91
Finance is required for
A)
social development
B)
economic development
C)
industrial development
D)
All of these
Answer & Solution
Answer: Option
D
92
The international monetary system can be defined as the institutional framework within which
A)
international payments are made
B)
movement of capital is accomodated
C)
exchange rates among currencies are determined
D)
All of the above
Answer & Solution
Answer: Option
D
93
Riskness of investing in . . . . . . . . is more than the riskness of investing in . . . . . . . .
A)
debentures, equity shares
B)
Equity shares, debentures
C)
Both A and B
D)
None of the above
Answer & Solution
Answer: Option
D
94
Which is more appropriate for cost of retained earnings?
A)
Weighted Average Cost of Capital
B)
Opportunity cost to the firm
C)
Expected rate of return by the investor
D)
None of the above
Answer & Solution
Answer: Option
B
95
Debentures can best be described as a form of
A)
Short-term loans with variable interest rates
B)
Medium-term loan with variable interest rates
C)
Long-term loan with a fixed interest rate
D)
Long-term security giving the holder part ownership of the business
Answer & Solution
Answer: Option
C
96
A business concern should not have
A)
inadequate working capital
B)
excess working capital
C)
Both A and B
D)
None of these
Answer & Solution
Answer: Option
C
97
The rate of dividend of preference shares is decided at the time of
A)
issue
B)
dissolution of company
C)
payment
D)
None of these
Answer & Solution
Answer: Option
A
98
. . . . . . . . refers to make up of a firm's capitalisation.
A)
Capital
B)
Capital structure
C)
Funds
D)
None of these
Answer & Solution
Answer: Option
B
99
Match the items of
List-I with the items of
List-II .
List-I List-II
a. Maturity Financing
1. Trade credit and other payables that arise in the firm's day-to-day operations.
b. Factoring
2. Financing and asset needs over time.
c. Spontaneous Financing
3. A tool for accelerating the collection from the customers.
d. Lockbox System
4. Seeking financial service to finance on its debtor's balances.
A)
a-4, b-3, c-2, d-1
B)
a-3, b-2, c-4, d-1
C)
a-2, b-4, c-1, d-3
D)
a-1, b-2, c-3, d-4
Answer & Solution
Answer: Option
C
100
Public deposits are the deposits, that are raised directly from
A)
the public
B)
the directors
C)
the auditors
D)
the owners
Answer & Solution
Answer: Option
A
