Practice Financial Management Questions and Answers

• Which of the following is not correct about budgeting?
• Which of the following is not one of the ‘S’ in the 5 S technique used for controlling waste?
• _________ is a wastage controlling technique which means continuous improvement?
• There are two methodologies for the implementation of Six Sigma. Out of which one is DMAIC. Which of the following is not the correct expansion of the lett...
• Which of the following is not included in planned maintenance under Total Productive Maintenance (TPM)?
• Which of the following is not a characteristic of lean manufacturing?
• Which of the following in incorrect regarding Kanban?
• As per Section 139 of the Companies Act, 2013, every company shall, at the first AGM, appoint an individual or a firm as an auditor who shall hold office f...
• As per section 47 of Companies Act, 2013, every member of a company limited by shares and holding equity share capital shall have a right to vote on every ...
• What is the quorum required for a Board of Directors meeting according to Companies Act, 2013?
• A company shall not, at any time, vary the terms of a contract referred to in the prospectus or objects for which the prospectus was is...
• According to the provisions of Section 127 of the Companies Act, 2013, if a company fails to pay the dividend, within a period of 30 days from the date of ...
• As per Section 409 of the Companies Act, 2013, the President of the NCLT shall be a person who is or has been a Judge of a High Court for ________.
• As per Companies Act, every company shall have at least one director who stays in India for a total period of not less than _____ during the financial year...
• What is the rate of interest earned on CRR maintained by banks with RBI?
• Find the equilibrium quantity and price if the demand and supply equations are as follows:   Demand: Qd = 12 - P Supply: Qs = - 3 + 4 P
• The national income of an economy is measured as GDP of USD 5190 and GNP of USD 6220. This means that to arrive at GNP, the
• When producer bears the cost of tax, what is the impact on elasticity of demand and supply?
• If Balance of Payment is always balanced, it means ____
• Which of the following is incorrect regarding LM curve?
• Which of the following is not correct with regard to oligopoly?
• A leased asset should be depreciated over the
• A company is in need of a new plant to ramp up production at its manufacturing unit. It is contemplating ways to finance the new plant and is deciding betw...
• An entrepreneur is setting up his new business. He purchases some equipment. He also takes insurance on the equipment for which the premium is paid for 6 m...
• Definition of separation of ownership from trading rights is called as:
• A company earns good profit before the close of the financial year and declares dividend. This dividend is called:
• What is the wrong statement about NBFCs?
• The risk adjusted discount rate can be calculated by the following method:
• All the following will be included in the company’s operating activities except:
• A company’s quick ratio is 1.2. If inventory were purchased for cash, the:
• Factoring and forfeiting are two different ways of extending credit by financial institutions. Which of the following is NOT a difference between factoring...
• If an individual is unable to pay back the overdraft taken by him it is known as
• Calculate the operation cycle from the given data A.    Duration of Raw material stage B.    Duration of work in progress stage C.   Duration of ...
• Which one of the following would be an unsystematic risk for a company?
• The rate applicable to an investment lasting for n years when all the returns are realized at the end is called:
• A portfolio’s total risk is a combination of the risk of the individual investments in the portfolio. The total risk of a portfolio consists of which of ...
• Risk Shifting can be done by using which of the following financial instruments ?
• Mutual funds are pooled investment vehicles. Which of the following is a type of mutual fund that invests primarily in other schemes of the same mutual fun...
• Given that the money discount rate is 19% and Inflation is 12%, what will be the real rate of interest?
• Under the Basel III guidelines, it is advised to create a countercyclical capital buffer of 0-2.5%. Which of the following is not true about this buffer?