Description : Refactoring charges have to be paid in the case of _________ a. With recourse factoring b. Invoice factoring c. Full service factoring
Last Answer : a. With recourse factoring
Description : Credit Protection is available in ______ a. Without Recourse factoring b. With recourse factoring c. None of the above
Last Answer : a. Without Recourse factoring
Description : Sales Ledger Administration is available in the following factoring services_____ a. Without Recourse factoring b. With recourse factoring c. Invoice discounting
Last Answer : c. Invoice discounting
Description : Full service factoring is often_________ a. Recourse factoring b. Non-recourse factoring c. Agency factoring
Last Answer : a. Recourse factoring
Description : Buying a company’s accounts receivable on a nonrecourse basis is known as _________ a. Trading b. Billing c. Factoring
Last Answer : c. Factoring
Description : _____is referred as both fund based and fee based financial service.(a) Higher purchase b) underwriting c) Factoring)
Last Answer : b) underwriting
Description : A perpetual bond does not have a fixed _________. a) interest rate b) maturity period c) duration d) underlying asset
Last Answer : b) maturity period
Description : The Idea of providing factoring services was first thought of in India by_____. a. Tandem committee b. Malhotra committee c. Vaghul committee
Last Answer : c. Vaghul committee
Description : ______ __ services are mainly provided to foreign investors. a. Custodial Services b. Financial Services c. Factoring Services
Last Answer : a. Custodial Services
Description : The process of selling trade debts of a client to a financial intermediary is called______ a. Factoring b. Securitisation c. Materialisation
Last Answer : a. Factoring
Description : The collar of a floating-rate bond refers to the minimum and maximum ______. a) call periods b) maturity dates c) coupon rates d) yields to maturity
Last Answer : c) coupon rates
Description : Which of the following bonds has the shortest duration? a) A bond with 20-year maturity, 10% coupon rate b) A bond with 20-year maturity, 6% coupon rate c) A bond with 10-year maturity, 6% coupon rate d) A bond with 10-year maturity, 10% coupon rate
Last Answer : All else constant, a bond with a longer maturity will be more sensitive to changes in interest rates. All else constant, a bond with a lower coupon will have greater interest rate risk. The correct answer was D) 10-year maturity, 10 percent coupon rate.
Description : ______ is a market for financial assets which have a long or indefinite maturity. a. Financial market b. Capital market c. Money market
Last Answer : b. Capital market
Description : ____ Card issued jointly by a member bank, and non-finance organization.(a) co branded b) budget c) Smart)
Last Answer : (a) co branded
Description : ______Card can be issued to parties for undertaking any activities coming under the purview to direct finance to agriculture.(a) secured b) unsecured c) Fixed )
Last Answer : b) unsecured
Description : The effective rate of interest on consumer finance is generally _______than the rate applicable to business finance.(a) Lower b) Higher c) Medium)
Last Answer : b) Higher
Description : _____ is the stages when commercial manufacturing has to commence.(a) Start Ups b) second round finance c) both )
Last Answer : (a) Start Ups
Description : The early stage financing of venture capital includes _____ (a) start ups b) second round finance c) both).
Last Answer : c) both).
Description : The setting up of the National Housing Bank (NHB), a fully owned subsidiary of the Reserve Bank of India in _____ as the apex institution marketed the beginning of emergence housing finance as a fund based financial services in India.(a) 1987, b) 1978, c)1988)
Last Answer : c)1988)
Description : ___is known as mezzanine capital.(a)Development financing b) expansion financing c) replacement finance)
Last Answer : .(a)Development financing
Description : NBFC performs great role for finance in _______ a. Wholesale sector b. Big Scale industries c. Small scale and Retail sector
Last Answer : c. Small scale and Retail sector
Description : A’ leases land to ‘B’ on condition that he shall walk a hundred miles in an hour. The lease is _________. a) valid b) void c) voidable d) legal Ans.(b)
Last Answer : b) void
Description : In HPLC, the stationary phase is made of _________ and the mobile phase is made of _________ A. Solid, liquid B. Liquid, liquid C. Liquid, gas D. Solid, gas
Last Answer : A. Solid, liquid
Description : The term _________ refers financial investment in highly risky and growth oriented venture with the objective of earning a high rate of retune.(a) Venture capital)Merchant banking c)leasing)
Last Answer : (a) Venture
Description : NBFC is a company registered under _________. a. The Indian Contract Act b. The Companies Act, 1956 c. The RBI Act
Last Answer : c. The RBI Act
Description : The exemption under section 54 of the Income Tax Act, 1961 is available ___________. e) to the extent of capital gain invested in the house property f) proportionate to the net consideration price invested g) to the extent of amount actually invested h) to the extent of net consideration
Last Answer : to the extent of capital gain invested in the house property
Description : Which of the following is not a financial service under the Insolvency and Bankruptcy Code, 2016? a) Accepting of deposits b) Effecting contracts of insurance c) Payment of wages to employees d) Establishing an investment scheme
Last Answer : c) Payment of wages to employees
Description : ______ is the opinion of the rating agency on the relative ability and willingness of the issuer of the debt instrument to meet the debt service obligation as and when the arise. (a) merit rating b) credit rating c) rating by merchant banker )
