Practice Financial Management Questions and Answers

• Name the document which is known as the charter of the company whose purpose is to enable the shareholders, creditors and those dealing with the company to...
• A banking company has to submit to Reserve Bank under Section 25(1) of the Banking Regulation Act, a return regarding its assets in India. The frequency of...
• _____________ are known as the stipulation collateral to the main purpose of the contract.
• A person to whom financial debt has been legally assigned or transferred to, shall be termed in the Insolvency and Bankruptcy Code (IBC) in India as?
• Under which of the following type of guarantees, the banker guarantees payment of installments spread over a period?
• In which of the following LOCs, the beneficiary is liable on a bill drawn by him under an LC?
• Letter of credit is opened at the request of whom among the following?
• The process of financial audit begins with?
• Qualified audit report means:
• Under the SARFAESI Act a who can enforce the security interest created in his favour without the intervention of the Court or Tribunal?
• In case of banks deals with Mutual Funds, which combination among the following will be applicable for the regulatory Purposes?
• The term CHIPS stands for: 
• Digital Ledger technology (DLT) is also known as?
• A negotiable certificate issued by a bank representing shares in a foreign company traded on a local stock exchange is called?
• When an existing company issues fresh shares, the existing shareholders get the priority to subscribe to these additional new shares, such shares are calle...
• Changes in Inventories of finished goods, work-in-progress and stock-in-trade will be calculated by which of the following?
• Which of the following is represented by an estimated amount to meet a loss or expense in future?
• Which among the following is important to assess the Gearing ratio? 
• Tenure of first auditor shall be from the date of appointment till the?
• How is working capital finance calculated for Micro and Small Enterprises (MSEs) with working capital limits of up to Rupees five crore?
• What is the Minimum Holding Period (MHP) for loans with a tenor of up to 2 years before they can be transferred by the transferor?
• What action should lenders take when a stressed loan is transferred to an ARC at a price below the Net Book Value (NBV)?
• According to the income recognition policy, when can interest on advances against Term Deposits, NSCs, KVPs, and life insurance policies be taken to the in...
• How should fees and commissions earned by banks through debt renegotiations or rescheduling be recognized?
• An asset would be classified as substandard if it has remained an NPA for a period:
• In accordance with the recently published discussion paper on Introduction of Expected Credit Loss Framework for Provisioning by Banks on which of the belo...
• Regarding the secured portion, what is the provisioning requirement for an advance that has remained in the 'doubtful' category for one to three years?
• To enhance reliability on stock valuation and minimize divergence arising from differences in assessment of security value, which of the following measures...
• What is the general provision required for substandard assets, without considering ECGC guarantee cover and securities available?
• What provision is required for substandard infrastructure loan accounts?
• What is the concessional rate of interest provided under the Differential Rate of Interest (DRI) Scheme?
• As per the recently published discussion paper on Introduction of Expected Credit Loss Framework for Provisioning by Banks, on the basis of credit risk as ...
• Which organization has been designated as the Nodal Agency for issuing guarantee cover under the Credit Enhancement Guarantee Scheme for Scheduled Castes (...
• As per the Gazette Notification on the new criteria for classifying the enterprises as Micro, Small and Medium enterprises, what is the maximum investment ...
• Which of the following is correct about Commercial Papers (CP)?
• Which of the following exposures/counterparties would not be considered to have a SICR as per RBI discussion paper on ECL model for banks: I.  Stressed ex...
• Under written down value method of Depreciation, the WDV of the asset is always:
• Which of the following statements correctly describes the meaning of Indian Depository Receipt (IDR)?
• As per the recently published discussion paper on expected credit loss model for banks, loss allowances on lease receivables and contractual guarantees wou...
• As per realization principle, revenue will be recognized: