Fin-trivia

A mentee of the big bull, did a scam worth ₹40,000Cr. He is alleged to be involved in cases like circular trading.

• Rakesh Jhunjhunwala

• Harshad Mehta

• Ketan Parekh

• Vijay Mallya

'FMS Traders', an asset heavy company, wants to raise funds through the debt. What is it trying to take advantage of?

• Depreciation

• Tax increase

• Tax shield

• None of the above

Alisha, an FMS alum (bo'96), saved ₹10L wrt IIM students at that time. What can be the best present value of the amount?

• 9

• 10

• 11

• 12

'Account for all possible losses, but don't account for probable profits' is in line with which accounting principle?

• Conservatism/Prudence

• Going concern

• Materiality

• Accrual

The share of which company has the highest value in the Indian Stock exchanges?

• Apple

• MRF

• Berkshire Hathaway

• Reliance

Study the graph and answer what is a possible reason of the same.

• Reduction in price of product

• Increase in price of product

• Price of tea (substitute good) decreased

• Price of tea (substitute good) increased

Ajay started a comp. with ₹5L (₹3L- by him, and rest- raised through external loan). How is the asset side affected?

• Decrease by 2L

• Increase by 3L

• Increase by 5L

• Decrease by 5L

A country- Bromiski is facing a huge issue of deflation. Help the government there to rectify the situation.

• Introduce Credit Rationing

• Increase the Repo rate

• Increase the Reverse Repo Rate

• None of the above

What is the 4 +-X targeted Inflation rate of India? (The tolerance band)

• 1

• 2

• 3

• 4

What is the most preferred scenario for a company among the following options?

• Maximised profits

• Break even

• Maximised shareholders' wealth

• None of the above