As per Basel III, the risk of losses in on-balance sheet and off-balance sheet positions arising from movements in market prices is called___________
A) Credit Risk
B) Market Risk C) Pricing Risk D) Liquidity Risk
A) Credit Risk
B) Market Risk C) Pricing Risk D) Liquidity Risk
Anonymous Quiz
17%
A
38%
B
21%
C
24%
D
BIS stands for:
A) Bank Information Settlements
B) Bank for International Standardization C) Bank for International Settlements D) None of The Above
A) Bank Information Settlements
B) Bank for International Standardization C) Bank for International Settlements D) None of The Above
Anonymous Quiz
18%
A
31%
B
39%
C
11%
D
Which of the following denomination of bank note is currently not being issued by RBI?
A) Rs 2
B) Rs 5 C) Rs 10 D) Both A and B
A) Rs 2
B) Rs 5 C) Rs 10 D) Both A and B
Anonymous Quiz
29%
A
15%
B
13%
C
43%
D
What is the full form of GIRO?
A) General Internal Receiving Order
B) General Interbank Recurring Order C) Generic Interbank Remote Order D) Generic Internal Remote Order
A) General Internal Receiving Order
B) General Interbank Recurring Order C) Generic Interbank Remote Order D) Generic Internal Remote Order
Anonymous Quiz
25%
A
44%
B
19%
C
12%
D
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Which of the following is not a method of overheads absorption โ (a) Percentage of direct material cost
(b) Machine hour rate
(c) Repeated distribution method (d) Labour hour rate.
(b) Machine hour rate
(c) Repeated distribution method (d) Labour hour rate.
Anonymous Quiz
26%
a
15%
b
46%
c
13%
d
Interest coverage ratio is obtained by dividing EBIT by โ
(a) Interest (b) Tax
(c) Income (d) Sales.
(a) Interest (b) Tax
(c) Income (d) Sales.
Anonymous Quiz
48%
a
17%
b
16%
c
19%
d
A technique where standardized principles and methods of cost accounting are employed by
a number a number of different companies is termed as โ (a) Uniform costing
(b) Absorption costing (c) Standard costing (d) ABC costing.
a number a number of different companies is termed as โ (a) Uniform costing
(b) Absorption costing (c) Standard costing (d) ABC costing.
Anonymous Quiz
19%
a
19%
b
44%
c
18%
d
The prime function of management accounting is to โ
(a) Record business transactions
(b) Interpret financial data (c) Assist the management in performing its functions effectively (d) Assist tax authorities.
(a) Record business transactions
(b) Interpret financial data (c) Assist the management in performing its functions effectively (d) Assist tax authorities.
Anonymous Quiz
17%
a
23%
b
54%
c
6%
d
Multiple costing is followed in โ (a) Biscuit factory
(b) Steel industry
(c) Brick making (d) Cycle manufacturing.
(b) Steel industry
(c) Brick making (d) Cycle manufacturing.
Anonymous Quiz
16%
a
25%
b
16%
c
44%
d
Statement-I
Sunk cost is one that has already been incurred and cannot be avoided by decisions in the future.
Statement-II For decision making, it is required that such cost should be incurred. Select the correct answer from the options given below โ
Sunk cost is one that has already been incurred and cannot be avoided by decisions in the future.
Statement-II For decision making, it is required that such cost should be incurred. Select the correct answer from the options given below โ
Anonymous Quiz
38%
(a) Both statements are correct
17%
(b) Both statements are incorrect
23%
(c) Statement-I is incorrect, but Statement-II is correct
22%
(d) Statement-I is correct, but Statement-II is incorrect
Which section of me Companies Act, 2013 deals with audit of cost accounting records โ (a) Section 158
(b) Section 148
(c) Section 168 (d) Section 139.
(b) Section 148
(c) Section 168 (d) Section 139.
Anonymous Quiz
14%
a
40%
b
28%
c
19%
d
Rent, rates and insurance of factory and office are examples of โ (a) Direct expenses
(b) Indirect expenses
(c) Notional expenses (d) Miscellaneous expenses.
(b) Indirect expenses
(c) Notional expenses (d) Miscellaneous expenses.
Anonymous Quiz
35%
a
44%
b
10%
c
11%
d
Which of the following formula is used to calculate efficiency ratio โ
Anonymous Quiz
11%
Actual hours/ Budgeted hours ร100
36%
Standard hours for actual production/ Actual Hours ร100
31%
Standard hours for actual production/ Budgeted hours ร100
23%
Actual hours/ Standard hours for actual production ร100