TYBFM - SEM VI - MCQ

 

MCQ ----------


Multiple Choice Questions

 

SAMPLE MCQ


 

AS PER UNIVERSITY OF MUMBAI SYLLABUS

 

 

Will be helpful to regular students of Mumbai university colleges who are going to give the online examinations of SEM II, SEM  IV and SEM V class of students.

If it is helpful to you so also share it among your friends so that they will be also benefited from it.

 

ANSWERS ARE HIGHLIGHTED IN BOLD


CLASS: T.Y.BFM-VI SEM REGULAR

 

SUB : ORGANISATIONAL BEHAVIOUR

 

MCQ (50 QUESTIONS)

 

 

1 According to Marvin Shaw “ A ____ is two or more persons which interact with  another  such that each person influences and is influenced by other person”.

1 Member          2 Team          3 Group        4 Organization   

2  Membership of prestigious group increases the ______ of people .

1 Self - Confidance   2 Status  3 Power  4 Self-esteem

 

3 ______ group is a group that are consciously created by the organisation to achieve its goal .

1   Formal   2 Command   3 Normal   4 Informal

 

4 A ______ group is a group composed of individuals who report directly to a given manager .

1 Task        2 Informal    3 Command  4  Normal

 

5 ______ groups consist of individuals who comes together because they share one or more common characteristics .

1 Interest       2 Friendship  3 Task   4 Common

 

6 _________ group provides their members with social satisfaction and sence of security and belongingness .

 1 Formal  2 Informal 3 Social  4 Normal

 

7 In Five Stage Model of group , in ________ stage group members work effectively and efficiently towards achieving the group objectives.

1 Forming  2 Stroming  3 Norming  4 Performing

 

8 In _________ stage of Five-Stage Model ______ stage prepare for disbanding .

1 Norming 2 Forming   3 Adjourning  4 forming

 

9 ______  leaders are appointed and assign position in organisation by Top management

1 Informal   2 Formal  3 Normal  4 Top level

 

10 According to Robbins and Judge in 2009 A ______  is define as “a set of expected behaviour patterns attributes to someone occupying a given position in a social settings “.

1 performance      2   Role   3 Norms       4 Perseption

 

11  _____  describes what kind of behaviour of members are acceptable or unacceptable to the group.

 

1 Role    2 Norms   3 Appearance   4 Performance

 

12   _________ is the prestige , position , or rank given to group or group members by others .

 1 Power    2 Cohesiveness   3 Status      4 Appraisal

 

 

13  __________  is the tendency of of a group member to adjust one’s behaviour with the norms of the group .

 

1 Status  2 Conformity  3  Appearance  4 Loafing

 

14  _____ refers to reduction in motivation and efforts when individual work collectively in a group compared to when they work individually or as independent co- actor.

  1  Cohesiveness  2 Norms  3 Social Loafing   4 Social facilitation 

 

15  ________ is defined as ‘ a deterioration of mental efficiency , reality testing and moral judgment that results from in-group pressures “.

1  Groupchat 2 Groupthink 3 Efficiency  4 Polarisation 

 

16 Both risky and cautious shift are part of a general phenomenon _______.

1 Polarisation     2 general shift  3  Cohesiveness  4 Escalation 

 ___________

17 In  __________  performance usually depends on both individual as well as collective work.

1 Team   2 Group  3 Management  4 leadership

 

18  In ______ performance usually depends on work of individual members.

1 Team   2 Group  3 Organisation  4 Office

 

 

19 According to Robins and judge In _______  team  “ Employee from about the same hierarchical level but from different work areas come together accomplish a task “.

 

1 Virtual   2 Cross-functional   3 Self Managed  4 Problem solving 

 

20 _________ team are “ teams that use computer technology to tie together physically dispersed members in order to achieve a common goal “

1 Self-Managed     2 problem solving  3 Virtual  4 skill managed 

 

21 Team usually have greater ______ than groups.

     1 freedom   2 cooperation 3 autonomy   4 skill

22 A team should not have more people than required , the ideal number is _____

1 20 to 30     2 10 to 12      3 40 to 50      4 100 to 200

 

23  A virtual team is __________ dispersed tem.

1 Mentally    2 logically    3 systematically  4 geographically

 

24 _______ refers to the additional energy in team .

1 Synergy      2 Energy  3 power  4 faith 

 

25 ______ are the members of both formal and informal group .

1 Employee   2 Men 3 Women 4 Management

 

______

26 ________ can be a constructive or destructive.

1 Opinion  2 Emotions 3 Stress  4 Freedom

 

27 Stress become _________ in nature when the level of stress becomes excessive.

1  constructive  2 destructive 3 optimal  4 above performance

 

 

 

28______  is the level of stress that the person can tolerate before negative feelings about stress occurs and has adverse effect on performance .

