Finance Quiz

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Which word was derived from the French word Bougette meaning 'Little Bag' – Budget

What does 'Asset Tripping' mean - Buying a company to sell its assets

1. ADR stands for


A) All Depositary Receipts C) African Depositary Receipts
B) Asian Depositary Receipts D) American Depositary Receipts

2. NASDAQ stands for


A) North American Share Dealers Association Quotes
B) National Association of Securities Dealers Automated Quotations
C) National All Stocks Dealers Automated Quotations
D) Networks of Acquired Securities Distribution Application Quotations

3. In the Context of Mutual Funds, ELSS means


A) Endowment Linked Savings Scheme
B) Equity Linked Savings Scheme
C) Established Line Savings Scheme
D) Entrepreneurs Line Savings Scheme

4. What does AMORTIZATION means?

_______________________________________________________
_______________________________________________________

5. What is the Green Shoe Option (or) Over Allotment?


______________________________________________________
______________________________________________________

6. Which of the following features make it less prone to counter party risk
A) No Initial Cost
B) Margin Cost
C) Predetermined Price
D) Pre-Specified Delivery Month

7. Which among the following is not long term source of Capital


A) Mortgage
B) Debentures
C) Bank Overdraft
D) Share Capital

8. What is Arthayudh
A) A Battle in a Bank
B) A Request for Raising Money
C) A Finance Fest in Christ University
D) A Sanskrit Word for Recession

9. A financial statement to show what business owes & owes at a particular point of
time is
A) Profit & Loss A/C
B) Trial Balance
C) Balance Sheet
D) Final Accounts

10. One of the important rule in accounting is Debit ______________ & Credit
___________

A) Receiver, Giver
B) Owner , Customer
C) Customers, Owner
D) Goods, Cash

11. What is Opportunity Cost


A) The Next best undergone alternative
B) The cost of the product
C) The next best stands for earnings
D) The next foregone alternative
12. Are Asset debited or Credited when it increase
A) Debited
B) Credited
C) Both Can Be done

13. Which of the following list of Asset found in Balance Sheet


A) Cash, Account Receivables, Marketable Securities, inventory, Prepaid Exps &
common Stock
B) Cash, Account Receivables, Marketable Securities, inventory & Prepaid Exps
C) Cash, Account Receivables, Marketable Securities, inventory & Operating Exps

14. The Balance Sheet Equation is


A) ASSET / EQUITY = LIABILITES
B) ASSET = LIABILITY + EQUITY
C) EQUITY = PROFIT - TAXES

15. Name the first company from India to list on the NASDAQ _____________________

16.Which of these product can accumulate cash value & can grow tax-deferred
A) Long term disability insurance
B) Variable Life Insurance
C) Saving Account at your Bank
D) Mutual Fund

17. A ZERO COUPON BOND would


A) Not require a sales charges
B) Pay no Interest Until it matured
C) Be sold by the U.S Treasury Department

18. The primary purpose of the IMF is to


A) Promote International Monetary Co-Operation
B) Serves As A Bank For The United Nations
C) Ensures That Interest Rates Are The Same In Members Of Nations
19. __________________ can be used to measure forecast quality & guide in the proper
adjustment for forecast
A) Regression Analysis
B) Exponential Smoothing
C) ARIMA
D) GAUSS

20. Which word was derived from the French word Bougette meaning 'Little Bag'
__________________
21. What does 'Asset Tripping' mean _________________________________
22.

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