Sources of Business Finance Test

Result

Sources of Business Finance Test - 33

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Weekly Quiz Competition

Question 1
1 / -0

An option to buy a particular share at a specified price within a specified future period is known as ___________.

A
Put option

B
Bid

C
Offer

D
Case option
Question 2
1 / -0

Public investment in a company is generally in the form of_______________.

A
Shares, debentures and deposits

B
Purchase of goods

C
Money Transfer

D
None of the above

Solution

Public investment in a company is generally in the form of shares, debentures and deposits. It means public can invest in a company by purchasing shares, debentures and deposits.
Question 3
1 / -0

Preference shares are those which carry the preferential as to ___________________.

A
The payment of dividend at a fixed rate

B
The return of capital on winding up of the company

C
Both (A) & (B)

D
Either (A) or (B)

Solution

The capital raised by issue of preference shares is called preference share capital. Preference share holders enjoy preferential position over equity in two ways i.e the payment of dividend at a fixed rate & the return of capital on liquidation of company.
Question 4
1 / -0

The commercial banks accept deposits from public, businessmen and others in form of ________.

A
saving deposits

B
time deposits

C
current deposits

D
all of above
Question 5
1 / -0

_______ is the rate at which commercial banks borrow money from the central bank in case of any shortage of funds they face.

A
Bank rate

B
Treasury rate

C
Reverse repo rate

D
Repo rate
Question 6
1 / -0

Banks act as an agent to their customers by rendering various services on behalf of customers like __________.

A
collection of bills, draft, cheques dividends etc.

B
payments of insurance premium, loan in statements, rent, bills etc.

C
acting as representatives of customers for stock exchange operations

D
all of above
Question 7
1 / -0

Secondary functions of commercial bank _________.

A
accepting deposits

B
agency service

C
general utility services

D
(B) and (C)
Question 8
1 / -0

Which of the following rights may be given to preference shareholder if provided by Articles?

A
To participate in the surplus remaining after the equity shares are redeemed in winding up.

B
To participate in the surplus profits remaining after payment of equity dividend.

C
To receive arrears of dividend at the time of winding up.

D
All of the above.

Solution

If provided by the Articles of Association, the following rights may be given to the shareholders of preferential shares are:
To participate in the surplus profits remaining after payment of equity dividend
To receive arrears of dividend at the time of liquidation
To receive premium on redemption of preference shares.
Question 9
1 / -0

Which of the following right may be given to preference shareholders if provided by Articles?

A
To participate in the surplus profits remaining after payment of equity dividend

B
To receive arrears of dividend at the time of winding up

C
To receive premium on redemption of preference shares

D
All of the above

Solution

If provided by the Articles of Association, the following rights may be given to the shareholders of preferential shares:
To participate in the surplus profits remaining after payment of equity dividend
To receive arrears of dividend at the time of liquidation
To receive premium on redemption of preference shares.
Question 10
1 / -0

Banks acts as an agents to their customers by rendering various services on behalf of customers like ________.

A
acting as an executors, administrators, trustee of an estate of customers

B
services such as submission of income tax returns, claiming of tax refunds etc.

C
collection of bills, draft, cheque dividends etc.

D
all of above

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Re-Attempt Weekly Quiz Competition

Sources of Business Finance Test - 33

Result

Sources of Business Finance Test - 33

Score

-

Rank

-

SHARING IS CARING

Question 1

Put option

Bid

Offer

Case option

Question 2

Shares, debentures and deposits

Purchase of goods

Money Transfer

None of the above

Solution

Question 3

The payment of dividend at a fixed rate

The return of capital on winding up of the company

Both (A) & (B)

Either (A) or (B)

Solution

Question 4

saving deposits

time deposits

current deposits

all of above

Question 5

Bank rate

Treasury rate

Reverse repo rate

Repo rate

Question 6

collection of bills, draft, cheques dividends etc.

payments of insurance premium, loan in statements, rent, bills etc.

acting as representatives of customers for stock exchange operations

all of above

Question 7

accepting deposits

agency service

general utility services

(B) and (C)

Question 8

To participate in the surplus remaining after the equity shares are redeemed in winding up.

To participate in the surplus profits remaining after payment of equity dividend.

To receive arrears of dividend at the time of winding up.

All of the above.

Solution

Question 9

To participate in the surplus profits remaining after payment of equity dividend

To receive arrears of dividend at the time of winding up

To receive premium on redemption of preference shares

All of the above

Solution

Question 10

acting as an executors, administrators, trustee of an estate of customers

services such as submission of income tax returns, claiming of tax refunds etc.

collection of bills, draft, cheque dividends etc.

all of above

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