1 Stress threshold  2 Perceived control    3 Vulnerability  4 Resilience

 

29 Individual who are more prone to stress are often described as __________ personality.

1 Type A     2 Type B  3 Type C  4 type D 

30 ______ affects one’s body , mind and behaviour

1 Sadness  2 Stress 3 strength 4 weakness

____________ 1

31 ________  is concerned with the study of what people do in an organisation and how that behaviour affects the performance of the organisation .

1 Structure    2 Process   3 Organizational Behaviour    4 Perception

 

32 ______ study of people in relation to their social environment or culture .

1 Anthropology       2 Sociology    3 Psychology   4 Physiology

33 _______ is the study of societies to learn about human beings and their activities .

1 Sociology   2 Psychology  3 Anthropology  4 Social psychology 

34  __________ is the unique way in which each person sees, organizes and interprets things.

1 Perception  2 Ideology  3 Organizational behaviour  4 Motivation

35 According to Newstrom and Davis , ______ provides a super ordinate goal that combines the efforts of individual and groups.

1 Perception   2 Motivation  3 Mutual Interest  4 Ethics

36  _______ model focuses on satisfying the social and psychological needs of the employee to make them more productive.

1 Autocratic Model  2 Supportive Model 3 Custodial Model 4 Collegial Model

 

37 ______ model focuses on teamwork for the realization of organizational goal, partnership is at the heart of this model .

1 Collegial model  2 Autocratic model  3 Custodial model 4 Supportive model 

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 CLASS: TYBFM - VI SEM REGULAR

 

SUB : MUTUAL FUND MANAGEMENT

 

MCQ (50 QUESTIONS)

 

1. A _____ is a type of financial intermediary that pools the funds of investors who seek the same general investment objective and invest them in a number of different types of financial claims.

a) Mutual fund  b) Share  c) Debenture  d) Bond

2. The purpose of the Investment varies according to the _____ chosen.

a) Bank  b) Asset class  c) Markets  d) Schemes

3. _____ is used for capital protection.

a) Debt  b) Gold  c) Share  d) Silver

4. _____ is used as hedge against inflation and for liquidity.

a) Debt  b) Share  c) Silver  d) Gold

5. _____ is not a pass through type of financial intermediary.

a) NBFC  b) AMC  c) Commercial bank  d) IRDA

6. Mutual fund _____ are the funds shareholders.

a) Unit holders  b) Creditors  c) Debtors  d) Financer

7. _____ investing offers certain advantages over direct investing.

a) Debenture  b) Gold  c) Mutual fund  d) Share

8. The money pooled in the mutual funds is managed by _____ who decide the investment strategies on behalf of the unit holders.

a) Broker  b) Professionals  c) Creditor  d) Shareholders

9. The total risk of the portfolio comprises of _____ risk and unsystematic risk.

a) Systematic  b) Time  c) Event  d) Inflation

10. There are more than _____ mutual fund schemes with wide variety of Investment objectives and options available to Investors in India.

a) 500  b) 350  c) 700  d) 400

11. _____ refers to the speed at which an asset can be converted into cash without much loss of its economic value.

a) Credibility  b) Liquidity  c) Credit rating  d) Return on asset

12. _____ withdrawal plan enables withdrawal of different amounts of money for different month.

a) SIP  b) Flexi  c) SWP  d) STP

13. Mutual funds are subject to strict regulation and oversight by _____.

a) RBI  b) NABARD  c)IMF  d) SEBI

14. In India, _____ received by investor is tax free.

a) Interest  b) Dividend c) Capital appreciation  d) Coupon

15. The investor needs not to pay taxes for all equity purchases after _____.

a) March 1, 2003  b) March 5, 2011  c) April 1, 2003 d) March 4, 2005

16. All mutual funds are registered with _____.

a) RBI  b) World bank  c) SEBI  d) Stock exchange

17. _____ is the plan under which investor withdraws fixed amount of money periodically.

a) SWP  b) STP  c) SIP  d) FWP

18. _____ is a variation of SWP.

a) Flexi  b) STP  c) SIP  d) FWP

19. A _____ is organized either as a company or business trust.

a) Debenture  b) Share  c) Mutual fund  d) Bond

20. The _____ or trustees of a mutual fund, as in the case of other types of companies, have onerous responsibility for the management of Fund’s business affairs.

a) Unit holders  b) Directors  c) Broker  d) Subscriber

21. Mutual fund _____ have certain voting rights.

a) Debenture holder  b) Bond holder  c) Investors  d) Shareholders

22. The _____ is responsible for selecting portfolio investment in accordance with the objectives and policies set forth in Fund’s prospectus.

