
Proprietary ratio 10.2.2023
Authored by Lingameena N
Arts
University
Used 1+ times

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8 questions
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1.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
An increase in SLR will
control the credit creation
increase the credit creation
2.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Current Assets means
Assets which can be converted in to cash with in one year
Assets used for long period
Intangible Assets
None
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
9.The accumulated reserves will be transferred to the old partners Capital account in the _______ ratio at the time of his retirement
old profit sharing
new profit sharing
sacrificing
gaining
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The RBI use the following instruments for quantitative control of credit
1. cash requirement ratio2. statutory liquidity ratio3. open market ratio4. margin requirements
1&2
2&3
1,2&3
All of them
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
10.A, B and C are sharing profits in the ratio of 2/5 : 2/5 : 1/5. C retired from business and his share was purchased equally by A and B. Then new profit sharing ratio shall be
A – 1/2 & B – 1/2
A – 3/5 & B – 2/5
A – 2/5 & B – 3/5
A-1/6 & B- 1/6
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
7.If the amount due to the outgoing partner is transferred to loan account then he is entitled to interest at _____untill it is paid out.
9%
5%
6%
4%
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
8.If the goodwill account is raised for Rs.30,000, the amount is debited to
The capital accounts of partners
Goodwill Account
Cash Account
Revaluation Account
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