CORPORATE FINANCE
What is the primary goal of financial management in a corporation?
Maximizing shareholder wealth
Which Indian city is known as the ‘Banking Capital of India’?
Chennai
What is the term for a market condition where stock prices are rising over an extended period?
Bull Market
Who assumes the financial risk associated with the insured events in insurance?
Insurance companies
Which government body administers direct taxes in India?
The Central Board of Direct Taxes (CBDT)
What happens to a company's retained earnings when it pays dividends to shareholders?
Retained earnings decrease
What is the full form of RTGS?
Real-Time Gross Settlement
What is the Stock Exchange Sensitive Index’s (Sensex) total number of companies?
30
Which type of life insurance provides coverage for a specified term, such as 10, 20, or 30 years?
Term Life Insurance
Gratuity received by a private sector employee is partially exempt under which section of the Income Tax Act?
Section 10(10) of the Act
When the price of a bond is above the face value, the bond is said to be trading at _____?
Premium
Which committee was formed for banking sector reforms in India in 1991?
Narasimham Committee
Which securities are most likely to become virtually worthless if a company declares bankruptcy?
Common stock
A practice where an insurance company transfers part of its risk to another insurance company is termed as _____?
Reinsurance
If Karta is OR in India but control & management of HUF is situated partly outside India in PY, HUF is:(Determine RS)
Ordinarily Resident
If a company's debt-to-equity ratio is increasing, it means
The company is using more debt financing
Which payment system is managed by the National Payments Corporation of India (NPCI) and allows 24/7 fund transfers?
Unified Payments Interface (UPI)
Which financial document is mandatory before launching an IPO?
Prospectus
In the insurance industry, the process of investigating and determining the validity of claims is known as:
Claim Settlement
As per the budget 2025,what is the tax rate applicable to income tax slab: Rs. 12,00,001 - Rs. 16,00,000?
15%
Which Leverage measures the change in the EBIT of a company to a particular change in output?
Operating leverage
Which organization/authority is responsible for resolving financial disputes between banks and customers in India?
Banking Ombudsman (under RBI)
What investing strategy involves buying undervalued stocks and holding them long-term, often associated with Warren Buffet?
Value Investing
Which insurance principle states that a person must have a financial interest in the insured item or person?
Principle of Insurable Interest
What is the maximum deduction available under Section 80DDA for a dependent with severe disability?
Rs. 1,25,000