a) Investment advisor  b) Broker  c) RBI  d) SEBI

23. Fund _____ maintain records of shareholder accounts, which reflect daily investor purchases, redemptions, and account balances.

a) Fund manager  b) Broker  c) Investment advisor  d) Transfer agents

24. The mutual fund industry in the _____ is highly regulated one. Four principal securities law governs mutual fund.

a) India  b) US  c) UK  d) Japan

25. In _____ there are unit trust and investment trust.

a) India  b) US  c) UK  d) Japan

26. A unit trust is authorized and regulated by the _____.

a) FSA  b) RBI  c) SEBI  d) IMF

27. The _____ prohibits the limiting or extinguishing obligations and liabilities of the trustees.

a) RBI  b) The Indian Trusts Act, 1882  c) SEBI  d) FSA

28. Who appoints the trustees?

a) Fund sponsor  b) Investor  c) SEBI  d) RBI

29. An _____ or any of its officers or employees is not eligible to act as a trustee of any mutual funds.

a) Fund sponsor  b) AMC  c) Broker  d) Investors

30. No custodian in which the sponsor or its associates hold _____ or more of the voting rights of the share capital of the custodian.

a) 51%  b) 45%  c) 49%  d) 50%

31. From below given options select the company that provides custodian services to the mutual funds:

a) PMC bank  b) HDFC bank  c) Central bank  d) IDBI bank

32. _____ maintains record of the unit holder’s account.

a) Fund manager  b) Broker  c) Transfer agent  d) R&TA

33. The _____ and transfer agent forms the most vital interface between the unit holders and mutual fund.

a) Registrar  b) Custodian  c) Sponsor  d) Unit holder

34. SWP Stands for?

a) Systematic Whining Pain  b) Systematic Whining Plan  c) Systematic Withdrawal Plan  d) Systematic Weight Plan

35. SEBI stands for?

a) Securities & exchange board institute  b) Securities and exchanges board of India  c) Securities and exchange board of India  d) Securities and exchanges board of institute

36. Money market refers to that part of the debt market where the maturity is?

a) Less than 1 year  b) Less than 1 month  c) Less than 6 months  d) More than 1 year

37. Which of the following is not a reason for investing in mutual funds?

a) Small amount of funds needed  b) Portfolio manager expertise  c) Specific investment goals  d) Overly diversified

38. Advantages of investing in mutual fund include all of the following except?

a) Diversification of your investment  b) Professional management  c) Meeting specific investment goals  d) There is virtually no risk of loss

39. The _____ is the market value of the securities that a mutual fund has purchased minus any liabilities.

a) Book value  b) Net asset value  c) Gross asset value  d) Net worth value

40. Which of the following is not a true statement of mutual fund?

a) All require a minimum investment  b) All have the same investment goals  c) The calculation of net asset value is the same  d) All have a management expense ratio

41. Which of the following expenses is usually highest for mutual funds?

a) Management fees  b) Administrative fees  c) Referral fees  d) 12b-1

42. Private sector mutual funds were permitted in the year _____.

a) 1993  b) 1994  c) 1996  d) 1998

43. The budget of 1999-2000 made _____ tax free.

a) Interest  b) Coupon  c) Gold  d) Dividend

44. Mutual fund investor cannot control _____ fund.

a) Value  b) Units  c) Costs  d) Tax

45. Mutual funds can invest only in _____.

a) Gold  b) Marketable  c) Promissory notes  d) Bank deposit

46. The sponsor is the _____ of the mutual fund.

a) Promoter  b) Officer  c) Owner  d) Investor

47. The money market mutual funds are regulated by _____.

a) RBI  b) IRDA  c) SEBI  d) IMF

48. The minimum number of members on the board of trustees is _____.

a) 6  b)10  c) d) 8

49. At least _____ of trustees have to be Independent.

a) 2/3  b) 1/4  c) 1/2  d) 1/5

50. The trustees rights and obligation are spelt out in _____.

a) Prospectus  b) Trust deed  c) File  d) Contract

 

 

 CLASS: T.Y.B.F.M -VI SEM REGULAR

 

SUB : RISK MANAGEMENT

 

 

MCQ (50 QUESTIONS)

 

1) Risk is defined as __________ of actual return from an investment with respect to expected returns

a) volatility

b) volatile

c) gain

d) return

2) There are certain industry which follows a certain _________ .

a) character

b) capacity

c) collateral

d) cycle

3) The main concern of _______ to fulfill the tax liability.

a) government

b) owner

c) community

d) investors

4) A stock is considered to be _______ if actual return exceed expected returns.

a) overvalued

b) undervalued

c) fixed value

d) variable value

5) _________ risk that the value of a portfolio ( either trading or investment) will decrease due to the change in value of the market risk factors.

