Question

1. Which of the following statement is true?
2 points
An option is a claim without any liability
The wealth of a firm is defined as the market price of the firm’s stock
The maximization of profit is often considered as an implied objective of a firm
All of the above
2. Which one of the following is a non-fund transaction?
2 points
Dividend paid
Redemption of debenture
Bonus issue
Re-issue of forfeited shares
3. Amount spent on an advertisement campaign, the benefit of which is likely to last for three years is a
2 points
Capital expenditure
Revenue expenditure
Deferred revenue expenditure
None of the above
4. LIBOR is a term for
2 points
International financial market
Common Euro Market
Capital Market
Accounting Principles
5. Which of the following factors should be considered while estimating the useful life of a depreciable asset?
2 points
Expected physical wear and tear
Obsolescence
Legal or other limits on the use of asset
All of the above
6. The primary relationship between a banker and customer starts from the time
2 points
When customer visits the bank
When customer opens account
when customer visits the bank to made queries
All of the above
7. In Relatively Elastic Demand ED is = _________
2 points
E = 1
E = 0
E > 1
E < 1
8. Which of the following is correct
2 points
TC= TFC+ TVC
TFC= TC- TVC
TVC= TC- TFC
All of the above
9. A highly liquid security is a
2 points
Mutual fund unit
Treasury bills
Share
Commercial paper
10. What do you mean by ECB in financial terms?
2 points
External commercial borrowings
Essential commercial borrowings
External credit and business
Essential credit and borrowing
11. Which one of the following rates is not decided by RBI?
2 points
Repo rate
Base rate
Bank rate
Marginal standing facility rate
12. In growing organisation the specialized staff is needed by ___________
2 points
Line Manager
HR Manager
Staff Manager
All of the above

Answer 1

Answer:

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