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Current Ratio 06.02.2024

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Prepare of cash flow statement

a)

Mandatory

b)

Recommendatory

c)

Required under the companies act

d)

None of these.

2.

Solvency ratio indicate ___________________

a)

Profitability

b)

Activity

c)

Credit worthyness

d)

None of these

3.

Current ratio indicates

a)

Ability to meet short term obligations

b)

Efficiency of Management

c)

Profitability

d)

None of these.

4.

Which Commission recommended the formation of Reserve Bank of India (RBI) ?

a)

Hilton Young Commission

b)

Kelkar Commission

c)

B. shivaraman commission

d)

Jain commission

5.

The liquid ratio should be around

a)

4

b)

2

c)

5

d)

1

6.

Which bank is a specialized financial institution for financing, facilitating and promoting foreign trade of India?

a)

ICICI

b)

EXIM

c)

NABARD

d)

IFCI

7.

Consumption of raw material is based on __________ budget

a)

Flexible budget

b)

Cost budget

c)

Sales budget

d)

Production budget

8.

Cash flows include

a)

Cash receipts only

b)

Cash payments only

c)

Cash receipts and payment

d)

Cash and non-cash incomes and expenses.

9.

When was Reserve Bank of India (RBI) formed?

a)

1930

b)

1935

c)

1947

d)

1949

10.

Short term investment is

a)

A current asset

b)

A current liability

c)

An application of funds

d)

All of these