a) market

b) commercial

c) country

d) reputation

6) Return broadly comprises of _________ main parts.

a) 3

b) 4

c) 2

d) 5

7) Higher is Market value of __________ lower will be credit risk.

a) collateral

b) capital

c) attached

d) loss

8) _________ is the risk that arise from stock price volatility.

a) equity risk

b) debt risk

c) country risk

d) term risk

9) ___________ is the risk that arise from volatility of interest rates in economy.

a) interest rate risk

b) equity risk

c) market risk

d) liquid risk

10) ___________ rating is one of the most widely used techniques to determine the creditworthiness.

a) credit

b) minimal

c) moderate

d) average

11) ________ risk arises if there is maturity mismatch between liability and offsetting assets.

a) liquid

b) term structure

c) political

d) country

12) __________ implies a situation where the future events are not yet known.

a) certainty

b) dynamic

c) uncertainty

d) function

13) Lack of counterparty results into _______ risk.

a) market

b) commercial

c) political

d) liquidity

14) _________ have wide commercial applications which make it attractive for investors.

a) silver

b) gold

c) gold ETF

d) metals

15) Risk ________ desired level of risk that the Organization believe is ideal to meet its objectives.

a) target

b) capacity

c) attitude

d) tolerance

16) ___________ are units representing physical gold, which may be in paper or dematerialized form.

a) silver

b) gold

c) gold ETF

d) metals

17) __________ expect quality service and adequate care services.

a) employees

b) customer

c) supplier

d) community

18) _________ it has become possible for investors to invest in gold without owning them in physical form.

a) tool for hedging

b) high liquidity

c) exchange traded

d) correlation

19) _________ funds provide higher returns to investors as compared to stocks.

a) hedge

b) private equity

c) real estate

d) precious metals

20) Managed future refer to ________ management which primarily invests in fulfilling the investor demand.

a) assets

b) equity

c) property

d) stock

21) ___________ refers to acquisition of a company or a part of company with the help of debt capital

a) mezzanine capital

b) angel capital

c) leverage buyout

d) fund of fund

22) _________ gold can be easily converted into cash.

a) tool for hedging

b) high liquidity

c) exchange traded

d) correlation

23) _________ like gold and silver are attractive investment for investors.

a) precious metals

b) coins

c) art

d) antiques

24) _______ are primarily concerned about safety and security of its members.

a) trade union

b) owner

c) investors

d) manager

25) _________ risk is the risk business suffer by extending credit to customer.

a) market

b) credit

c) financial

d) liquidity

26) A __________ is a party that has an interest in a company, and can either affect or be affected by the business.

a) investors

b) employees

c) customer

d) stakeholders

27)  _________ is square root of variance of rate of return.

a) standard deviations

b) mean

c) mean deviations

d) mode

28) _______ risk arises when one party fails to fulfill its obligation.

a) counterparty risk

b) operational risk

c) strategic risk

d) business risk

29)  _________ refers to maximum loss on a given assets over a given period of time at a given confidence level.

a) standard deviations

b) value at risk (VaR)

c) variance

d) quantitative

30) _______  is widely used measure to calculate market risk of a portfolio or security.

a) Beta

b) valu at risk

c) standard deviations

d) variance

31) __________ refers to change in output with change in one or more input variables.

a) sensitivity

b) value

c) decision tree

d) tornado

32) ________ securities mean securities of a company which have filed for bankruptcy or firms which are in poor financial positions.

a) distressed

b) event-driven

c) non directional

d) directional

33) _______ are unregulated as they are mainly for sophisticated and high net worth inventors.

a) real estate

b) hedge fund

c) private equity

d) manage future

34) A _________ is one which derived its income mainly from regular cash flow rather than from capital appreciation.

a) core strategy

b) core plus strategy

c) value added style

d) opportunistic style

35) ________ is to reduce the overall risk involved through diversification.

a) alternative investment

b) bonds

c) equity

d) correlation

36) ________ raises due to wrong estimate of demand for products or services before making investment

a) commercial risk

b) political risk

c) country risk

d) reputation risk

37) All plans needs to beb________ dynamically.

a) train employees

b) formal plan

c) active

d) updated

38) Lenders may write conditions on the borrower called _______ into loan agreement.

a) diversification

b) derivatives

c) covenants

d) risk based

39) _________ risk is to discover recognise and describe risk that might affect to project.

a) identify

b) analysis

c) evaluate

d) treat

40) _____________ involved the risk of changing condition in the specific marketplace in which a company competes for business.

a) market risk

b) credit risk

c) financial risk

d) liquidity risk

41) The overall objective of risk management is to prepare the Organization for any _______ event in business.

a) positive

b) equally

c) negative

d) ideal

42) __________ risk arises when one party fails to fulfill its obligation.

a) system risk

b) dynamic risk

c) operation risk

d) counterparty risk

43) ________ refers to gain expected by investors from investment made by him

a) risk

b) return

c) profit

d) loss

44) ________ is the risk that a foreign government will default on its bonds or other financial commitment.

a) country risk

b) credit risk

c) legal risk

d) country risk

45) An ________ is risk that arise from functioning of an organisation.

a) counterparty risk

b) operational risk

c) strategic risk

d) business risk

46) A company's ___________ risk is associated with the company use of financial leverage and debt.

a) market

b) credit

c) financial

d) liquidity

47) Uncertainty cannot be _________

a) measured

b) control

c) uncontrollable

d) assigned

48) ________ is defined as possible source of loss that may come from the search of an unsuccessful business plan.

a) strategic risk

b) system risk

c) dynamic risk

d) operation risk

49) ______ refers to risk arising from political instability in a country or sudden change in policies of a country due to change in government.

a) political risk

b) environment risk

c) legal risk

d) technology risk

50) Risk ______ amount of risk an organisation can actually bear.

a) target

b) capacity

c) attitude

d) tolerance

 

 

 CLASS:T.Y.B.F.M   VI SEM REGULAR

 

SUB:VENTURE CAPTIAL AND PRIVATE EQUITY

 

MCQ(50 Questions)

 

1.The term ___refers financial investment in a highly risky and growth oriented venture with the objective of earning  a high rate of return.

a.venture capital()   b.Merchant Banking ()  c..Leasing ()   d.LBO()

2.________is a road towards a high growth economy.

a.venture capital() b.Merchant banking()  c.Leasing  d.LBO()

3._______act as an intermediary to link up the sources of ideas and the sources of fund.

a.venture capital() b.Merchant banking ()   c.Leasing()   d.Growth()

4.__________is needed for developing a product in the initial stages.

a.Seed capital () b.Start-up capital() c.Second round financing  d.LBO

5.The Purpose of valuation is to assess the_________and viability of the venture and to divide of the percentage of the VCF ownership in the new venture.

a.Profitability()      b.Feasibility()      c.Availability()         d.Realibility()

6.____firms provides loan finance that is halfway between equity and secured debt.

a.Mezzanine()                          b.Leverage buyout() 

c.Venture capital()                  d.Private equity ()

7.___are equity shares with special rights for example they may be entitled to a fixed dividend or share of the profits.

a.Preferred ordinary shares()           b.Venture capital () 

c.Private equity ()                                d.preference shares()

8._______are in the business of promoting growth in the companies they invest in and managing the associated risk to protect and enhance their investors capital.

a.Venture capitalists ()     b.Private equity()    c.Mezzanine()   d.LBO()

9._____provides long-term committed share capital , to help unquoted companies grow and succeed.

a.Venture capital()  b.Private equity()    c.LBO()   d.feasibility()

10.______is a broad term that refers to any type of non-pubic ownership equity securities that are not listed on a public exchange.

a.Private equity ()  b.Venture capital()   c.LBO()     d.Mezzanine()

11._______sits between public equity and outright ownership  in terms of the investment horizon and the degree of corporate control.

a.Venture capital()  b.Private equity()   c.Growth capital()  d.LBO()

12.A_____is a form of investment club in which the principal investors are institutional investors such as pension funds,investment funds,endownment funds,insurance companies,banks,family offices/high net worth individuals and funds, as well as the private equity fund managers themselves,

a.Equity fund()                             b.Private equity firm()

 c.Debt fund ()                              d.Private equity fund()

13.Private equity is a____investment fund, as its current market price cannot be easily determined and cannot be transferred for a certain period of time.

a.Close ended()    b.Open ended()      c.Fund ()      d.Active()

14.________is an open-ended investment fund where there is no restriction on the transferability of funds and assets are readily marked to market.

a.Venture capital()    b.Private equity()     c.Growth capital()  d.LBO()

15.Intermediaries possess professional expertise and play a promotional role in organizing a perfect match between the supply and demand for capital in the market.

a.Issures()    b.Investors()  c.Intermediaries ()    d.Venture capitalist()

16._____invest in technology,bio-tech companies mostly.

a.Venture capital()   b,LBO()    c.Growth capital()  d.Limited partners()

17_______aims at reducing risk, enhance returns and minimize the correlation with equity and bond markets.

a.Hedge funds()      b.Growth capital()   c.LBO()     d.Venture capital()

18.________are vital link between investor,issuer and regulator,the objective of these intermediaries is to smoothen the process of investment and to establish a link between the investors and the users of funds.

a.Intermediaries ()    b.Regular ()   c.LBO()     d.Venture capital()

19._______typically are made up of endownments, pensions, high net worth individuals, and institutional capital.

a.Limited partners()   b.unlimited partners()   c.Agent()    d.Principal()

20.__________in the Private equity market vary widely in size and the reasons for raising capital as well as in other ways.

a.Issuers()    b.Owner ()     c.Shareholder ()    d.Debt()

21.______is a medium to long term financial investment provided in return for equity in a company that is typically not listed on an exchange.

a.Private equity()  b.Limited partner()     c.Owner()   d.co-owner()

22.__________captial is raised to buy equity stakes in high potential companies.

a.Venture capital()   b.Private equity()  c.Growth capital() d.Mezzanine()

23.Under _____fund structure an investment  vehicle in the form of a limited liability company or limited liability partnership organized in an offshore tax favourable jurisdiction makes portfolio investmens into Indian Companies.

a.Offshore()    b.Co-investment()         c.Unified()         d.Mezzanine()

24.A_____________structure is combination of offshore and domestic investment, two separate pools of capital for offshore investors as well as domestic investors are been raised.

a.Off-shore()   b.Co-investment ()       c.unified()      d.Mezzanine()

25.________structure is generally used where domestic investors are also expected to participate in the fund.

a.off-shore ()    b.Co-investment ()   c.Unified()    d.Mezzanine()

26.Private equity funds typically operate as a limited partnership which is controlled by a private equity firm referred to as the _________

a.Limited partner()                             b.General partner()

c.Investment partner()                      d.Sleeping partner()

27.The________has unlimited liability with regard to third parties.

a.General Partners()                          b.Limited partner()

 c.Investment partner()                     d.Dormant()

28.PE fund generally disposes of the investments within relative time frame of_________years from investment.

a.-3 to5()      b.-4 to 7()   c.-6 to 6()    d.-2 to 4()

29.Under offshore fund structure,an investment vehicle in the tax favourable jurisdiction makes portfolio investments into Indian Companies. a.Limited Liability ()           b.unlimited Limited ()

                      c.Joint and several()            d.non liability()

30.A____is combination of offshore  and domestic investment two separate pools of capital for offshore investors as well as domestic investors are been raised.

a.Co-investment structure()                          b.Co-Partner()

  c.offshore()                                                     d.General partner()

31.In unified structure, a domestic  investment vehicle is established in India preferably as a trust (alternatively, as a company) in addition to the__________fund.

a.Offshore()   b.Limited Liability()   c.unlimited capital()  d.creditors()

32._________valuation is the act or process of assessing value or price of financial asset or liability.

a.Business ()   b.Financial ()   c.Share()    d.Debenture()

33.The”_________”is expected to compensate investors for giving up access to their capital.

a.Returns ()     b.Illiquidity premium()   c.Profits ()   d.Money()

34.The______trade off is an effort to achieve a business between the desire for the lowest possible risk and the highest possible return.

a.Risk ()   b.Return()    c.Risk-return ()       d.Dividend()

35._____mutiple is commonly based on an assumptions as to the ‘normalised’level of earnings that can be generated from that revenue.

a.income()   b.Revenue()  c.sponsor ()  d.Profit()

36.The________concerns expected earnings at the initial stage and also at the time of quitting the borrowing concern will be taken into considerations.

a.Lending()   b.Borrowing()  c.IPO()  d.Revenue()

37.There are various types of risk involved in__such as counterparty risk,market risk, liquidity risk, legal, regulatory,funding risk.

a.Private equity()   b.LBO()   c.Mezzanine()  d.Dividend()

38.Low risks are associated with low potential returns,High risks are associated with high potential returns,termed as__________

a.risk return trade()  b.private equity() c.Growth capital()  d.Low risk()

39.There are three methods for___of private equity as conventional method, first Chicago method and revenue multiplier method.

a.Valuation()          b.Asset ()        c.Goodwill()   d.Funding()

40.Business valuation is the act or process of assessing value or price of financial________

a.Valuation()      b.Asset or liability()     c.Cash()         d.Creditors()

41._______is the risk that an investor is not able to pay their capital commitments to a private equity fund in accordance with the terms of their obligations to do so.

a.Funding risk()        b.Balance sheet ()     c.Cash()    d.Debtors()

42.The term P/E refers to______

a.Price earnings ratio ()             b.Profit earning ratio()

c.Private earning ratio()            d.Public earning ratio()

43.FEMA Regulations came into force from the year_

a.2000()           b.2001()          c.1999()   d.2020()

44.SPV stands for________

a.Special Purpose Vehicle()             b.Special Private Vehicle()

c.Special Process value()               d.Status purpose value()

45.LP stands for____

a.Limited partners ()        b.Liabilities partner()

c.Less Paid()                       d.Lock partners()

