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Home Interview Accounting and Finance Comments

  • Question
  • 'Equity schemes managed strong NAV gains, which boost their assets' was a news in some financial newspapers. What is the full form of the term NAV as used in above head lines ?


  • Options
  • A. Nil Accounting Variation
  • B. New Asset Venture
  • C. Net Accounting Venture
  • D. Net Asset Value

  • Correct Answer
  • Net Asset Value 

    Explanation

    Net asset value (NAV) is value per share of a mutual fund or an exchange-traded fund (ETF) on a specific date or time. It  is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds, since shares of such funds registered with the U.S. Securities and Exchange Commission are redeemed at their net asset value.

  • Tags: CAT, Bank Exams, Bank PO, Bank Clerk

    Accounting and Finance problems


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    • 1. Which type of assets should be capitalized and when expense out?
    • Discuss
    • 2. What is the table that is used for aging bucket report, what is the main purpose of this report?
    • Discuss
    • 3. Which capital gains tax on property?
    • Discuss
    • 4. A debit signifies a decrease in

    • Options
    • A. revenues
    • B. liability
    • C. owner's equity
    • D. All of the above
    • Discuss
    • 5. Which of these is an example of eminent domain?

    • Options
    • A. a corporator forces public for sell their lands to him
    • B. a state forces people to sell their fields for building highway
    • C. Both A & B
    • D. None of the above
    • Discuss
    • 6. Goods that are excludable include both

    • Options
    • A. public goods and common resources
    • B. common resources and private goods
    • C. natural monopolies and public goods
    • D. private goods and natural monopolies
    • Discuss
    • 7. What is cash budget ?
    • Discuss
    • 8. Managerial accounting information is generally prepared for

    • Options
    • A. creditors
    • B. regulatory agencies
    • C. shareholders
    • D. managers
    • Discuss
    • 9. What opportunities does a financial downturn present to financiers?
    • Discuss
    • 10. What is SLR rate?
    • Discuss


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