IC89 MANAGEMENT ACCOUNTING - 08

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Que. 1 : Q1) In the global market today, the currency of country is traded against another's in a profitable manner. The market that enables this trade of currency is called________.

   1.  a) Indian Exchange rate

   2.  b) Foreign Exchange rate

   3.  c) Investment management

   4.  d) Portfolio management

Que. 2 : Q2) Financial statements of mutual funds or Assets management companies are to be prepared in the____________ Format and in compliance with all requirements set out in the______________ of the companies Act, 2013.

   1.  a) Schedule I, Schedule III

   2.  b) Schedule II, Schedule III

   3.  c) Schedule III, Schedule III

   4.  d) Schedule I, Schedule II

Que. 3 : Q3) What is a transferable instrument evidencing a fixed number of equity shares of an issuing company being an Indian company, denominated in the foreign currency, which is traded in foreign exchange?

   1.  a) Risk analysis

   2.  b) Depository receipts

   3.  c) Operation Chart

   4.  d) Par value

Que. 4 : Q4) In view of market place financial derivatives are classified into how many categories?

   1.  a) One

   2.  b) Two

   3.  c) Three

   4.  d) Four

Que. 5 : Q5) Government securities generally have maturity period ranging from ___________.

   1.  a) 1-45 years

   2.  b) 2-35 years

   3.  c) 3-30 years

   4.  d) 4-50 years