Finance Questions

Q:

What is meant by Take Over ?

Answer

In business, a takeover is the purchase of one company by another.

Report Error

View answer Workspace Report Error Discuss

Subject: Finance

2 2952
Q:

what is the internal rate of return(IRR) of eurekaforbes?

Answer

Internal Rate of Return is that rate of Return at which the net present value is equal to Zero or it is the Rate which equates the present value of the cash inflows to the cash outflows.


NPV = Cash Inflow - Cash outflow


NPV = Zero


 

Report Error

View answer Workspace Report Error Discuss

Subject: Finance

0 2878
Q:

Which payment type can help you stick to a budget?

A) Payday loans B) Cash advances
C) Debit cards D) Credit cards
 
Answer & Explanation Answer: C) Debit cards

Explanation:

There are two payment types that will help you stick to your budget.

1. Cash
2. Debit Card

The amount in the debit card is the only amount you can spend to stay within budget.

These method work because once you spend your money, you are done. You don’t have anything else to spend.

 

Credit cards, payday loans, and cash advances are all loans on future income. When you use a credit card, there is always just a little bit more you can spend. These types do not help you budget properly. In fact, these types encourage you to spend beyond your means and be out of budget.

Report Error

View Answer Report Error Discuss

Filed Under: Finance
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 2831
Q:

What is the difference between asset management and invest management?

Answer

Investment and asset are really close in meaning. Investment is when you put your money in stock, bond or other financial instruments. Whereas Asset is what you own generally reffered to land, proprietorship , factory, etc.

Report Error

View answer Workspace Report Error Discuss

Subject: Finance

2 2753
Q:

What is Retained Earnings?

Answer

When a company or corporation earns a profit or surplus, that money can be put to two uses it can either be re-invested in the business called retained earnings or it can be paid to the shareholders as a dividends.

Report Error

View answer Workspace Report Error Discuss

Subject: Finance

0 2735
Q:

Capitalism is characterized by which of the following?

A) Profits B) A market economy
C) Privately owned businesses D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

Capitalism is an economic system followed by a country or a society which is characterized by Privately owned businesses, a market economy and profits.


Capitalism is defined as "production for exchange" driven by the desire for personal accumulation of money receipts in such exchanges, mediated by free markets. The markets themselves are driven by the needs and wants of consumers and those of society as a whole in the form of the bourgeois state.

Report Error

View Answer Report Error Discuss

Filed Under: Finance
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 2714
Q:

What is true about personal financial planning?

A) Personal financial planning is the process of creating and achieving financial goals B) Our financial decisions decrease once we reach adulthood
C) A family's resources are unlimited D) There are two means for achieving financial goals—you either need to increase your spending or reduce savings
 
Answer & Explanation Answer: A) Personal financial planning is the process of creating and achieving financial goals

Explanation:

Personal financial planning is the process of creating and achieving financial goals.

 

True statements regarding personal financial planning:

As we age, the number and complexity of the financial decisions that we make increases.

There are two means for achieving financial goals—you either need to increase your savings or reduce spending.

A family's resources are limited.

Report Error

View Answer Report Error Discuss

Filed Under: Finance
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 2712
Q:

What is the difference between real money & nominal money?

Answer

Nominal money relates more to it's measure of counting - so nominal figure of what is written on bill, while "real" relates more to it's purchasing power (usually between some periods of time). For instance 100 units in nominal could buy 2 units of good in 1950 and 1 unit of good in 2005, at the same time real value of this 100 nominal units are 100 real units in 1950 and 50 real units in 2005.


Same is with GDP. In nominal it can rise due to inflation while it can stay the same or even decrease in real value.

Report Error

View answer Workspace Report Error Discuss

Subject: Finance

2 2709