Financial Management (Paper II & III UGC/NET)
Description: Test - 13 | |
Number of Questions: 25 | |
Created by: Shaka Gupte | |
Tags: Test - 13 Financial & Management Accounting Industrial Policy and Implementation Banking and Financial Institution Demand Analysis and Elasticity of Demand Organising Funds Flow Analysis Recruitment and Selection Capital Adequacy Norms Accounting Balance of Payments |
SEZ Policy in India is motivated by the experience of:
M. Narasirnham headed:
Under kinked demand model, the demand curve for the firm's product is drawn on the assumption that
Which is the oldest type of organisation'?
If net profit is Rs. 25,000/- after writing off preliminary expenses of Rs. 5000/- then the funds from operation will be:
Capital Adequacy Norms declared in the year, 1996, is applicable to
Recruitment is concerned with the process of:
The devaluation of currency of a country is done when __________ (i) It has adverse balance of payments. (ii) It has favourable balance of payments.
Recruitment and selection involves the following except:
In a factory, there are 1000 workers consisting of 400 A-Grade workers and 600 B-Grade workers. In A-Grade, 300 are male workers; and in B-Grade, only 200 are male workers. How many female workers are there in the factory?
Which combination of the following factors has driven globalization in the recent past? I. Growth of multinational corporations. II. Internationalization of finance. III. Increased international trade.
Attrition is related to:
From which date have all Banks started sharing their ATM free of cost for transactions?
Human relations approach of Management is associated with:
The main purpose of the Control function is to:
A letter of credit means:
Match the following:
List - I | |
List - II | |
(a) WTO | |
(i) Provides loans to address short-term balance of payments problems. | |
(b) RBI | |
(ii) Multilateral trade negotiating body. | |
(c) IMF | |
(iii) Facilitating lending and borrowing for reconstruction and development. | |
(d) IBRD | |
(iv) Central Bank of India. | |
The gains from two nations depend on:
Process of delegation of authority involves:
Match the items from List - I with the items in List - II:
List - I | |
List - II | |
(a) Error of Principle | |
(i) A purchase of Rs. 1000/- has not been recorded | |
(b) Error of Commission | |
(ii) Treating repair charges as addition to assets | |
(c) Error of Omission | |
(iii) A sale of Rs. 563 was posted as Rs. 653 | |
(d) Compensatory error | |
(iv) Sales book is undercast by Rs. 1000/- and return inward book is overcast by Rs. 1000 | |
(v) Return inward book is undercast by Rs. 1000/- and purchase book is overcast by Rs. 1000/ | |
Statement - I: Standard error of the mean is the standard deviation of the sampling distribution of mean. Statement - II: Simple random sampling is non-probability sampling method. Which of the following combination is correct?
Match the items in List - I with items in List - II:
List - I | |
List - II | |
(a) Peter F. Drucker | |
(i) Unity of command | |
(b) Henry FayoL | |
(ii) Achievement Motivation | |
(c) McAurthy | |
(iii) M.B.O. | |
(d) McLeland | |
(iv) 4 Ps of marketing | |
In the technique of MBO: (i) Overall objectives are set at the top of the organisational hierarchy (ii) Individual objectives coincide with objectives of the organization (iii) Performance should be evaluated periodically (iv) Objectives are decided at the subordinate level
Match the following:
List - I | |
List - II | |
(a) Indira Awas Yojana | |
(i) This programtne was launched in 2001 This programme aims at providing wage employment in rural areas and food security to the people. | |
(b) Sampoorna Grameen Yojana | |
(ii) This is a major scheme for construction of houses to be given to the poor, free of Cost | |
(c) Pradhan Mantri Gram Sadak Yojana | |
(iii) This was introduced in April 1999 as a result of restructuring and combining the Integrated Rural Development Programme. | |
(d) Swaran Jayanti Gram Swarozgar Yojana | |
(iv) This was introduced in December 2000 to provide road- connectivity through good all weather roads to unconnected villages. | |
Which of the following is an important reason for studying accounting?
Directions: Read the following passage and answer the given question.
Accounting is the process of identifying, measuring and communicating economic information to permit informed judgements and decisions by the users of the information, It primarily focusses on measurement, analysis, interpretation and use of information, As an information system, accounting links an information source, a channel of communication and set of receivers. Accounting system should be designed to classify financial information on a basis suitable for decision-making purposes and to process the tremendous quantities of data efficiently and accurately. Financial accounting is concerned with providing information to external users and it is oriented towards the preparation of final statements which summarises the results of operations for selected periods of time and show the financial position of business at particular date. Management accounting is concerned with providing information to managers to carry out their responsibilities and functions such as planning, execution, control and decision- making. The end product of the financial accounting process is a set of reports called financial statement, such as, profit and loss account, balance-sheet and statement of changes in financial position. Profit & loss account shows the results of operations for a period of time, balance-sheet shows financial position on certain date and statement of changes in financial position shows where the financial resources have come and where they have gone.