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 : ______ __ 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 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 : 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 : Full service factoring is often_________ a. Recourse factoring b. Non-recourse factoring c. Agency factoring
Last Answer : a. Recourse factoring
Description : Finance is not available in the following factories service _________ a. Without Recourse factoring b. With recourse factoring c. Maturity factoring
Last Answer : c. Maturity factoring
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 : _______ is the process of updating the accounts of the trading parties. a. Underwriting b. Clearing c. Banking
Last Answer : b. Clearing
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 : 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 : 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 : A set of complex and closely connected instructions, agents, practices, markets transactions, claims and liabilities relating to financial aspects of an economy is referred as: _____. a. Financial system b. Financial market c. Financial institution
Last Answer : a. Financial system
Description : Dunham Greenberg formula is not based the consumer’s _____(a) material status b) Income level c) financial position)
Last Answer : (a) material status
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 : 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 : Under the Insolvency and Bankruptcy Code, 2016, the fees of the liquidator is paid from the proceeds of sale of the ____________of the corporate debtor. a) unencumbered liabilities b) liquidation assets c) liquidation fund d) unencumbered reserves
Last Answer : b) liquidation assets
Description : Which of the following is a revenue receipt? a) Loan from the International Monetary Fund b) Grant from the World Bank c) Borrowing from the Public d) Public Issue of shares
Last Answer : b) Grant from the World Bank
Description : The greatest security for a banker is that a________ a. Bill of Exchange b. Mutual fund c. Commercial Paper
Last Answer : a. Bill of Exchange
Description : The maximum load that a fund can exchange is determined by ________ a. SEBI b. RBI c. AMFI
Last Answer : a. SEBI
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 : As an independent valuer, the valuer should not charge __________ fee. a) professional b) success c) mandate d) legal
Last Answer : b) success
Description : IDBI, IFCI, ICICI etc. are promoted by_____.(a) private VCs b)VCFs of specialize financial institutions c) both )
Last Answer : b)VCFs of specialize financial institutions
Description : In __________ leasing, the risk of obsolescence is assumed by the lessee.(a)Financial lease b) Operational lease c) both )
Last Answer : (a)Financial lease
Description : Individuals hold their claims on real assets through ____________ in a well-developed economy. a) intangible assets b) tangible assets c) real estate d) financial assets
Last Answer : d) financial assets
Description : ‘Economies of Scale’ arises from _______ synergy in Merger and Acquisitions. a) operating b) financial c) managerial d) market
Last Answer : a) operating
Description : Which of the following is not a prescribed asset class under the Companies (Registered Valuers and Valuation) Rules, 2017? a) Enterprise b) Securities or Financial Assets c) Plant and Machinery d) Land and Buildings
Last Answer : a) Enterprise
Description : Which of the following may not be a part of projected financial statements? a) Income Statements b) Trial Balance c) Cash Flow Statements d) Balance Sheets
Last Answer : b) Trial Balance
Description : ______ refers to financing of an enterprise which has overcome the highly risky stage and have recorded profit but cannot go public, thus needs financial support. (a)Venture capital b) development capital c) seed capital)
Last Answer : b) development capital
Description : ___ Stages of financial includes financing development, expansion, buyout etc.(a) Early stage financing, b) later stage financing c) none)
Last Answer : b) later stage financing
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 : _______are financial contracts that derive their value from an underlying assets. a. Future b. Forward c. Derivatives
Last Answer : c. Derivatives
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 : Cheque card issued by a bank which guarantees the payment of_______ within prescribed limit. (a) Cheque b) purchase c) cash
Last Answer : (a) Cheque
Description : Travel and Entertainment Card (T&E) are primarily for_____ purposes.(a) purchase b) travel and entertainment c) movie )
Last Answer : b) travel and entertainment
Description : Hire purchase Act passed in the year_____.(a) 1972, b)1973,c)1975)
Last Answer : (a) 1972
Description : In hire purchase depreciation can be claimed by the____.(a) Vender b) hirer c) Financiers)
Last Answer : b) hirer
Description : The primary role of the ________ is to purchase securities from the issuer and resell them to investor. a. Underwriter b. Shareholder c. Banker
Last Answer : a. Underwriter
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 : 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 : 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 : 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 : Relief-from-royalty method estimates the value an asset based on the value of the royalty payments __________. a) from which the company is relieved due to its ownership of the asset b) made by the ... by the company from the useful life of the asset d) over and above the internal rate of return
Last Answer : a) from which the company is relieved due to its ownership of the asset
Description : The credit default spread method of valuation of a guarantee given by a parent company on behalf of its subsidiary involves estimating the value ____________. a) using credit default spread based on ... guarantor c) based on probability of default d) of the guarantee using an option pricing model
Last Answer : a) using credit default spread based on the credit rating of the subsidiary
Description : Which of the following is an asset pricing model based on the ideas that an asset’s returns can be predicted using the relationship between that asset and many common risk factors? a) Arbitrage pricing theory b) Arbitrage risk theory c) Arbitrage asset theory d) Risk pricing theory
Last Answer : a) Arbitrage pricing theory
Description : Which of the following methods is included in ‘Asset based approach’ (cost-based approach)? a) Comparable Companies’ Multiple Method b) Replacement Method c) Earnings Capitalization Method d) Discounted Cash Flow Method
Last Answer : b) Replacement Method
Description : Value of a firm is usually based on ________. a) the value of debt and equity b) the value of assets and liabilities c) the value of debt d) the value of equity
Last Answer : d) the value of equity
Description : Which one of the following statements is correct concerning the weighted average cost of capital (WACC)? a) The WACC may decrease as a firm's debt-equity ratio increases. b) In the computation of ... of the WACC is based on the number of shares outstanding multiplied by the book value per share.
Last Answer : a) The WACC may decrease as a firm's debt-equity ratio increases.
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