46.FPI stands for_________

a.Foreign portfolio investment()

b.Funded Portfolio investment()

c.Flash private investment()

d.Foreign public investment()

47.Private Equity Lock in period is _______

a.10years ()      b.5years()        c.6years ()   d.1years()

48.Private equity funding structure______

a.Equity and debt ()       b.Debt()     c.Equity()      d.Bonds()

49.Venture capital funding structure________

a.Equity and debt ()       b.Debt()       c.Equity()      d.Preferecne()

50.SEBI(venture capital funds) Regulated from

a.1996()         b.1992()     c.1982()      d.2002()

 

 CLASS: TYBFM

 

SUBJECT:INDIRECT TAX

  

 

1.    GST stands for _______________

A] Goods and Supply Tax       B] Goods and Sales Tax 

 C] Goods and Services Tax   D] Goods and Simple Tax 

 

 2. In India, GST structure is _______ in nature.

               A] Dual B] single C] triple D] quadruple

 

3.GST was introduced in India on ?

A] 1-4-2017 B] 01-07-2017 C] 01-03-2017 D] 01-05-2017

 

        4. Supply of following is not liable to GST

               A] Alcoholic  liquor for medicinal consumption   B] Alcoholic  liquor for human consumption

            C] Alcoholic  liquor for industrial consumption    D] Alcoholic  liquor for animal consumption

  

        5. HSN code stands for :

            A] Harmonised system number  B] Home Shopping Network  C] Home State Number

            D] Harmonised System of Nomenclature

   

        6. The item which will be taxable under both GST as  well Central Excise Law  even after

            implementation of the GST Act.  

            A] motor spirit B] natural gas C] Tobacco and Tobacco products 

              D] Alcoholic liquor for human consumption

 

       7. Which of the following taxes have not  been subsumed under GST?

              A] VAT B] luxury tax C] Service tax  D] Stamp duty

 

       8. The __________ is the chairperson is GST council.

             A] Union Finance Minister B] State Finance minister C] President D] Home minister

 

       9. Compensation  under Goods And Service Tax Compensation Act, 2017,will be provided to a state for a period of ______ years from  the date on which the state brings its SGST act into force.

A] Three B]Four C]Five D]Two

 

       10. Gifts  not exceeding  __________ in value in a financial year  by an employer to an employee

shall not be treated as supply of goods or both.

A] 50,000 B]60,000 C]70,000 D]35,000

 

  11. Temporary transfer or permitting the use or enjoyment of  any intellectual property

 right shall be  treated as __________

A] supply of goods  B] supply of service C] neither supply of goods nor supply of service

D] either supply of goods or a supply of service

 

12. Renting of immovable property is ___________

A] supply of goods  B] supply of service C] neither supply of goods nor supply of service

D] either supply of goods or a supply of service

 

13. Services of funeral, burial , crematorium or mortuary including transportation of

 the deceased shall be treated as ___________

A] supply of goods  B] supply of service C] neither supply of goods nor supply of service

D] either supply of goods or a supply of service

 

14. ______________ means a supply made by a taxable person  to a recipient  consisting of two or more taxable supplies of goods and services or both, or any combination thereof , which are naturally bundled and supplied in conjunction with each other in the ordinary course of

business, one of which is principal supply.

A] Composite supply B] Principal supply C] mixed supply D] inward supply

 

15. Persons shall be deemed to be “related persons” if any person directly or indirectly owns,controls or holds _______ or more of the outstanding voting stock or

 shares or both of them.

A]35% B]40% C]50% D]25%

 

16. Development, design, programming, customization, adaption , upgradation ,

 enhancement , implementation of information technology software shall be treated as____________

A] supply of goods  B] supply of service C] neither supply of goods nor supply of service

D] either supply of goods or a supply of service

 

17. The functions performed by members of Parliament, Members of State Legislature, Members of Gram Panchayat and other local authorities shall be treated as______________

A] supply of goods  B] supply of service C] neither supply of goods nor supply of service

D] either supply of goods or a supply of service

 

18. _____________ means two or more individual supplies of goods or services, or any combination thereof, made in conjunction with each other by a taxable person for a single price where such supply does not constitute a composite supply.

A] Composite supply B] Principal supply C] mixed supply D] inward supply

 

19. ________ is levied on inter state supply of goods.

A]CGST   B] SGST  C]IGST D]UTGST

 

20. Agreeing to an obligation to refrain from an act , or to tolerate an act or a situation or

to do an act  is _________

A] supply of goods  B] supply of service C] neither supply of goods nor supply of service

D] either supply of goods or a supply of service

 

21. IGST means_______________ .

A] Inter- state GST  B] Integrated GST   C] Import GST   D] International GST

 

22. Which of the following is a composite supply?

A] Doctor's service with medicines B] package with fruits and chocolates

C] supply of computer printer with laptop D] coaching centre with monthly excursions on trekking

 

23. GST is ­____________ .

A] direct tax  B] destination based C] foreign tax D]Origin based

 

24. ___________ is levied on Intra State supplies of Goods / Services.

