Practice Financial Management Questions and Answers

• As per which accounting concept an asset should be valued at ‘Lower of net realizable value’ or ‘Fair value’ ?
• Risk and rewards are transferred in _______ and not in _______.
• Price risk is the risk of a decline in the value of a security or a portfolio. How can one transfer price risk?
• For more than three years (unsecured) doubtful advances, provision will be made for
• When contrasting exchange-traded derivatives and over-the-counter derivatives, credit risks
• According to the RBI guidelines, what should be clearly spelt out at the time of financial closure of a project financed by an NBFC?
• The capital asset pricing model (CAPM) suggest that, the cost of equity is a trade-off between :
• Infrastructure Debt Funds (IDFs) can be set up as which of the following entities in India?
• Which of the following is true with respect to the Risk based supervision (RBS) for banks done by RBI?
• Consider the following statements regarding India’s updated Nationally Determined Contributions (NDCs): 1.    India aims to reduce the Emissions Inten...
• Consider the following statements with reference to the IFSCA Act: 1)    The IFSCA Act was enacted in 2019 to provide for the establishment of an author...
• The Nationalization of Banks in India took place in which year? 1)    1969 2)    1980 3)    2021
• Which of the following is not a type of bank in India?  
• What is the difference between a savings account and a current account in India?
• What is the role of the Banking Ombudsman in India?
• Consider the following statements about the budget estimates of fiscal year 2023-24. 1. The share of subsidies is more than the share of defense in Union ...
• Consider the following statements about Fiscal Policy statements mandated under FRBM Act. 1. Macroeconomic Framework Statement contains an assessment of t...
• According to the Union Budget 2023-24, consider the following statements. 1. Our current year’s economic growth i.e. FY23 is estimated to be at 7 per ce...
• According to the Union Budget 2023-24, consider the following statements. 1. During the Covid-19 pandemic with the PMGKY scheme, the government supplied f...
• According to the Union Budget 2023-24, consider the following statements. 1. The Vision for the Amrit Kaal includes a technology-driven and knowledge-base...
• According to the Union Budget 2023-24, consider the following statements. The Budget adopts seven priorities. 1. Inclusive Development 2. Reaching the La...
• According to the Union Budget 2023-24, consider the following statements. 1. Agriculture Accelerator Fund will be set-up to encourage agri startups by you...
• According to the Union Budget 2023-24, consider the following statements. 1. Atmanirbhar Clean Plant Program will be launched to boost availability of dise...
• According to the Union Budget 2023-24, consider the following statements. 1. We are the largest producer and second largest exporter of ‘Shree Anna’ i...
• Which of the following is not a feature of a primary market?
• What is the name of the regulatory body that oversees the functioning of commodity futures trading in India?
• What is the purpose of the Clearing Corporation of India Limited (CCIL) in the Indian capital market?
• Which of the following is not a function of the Securities Appellate Tribunal (SAT)?
• What is the role of the Insurance Ombudsman in India?
• What is the role of the Insurance Regulatory and Development Authority of India (IRDAI) in the insurance sector?
• What is the difference between life insurance and general insurance in India?
• What is the role of reinsurance companies in the Indian insurance market?
• Which of the following is true regarding the Insolvency and Bankruptcy Code (IBC) and its impact on insurance companies in India?  
• Which of the following statements is true about the Atal Pension Yojana (APY)?
• Which of the following pension schemes is managed by the Pension Fund Regulatory and Development Authority (PFRDA) and allows investors to choose from a ra...
• Which of the following is not a type of pension fund in India?  
• Which of the following organizations manages the pension fund for government employees in India?  
• What is the difference between bullion and numismatic coins?  
• Which of the following is not a major gold trading center?
• In which year did India's National Spot Exchange Ltd (NSEL) shut down its bullion spot exchange operations following an investigation by the Forward Market...