IC89 Exam Series
| Q1.Which is also known as multinational finance? |
| a) National finance |
| b) International finance |
| c) State Finance |
| d) None of these |
| Q2.What refers to Investment management, which is a complex process of making decisions about the investment mix and policy, matching investment to objectives, asset allocation for individuals and instructions, and balancing risk against performance? |
| a) Technical analysis |
| b) Financial analysis |
| c) Portfolio management |
| d) Financial statement |
| Q3.Which of the following is an example of a Market Test Ratio? |
| a) Total Asset Turnover Ratio |
| b) Current Ratio |
| c) Payout Ratio |
| d) Labour cost Ratio |
| Q4. Which of the following is a major solvency ratio? |
| a) Cash ratio |
| b) Operating ratio |
| c) Propriety ratio |
| d) Inventory turnover ratio |
| Q5.Which of the following are the correct methods for calculating the Material cost ratio? |
| a) Cost of materials / Net sales x 100 |
| b) Selling / Net sales x 100 |
| c) Net sales / Cost of materials x 100 |
| d) None of these |
| Q6.Every insurer shall constitute an _____ Which shall consist of a minimum of two non-executive directors of the insurer, the Chief Executive officer, Chief of Finance. |
| a) Investment policy |
| b) Investment committee |
| c) Investment operations |
| d) Investment Rules |
| Q7.The ____ enables every organization or individual to move or operate in a well-planned course and manner to arrive at the predetermined destination. |
| a) Planning |
| b) Co-ordination |
| c) Budgetary control |
| d) None of these |
| Q8.The difference between the cash inflows and outflows is known as ____. |
| a) Net cash flow |
| b) Cash |
| c) Fund flow statement |
| d) Operating activities |
| Q9.What refers to the Exchange rate which is expressed by a pair of currencies in which none of the currencies is the currency of the country? |
| a) Bid |
| b) Offer |
| c) Spread |
| d) Cross Rates |
| Q10.Which can be briefly described as a statement of sources and application of funds, showing the analysis of changes in the financial positions of an enterprise between two financial periods or balance sheet dates? |
| a) Cash flow statement |
| b) Fund flow statement |
| c) Funds |
| d) Flow of funds |