WorksheetsQuizathon 1
Total questions: 30
Worksheet time: 6mins
Who determines the centre-state finance relations amongst the following?
Planning commission
Finance ministry
Finance Commission
RBI
What is the primary purpose of a budget?
To manage income and expenses
To increase wealth automatically
To reduce all taxes
To avoid paying bills
What is the primary objective of a mutual fund?
Maximize profits for asset management companies
Provide diversification to investors
Lend money to corporations
Generate tax revenue for the government
Which type of fund invests primarily in government and corporate bonds?
Equity Fund
Debt Fund
Money Market Fund
Index Fund
What is a credit score used for?
Calculating income tax
Determining eligibility for loans
Estimating annual savings
Predicting stock market performance
In portfolio diversification, which of the following is true?
It increases investment risk
It eliminates all risk
It reduces unsystematic risk
It guarantees high returns
Which recent financial event led to a surge in gold prices in 2024?
U.S. interest rate hikes
Eurozone banking crisis
Geopolitical tensions in the Middle East
Collapse of a major cryptocurrency exchange
Which regulatory body governs the mutual fund industry in India?
RBI
SEBI
IRDAI
PFRDA
Which of the following is a money market instrument?
Treasury Bill
Equity Share
Corporate Bond
Preference Share
What is the primary goal of financial management?
Maximizing shareholder wealth
Minimizing debt
Increasing employee satisfaction
Managing operational expenses
Which country recently surpassed Germany to become the world's third-largest economy in purchasing power parity?
China
India
Brazil
Japan
What is the difference between gross income and net income?
Taxes
Total expenses
Dividends
Loans
In economics, what is the "Law of Supply"?
As prices increase, supply decreases.
As prices decrease, supply increases.
As prices increase, supply remains constant.
As prices decrease, demand increases.
What is the function of interest factors in financial calculations?
To determine the prime interest rate set by central banks.
To convert future cash flows into their present value or vice versa.
To calculate tax liabilities for individuals.
To analyze stock market trends.
Which company recently became the world's most valuable publicly traded company in terms of market capitalization, surpassing $3 trillion?
Apple Inc.
Microsoft Corporation
Amazon.com Inc.
Alphabet Inc. (Google)
Which bank's mobile application did RBI ban in recent times for a security breach?
Bank of Baroda
State Bank of India
ICICI Bank
HDFC Bank
Which agency regulates the money supply in India?
The Government of India
Commercial banks
Reserve Bank of India
None of the above
Fixed Deposit A/c comes under _________ group.
Deposits
Investment
Bank A/c
Current Asset
What does devaluation of a currency mean?
decrease in the internal value of money
decrease in the external value of money
decrease both in the external and internal values of money
none of these
Which of the following is not true about goodwill?
Goodwill needs to be evaluated for impairment yearly
Goodwill is treated as a tangible asset in accounting
Goodwill is a result of purchasing a company for a price higher than the fair market value of the target company's net assets
Goodwill can be comprised of things such as good reputation, loyal client base, and brand recognition
What is an annuity?
An investment that has no definite end and a stream of cash payments that continues forever
A stream of cash flows that start one year from today and continue while growing by a constant growth rate
A series of equal payments at equal time periods and guaranteed for a fixed number of years
A series of unequal payments at equal time periods which are guaranteed for a fixed number of years
What are the primary functions of money in an economy?
Medium of exchange, Store of value, Unit of account
Source of entertainment, Tool for negotiation, Symbol of power
Means of production, Measure of labor, Indicator of wealth
Instrument of control, Sign of status, Measure of success
What is the primary function of credit cards?
Maximizing sales
Providing loans
Facilitating trade
Offering investment opportunities
What is the enterprise value of a business?
The market value of equity of the business
The book value of equity of the business
The entire value of the business without
giving consideration to its capital structure
The entire value of the business considering
its capital structure
The concept of present value relates to the idea that
The discount rate is always higher when you
invest now than in the future
The discount rate is always higher when you
invest in the future than now
The money you have now is worth less today
than an identical amount you would receive in
the future
The money you have now is worth more
today than an identical amount you would
receive in the future
Who was recently named the first woman to lead the Securities and Exchange Commission (SEBI)?
Madhabi Puri Buch
Nita Ambani
Soumya Swaminathan
Kiran Mazumdar Shaw
In finance, we refer to the market where new securities are bought and sold for the first time?
Money market
Capital market
Secondary market
Primary market
Shares of face value of 10 are 80% paid up. The company declares a dividend of 50%. Amount of dividend per share is
5
4
80
50
In Current Ratio, Current Assets are compared with:
Current Profit
Current Liabilities
Fixed Assets
Total Assets
Top 50 companies listed in BSE
Top 30 companies listed in BSE
Top 30 companies listed in NSE
Top 50 companies listed in NSE
