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41
Assertion (A): The financial statements prepared on a historical cost basis, results in an erosion of capital in the long run.
Reason (R): Maintaining the books of accounts as per the current purchasing power technique only may contain the inflationary pressure.
Which is the correct statement?
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Answer & Solution
Answer: Option B
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42
In SARFAESI Act, 'E' stands for
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Answer: Option D
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43
What is the popular term used for a type of option in Foreign Exchange Market which provides the holder with the right to purchase or sell foreign currency at the most favourable exchange rate realized over the life of the option?
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Answer: Option C
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44
Which of the following refers to cash inflow under the payback period method?
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Answer: Option D
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45
In the Fiat system
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Answer: Option A
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46
Finance is related to
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Answer: Option A
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47
Which of the following are key characteristics of ordinary shares in limited companies?
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Answer: Option A
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48
Which of the following statement is/are correct?
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Answer: Option C
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49
Which form of market efficiency states that current security prices fully reflect all information, both public and private?
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Answer: Option C
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50
Which form of market efficiency states that current prices fully reflect the historical sequence of prices?
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Answer: Option A
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