Description : The problem of small scale industries are related to which of the following a. Finance and credit b. Corruption c. Fiscal deficit d. Reduction in CRR
Last Answer : c. HSBC bank
Description : Which of the following is not the role of public sector in India a. Export Promotion b. Import Substitution c. Foreign exchange earnings d. Increase in unemployment
Last Answer : Answer: Increase in unemployment
Description : Government policy on disinvestment was introduced in India since a. 1995 b. 1991 c. 1980 d. 1972
Last Answer : b. 1991
Description : A profit centre is a centre (a) Where the manager has the responsibility of generating and maximising profits (b) Which is concerned with earning an adequate Return on Investment (c) Both of the above (d) Which manages cost
Last Answer : (a) Where the manager has the responsibility of generating and maximising profits
Description : Which of these is not an objective of Cost Accounting? (a) Ascertainment of Cost (b) Determination of Selling Price (c) Cost Control and Cost reduction (d) Assisting Shareholders in decision making
Last Answer : (d) Assisting Shareholders in decision making
Description : Which of the following is not the significance of small scale industries a. Employment generation b. Reduction of fiscal deficit c. Contribution to exports d. Mobilization of capital
Last Answer : Reduction of fiscal deficit
Description : Which of the following is not the objectives of disinvestment policy a. Raising resources b. Raising productive efficiency c. Reduce public interference d. To increase the role of government
Last Answer : - To increase the role of government
Description : Which among the following Committee was related to Financial Inclusion? [A] Vaghul Committee [B] Raghuram Rajan Committee [C] Dr. Rakesh Mohan Committee [D] Venketaiya Committee
Last Answer : D [Credit Rationing]
Description : Which among the following is not a power of RBI? A inspection of banks B Nationalization of Banks C Call of returns
Last Answer : B [Nationalization of Banks]
Description : Waste or refuse arising out of manufacturing activity of output cleared for home consumption shall be charged to import duty as _____. A waste or refuse B output C waste or refuse or output D Input
Last Answer : Ans :output
Description : Waste or refuse arising out of manufacturing activity of output exported shall be charged to import duty as _____ if such waste or refuse is cleared for home consumption. A waste or refuse B imported goods C waste or refuse or output D Scrap
Last Answer : waste or refuse
Description : Maximum warehousing period for goods belonging to 100% Export Oriented Unit is _____. A 5 years B 3 years C 1 year D no limit on time period
Last Answer : Ans :no limit on time period
Description : A bond that is executed for warehousing of goods imported in multiple imports is referred to as _____ bond. A Special B General C Higher D Lower
Last Answer : Ans :Higher
Description : Special warehouses are _____ by customs department. A Controlled B Approved C Licensed D Not licenced
Last Answer : Ans :Controlled
Description : Public warehouses are _____ by customs department. A Controlled B Approved C Licensed D Not licenced
Last Answer : Ans :Licensed
Description : Clearing goods for home consumption is one of the ways of _____ removal of goods from warehouse. A proper B waste or refuse C output D Improper
Last Answer : Ans :proper
Description : Goods not belonging to 100% EOU, EHTP, STP can be stored up to _____ days before being cleared for home consumption without attracting any interest. A 90 B 80 C 70 D 20
Last Answer : Ans :90
Description : Interest rate for a unit not belonging to 100% EOU, EHTP, STP for storing goods beyond 90 days shall be _____ % p.a. A 25 B 15 C 10 D 8
Last Answer : 15
Description : Warehousing bond shall be _____ times of duty assessed on the date of warehousing. A 2 B 3 C 1 D 4
Last Answer : 3
Description : Goodwill is an ______ asset. A Intangible B Tangible C Asset D Liability
Last Answer : Intangible
Description : EVA is calculated on the basis of A NPAT B NPBT C NOPAT D Gross Profit
Last Answer : NOPAT
Description : Quoted shares are those shares which are A Listed on the stock exchange B Quoted daily C Quoted by the seller D Quoted by the buyer
Last Answer : ANS: Listed on the stock exchange
Description : Capital employed is Rs.50,000 Trading Profit amounted Rs.12,200, Rs.15,000 and Rs.2000 loss for 2016, 2017 and 2018 respectively. Rate of interest is 8% and the rate of risk is 2% Remuneration from alternative employment of the ... A Rs.8,000 B Rs.8,800 C Rs.8,850 D Rs.9,500 ANS: Rs.8,850
Last Answer : A
Description : Super Profit is Rs.9,167 and the Normal Rate of Return is 10% Goodwill as per capitalization of Super Profit method is equal to A Rs.91,670 B Rs.90,600 C Rs.67,910 D Rs.95,000
Last Answer : ANS: Rs 91670
Description : Average Profit is Rs.19,167 and normal profit is `10,000. The Super Profit is A Rs.9,167 B Rs.29,167 C Rs.19,167 D Rs.10,000
Last Answer : ANS: Rs 9167
Description : Rate of interest is 11% and the rate of risk is 9%. The normal rate of return is A 11% B 9% C 20% D 2%
Last Answer : 20%
Description : Capital employed at the end of the year is Rs.4,20,000. Profit earned Rs.40.000. Average capital employed is A Rs.4,20,000 B Rs.4,00,000 C Rs.4,40,000 D Rs.4,60,000
