Hello,

It is technically possible to pursue both M.Com (Master of Commerce) and the US CMA (Certified Management Accountant) designation simultaneously, but it would likely be challenging to manage both commitments effectively. Both M.Com and the US CMA program require significant time and dedication to complete successfully.

Hope this helps you,

Thank you

https://www.careers360.com/courses/m-com-master-of-commerce

https://www.google.com/amp/s/finance.careers360.com/exams/cma-foundation/amp

Hello Aspirant

The choice between Finance and other specializations depends largely on your interests and career goals. You can consider areas like Marketing, Human Resources, Operations, or International Business based on your interests and strengths. Your English Honors background could be of help in Marketing or Human Resources.

Calcutta University has a respectable reputation, but the placement scenario varies significantly across different departments and specializations.

The job market is slowly dying down. Even IIMs are now struggling to place their students, so keep this in mind and go ahead. If you are doing solely for the purpose of placement, then you can look into other reputable MBA colleges like the IIMs, or Delhi School of Business.

Hope this helps

Hello,

Pursuing CA alongside your MBA (Finance) job is possible. Enroll in CA Foundation, clear exams, and progress to Intermediate. Maintain your job while completing articleship training. Balance work and study commitments effectively. Seek guidance, manage time efficiently, and stay dedicated to your goal. With perseverance, success in both job and CA pursuits is achievable.

Hope this helps you,

Thank you

Correct Answer: National Bank for Agriculture and Rural Development

Solution : The correct answer is the National Bank for Agriculture and Rural Development.

Through their pilot project, e-Shakti, the National Bank for Agriculture and Rural Development (NABARD) pioneered the digitization of self-help groups (SHGs) in India. This initiative began with the goal of addressing specific challenges, such as the quality of SHG bookkeeping, and assisting banks in making informed lending choices about the groups.

Correct Answer: Non-profit MFIs

Solution : The answer is Non-profit MFIs.

In general, microfinance institutions in India fall into three categories: mutual benefit, for-profit, and not-for-profit. Only non-banking financial businesses, or NBFC-MFIs, which are for-profit microfinance institutions, are subject to Reserve Bank of India (RBI) regulation.

Correct Answer: Acquiring funds for business operations and expansion
 

Solution : The correct answer is (b) Acquiring funds for business operations and expansion

Business finance involves acquiring the necessary funds and managing financial resources to support a company's day-to-day operations, projects, and future growth. It encompasses activities related to budgeting, financial forecasting, investment decisions, obtaining loans or equity, managing working capital, and overall financial planning to ensure the efficient use of financial resources for achieving the company's objectives.

Correct Answer: Centralisation and Decentralization
 

Solution : Decentralization and centralisation is highlighted here. A proper match of centralisation and decentralization of the work force is mandatory for the effective working of the organisation.
Hence Option D is correct.

Correct Answer: Financial planning

Solution : The correct answer is (c) Financial planning

Financial planning is the process of determining the company's financial goals and objectives and developing strategies to achieve them. It includes decisions related to choosing the right sources of funds to support business activities, manage operational costs, fund expansions, invest in new projects, and achieve sustainable growth. It's about efficiently managing financial resources to align with the company's strategic goals and ensure financial stability and success. Marketing strategy, inventory management, and human resource allocation are important aspects of business operations but are not specifically focused on selecting funding sources.