual fund | |
| 29. |
All type of activities which are of a financial nature are called . |
| A. | Financial market |
| B. | Primary market |
| C. | Capital market |
| D. | financial services. |
| Answer» E. | |
| 30. |
In this case the issue is underwritten by two or more underwriters jointly. |
| A. | joint underwriting |
| B. | sub underwriting |
| C. | syndicate underwriting |
| D. | firm underwriting |
| Answer» B. sub underwriting | |
| 31. |
..banks are considered as the heart of our financial structure that makes the completely utilization of the resources of the nation. |
| A. | financial system |
| B. | Financial Procedure |
| C. | Technology |
| D. | Underwriting |
| Answer» B. Financial Procedure | |
| 32. |
Although derivatives can be used as speculative instruments, businesses most often use them to _________. |
| A. | Attract customers |
| B. | Appease stockholders. |
| C. | Offset debt. |
| D. | Hedge. |
| Answer» E. | |
| 33. |
includes all activities involved in the transformation of savings into investment. |
| A. | Financial system |
| B. | Financial service |
| C. | Economic system |
| D. | Saving system |
| Answer» C. Economic system | |
| 34. |
Situation of resource crunch when demands for desirable expenditure are far .. the available resources. |
| A. | out stripping |
| B. | in stripping |
| C. | overlapping |
| D. | none of these |
| Answer» B. in stripping | |
| 35. |
The impact of inflation comes in the form of rising prices of .. and Assets. |
| A. | Output |
| B. | Surplus |
| C. | Liabilities |
| D. | Deficit |
| Answer» B. Surplus | |
| 36. |
Discounting of bills of exchange is an attractive based financial service provided by the finance companies. |
| A. | Fee |
| B. | Fund |
| C. | Opinion |
| D. | Capital. |
| Answer» C. Opinion | |
| 37. |
The central theme of forfaiting is the purchasing of by a financial service company. |
| A. | Trade bills |
| B. | Export bills |
| C. | Import bills |
| D. | All of these |
| Answer» C. Import bills | |
| 38. |
Numerous factoring arrangements are possible if an agreement is reached between the & |
| A. | selling co.& the Factor |
| B. | Factors & the Purchaser |
| C. | Sole trader & Banks |
| D. | None of these |
| Answer» B. Factors & the Purchaser | |
| 39. |
Under securitisation process , organisation which gives insurance and guarantee is known as; |
| A. | SPV |
| B. | Obligor |
| C. | Originator |
| D. | Credit enhancer |
| Answer» E. | |
| 40. |
Under securitisation process , ---------- are instruments which issued subsidiary company in respect of receivables of holding or parent company |
| A. | Pass through certificate |
| B. | Pay through certificate |
| C. | Preferred stock certificate |
| D. | None of these |
| Answer» D. None of these | |
| 41. |
The basic ideamovement is that poor people should come together and develop banking habits within small means. |
| A. | Cooperative |
| B. | Organised |
| C. | Scheduling |
| D. | none of these |
| Answer» B. Organised | |
| 42. |
Which of the following is a V C F promoted by specialized financial institution. |
| A. | Indus venture capital fund |
| B. | I L & FS Venture corporation ltd. |
| C. | I D B I venture capital fund |
| D. | None of these. |
| Answer» D. None of these. | |
| 43. |
Off shore VCFs are promoted by & financial institution. |
| A. | Foreign banks |
| B. | Private banks |
| C. | State banks |
| D. | None of these. |
| Answer» B. Private banks | |
| 44. |
Factoring is method of raising finance through account receivable credit offered by commercial banks and factors. |
| A. | Long term |
| B. | Medium term |
| C. | short term |
| D. | all of these. |
| Answer» D. all of these. | |
| 45. |
are funds whose portfolio consists of a blend of equities, debts, and money market securities. |
| A. | Hybrid fund |
| B. | Balanced fund |
| C. | Closed end fund |
| D. | No load fund |
| Answer» B. Balanced fund | |
| 46. |
Budgeting requires eliminating redundant expenditure that no longer serves any clearly defined purpose. |
| A. | Zero based |
| B. | Open end |
| C. | Financial |
| D. | none of these |
| Answer» B. Open end | |
| 47. |
Which of the following organisations/agencies works solely to monitor and arrange flow of agriculture credit in India? |
| A. | NABARD |
| B. | SIDBI |
| C. | RBI |
| D. | SEBI |
| Answer» B. SIDBI | |
| 48. |
provided at a stage when product has been launched in the market but has not earned enough profits to meet future capital needs. |
| A. | first round financing |
| B. | Second round financing |
| C. | Startup capital |
| D. | None of these. |
| Answer» C. Startup capital | |
| 49. |
Indian Banks Association (IBA) has a common net working system for sharing the ATM facilities in Mumbai, which is known as _________. |
| A. | ATM Network |
| B. | Shared Payment Network System. |
| C. | Cash Network |
| D. | None of these. |
| Answer» E. | |
| 50. |
act as an intermediary to link up the sources of ideas and the sources of fund. |
| A. | Venture capital |
| B. | Merchant banking |
| C. | Leasing |
| D. | None of these. |
| Answer» B. Merchant banking | |