Practice Financial Management Questions and Answers

• One of the important strategies adopted in the 10th five-year plan for education and literacy was The Sarva Shiksha Abhiyan (SSA). It was launched in which...
• How many annual plans are there in Plan Holidays?
• The National Development Council (NDC) was set up on ____________ to strengthen and mobilize the effort and resources of the nation in support of the Five ...
• As per the revised MSME definition, what is the limit for investment in plant and machinery or equipment and turnover ______ to define a small Industries?
• In absorption costing, (1) ___________are factored into the product's price. In contrast, only (2) _________are considered product costs in marginal costin...
• The Contribution towards priority sector lending is based on __________ , while the cash reserve ratio is based on __________.
• What would be the break even units if the Fixed Cost is Rs.1,00,000 and PV ratio is 25%. The company sells its product at Rs.60 per unit.
• From the following information calculate the amount of sales to earn a desired profit of Rs.6,000 Fixed Cost: 12,000 Selling Price: 12 per unit Variable...
• The maximum number of directorships that a person can have in a public company are ____ and in Private company are ___.
•   Risk and rewards are transferred in _______ and not in _______.
• Which of the following best describes a general rise in the prices?
• Under marginal costing, which of the following costs will NOT be attributed to the product cost?
• Calculate the Current ratio based on above information?
• Calculate the Quick ratio based on above information?
• Calculate the Proprietary Ratio of the company?
• Calculate the Debt Equity ratio of the company?
• Calculate the Inventory Turnover Ratio
• Calculate the Working Capital Turnover Ratio:
• Calculate the Fixed Assets Turnover Ratio.
• Calculate Net profit to capital ratio.
•   Which of the following Act will govern the Digital Lending regulatory framework in India?
• Which organisation has the authority to whitelist the Digital Lending Apps?
• As per recommendations given by the Working Group on Digital Lending, which organisation should be given authority as a member or need-based invitee consid...
• To provide greater discretion to borrowers on terms and conditions, the guidelines on digital lending have kept _____ outside the scope of Digital lending ...
• What are super normal profits made by companies due to an unprecedented event, as indicated in the para above, known as?
•   After how many years of remaining unclaimed, are the proceeds of such inoperative accounts to be transferred to the Depositor Education and Awareness Fu...
• Once the amount has remained unclaimed for the said period and becomes eligible to be transferred to the DEAF, within what time period such unclaimed amoun...
• What does IFSCA stand for in IFSCA Act? 
• What is the objective of the IFSCA Act?
• What is the term of office of the Chairman and Members of the IFSCA?
• Which of the following are correct in regards to the budget of India? Article 112 provides that the estimate of expenditure embodied in this annual finan...
• Which of the following statements is/are not correct in regards to budget? Budget came from a Spanish word “baguette” which means a small bag James Wi...
• Which of the following statements is/ are correct? Budget Division of Department of Economic affairs prepares the budget Longest Budget speech is given ...
• Which of the following statements are correct in regards to the Indian Economy in Economic Survey 2023? 2rd largest economy in the world in Purchasing Po...
• Which of the following statements is/are not correct in regards to the Economic Survey of India? It is an annual document It released by the Ministry of...
• Which of the following is/are not correct in regards to the Economic Survey of India? It is prepared by the Economics Division of the Department of Econo...
• When was the GIFT City project announced by the Government of Gujarat?
• Which is the 1st operational bank of GIFT City?
• What is the TReDS platform used for?
• What is the new name of Edelweiss General Insurance?