When a company is not earning profits, which of the following securities proves a burden on the finances of the company:
A. Equity shares
B. Preference shares
C. Redeemable preference shares
D. Debentures
Select an option to see the answer and solution.
Steel Authority of India Ltd. (SAIL) is an example of:
A. Amalgamation
B. Holding Company
C. Cartel arrangement
D. Community interest
Select an option to see the answer and solution.
If a company has contingent liabilities, they appear in the . . . . . . . .
A. Balance sheet
B. Director's report
C. Foot note down the balance sheet
D. Chairman's report
Select an option to see the answer and solution.
The highest percentage of export from India went to which of the following regions in 2013-14?
A. OECD countries
B. USA
C. SAARC
D. Latin America
Select an option to see the answer and solution.
Which one of the following statements is correct?
A. SEBI has been constituted under the Securities (Contract and Regulation) Act, 1956
B. SEBI is constituted from amongst the directors of various stock exchanges
C. The purpose of issuing different types of rules and regulations by SEBI is to bring monetary gains to investors
D. One of the object of setting up SEBI is to protect the interests of investors
Select an option to see the answer and solution.
Secondary market intermediaries for corporate securities in India are
(I) Investors
(II) Jobbers
(III) Brokers and sub-brokers
(IV) Portfolio consultants
A. I, II and III only
B. II, III and IV only
C. II and III only
D. III and IV only
Select an option to see the answer and solution.
Outstanding salary account is a . . . . . . . . account.
A. Nominal account
B. Real account
C. Artificial person's account
D. Representative personal account
Select an option to see the answer and solution.
The full form of ESOP is Employee . . . . . . . . plan.
A. Skill option
B. Stock option
C. Stock Ownership
D. Skill Ownership
Select an option to see the answer and solution.
Return on Investment (ROI) ratio is calculated to measure the following:
A. Long term solvency of business
B. Earning capacity of net assets of business
C. Short-term liquidity position of business
D. The relationship between goods sold and the inventory level
Select an option to see the answer and solution.
The allocation of owner's private expenses to his/her business violates which of the following?
A. Accrual concept
B. Matching concept
C. Separate business entity concept
D. Consistency concept
Select an option to see the answer and solution.
Central control is found in
A. Vertical combination
B. Horizontal combination
C. Circular combination
D. Diagonal combination
Select an option to see the answer and solution.
In case, the assets are worth Rs. 20,00,000, tax is Rs. 25,000 net worth is Rs. 10,00,000 and profit before tax is Rs. 2,25,000, the return on investment will be:
Select an option to see the answer and solution.
Journal Entries are known as book of . . . . . . . . Entry.
A. Original
B. Duplicate
C. Personal
D. Nominal
Select an option to see the answer and solution.
The Principle of 'Caveat Emptor' is governed by which of the following Act?
A. Indian Contract Act 1872
B. Sales of Goods Act 1930
C. Indian Partnership Act 1932
D. Negotiable Instruments Act 1881
Select an option to see the answer and solution.
Duplicating is a
A. Methods of photocopying
B. Process of blue printing
C. Methods of stencil duplication
D. Process of electrical photography
Select an option to see the answer and solution.
Which one of the following assumptions is not covered in the Walter's Model of the dividend policy?
A. All financing is done through retained earnings
B. Firm's business risk does not change due to additional investments
C. The firm has an infinite life
D. The key variables like EPS and DPS keep on changing
Select an option to see the answer and solution.
The convention of disclosure implies that all material information should be:
A. Disclosed in the account
B. Disclosed in the accounts which is required to owner
C. Not disclosed
D. None of these
Select an option to see the answer and solution.
The work of factory employees that can be physically associated with converting raw material into finished goods is classified as:
A. Manufacturing overhead
B. Indirect materials
C. Indirect labour
D. Direct labour
Select an option to see the answer and solution.
Which of the following statement is correct in regards to Ad Valorem Tariffs?
(1) It is a fixed fees levied on imported goods.
(2) It is levied based on the items value.
Select the correct answer from the options given below:
A. Only (1)
B. Only (2)
C. Both (1) and (2)
D. Neither (1) nor (2)
Select an option to see the answer and solution.
According to SEBI guidelines a company has to create a debenture redemption reserve equal to:
A. 40% of debentures to be redeemed
B. 50% of debentures to be redeemed
C. 70% of debentures to be redeemed
D. 75% of debentures to be redeemed
Select an option to see the answer and solution.