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Question : Select the correct direct form of the given sentence.
The doctor asked me angrily why I had disturbed him at that late hour.

Option 1: The doctor said to me, "Why I had disturbed him at that late hour?"

Option 2: The doctor said to me, "Why have you disturbed him at this late hour?"

Option 3: The doctor said to me, "Why did you disturb me at that late hour?"

Option 4: The doctor said to me, "Why have you disturbed me at this late hour?"

Team Careers360 23rd Jan, 2024

Correct Answer: The doctor said to me, "Why have you disturbed me at this late hour?"


Solution : The fourth option is the correct choice.

The given sentence is an indirect speech, and we need to convert it into a direct speech.
The steps of conversion are as follows:

  • The reported verb "asked" changes to "said to" in direct speech.
  • The pronoun "I" (first-person pronoun) changes to "you" (second-person pronoun).
  • If the indirect speech is in the past perfect tense, then we have to change it into the present perfect tense; therefore, (had + past participle form of the verb) changes to (have + past participle form of the verb).
  • The assertive sentence changes to an interrogative sentence, starting with why as the introductive expression.
  • The demonstrative pronoun "that" is changed to "this" in direct speech.

Therefore, the correct answer is: The doctor said to me, "Why have you disturbed me at this late hour?"

8 Views

Question : Case Study: PQR Enterprises - Funding Strategies for Diversification

PQR Enterprises is a well-established conglomerate planning to diversify its business operations. The company is evaluating various sources of business finance to support its diversification plans.

Questions : Different Sources of Finance

What is the primary characteristic of equity shares?

Option 1: Fixed interest payments
  

Option 2: Ownership in the company
   

Option 3: Guaranteed redemption

 

Option 4: No voting rights

Team Careers360 25th Jan, 2024

Correct Answer: Ownership in the company
   


Solution : The correct answer is (b) Ownership in the company

Equity shares represent ownership or equity ownership in a company. Shareholders who hold equity shares have ownership rights in the company, which typically includes voting rights, the right to share in the company's profits (through dividends), and the right to participate in decision-making processes related to the company's operations and policies. Unlike debt securities (e.g., debentures), equity shares do not guarantee fixed interest payments or redemption; instead, the dividend payments to equity shareholders are variable and based on the company's profitability and the decisions of the company's board of directors.

13 Views

Question : In March 2020, the National Handicapped Finance and Development Corporation (NHFDC) organised a week-long fest to promote entrepreneurship and knowledge among the Divyangjan community. The fest was called:

Option 1: UTTAM

Option 2: EKAM

Option 3: SHRESHTA

Option 4: PRATHAM

Team Careers360 20th Jan, 2024

Correct Answer: EKAM


Solution : The correct answer is EKAM.

The "EKAM Fest", a week-long Exhibition-cum-Fair organized by the National Handicapped Finance Development Corporation (NHFDC) under the Ministry of Social Justice and Empowerment, has commenced in New Delhi. Over 82 individuals with disabilities from 17 States/UTs are showcasing their products. The fest aims to promote entrepreneurship, knowledge and awareness among the disabled community while providing a significant marketing platform for their products.

7 Views

Question : Case Study: XYZ Ltd. - Raising Finance for Expansion

XYZ Ltd. is a growing company that manufactures electronic gadgets. The company has been successful in the market and is planning to expand its operations. To finance this expansion, XYZ Ltd. is considering various sources of business finance.

Questions : Different Sources of Business Finance

What is the benefit of using retained earnings as a source of business finance?

Option 1: No dilution of ownership
   

Option 2: Higher interest payments
   

Option 3: Guaranteed fixed dividends

 

Option 4: Immediate infusion of funds

Team Careers360 24th Jan, 2024

Correct Answer: No dilution of ownership
   


Solution : The correct answer is (a) No dilution of ownership

Retained earnings refer to the portion of a company's profits that are retained and reinvested in the business rather than distributed to shareholders as dividends. By utilizing retained earnings, a company can avoid dilution of ownership because it does not have to issue additional shares to raise funds. This allows the existing shareholders to maintain their ownership stakes in the company without the need for external financing or bringing in new shareholders.

15 Views

Question : Which one of the following formulates the fiscal policy in India?

Option 1: Planning Commission

Option 2: Finance Commission

Option 3: Reserve Bank of India

Option 4: Ministry of Finance

Team Careers360 23rd Jan, 2024

Correct Answer: Ministry of Finance


Solution : The correct answer is the Ministry of Finance

A government uses fiscal policy to monitor a country's economy by adjusting its tax and expenditure rates. The Union Ministry of Finance is responsible for creating it. Fiscal policy governs the decisions made by the government on taxes and spending. Money supply and interest rates are two topics covered by the monetary policy. The Ministry of Finance in India developed the country's proposed annual budget.

