FYBCOM Maths MCQ with Answers: IDOL Mumbai University 2021
FYBCOM Maths MCQ with Answers Semester -1
Which one of the following is not a right of shareholders?
- To receive a dividend declared by the company
- To attend and vote a meetings
- To receive the company’s accounts
- To manage company’s affairs
Shares issues without any special rights attached to them are known as:
- Ordinary shares
- Preference shares
- Bonus shares
- None of these
Which among the following is printed on the share certificate?
- Market value
- Face value
- Both Aand B
- No any value is printed on the share certificate
The annual profit distributed among shareholder is called
- Share
- Bonus shares
- Dividend
- Profit
The dividend is always paid on the
- Face value of a share
- The market value of shares
- both A and B
- None of these
When the market value is more than face value, it is referred to as.
- At par
- At premium
- At discount
- none of these
When the market value is less than face value, its referred to as
- At par
- At premium
- At discount
- none of these
When the market value is equal to face value it is referred to as.
- At par
- At premium
- At discount
- none of these
The face value of a share
- Changes frequently
- Changes annually
- Changes according to the market condition
- Remain constant
The market value of shares
- Changes frequently
- Changes annually
- Changes according to the market condition
- Remain constant
Which of the following is least important in determining the fair market value of shares?
- Earning and dividends per share
- Face value per share
- The available supply of shares and demand to purchase shares
- Par value of shares
Brokerage is___
- Brokers profit
- Broker’s charges
- Company’s profit
- Shareholder charges
Which statement about bonus shares is true?
- they may be issued for repayment of debenture
- they may be issued at a premium
- they may be issued to the holders of preference shares
- they may be issued using the premium received from an issue of preference shares
What will result in an increase in the case of funds to a business?
- bonus issue of shares
- increase in authorized share capital
- revaluation of fixed assets
- right issue of shares
What are the different options other than cash used for distributing profits to shareholders?
- bonus shares
- stock split
- stock purchased
- all of these
A stock split is a procedure in which a stakeholder’s common stock is exchanged for preferred stock.
- true
- false
- cannot say
An investment company____
- specializes in investing funds on behalf of the financial institution
- is a closed-ended fund that invests in real estate
- pools fund from individual investors
- is a specific type of bank
An investment company that will repurchase shares at any time it is called an____fund.
- closed-ended
- open-ended
- public
- none of these
An investment company that issues a fixed number of shares that can only be resold in the form open stock market is called______fund.
- closed-ended
- open-ended
- public
- none of these
Which of the following statement about mutual funds is true?
- all mutual funds are the same___.
- the mutual funds allowed the investor to spread the risk among the several stocks and bonds.
- load fund does not charge a sales commission but invests in lower-quality stocks.
- many mutual funds do not charge management fees
A mutual fund is not____
- owned jointly by all investors
- a company that manage the investment portfolios of high net worth individuals
- a pool of funds used to purchase securities on behalf of investors
- a collective investment vehicles
The “load” charged to an investor in a mutual fund is_____.
- entry fee
- cost of the paper on which unit certificates are printed
- the fee the agent charges to the investor
- the expense incurred by the fund manager for marketing mutual fund scheme
The load cannot be recovered____.
- at the time of the investor’s entry into the fund
- as a fixed amount each year
- at the time the investor exist the fund
- from the fund distribution agent
The value of load mutual fund’s assets less its liabilities divided by the number of shares outstanding is referred to as the fund’s___.
- net asset value
- offering price
- open-ended value
- closed-ended value
A fee that is charged at the time mutual fund shares are purchased by an investor it is called a_____.
- contingent deferred sales charges
- back-end-load
- front-end-load
- none of these
The maximum load that the fund can charge is determined by AMC the____.
- AMC
- SEBI
- AMFI
- distribution agents based on demand for the fund
Close-ended funds have lower cash requirements than open-end funds because____.
- the close-ended fund has limited lifetimes
- open-ended funds pay more taxes than closed-ended funds
- open-ended funds tend to invest in less liquid assets
- open-ended funds allow investors to redeem their shares at any time
Shares of closed-ended fund often sell______.
- exactly at the net asset value
- at a discount of the net asset value
- at a premium to the net asset value
- at the net asset value, plus a load fee
Shares of open-ended fund of fund trade:
- exactly at the net asset value
- at a discount of the net asset value
- at a premium to the net asset value
- at the net asset value, plus a load fee
The NAV of a mutual fund____.
- is always constant
- keeps going up at a steady rate
- fluctuations with the market prices moment
- cannot go down at all
Net Asset Value of mutual fund scheme is defined as the schemes____.
- asset minus liabilities
- assets per unit
- asset minus liabilities per unit
- none of the above
The amount required to buy 100 units of a scheme having an entry load of 1.5 % and Net Asset Value of ₹20 is____.
- 2000
- 2015
- 1985
- 2030
A scheme of mutual funds has units with a face value of ₹10 and a Net Asset Value of ₹37. The Fund declares a dividend of 35% in the scheme. The ex-dividend net asset value will be____per unit.
- 37
- 2
- 33.50
- 35.5
Find out the number of ways in which 6 rings of different types can be worn in 3 fingers?
- 120
- 720
- 125
- 729
In how many ways can 5 Man draw water from 5 taps if no tap can be used more than once?
- 60
- 120
- 725
- none of these
The number of distinct permutations that can be formed from all the letters of the word “RADAR” is___
- 30
- 32
- 28
- 21
From a group of 7 men and 6 women, five persons are to be selected to form a committee so that at least 3 men are there on the committee. In how many ways it can be done?
