Question 1

Which of the following is considered to be the key segment of Indian Money Market?

Accepted Answer

A) Call Money 
B) Commercial Bill 
C) Inter-Corporate Deposit 
D) Inter-Bank Participations 
A) Call Money 
B) Commercial Bill 
C) Inter-Corporate Deposit 
D) Inter-Bank Participations A

Question 2

CARE stands for :

Accepted Answer

A) Credit Appraisal and Research Enterprise 
B) Credit Analysis and Research Enterprise 
C) Credit Analysis and Research Limited 
D) Credit and Rating Enterprise. 
A) Credit Appraisal and Research Enterprise 
B) Credit Analysis and Research Enterprise 
C) Credit Analysis and Research Limited 
D) Credit and Rating Enterprise. C

Question 3

For Meghal Industries Ltd. opening balance for Provision for Taxation is Rs. 18,000 and closing balance is Rs. 15,000. During the year Taxed paid wereRs. 10,000. What is the current year's Provision for Taxation made from the profit?

Accepted Answer

A) Rs. 3,000 
B) Rs. 13,000 
C) Rs. 7,000 
D) Rs. 23,000 
A) Rs. 3,000 
B) Rs. 13,000 
C) Rs. 7,000 
D) Rs. 23,000 C

Question 4

Fund Flow Statement is also known as:

Accepted Answer

A) Statement of Funds Flow 
B) Statement of Sources and Application of Funds 
C) Statement of Sources and uses of Funds 
D) All of the above 
A) Statement of Funds Flow 
B) Statement of Sources and Application of Funds 
C) Statement of Sources and uses of Funds 
D) All of the above

Question 5

Which of the following are treated as long term investments?

Accepted Answer

A) Non-current Investments 
B) Trade Investments 
C) Sinking Fund Investments 
D) All of the above 
A) Non-current Investments 
B) Trade Investments 
C) Sinking Fund Investments 
D) All of the above

Question 6

A statement demonstrating the movement of funds into and out of the business during the course of accounting period is known as ___________

Accepted Answer

A) Cash Flow Statement 
B) Fund Flow Statement 
C) Adjusted Profit & Loss Statement 
D) Statement of changes in Working Capital 
A) Cash Flow Statement 
B) Fund Flow Statement 
C) Adjusted Profit & Loss Statement 
D) Statement of changes in Working Capital

Question 7

ICRA was promoted by _____________ jointly with other leading investment institutions, commercial banks and financial service companies.

Accepted Answer

A) ICICI 
B) IFCI 
C) IDBI 
D) LIC 
A) ICICI 
B) IFCI 
C) IDBI 
D) LIC

Question 8

For Ram Industries, the balance of property has beenRs 20,000 and Rs 17,000 in 2018 and 2019 respectively. The profit on sale of property of Rs 2000 is credited to Capital Reserves Account. New property costing Rs 5000 bought in 2019. Determine sale proceeds forproperty.

Accepted Answer

A) Rs. 3,000 
B) Rs. 10,000 
C) Rs. 7,000 
D) Rs. 15,000 
A) Rs. 3,000 
B) Rs. 10,000 
C) Rs. 7,000 
D) Rs. 15,000

Question 9

Credit Rating is beneficial to :

Accepted Answer

A) Subscribers 
B) Regulators 
C) Issuers 
D) All of the above 
A) Subscribers 
B) Regulators 
C) Issuers 
D) All of the above

Question 10

Which of the following is an important tool to finance credit sales?

Accepted Answer

A) Commercial Bill 
B) Treasury Bill 
C) Commercial Paper 
D) Certificate of Deposit 
A) Commercial Bill 
B) Treasury Bill 
C) Commercial Paper 
D) Certificate of Deposit

Question 11

Analysis of funds is rightly called an Analysis of __________

Accepted Answer

A) Working Capital 
B) Current Assets 
C) Current Liabilities 
D) None of the above 
A) Working Capital 
B) Current Assets 
C) Current Liabilities 
D) None of the above

Question 12

Among the following items, which represents the source of fund?

Accepted Answer

A) Increase in Capital 
B) Borrowing / Loan 
C) Profit from Business Operations 
D) All of the above 
A) Increase in Capital 
B) Borrowing / Loan 
C) Profit from Business Operations 
D) All of the above

Question 13

The Funds Flow and Cash Flow statements fail to give a clear idea about profitability of the company.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following are Current Liabilities?

Accepted Answer

A) Sundry Creditors 
B) Bank Overdraft 
C) Outstanding Salaries 
D) All of the Above 
A) Sundry Creditors 
B) Bank Overdraft 
C) Outstanding Salaries 
D) All of the Above

Question 15

First Credit Rating Agency of India is ____________.

Accepted Answer

A) CRISIL 
B) CARE 
C) CARE. 
D) Moody's Investor Service 
A) CRISIL 
B) CARE 
C) CARE. 
D) Moody's Investor Service

Question 16

CRISIL was set up in which year?

