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Nine year olds are taller than seven year olds. This is an example of a reference drawn from
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21%
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Q1. Investment can be defined as

A) Person’s dedication to purchasing a house or flat

B) Use of capital on assets to receive returns

C) Usage of money on a production process of products and services

D) Net additions made to the nation’s capital stocks

Answer: B

Q2. The concept of Financial management is

A) Profit maximization

B) All features of obtaining and using financial resources for company operations

C) Organization of funds

D) Effective Management of every company

Answer: B

Q3. What is the primary goal of financial management?

A) To minimise the risk

B) To maximise the owner’s wealth

C) To maximise the return

D) To raise profit

Answer: B

Q4. GST is a consumption of goods and service tax based on.

A) Development

B) Dividend

C) Duration

D) Destination

Answer: D

Q5. The finance manager is accountable for.

A) Earning capital assets of the company

B) Effective management of a fund

C) Arrangement of financial resources

D) Proper utilisation of funds

Answer: C

Q6. The market value of the shares is decided by

A) The investment market

B) The government

C) Shareholders

D) The respective companies

Answer: A

Q7. The capital budget is associated with.

A) Long terms and short terms assets

B) Fixed assets

C) Long terms assets

D) Short term assets

Answer: C

Q8. CAPM stands for.

A) Capital asset pricing model.

B) Capital amount printing model.

C) Capital amount pricing model.

D) Capital asset printing model.

Answer: A

Q9. What does financial leverage measure?

A) No change with EBIT and EPS

B) The sensibility of EBIT with % change with respect to output

C) The sensibility of EPS w.r.t % change in the EBIT level

D) % variation in the level of production

Answer: C

Q10. From the below-mentioned items which are financial assets?

A) Machines

B) Bonds

C) Stocks

D) B and C

Answer: D
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1. Abridged prospectus means__________

(a) The standards of accounting or any addendum thereto for companies or class of companies referred to in section 133

(b) The articles of association of a company as originally framed or as altered from time to time or applied in pursuance of any previous company law or of this Act

(c) A memorandum containing such salient features of a prospectus as may be specified by the Securities and Exchange Board by making regulations in this behalf

(d) The standards of auditing or any addendum thereto for companies or class of companies referred to in sub-section (10) of section 143

Answer: A memorandum containing such salient features of a prospectus as may be specified by the Securities and Exchange Board by making regulations in this behalf



2. ________________means a company having the liability of its members limited by the memorandum to the amount, if any, unpaid on the shares respectively held by them.

(a) Company limited by guarantee

(b) Company limited by shares

(c) Both (a) and (b)

(d) None of these

Answer: Company limited by shares
3. Company Liquidator, in so far as it relates to the winding up of a company, means a person appointed by—

(a) The Tribunal in case of winding up by the Tribunal;



(b) The company or creditors in case of voluntary winding up,

(c) Both (a) and (b)

(d) None of these

Answer: Both (a) and (b)

4. The minimum number of members that required while you are registering a public company is___

(a) 2

(b) 6

(c) 7

(d) 5

Answer: 7

5. The minimum number of members that required while you are registering a private company is___
(a) 5

(b) 7

(c) 4

(d) 2

Answer:2
6. where the company to be formed is to be One Person Company that is to say, a _
(a) Public Company

(b) Private company

(c) Both (a) and (b)

(d) None of the above

Answer: Private company

7. The memorandum of a company is dealt under ?

(a) section 12

(b) section 15

(c) section 6

(d) section 4

Answer: section 4

8. A company may adopt all or any of the regulations contained in the model articles applicable to such a company.

(a) True

(b) False

(c)Partly True

(d) Partly False

Answer: True

9. All monies payable by any member to the company under the memorandum or articles shall be a debt due from him to_______
(a) Member

(b)The company

(c)Both (a) and (b)

(d) None of the above

Answer: The Company

10. The company shall furnish to the Registrar verification of its registered office within a period of ________ of its incorporation in such manner as may be prescribed.

(a)60 days

(b)45 days

(c) 30 days

(d)15 days

Answer: 30 days
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