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A. Corporate Governance B. Management System C. Strategic System D. Internal System AnswerOption: A
Read More »All the constituencies with a stake in the fortunes of the company are termed as ?
A. Chief executives B. Stakeholders C. Directors D. Subordinates AnswerOption: B
Read More »Annual cash dividends divided by annual earnings; or alternatively, dividends per share divided by earning per share is termed as ?
A. Earning per share ratio B. Dividend payout ratio C. Proposed dividend ratio D. Expected dividend ratio AnswerOption: B
Read More »The investment decision is the most important of the firm’s three major decisions, when it comes to ?
A. Value addition B. Value proposition C. Value creation D. Value deletion AnswerOption: C
Read More »Having some overall goal in mind, financial management is concerned with ?
A. Acquisition of assets B.All of them C. Financing of assets D. Management of assets AnswerOption: B
Read More »___________ is concerned with the acquisition, financing, and management of assets with some overall goal in mind?
A. Profit maximization B. Social responsibility C. Financial management D. Agency theory AnswerOption: C
Read More »One reason why adjustable-rate mortgages (ARMs) have become popular has to do with the impact that they have on the interest rate risk that is borne by the parties involved. If interest rates were to rise on a level-payment mortgage (LPM) the interest rate risk of the loan would typically be borne by
A. neither the borrower nor the lender B. the lender only C. the borrower only D. both the borrower and lender AnswerOption: D
Read More »Given the following information on an interest-only mortgage, calculate the monthly mortgage payment. Loan amount: $56,000, Term: 15 years, Interest Rate: 7.5%.
A. 350 B. 4200 C. $169.13 D. $519.13 AnswerOption: A
Read More »Assume that a borrower has a choice between two comparable fixed-rate mortgage loans with the same interest rate, but different mortgage terms, one being a 30-year mortgage and the other a 15-year mortgage. Under financially unconstrained circumstances, which of the following statements best describes the borrowers preference?
A. The borrower would be indifferent between the two mortgages. B. The borrower would prefer the 15-year mortgage. C. The borrower would prefer the 30-year mortgage. D. The borrower is unable to compare mortgage loans of two different maturities. AnswerOption: A
Read More »Mortgage is ____ in the immoveable property.
A. Transfer of title B. Transfer of interest C. Hypothecation D. Pledge AnswerOption: B
Read More »On liquidation of the debt, the mortgagor has the right to get back the document relating to mortgaged property, where poession has been given, to get back the possession and where title has been transferred, to get retransferred. This right is known as:
A. Right of redemption B. Right of foreclosure C. Right of appropriation D. Right of lien AnswerOption: A
Read More »In which of the following Acts, the provisions of Mortgage of an Asset are dealt with?
A. Indian contract act B. Sale of goods act C. Negotiable Instrument act D. Indian Company law E. Transfer of property act AnswerOption: E
Read More »In which of the following mortgage, when mortgagor without delivering the possession, binds himself personally to pay the mortgage money and agrees that in the event of his failure to pay the mortgage money, the mortgagee shall have a right to cause the property to be sold?
A. Simple Mortgage B. Equitable Mortgage C. English Mortgage D. Mortgage by conditional sale AnswerOption: D
Read More »In which of the following mortgage, two witness and registration is required, possession and ownership is not transferred?
A. English Mortgage B. Usufructuary Mortgage C. Simple Mortgage D. None of the above AnswerOption: C
Read More »In which of the following mortgage, the title is transferable but not the possession?
A. Usufructuary Mortgage B. Simple Mortgage C. English Mortgage D. None of Above AnswerOption: D
Read More »