76. When can credit for tax paid under reverse charge be taken?
option (a) Same month (b) Next month
(c) Any of the two months (d) When in GSTR 2A it appears

CA Final AFM

CHAPTER 1: FINANCIAL POLICY AND CORPORATE STRATEGY

From Pratik Jagati Sir MCQs Book

Question 1:
The strategic financial management is __
A) Backward looking
B) Report-focused discipline
C)Forward-looking subject of financial management
D) All of the above

Question - 2:
......................... is the springboard for wealth creation.
A) Investment in highly risky securities. B) Capital investment
C) Foreign Exchange Risk Management D) None of the above

Question - 3:
The primary objective of investors in a world of economic uncertainty is...................
A) To select investment and financial opportunities that will give them maximum expected
returns at minimum risks.
B) To select investment and financial opportunities that will give them maximum expected
returns at maximum risks.
C) To select investment and financial opportunities that will give them minimum expected returns
at maximum risks.
D) None of the above

CHAPTER 2: RISK MANAGEMENT

Question 1:
............................is associated with diffusion of economic crisis throughout a market, asset class or
geographic region.
A) Systematic Risk B) Unsystematic Risk
C) Contagion Risk D) Credit Risk

Question – 2:
Which of the following techniques can be used to managecounter party risk?

A) Local sourcing of raw materials and labour.
B) Evaluating countries macro-economic conditions.
C) Rapid action in the event of any likelihood ofdefaults.
D) Entering into joint ventures.

Question – 3:
Which type of risk is primarily faced by a company when it ventures into a new industry or
geographical area with completely different laws and regulations?
A) Operational Risk B) Compliance Risk
C) Currency Risk D) Financial Risk

Question – 4:
Which type of risk occurs when a counter party fails to honour their obligations?
A) Interest Rate Risk B) Currency Risk
C) Credit Risk D) Political Risk