Description : Budget card requires monthly payment on behalf of that ______.(a) holder b) banker c) seller)
Last Answer : (a) holder
Description : ______ is used to estimate the worthiness of the credit for company, country or any individual company. .(a) credit evaluation b) Credit rating c) both )
Last Answer : b) Credit rating
Description : ______ is an isolated function of a credit risk evaluation.(a) Credit rating b) credit evaluation c) both )
Last Answer : (a) Credit rating
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 : ______ 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 : An applicant scoring more than ______ point is considered as one with goods credit standing.(a)50 b)70 c) 40)
Last Answer : b)70
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 : Credit card facility is an excellent example of revolving credit_____(a) Cash credit b) secured credit c) revolving credit)
Last Answer : c) revolving credit)
Description : What is the age criteria for joint holder (spouse) in case of joint SCSS account a) Joint holder also to attain 60 years b) No age criteria for join holder c) Should be attain 55 years d) All the above
Last Answer : b) No age criteria for join holder
Description : The sum of ages of family members (both children and parents) is 360 years.The total ages of children and parents are in the ratio 2:1 and the ages of wife and husband are in the ratio 5:7.What will be the age of husband? A.65 B.75 C.72 D.70
Last Answer : Answer : D (70) ExplanationSum of ages is 360 years.The ratio of children and parents ages is 2:1. Total age of parents = 360 x 1 / 3 = 120 years Ratio of wife and husband age is 5:7. Therefore, the age of husband = 120 x 7 / 12 = 70 Hence the age of husband is 70 years.
Description : _____ is useful in differentiating credit quality. .(a) Credit rating b) credit evaluation c) both )
Description : _____ is a process of evaluating risk associated with the credit instrument.(a) Credit rating b) credit evaluation c) both )
Description : The limitations of credit rating include______.(a)Rating changes b) Industry specific c) both)
Last Answer : c) both)
Description : The credit ratings are expressed as____.(a) Alphabetical b) Alpha numerical c) both)
Last Answer : b) Alpha numerical
Description : Methods of consumer credit scoring are______.(a) Specific Fixed Formula b)Machinery risk formula c) Both)
Last Answer : c) Both)
Description : If the aggregate fair market value of prescribed movable property received by a taxpayer as gift during the year is Rs.1,50,000, tax will be charged on ______. a) Rs.1,00,000 b) Rs.50,000 c) Rs.1,50,000 d) Rs.0
Last Answer : c) Rs.1,50,000
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 : If interest rates are expected to increase, the coupon payment structure most likely to benefit the issuer is a ______. a) step-up coupon b) inflation-linked coupon c) put option d) cap in a floating-rate note
Last Answer : d) cap in a floating-rate note
Description : valuer should not use or divulge to other clients or any other party any confidential information about the ______ company. a) subject b) client c) public d) listed
Last Answer : a) subject
Description : ______ refers to the transfer of management control by creating a separate business by separating it from their existing owner.(a) Buy Out b) Buy in c)
Last Answer : (a) Buy Out
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 : Buying low in one market and selling high in the other market , it called ______ a. Arbitrage trading b. Hedging c. Clearing
Last Answer : a. Arbitrage trading
Description : Underwriters build up ______ confidence in the issue of securities. a. Borrowers b. Investors c. Company
Last Answer : b. Investors
Description : ______ Banks help to revive (cure) sick industrial units. a. Public b. Merchant c. All
Last Answer : b. Merchant
Description : ______ __ services are mainly provided to foreign investors. a. Custodial Services b. Financial Services c. Factoring Services
Last Answer : a. Custodial Services
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 : 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 : During a merger and acquisition transaction, the ability to find and use good comparable data for a valuation is relatively ____________. a) easy because each successful company within an industry ... depth, product diversity and access to lines of credit seldom match the company being valued
Last Answer : d) difficult because size differential, management depth, product diversity and access to lines of credit seldom match the company being valued
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 : ___________ is the risk that an issuer will fail to satisfy the terms of the agreement with respect to the timely payment of interest and principal. a) Default risk b) Credit spread risk c) Volatility risk d) Downgrade risk
Last Answer : a) Default risk
Description : Credit rating is an expression of credit rating agencies regarding debt instrument on a specific date on______. (a) Risk evaluation b) Product c) services)
Last Answer : (a) Risk evaluation
Description : Under forfaiting the client is able to get credit facility to the extent of_______ a. 100% of the value of the export bill b. 80% of the value of the export bill c. 90% of the value of the export bill
Last Answer : a. 100% of the value of the export bill
Description : The availability of cash and other cash like marketable instruments that are useful in purchases and investments are commonly known as _______ a. Liquidity b. Credit c. Marketability
Last Answer : a. Liquidity
Description : Securities issued by companies are traded in _______________. a) derivatives market b) tertiary market c) primary market d) secondary market
Last Answer : Which of the following is not a conduct most people associate with ethical behaviour? a) Bargaining b) Respect for others c) Loyalty d) Pursuit of excellence
Description : What is the relation between fiscal deficit (FD) and primary deficit (PD)? a) PD = FD - Depreciation b) PD = FD - Interest payments c) FD = PD - Interest payments d) FD = PD - Depreciation
Last Answer : PD = FD - Interest payments
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 : 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 : ____ Card issued jointly by a member bank, and non-finance organization.(a) co branded b) budget c) Smart)
Last Answer : (a) co branded
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 : The average age of a family of 6 members is 22 years. If the age of the youngest member be 7 years, then what was the average age of the family at the birth of the youngest member? A.15 B.18 C.28 D.24 E.None of these
Last Answer : Answer – B (18) Explanation – Total age of all members = 6 x 22 = 132 years 7 years ago, total sum of ages = 132 – (6 x 7) = 90 years But at that time there were 5 members in the family Average at that time = 90 /5 = 18 years
Description : An investment pays Rs.300 annually for five years, with the first payment occurring today. The present value of the investment discounted at a 4% annual rate is approximately __________. a) Rs.1336 b) Rs.1389 c) Rs.1625 d) Rs.1925
Last Answer : b) Rs.1389
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 : _____stages is an ‘applied research’ phase.(a) venture capital b) seed capital c)both)
Last Answer : b) seed capital
Description : Features of venture capital includes ____.(a) high risk b) high technology c)both)
Last Answer : c)both)
Description : The early stage financing of venture capital includes _____ (a) start ups b) second round finance c) both).
Last Answer : c) both).
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 : _____is referred as both fund based and fee based financial service.(a) Higher purchase b) underwriting c) Factoring)
Last Answer : b) underwriting
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 : Mark the incorrect option a) Not more than one policy will be allowed for one child. The policy can be taken by insured for his/her own child only b) Not more than two children in a family shall be ... policy d) The age of the child note more than 18 year at the time of issue of children policy
Last Answer : d) The age of the child note more than 18 year at the time of issue of children pol