NEW
Font size
WorksheetsFinance Buzz
Total questions: 56
Worksheet time: 33mins
Business environment includes which of the following?
Internal and External forces
Only internal forces
Only external forces
Competitors only
SWOT stands for —
Strengths, Weaknesses, Opportunities, Threats
System, Work, Output, Targets
Strategy, Weakness, Output, Team
Structure, Workforce, Opportunities, Targets
PESTLE stands for —
Political, Economic, Social, Technological, Legal, Environmental
Public, Economic, Social, Technical, Legal, Ethical
Political, Environmental, Social, Technical, Legal, Ethical
Policy, Economic, System, Technical, Legal, Ethics
Which of these is not a feature of business environment?
Dynamic
Interrelated
Unchangeable
Complex
Which component of SWOT reflects internal strength?
Skilled workforce
Political stability
Technological advancement
Market trends
Which of the following best represents an opportunity in SWOT?
Change in consumer preference favoring firm’s product
Increase in competition
High employee turnover
Government restrictions
A business environment helps in —
Identifying threats and opportunities
Controlling competition
Avoiding all risks
Guaranteeing profits
Which is not part of PESTLE?
Economic
Legal
Organizational
Technological
Customers are part of —
Micro environment
Macro environment
Internal environment
Global environment
Economic policies are part of —
Micro environment
Macro environment
Internal environment
Task environment
Competitors belong to —
Micro environment
Macro environment
Internal environment
Strategic environment
Inflation is part of which environment?
Micro
Macro
Internal
Social
Suppliers are part of —
Micro environment
Macro environment
Internal environment
Both
Government regulations affect —
Macro environment
Micro environment
Both equally
None
Technological change belongs to —
Macro environment
Micro environment
Internal factors
Financial environment
A change in global oil price is part of —
Macro environment
Micro environment
Economic decision
Internal policy
NEFT stands for —
National Electronic Funds Transfer
National Exchange Funds Transfer
Network Electronic Financial Transfer
National Electronic Financial Transaction
RTGS stands for —
Real Time Gross Settlement
Rapid Transfer Gross Settlement
Real Transaction Gross System
Retail Time Gross Settlement
Minimum limit for RTGS transfer is —
n2 lakh
n1 lakh
n10,000
n50,000
IMPS stands for —
Immediate Payment Service
Instant Payment System
Internet Money Payment Service
Immediate Money Processing System
E-banking means —
Banking through electronic channels
Manual banking
Offline transactions
Cheque-based payments only
Which of these is not a benefit of e-banking?
Time saving
Convenience
Paperwork reduction
Increase in manual errors
Which system works 24x7?
NEFT
RTGS
IMPS
Cheque Clearing
OTP in banking stands for —
One Time Password
Online Transaction Pin
One Time Process
Online Token Password
Working capital = ?
Current Assets - Current Liabilities
Fixed Assets - Liabilities
Current Liabilities - Current Assets
Cash + Debtors
Which factor affects working capital?
Business nature
Production cycle
Credit policy
All of these
High working capital means —
More liquidity
Less liquidity
Loss situation
Zero capital
Seasonal industries require —
Fluctuating working capital
Permanent working capital
Fixed capital
No capital
Shortage of raw materials will —
Reduce working capital
Increase working capital
No effect
Stabilize capital
Which is not a type of working capital?
Permanent
Temporary
Fixed
Variable
Cash credit is a source of —
Short-term finance
Long-term finance
Fixed capital
Reserve capital
Which ratio is linked to working capital?
Current ratio
Debt-equity ratio
Fixed turnover ratio
Profit ratio
Short-term finance is used for —
Working capital needs
Purchase of machinery
Long projects
Equity investment
Long-term finance is used for —
Fixed asset purchase
Inventory management
Wages payment
Short-term debt
Trade credit is —
Credit extended by suppliers
Credit extended by banks
Credit given to shareholders
None of these
Public deposits are raised from —
General public
Government
Employees only
Shareholders
Inter corporate deposits are —
Deposits between companies
Deposits from government
Deposits to individuals
Deposits from banks
Preference shares provide —
Fixed dividend
Voting rights
No dividend
Guaranteed profits
Debentures represent —
Loan capital
Ownership capital
Reserves
Bonus issue
Equity shareholders are —
Owners of company
Creditors
Debtors
Depositors
Bonus shares are —
Issued free to shareholders
Issued for cash
Issued to employees
Issued to debenture holders
Sweat equity shares are issued to —
Employees for their contribution
Shareholders for bonus
Public for free
Debenture holders
Principle of unity of command means —
One boss, one order
Two bosses, one worker
Many supervisors
Flexible authority
Which of these is a function of management?
Planning
Arguing
Ignoring
Disorganizing
Planning involves —
Setting objectives
Hiring employees
Directing subordinates
Controlling expenses
Taylor is known for —
Scientific management
Administrative management
Bureaucratic management
Modern management
Fayol is known for —
Administrative management
Scientific management
Modern theory
Contingency theory
Planning helps in —
Reducing uncertainty
Increasing chaos
Avoiding goals
Wasting time
Taylor’s principle of harmony refers to —
Cooperation, not individualism
Individual performance only
Strict supervision
Financial incentives only
Scalar chain means —
Chain of authority
Chain of suppliers
Chain of employees
Chain of planning
Which is not a principle of Fayol?
Discipline
Order
Unity of direction
Division of losses
Planning is —
Future-oriented
Past-oriented
Random
Irrelevant
Coordination is —
Essence of management
Optional function
Unimportant
Temporary
A firm’s working capital is n5,00,000 and current assets n9,00,000. Find current liabilities.
n4,00,000
n14,00,000
n5,00,000
n9,00,000
Which principle of management is violated when an employee gets orders from two superiors?
Unity of Command
Scalar Chain
Authority and Responsibility
Centralization
Which finance source involves issue of securities to existing shareholders?
Right issue
Bonus issue
Public issue
Private placement
