Finance Quiz

The Rule of 72 determines how long will it take for

When you are buying a stock, you get a small piece of

What is Compound Interest?

Which of the following Investment is considered to be the riskiest?

Derivatives can be classified as

A private company going public for the first time by sale of its stocks to raise capital

An account to hold shares and securities in an electronic format

A pool of money collected from various investors and put in a variety of financial instruments like stocks, bonds, money market instruments, etc.

A bull market is when

A Trading Account is

10. The publication or presentation of financial statements should not be delayed according to the

9. The Matching concept matches

8. Liabilities, expenses and losses should not be understated and revenue, profits and assets not to be overstated, according to

7. According to concept, the proprietor pays interest on drawings.

6. For Every Debit, there’s an equal credit as per

5. According to concept, a business enterprise is considered separate from its owners.

4. Revenue Recognition Principle states to

3. The life of a business can be divided into equal time periods as per the

2. A business or economic entity concept applies to

1. Under the Accrual Concept of Accounting, revenue or expenses are recorded when:

Efficiency of an unbiased estimator is measured by its:

Intergenerational data mining involves using:

A discrete probability distribution is the same as

A numerical descriptive measure of a population, usually unknown is known as

You can best summarize a large mass of data pictorially by means of

If the Mean, Median and Mode of a distribution are 3.5, 3.8 and 4 respectively, the distribution is said to be:

Given the Probabilities as:

P(A) = 35%

P(B) = 65%

P(B | A) = 65%

A property and potential benefit of using arithmetic mean is its ability to:

Inflation in a country usually leads to

Inferior goods refer to

Hyperinflation is caused by

Which of the statements is correct? GDP or Gross Domestic Product is

Which of the following statements is correct? A government’s fiscal deficit can be financed by

The changes in prices of all the goods and services produced in economy can be measured by

Leading Economic Indicators (LEI) are:

What does a negative cross-price elasticity between two goods indicate? They are likely to be

John is researching on an industry. He discovers it has numerous buyers and sellers. There is free entry and exit in the market. The firms’ motive is profit maximization and there is no consumer preference. So, what kind of market structure the industry has?

Which one of these is least likely to cause a shift in the long-run aggregate supply curve?