Licentiate Exam IC89 Mock

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Licentiate Exam IC89 Mock-Click Here


Q1.__ for replacement projects and techniques to be applied therein are comparatively simpler and easier.
   a) Cash management
   b) Investment management
   c) Capital budgeting
   d) Financial statement
 
Q2.Which means that the worth or value of a rupee received today is different from the worth of a rupee to be received in the future?
   a) Time value of money
   b) Preference of money
   c) Profit maximisation
   d) Dividend money
 
Q3.The capital Asset Pricing Model is concerned with diversifiable risk. Say whether True of False.
   a) True
   b) False
 
Q4.____ reflects the volatility of return on an investment relative to market swings.
   a) Variance
   b) St and ard deviation
   c) Beta
   d) None of these
 
Q5.Which risks refer to the risk accruing from the fact that a borrower may not pay interest and or principal on time?
   a) Financial risk
   b) Business risk
   c) Default risk
   d) Market risk
 
Q6.Few Accounting balances extracted from the financial statements and accounting schedules in annual reports of 2011-12 of Good Luck Life Insurance Co.Ltd. are given for purpose of accounting ratio analysis. From the above data and particulars, you are required to compute the Management Cost of total income?
   a) 4.25%
   b) 6.35%
   c) 6.98%
   d) 9.94%
 
Q7.____ Would not be considered for computation of conservation Ratio.
   a) Underwriting Balance ratio
   b) Net Retention ratio
   c) Single premium
   d) NPA Ratio
 
Q8.Funds are utilized for
   a) Short term resources
   b) Long term resources
   c) Only a
   d) Both a and b
 
Q9.Which system does not interact with the environment or does not change with changes in any of the above aspects?
   a) Open system
   b) Closed system
   c) Deterministic system
   d) Manual system
 
Q10.The objective/s of the IMF includes:
   a) Promotion of international economic co-operation
   b) Exchange rate stability
   c) To provide financial resources and assistance to member countries to meet the BOP requirements
   d) All of the above

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