IC89 - MANAGEMENT ACCOUNTING-06
| Q1.Which funds are invested primarily in equity/equity-linked instruments/ partnership interests of investee companies? |
| a) Debt funds |
| b) Hedge funds |
| c) Equity funds |
| d) Private Equity(PE) Funds |
| Q2.All companies carrying on insurance business are required to maintain the solvency margin laid down by the Regulator in the country. Say whether True or False. |
| a) True |
| b) False |
| Q3.Which is the excess of proceeds of goods sold and services rendered over their cost during a particular period? |
| a) Net profit |
| b) Gross profit |
| c) Profitability ratio |
| d) Activity |
| Q4.Which market deals with Shares? |
| a) Debt Market |
| b) Equity market |
| c) Cash market |
| d) Future market |
| Q5.Which of the following is an example of financial activities? |
| a) Cash payment to employees |
| b) Cash receipts from interest received |
| c) Cash payments for taxes or refund of taxes |
| d) Payment of dividend |
| Q6.Who in proportion to their investment in the mutual funds share the profits or losses and capital appreciation realized by the mutual funds through various schemes? |
| a) Policyholder |
| b) Unit-holders |
| c) Customer |
| d) Agent |
| Q7.As per IRDA's Guidelines on Periodic Disclosures, disclosures with regards to lines of business may fall under which of the following broadheads? |
| a) Life, Non-life, and Group |
| b) Life, Pension and Group |
| c) Life, Pension and Health |
| d) Life, Health, and Group |
| Q8.How many components are there in the Balance of Payment account? |
| a) One |
| b) Two |
| c) Three |
| d) Four |
| Q9.___of a project is the sum of the present values of all the cash flows (both positive and negative) that are expected to rise over the life of the project. |
| a) Net Present Value |
| b) Cost of Capital |
| c) Internal Rate of Return |
| d) Modified Internal Rate of Return |
| Q10.In the case of a __ the owner has the right to require the sale to take place on (but not before) the maturity date. |
| a) Put option |
| b) Call option |
| c) European option |
| d) American option |