Accepted Answer

A) 1988 
B) 1987 
C) 1986 
D) 1985 
A) 1988 
B) 1987 
C) 1986 
D) 1985

Question 17

The balance of fixed assets of Breej Ltd. at the end of 2018 and 2019 were Rs 5,70,800 and Rs 6,15,300. During the year 2019 a machinery costing Rs 60,000 was sold. Determine the purchase of fixed assets.

Accepted Answer

A) Rs. 1,04,500 
B) Rs. 1,40,500 
C) Rs. 1,64,500 
D) Rs. 44,500 
A) Rs. 1,04,500 
B) Rs. 1,40,500 
C) Rs. 1,64,500 
D) Rs. 44,500

Question 18

Which of the following rules stands true while preparation of Schedule of changes in workingcapital?
1) An increase in current assets increases working capital.
2) An increase in current assets decreases working capital.
3) An increase in current liabilities decreases working capital.
4) An increase in current liabilities increases working capital

Accepted Answer

A) 1 and 3 
B) 1 and 4 
C) 2 and 4 
D) 1, 2,3 and 4 
A) 1 and 3 
B) 1 and 4 
C) 2 and 4 
D) 1, 2,3 and 4

Question 19

Which of the following are Non-current Assets?

Accepted Answer

A) Land, Building and Plant 
B) Bills Receivable 
C) Debtors 
D) Pre-paid Expenses 
A) Land, Building and Plant 
B) Bills Receivable 
C) Debtors 
D) Pre-paid Expenses

Question 20

Which of the following is not a part of rating methodology?

Accepted Answer

A) Business Analysis 
B) Financial Analysis 
C) Management Evaluation 
D) Subscriber Evaluation 
A) Business Analysis 
B) Financial Analysis 
C) Management Evaluation 
D) Subscriber Evaluation

Which of the following is considered to be the key segment of Indian Money Market?

CARE stands for :

For Meghal Industries Ltd. opening balance for Provision for Taxation is Rs. 18,000 and closing balance is Rs. 15,000. During the year Taxed paid wereRs. 10,000. What is the current year's Provision for Taxation made from the profit?

Fund Flow Statement is also known as:

Which of the following are treated as long term investments?

A statement demonstrating the movement of funds into and out of the business during the course of accounting period is known as ___________

ICRA was promoted by _____________ jointly with other leading investment institutions, commercial banks and financial service companies.

For Ram Industries, the balance of property has beenRs 20,000 and Rs 17,000 in 2018 and 2019 respectively. The profit on sale of property of Rs 2000 is credited to Capital Reserves Account. New property costing Rs 5000 bought in 2019. Determine sale proceeds forproperty.

Credit Rating is beneficial to :

Which of the following is an important tool to finance credit sales?

Analysis of funds is rightly called an Analysis of __________

Among the following items, which represents the source of fund?

The Funds Flow and Cash Flow statements fail to give a clear idea about profitability of the company.

Which of the following are Current Liabilities?

First Credit Rating Agency of India is ____________.

CRISIL was set up in which year?

The balance of fixed assets of Breej Ltd. at the end of 2018 and 2019 were Rs 5,70,800 and Rs 6,15,300. During the year 2019 a machinery costing Rs 60,000 was sold. Determine the purchase of fixed assets.

Which of the following are Non-current Assets?

Which of the following is not a part of rating methodology?

Capital Market and Money Market in India

Foreign Exchange and Capital Markets

Stock Market and Financial Instruments in India

Financial Management and Accounting

International Finance and Investment

Filters

Exam 2: Financial and Accounting

Which of the following is considered to be the key segment of Indian Money Market?

CARE stands for :

For Meghal Industries Ltd. opening balance for Provision for Taxation is Rs. 18,000 and closing balance is Rs. 15,000. During the year Taxed paid wereRs. 10,000. What is the current year's Provision for Taxation made from the profit?

Fund Flow Statement is also known as:

Which of the following are treated as long term investments?

A statement demonstrating the movement of funds into and out of the business during the course of accounting period is known as ___________

ICRA was promoted by _____________ jointly with other leading investment institutions, commercial banks and financial service companies.

For Ram Industries, the balance of property has beenRs 20,000 and Rs 17,000 in 2018 and 2019 respectively. The profit on sale of property of Rs 2000 is credited to Capital Reserves Account. New property costing Rs 5000 bought in 2019. Determine sale proceeds forproperty.

Credit Rating is beneficial to :

Which of the following is an important tool to finance credit sales?

Analysis of funds is rightly called an Analysis of __________

Among the following items, which represents the source of fund?

The Funds Flow and Cash Flow statements fail to give a clear idea about profitability of the company.

Which of the following are Current Liabilities?

First Credit Rating Agency of India is ____________.

CRISIL was set up in which year?

The balance of fixed assets of Breej Ltd. at the end of 2018 and 2019 were Rs 5,70,800 and Rs 6,15,300. During the year 2019 a machinery costing Rs 60,000 was sold. Determine the purchase of fixed assets.

Which of the following are Non-current Assets?

Which of the following is not a part of rating methodology?

Capital Market and Money Market in India

Foreign Exchange and Capital Markets

Stock Market and Financial Instruments in India

Financial Management and Accounting

International Finance and Investment

Filters