Licentiate Exam IC89 Mock
| 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 |