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Practice Financial Management Questions and Answers

According to Union Budget 2023-24, consider the following statements regarding indirect taxation changes made for green mobility: 1. Exemption of excise du...
According to Union Budget 2023-24, consider the following statements regarding Electronics sectors: 1. Mobile phone production in India ...
According to Union Budget 2023-24, consider the following statements regarding the Marine sector: 1. Marine products recorded the highest export growth 2...
According to Union Budget 2023-24, consider the following statements regarding Metal Industry: 1. Exemption from Basic Customs Duty on raw materials for S...
According to Union Budget 2023-24, consider the following statements regarding Income Tax: 1. Average processing period reduced from 93 days in financial ...
Which of the following statements is/are correct regarding National Stock Exchange (NSE) in India? 1) NSE was established in 1992. 2) NSE has...
Which of the following statements about stock markets is/are correct? 1) Stock markets provide a platform for companies to raise funds through the s...
Which of the following statements about health insurance in India is/are correct? 1) The Ayushman Bharat Yojana is a health insurance scheme for families ...
Which of the following statements about life insurance in India is/are incorrect? 1) The Life Insurance Corporation of India (LIC) was established in 1956...
Which of the following is true regarding insurance in India? 1) The Insurance Act, 1938 regulates the insurance sector in India. 2) The Life ...
Which of the following is true regarding the Motor Vehicles Act, 1988? 1) The act mandates that all motor vehicles in India must have third-party in...
Which of the following financial services are regulated by the IFSCA?
Which of the following statements is true about pension funds? 1) Pension funds are managed by the government and are only available to government e...
Which of the following is NOT a type of pension fund? 1) Defined benefit plan 2) Defined contribution plan 3) State-sponsored retirement scheme 4) Mone...
Which of the following is a type of pension plan where the employer agrees to pay a specified benefit to the employee upon retirement, based on a set formu...
Consider the following statements regarding the history of bullion: 1) The use of bullion dates back to ancient civilizations such as the Egyptians and th...
Which of the following factors does not affect the price of bullion? 1) Supply and demand. 2) Economic and political conditions. 3) Th...
Consider the following statements regarding the storage of bullion: 1) Bullion should be only stored in a bank vault for maximum security. 2) ...
Which of the following types of companies are not permitted to set up operations in GIFT City's IFSC?
Consider the following statements with reference to GIFT City: 1) GIFT City is a Special Economic Zone (SEZ) located in the state of Gujarat, India....
Which of the following financial services are offered by GIFT City? 1) Banking 2) Insurance 3) Asset Management 4) Stock Tradin...
Which of the following organizations is responsible for the development and management of GIFT City? 1) Securities and Exchange Board of India (SEBI...
Which of the following statements is/are correct about the city of Singapore as a global financial center? 1) Singapore is the world's largest center for ...
Which of the following statements is/are correct about the city of Shanghai as a global financial center? 1) Shanghai has the highest number of billionair...
Which of the following correctly defines the term ‘monopsony’?
Which of the following committees recommended the introduction of the Banking Regulation (Amendment) Bill, 2020 in the Indian Parliament?
Which of the following is not a requirement for an entity to be eligible to set up a payment bank in India?
Which of the following is/are characteristics of a Public good? 1)Non-excludability 2)Non rival Consumption 3)Non rejectable Select the correct answer us...
According to Union Budget 2023-24, consider the following statements regarding MSMEs: 1. Medium enterprises with turnover up to Rs 2 crore and certain prof...
According to the Union Budget 2023-24, consider the following statements regarding Cooperation: 1. New co-operatives that commence manufact...
According to Union Budget 2023-24, consider the following statements regarding the rationalization of Direct Tax: 1. Removing the minimum threshold of ...
According to Union Budget 2023-24, consider the following statements regarding the Personal Indirect Tax: 1. It is proposed to increase the rebate limit to...
According to Union Budget 2023-24, consider the following statements regarding the socioeconomic welfare measures proposed by the government: 1. The paym...
According to Union Budget 2023-24, consider the following statements regarding Legislative Changes In GST laws: 1. raise the minimum threshold of tax amo...
According to the Union Budget 2023-24, consider the following statements. 1.The IMF has projected global growth to slow from 6.2 percent in 2021 to 2.9 p...
According to the Union Budget 2023-24, consider the following statements. 1. As per the First Advance Estimates (FAE) of National Income, 2022-23, India�...
According to the Union Budget 2023-24, consider the following statements. 1. The share of exports in GDP (at 2011-12 prices) also increased to 28.7 per c...
According to the Union Budget 2023-24, consider the following statements. 1)During FY 2021-22, agricultural exports reached an all-time high of US$ 50.2 bi...
According to the Union Budget 2023-24, consider the following statements. 1. Monthly merchandise exports declined from US$ 39.7 billion in April 2022 to ...
What is "Flipping" in the context of entrepreneurship?

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