Last Answer : (a) merit rating
Description : The central theme of forfaiting is the purchasing of ________by a financial service company. d. Trade bill e. Export bill f. Import bill
Last Answer : e. Export bill
Description : Banking sector comes under which of the following sectors ________. a. Marketing sector b. Service sector c. Industrial sector
Last Answer : b. Service sector
Description : What is an intangible asset? a) Non-monetary asset with physical substance b) Monetary asset without physical substance c) Non-monetary asset without physical substance d) Monetary asset with physical substance
Last Answer : c) Non-monetary asset without physical substance
Description : The free cash flow to the firm (FCFF) is closest to ___________. a) Rs.130 lakh b) Rs.112 lakh c) Rs.118 lakh d) Rs.124 lakh
Last Answer : c) Rs.118 lakh
Description : The terminal value in year 6 is closest to __________. a) Rs.22.57 b) Rs.20.42 c) Rs.24.30 d) Rs.25.70
Last Answer : a) Rs.22.57
Description : The per share value Dev should assign to RC Ltd. is closest to ___________. a) Rs.15.35 b) Rs.20.86 c) Rs.17.35 d) Rs.18.46
Last Answer : c) Rs.17.35
Description : The required rate of return is closest to ____________. a) 10.012% b) 7.062% c) 0.062% c) 11.065%
Last Answer : c) 0.062%
Description : There are two income-based approaches that are primarily used when valuing a business, the Capitalization of Cash Flow Method and the ___________. a) Net Present Value Method b) IRR Method c) Discounted Cash Flow Method d) Discounted Payback Period
Last Answer : c) Discounted Cash Flow Method
Description : Which of the following is the capitalization rate of the BC Ltd.? a) 5.0% b) 3 % c) 4% d) 4.5%
Last Answer : c) 4%
Description : What is the annual future earnings of the AZ Ltd. using ‘Capitalization of Earning Method’? a) Rs.150 crore b) Rs.180 crore c) Rs.200 crore d) Rs.190 crore
Last Answer : c) Rs.200 crore
Description : Under the SARFAESI Act, 2002, the Central Registrar may allow the filing of the particulars of creation of security interest within _____ next following the expiry of the period of initial thirty days on payment of additional fee. a) Ten days b) Thirty days c) Twenty-five days d) Fifteen days
Last Answer : b) Thirty days
Description : According to RBI Guidelines on Sale of Stressed Assets by Banks, identification of stressed assets beyond a specified value, as may be determined by bank’s policy, for sale is ___________. a) Top-down b) Bottom–top c) Horizontal d) Vertical
Last Answer : a) Top-down
Description : STRIPS stands for ______________. a) Separate Trading of Registered Interest and Principal Shares b) Segregated Trading of Registered Interest and Principal Securities c) Separate Trading of ... Interest and Principal Securities d) Segregated Trading of Registered Interest and Principal Shares
Last Answer : c) Separate Trading of Registered Interest and Principal Securitie
Description : Which statute governs external commercial borrowing? e) Foreign Exchange Maximization Act, 1972 f) Foreign Exchange Management Act, 1999 g) Foreign Exchange Minimization Act, 2004 h) Foreign Exchange Regulation Act, 1972
Last Answer : f) Foreign Exchange Management Act, 1999
Description : Under the SEBI (Share Based Employee Benefits) Regulations, 2014, appreciation means the difference between the ______________. a) market price of the share of a company on the date of exercise of stock ... a company on the date of exercise of share appreciation right (SAR) and the SAR price.
Last Answer : market price of the share of a company on the date of exercise of stock appreciation right (SAR) or vesting of SAR, as the case may be, and the SAR price.
Description : Which of the following is the act of taking a risk for a fee? e) Guidewire f) Initial Public Offering g) Predictive analytics h) Underwriting
Last Answer : h) Underwriting
Description : A Tribunal makes an order under section 230 of the Companies Act, 2013 sanctioning a compromise or an arrangement in respect of a company. In this context, strike the odd one out: a) It will ... . c) It can modify the order or compromise. d) It can ask for creditors' responsibility statement.
Last Answer : d) It can ask for creditors’ responsibility statement.
Description : Which of the following statements is true? a) Debenture holder is an owner of the company. b) Debenture holder can get back its money only on the liquidation of the company. c) A debenture issued ... can be redeemed at a premium. d) A debenture holder receives interest only in the event of profits
Last Answer : c) A debenture issued at a discount can be redeemed at a premium.
Description : Measurement and disclosure do not apply to which of the following? a) Leasing based transactions b) Net realizable values/Impairment of Assets c) Share based payments d) Price received to sell or buy an asset
Last Answer : d) Price received to sell or buy an asset
Description : The decline in the combined ratio is most likely to indicate that the insurer has ___________. a) increased its administration expenses b) increased its long term borrowing c) improved its investment returns d) improved its underwriting results
Last Answer : d) improved its underwriting results
Description : An investment entity evaluates the performance of its investments on __________value basis. a) fair b) book c) market d) use
Last Answer : a) fair
Description : What adjustment is made while using the Discounted Cash Flow method to value cyclical companies? a) Normalize earnings b) Use high discount rate c) Use bank rate for discounting d) Use high growth rate
Last Answer : a) Normalize earnings