A] Only CGST   B] IGST C] Only SGST D] Both CGST & SGST

 

25. An Intra State supply within Union Territory will be subject to levy of ____________

A] IGST  B]CGST & SGST C] UTGST & CGST  D] Exempt

 

26. In GST taxable event is _____________

A] Manufacture B] Sale C] Barter  D]Supply

 

27. Direct taxes are ____________ in nature

A] Regressive B] progressive C] Tax on tax D] value added tax

 

28. Indirect taxes are ____________ in nature

A] Regressive B] progressive C] Tax on tax D] value added tax

 

29. Any transfer of the title in goods is a supply of ____________

A] supply of goods  B] supply of service C] neither supply of goods nor supply of service

D] either supply of goods or a supply of service

 

30. ____________ specifies the activities which are treated as supply even if  made without consideration

A] Schedule I of CGST Act   B] Schedule II  of CGST Act  C] Schedule III of CGST Act

D] Schedule IV of CGST Act

 

31. . _____________ consists of activities or transactions which shall be treated  neither supply of goods nor a supply of services.

A] Schedule I of CGST Act   B] Schedule II  of CGST Act  C] Schedule III of CGST Act

D] Schedule IV of CGST Act

 

     32. Services by any court or tribunal  established under any law for the time being in force are

A] supply of goods  B] supply of service C] neither supply of goods nor supply of service

D] either supply of goods or a supply of service

 

     33. Actionable claims ,other than betting, gambling and lottery shall be treated as ____________

 A] supply of goods  B] supply of service C] neither supply of goods nor supply of service

D] either supply of goods or a supply of service

 

 34. Hire purchase of goods is ___________

 A] supply of goods  B] supply of service C] neither supply of goods nor supply of service

D] either supply of goods or a supply of service

 

35. A Mobile phone is sold with a mobile charger to a customer for a Rs.60,000. The CGST and SGST  laptop is 18% and for laptop bag is 28%. What would be applicable rate of tax  leviable?

A] 46% B]28% C]18% D]0%

 

36. GST is a national level tax based on __________

A] last point of tax principle B] first point of tax principle C] value added principle

  D]value deducted principle

 

37. Shoppers stop Ltd offers a combo pack of shirt, wallet and perfume for Rs.2000. The rate of tax for  shirt, wallet and perfume are 12%,5% and 10% respectively. The applicable rate of tax for the combo pack will be _____

A] 10% B]5% C]27% D]12%

 

38. . The idea of GST in India was first mooted by _____________.

A]Kishan task force B]Kelkar task force C]Congress task force D]BJP task force

 

39. Which of the following taxes have not  been subsumed under GST?

              A] VAT B] luxury tax C] Electricity duty  d]Central sales tax

 

40. Which of the following taxes have not  been subsumed under GST?

              A] VAT B] luxury tax C]octroi duty  d]Profession tax

 

41. ____________ has been appointed as the Managed service provider  of GSTN.

A] Infosys B]TCS C]Reliance Ltd D]RBI

 

42. GSTN stands for _____________

A]Goods and service tax number B]Goods and service tax network C]Goods and service tax note

D]Goods and service tax nation

 

43. The quorum of GST council meeting is _________ of members.

A]20% B]30% C]50% D]60%

 

44. The CGST Act,2017 extends to _______________

A] Whole of India excluding Jammu and Kashmir

B]Whole of India

C] Whole of India excluding Jammu and Kashmir and Union Territories

D] Whole of India excluding Jammu and Kashmir but including  Union Territories

 

45. GST council was formed under article __________

A]229B  B]279C C]297A D]279A

 

46.____________ petroleum products have been temporarily been kept out of GST.

A] One B]Two C] Five D]Four

 

47. An easement  to occupy land is supply of ___________

A] supply of goods  B] supply of service C] neither supply of goods nor supply of service

D] either supply of goods or a supply of service

 

48. Transfer or disposal of goods forming part of the assets of the business is ________________.

A] supply of goods  B] supply of service C] neither supply of goods nor supply of service

D] either supply of goods or a supply of service

 

49. Sale of land is _____________.

A] supply of goods  B] supply of service C] neither supply of goods nor supply of service

D] either supply of goods or a supply of service

 

50. Supply of warehoused goods to any person before clearance for home consumption is _______________.

A] supply of goods  B] supply of service C] either supply of goods nor supply of service

D] neither supply of goods or a supply of service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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