Last Answer : Rs 400000
Description : Depreciation is shown in ____________________. a. P & L statement b. Current Assets c. Investments d. Creditors
Last Answer : a. P & L statement
Description : Companies having net worth in excess of Rs.______ crore are covered at the first phase. a. Rs.1000 Crores b. Rs. 500 Crores c. Rs. 200 Crores d. Rs. 100 Crores
Last Answer : a. Uniformity
Description : Interest on investment is calculated on ____ a. Face value b. Market value c. Cost
Last Answer : Face value
Description : Net Profit of the society is Rs. 100000. 25 % should be transferred to reserve fund. Calculate the amount to be transferred to the reserve fund___ a. Rs 28000 b. Rs 25000 c. Rs 20000 d. Rs 18000
Last Answer : Rs.25000
Description : Balance sheet of a cooperative Housing Society should be prepared in ____ a. Form A b. Form B c. Form C d. From D
Last Answer : Form A
Description : A greater portion of returns from conventional debt investments is generally through a. Capital gain b. Interest income c. Dividend income d. Inflation
Last Answer : a. Capital gain
Description : Investments of a mutual fund scheme are held by a. Custodianb. Board of Trustees c. AMC d. RTA
Last Answer : a. Custodian
Description : _________ is a measure of risk-adjusted return a. Simple return b. Standard Deviation c. Beta d. Sharpe Ratio ANS: Sharpe Ratio
Last Answer : ANS: Sharpe Ratio
Description : Standard quantity of material per unit 5KG. Standard Price Rs 5 per KG. actual number of units 400 units. Actual quantity 2,200KG and price of material Rs 4.80 per kg. Calculate material price. a) 100(F) b) 500(A) c) 440(F) d) 600(F)
Last Answer : The standard quantity of material per unit is 5KG, so the standard quantity for 400 units would be: Standard quantity = 5KG/unit x 400 units = 2000KG The standard price per KG is Rs 5, so the ... material cost was lower than the standard material cost. Option (c) is the correct answer: 440(F).
Description : Formula for calculating Material cost variance = ________ a) (SQ*SR) – (AQ* AR b) AQ (SP-AP) c) SP(SQ- RSQ) d) SP(SQ-AQ)
Last Answer : a) (SQ*SR) – (AQ* AR
Description : Technique helps the manager in taking various important decisions. a) Standard costing b) marginal costing c) absorption costing d) Budgeting costing
Last Answer : b) marginal costing
Description : cost of product as determined under standard cost system is _______ a) Fixed cost b) Master budget c) Direct cost d) Pre-determined cost
Last Answer : d) Pre-determined cost
Description : There are 2 plants manufacturing the same product under one corporate management which has decided to merge them. Calculate Break -even point of the merged plant. Particulars Plant I Plant II Capacity operation 100% ... 000 2,40,000 Variable cost 4,40,000 1,80,000 Fixed cost 80,000 50,000simpl
Last Answer : c) Rs 5,00,000
Description : Break-even point in Rs is Calculated as _________ a) Fixed cost/ contribution per unit b) Fixed cost / p/ V ratio c) Fixed cost + desired profit/ Contribution per unit d) Fixed cost + desired profit/ P/V ratio.simpl
Last Answer : b) Fixed cost / p/ V ratio
Description : Production at 60% activity is Rs 600 units, if flexible budget needs to be calculated at 80% activity what will be units produced? a) Rs 800 b) Rs 600 c) Rs 1200 d) Rs 1000
Last Answer : a) Rs 800
Description : The budget which is dynamic is ___________. a) Flexible budget b) sales budget c) cash budget d) purchase budget
Last Answer : b) sales budget
Description : _______ is the first development bank of the country. A. ICICI. B. IDBI. C. SFC. D. IFCI.
Last Answer : D. IFCI.
Description : With ICICI and BoB sold there shareholding in CIBIL, who has bought their percentage of shares? A) Aditya Birla Trustee Company Private Ltd. B) Indian Overseas Bank C) TransUnion International Inc D) Union Bank of India E) India Infoline Finance Limited
Last Answer : C) TransUnion International Inc Explanation: Earlier the shareholding patterns of CIBIL were TransUnion International Inc (66.1%) ICICI Bank Ltd (6%) Bank of Baroda (5%) Bank of India (5%) Union ... Private Ltd. (4%) India Alternatives Private Equity Fund (2.9%) India Infoline Finance Limited (1%)
Description : Which of the following has exited the shareholding of CIBIL? A) ICICI and Bank of India B) United Bank of India and Aditya Birla Trustee Company Private Ltd. C) United Bank of India and Bank of Baroda D) ICICI and Bank of Baroda E) Indian Overseas Bank and ICICI
Last Answer : D) ICICI and Bank of Baroda Explanation: ICICI Bank has sold its whole six per cent stake in the company, while Bank of Baroda has sold its whole five per cent holding.
Description : Which of the following holds minority stake in CIBIL? A. Bank of India B. TransUnion International C. Aditya Birla Trustee Company Private Ltd D. ICICI Bank Ltd E. India Infoline Finance Limited
Last Answer : E. India Infoline Finance Limited Explanation: India Infoline Finance Limited – 1%
Description : Which of the following holds 4% stake in CIBIL? A. Bank of India B. TransUnion International C. Aditya Birla Trustee Company Private Ltd D. ICICI Bank Ltd E. India Infoline Finance Limited
Last Answer : C. Aditya Birla Trustee Company Private Ltd Explanation: Aditya Birla Trustee Company Private Ltd – 4%
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