17 Views

Question : Case Study: XYZ Ltd. - Raising Finance for Expansion

XYZ Ltd. is a growing company that manufactures electronic gadgets. The company has been successful in the market and is planning to expand its operations. To finance this expansion, XYZ Ltd. is considering various sources of business finance.

Questions : Debentures and Financial Instruments

How are GDRs and ADRs similar in function?

Option 1: Both are used to issue equity shares
    

Option 2: Both are issued only in the domestic market
 

Option 3: Both represent ownership rights in the issuing company

 

Option 4: Both enable companies to raise funds in international markets

Team Careers360 25th Jan, 2024

Correct Answer: Both enable companies to raise funds in international markets


Solution : The correct answer is (d) Both enable companies to raise funds in international markets

GDRs and ADRs are both financial instruments that enable companies to raise funds in international markets by issuing depositary receipts. GDRs are issued and traded outside the United States, while ADRs are specifically issued and traded in the United States. They allow companies to tap into a larger pool of investors and access capital from international markets without directly listing their shares on foreign stock exchanges. These instruments represent claims to shares in the issuing company and facilitate investment from investors in different regions around the world.

9 Views

Question : Case Study: XYZ Ltd. - Raising Finance for Expansion

XYZ Ltd. is a growing company that manufactures electronic gadgets. The company has been successful in the market and is planning to expand its operations. To finance this expansion, XYZ Ltd. is considering various sources of business finance.

Questions : Different Sources of Business Finance

XYZ Ltd. is considering borrowing funds by issuing long-term debt securities. What are these securities called?

Option 1: Equity shares
 

Option 2: Preference shares
  

Option 3: Debentures

 

Option 4: ADRs

Team Careers360 25th Jan, 2024

Correct Answer: Debentures

 


Solution : The correct answer is (c) Debentures

Debentures are long-term debt instruments issued by companies to raise funds from the public or institutional investors. Holders of debentures are creditors of the company and are promised a fixed rate of interest and repayment of the principal amount at maturity. Unlike equity shares, debenture holders do not have ownership rights in the company.

 

9 Views

Question : Questions : Business Finance and Its Meaning

Statement 1: Need for business finance arises due to various risks and uncertainties in business activities.

Statement 2: Financial planning eliminates all uncertainties in business operations.

Option 1: Statement 1 is true, and statement 2 is false.
   

Option 2: Statement 1 is false, and statement 2 is true.
  

Option 3: Both statements 1 and 2 are true.

 

Option 4: Both statements 1 and 2 are false.

Team Careers360 23rd Jan, 2024

Correct Answer: Statement 1 is true, and statement 2 is false.
   


Solution : The correct answer is (a) Statement 1 is true, and statement 2 is false.

Statement 1 is true. The need for business finance often arises due to various risks and uncertainties associated with business activities. Risks such as market fluctuations, economic changes, competition, regulatory changes, and more can impact a business's financial stability and necessitate financial planning and management to mitigate these risks.

Statement 2 is false. Financial planning aims to manage and mitigate risks but does not eliminate all uncertainties in business operations. While it helps in forecasting, budgeting, and strategizing to minimize risks, it cannot completely eliminate uncertainties, as the business environment is dynamic and subject to various unpredictable factors.

9 Views

Question : Which Bill was passed in the Parliament in 2022 to authorise payment certain sums from and out of the Consolidated Fund of India for the services of the financial year 2022-23?

Option 1: The Finance Bill

Option 2: The Electricity (Amendment) Bill

Option 3: The Appropriation Bill

Option 4: The Wild Life (Protection) Amendment Bill

Team Careers360 21st Jan, 2024

Correct Answer: The Appropriation Bill


Solution : The correct answer is The Appropriation Bill.

The Union Finance Minister presented the Appropriation (No.5) Bill 2022 and Appropriation (No.4) Bill 2022 in the Rajya Sabha. These bills authorize the allocation and withdrawal of additional funds from the Consolidated Fund of India to meet expenses for the financial year 2022-2023. The Appropriation Bill empowers the government to access funds from the Consolidated Fund, ensuring necessary financial provisions for the designated services during the specified fiscal year.

8 Views

Question : Which of the following statement is correct?
Statement 1: The capital market helps in capital formation.
Statement 2: It is the nature of the capital market to satisfy the short term financial needs of the Government and the industrial sector.

Option 1: Both are true 

Option 2: Both are false

Option 3: Statement 1 is true and statement 2 is false.

Option 4: Statement 1 is false and statement 2 is true.


 

Team Careers360 20th Jan, 2024

Correct Answer: Statement 1 is true and statement 2 is false.


Solution : In the capital market transactions are made in the long term securities. It is the nature of the capital market to satisfy the long term financial needs of the Government and industrial sector. It is the nature of the capital market to established the balance between the supply and demand side. The capital market helps capital formation. The increase in the investments in the country is called capital formation. The chief function of the capital market is to provide a platform for the sale and purchase of securities.

Hence, option C is correct.

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