Accounting and Finance problems
- 1. SIP full form is
Options- A. Sudden Investing Plan
- B. Systematic Investment Plan
- C. Savings Investmets Plan
- D. None of the above Also asked in: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO
Correct Answer: Systematic Investment Plan
Explanation:
SIP is Systematic Investment Plan.
- 2. The interest-rate effect suggests that
Options- A. an increase in the price level will increase the demand for money, reduce interest rates, and decrease consumption and investment spending
- B. an increase in the price level will increase the demand for money, increase interest rates, and decrease consumption and investment spending
- C. a decrease in the supply of money will increase interest rates and reduce interest-sensitive consumption and investment spending
- D. an increase in the price level will decrease the demand for money, reduce interest rates, and increase consumption and investment spending Also asked in: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO
Correct Answer: an increase in the price level will increase the demand for money, increase interest rates, and decrease consumption and investment spending
Explanation:
The interest-rate effect suggests that an increase in the price level will increase the demand for money, increase interest rates, and decrease consumption and investment spending.
- 3. A decline in the real interest rate will
Options- A. shift the investment schedule downward
- B. shift the investment schedule leftward
- C. increase the amount of investment spending
- D. None of the above Also asked in: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO
Correct Answer: increase the amount of investment spending
Explanation:
The real interest rate is the percentage increase in purchasing power that the lender receives on a loan. A decline in the real interest rate will increase the amount of investment spending.
- 4. Public policy tools involve a combination of
Options- A. equipment & penalties
- B. incentives & equipment
- C. penalties & incentives
- D. All of the above Also asked in: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO
Correct Answer: penalties & incentives
- 5. The internal rate of return is defined as the Also asked in: Analyst, Bank Clerk, Bank PO
Correct Answer: The Internal Rate of Return (IRR) is defined as the measure of an investment?s rate of return It is also called the discounted cash flow rate of return
- 6. Which of the following most impacts your credit score?
Options- A. Payment History
- B. Paying off your credit card bill
- C. credit card bill due
- D. All of the above Also asked in: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO
Correct Answer: Paying off your credit card bill
Explanation:
Paying off your credit card bill most impacts your credit score.
- 7. Smart money is a term used for
Options- A. Credit cards
- B. Cash with bank
- C. Cash with public
- D. Internet banking Also asked in: AIEEE, Bank Exams, CAT, GATE, Analyst, Bank Clerk, Bank PO
Correct Answer: Credit cards
Explanation:
Smart money is a term used for credit card.
- 8. On what basis currency value depends?
Options- A. inflation
- B. employment
- C. imports and exports
- D. All of the above Also asked in: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO
Correct Answer: All of the above
Explanation:
In economy, the currency value depends on imports and exports, inflation, employment, interest rates, growth rate, trade deficit, performance of equity markets, foreign exchange reserves, macroeconomic policies, foreign investment inflows, banking capital, commodity prices.
- 9. A budget is best described as
Options- A. A master control device
- B. The most crucial component of a company evaluation process
- C. A formal statement of a company's future plans usually expressed in monetary terms
- D. An informal statement of company future plans usually expressed in monetary terms Also asked in: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO
Correct Answer: A formal statement of a company's future plans usually expressed in monetary terms
Explanation:
A Budget is a financial plan of expected cash inflows and outflows that a business generates.
It is generally a long-term statement involving ammual updates. It is best described as A formal statement of a company's future plans usually expressed in monetary terms.
- 10. State Bank of India recently launched 'SBI Exclusif'. It is a ____ product.
Options- A. Wealth Management
- B. Loan
- C. Mutual Fund
- D. Insurance Also asked in: Bank Exams, Bank PO
Correct Answer: Wealth Management
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