- 546
- 645
- 735
- 756
Out of 7 consonants and 4 vowels how many words of 3 consonants and 2 vowels can be formed?
- 210
- 1050
- 25200
- 21400
In a group of 6 boys and 4 girls, four children are to be selected. In how many different ways can they are selected such that at least one boy should be there?
- 159
- 194
- 205
- 209
In how many ways a committee, consisting of 5 men and 6 women can be formed from 8 men and 10 women?
- 266
- 5040
- 11760
- 86400
How many 4-letter words with or without meaning, can be formed out of the letters of the word, “LOGARITHM”, if repetition of letters is not allowed?
- 40
- 400
- 5040
- 2520
A company has 10 software engineers and 6 civil engineers. In how many ways can a committee of 4 engineers be formed from them such that the committee must contain exactly 1 civil engineer?
- 800
- 720
- 680
- 740
How many signals can be made using 6 different coloured flags when any number of of them can be hoisted at a time?
- 1956
- 1720
- 2020
- 1822
The number of ways of selecting 4 cards of an ordinary pack of playing cards so that exactly 3 of them are of the same denomination is____.
- 2496
- 2552
- 2400
- 2448
The number of ways in six + and 4 – signs can be arranged in the line such that no two – sign occur together is__.
- 30
- 35
- 42
- 28
There are 15 points in a plane, no two of which are in a straight line except 4, all of which are in a straight line. The number of triangles that can be formed by using these 15 points is___.
- 404
- 415
- 451
- 490
The number of the arrangement of the letters of the word BANANA in which two N’s do not appear adjacently is___.
- 40
- 60
- 80
- 100
An event manager has ten patterns of chairs and eight patterns of tables. In how many ways can he make a pair of table and chair?
- 100
- 80
- 110
- 64
How many 6 digit telephone numbers can be formed if each number starts with 35 and no digit appears more than once?
- 720
- 360
- 1420
- 1680
25 buses are running between two places P and Q. In how many ways can a person go from P to Q and return by a different bus?
- 600
- 576
- 625
- none of these
The objective of linear programming for an objective function is to____.
- maximize or minimize
- find inequalities
- find feasible region
- none of these
In linear programming, the objective function and objective constraint are____.
- solved
- linear
- quadratic
- adjacent
_____are expressed is n the form of inequities or equations.
- constraints
- objective functions
- both A and B
- none of these
The objective functions and constraints are the linear relationship between____.
- variables
- constant
- functions
- all of these
For linear inequalities, the solution set for a group of inequalities is classified as_____.
- concave set
- convex set
- loss set
- profit set
Which of the following is a property of all linear programming problems?
- an alternate course of action to choose from
- minimization of some objective
- usage of the graph in the solution
- sage of linear and nonlinear equations and inequalities
The graphic method can be applied to solve an LLP when there are only____variable.
- one
- more than one
- two
- three
A minimization problem can be converted into a maximization problem by changing the sign of coefficient in the____.
- constraints
- objective functions
- both A and B
- none of these
A point that satisfies all of our problems constant simultaneously is a(n)_____.
- corner point
- the intersection of the profit line and a constraint
- the intersection of two or more constraints
- none of these
The first step in formulating an LP problem is____.
- graph the problem
- understand the managerial problem being faced
- identify the objective and the constraints
- define the decision variables
LP theory states that the optimal solution to any problem will lie at____.
- the origin
- a corner point of the feasible region
- the highest point of the feasible region
- the lowest point in the feasible region
In order for a linear programming problem to have a unique solution, the solution must exist____.
- at the intersection of the non-negativity constraints
- at the intersection of non-negative constraint and a resources constraint
- at the intersection of the objective function and a constraint
- at the intersection of two or more constraints
Total profit is maximized when the objective function as a straight line on a graph is_____.
- furthest from the origin and the tangent to the feasible region
- nearest to the origin and tangent to the feasible region
- nearest to the origin irrespective of the visible region
The mean the median and the mode___________.
- Are all measures the central tendency
- all are applicable to continuous or scale data only
- are all suitable equivalent measure of the average, irrespective of the distribution
- always have values that are very similar when calculated from the same data set
The variable value having a maximum frequency in a frequency distribution is called_________.
- mean
- median
- mode
- variance
Mean is a measure of_________.
- Central value
- dispersion
- correlation
- none of these
Out of all the measures of central tendency__________is, the only measures which are not unique.
- mean
- median
- mode
- variance
Which of the following is a measure of Central value?
- median
- standard deviation
- mean deviation
- quartile deviation
Which of the following measure of Central tendency is not affected by extreme values?
- mode
- median
- sixth decile
- all of these
In the case of weighted mean, the accuracy or utility of mean_______.
- decreases
- increases
- is unaffected
- none of these
The measure of central tendency which cannot be calculated with open end class in case of grouped data is________.
- median
- arithmetic mean
- mode
- third quartile
The sum of the deviations about mean is_________.
- zero
- minimum
- maximum
- one
The sum of the deviation about median is_________.
- zero
- minimum
- maximum
- one
The sum of the square of deviations about mean is________.
- zero
- minimum
- maximum
- one
Weighted mean gives higher value than unweighted mean if_________.
- all the items have equal weights
- larger items have higher weights and small items have lower weight
- larger items have lower weights and smaller item have higher weights
- none of these
If the mean is 25 and the standard deviation is 5, then CV is_________.
- 100%
- 50%
- 20%
- none of these
Which among the following is used to compare the variation or dispersion in two or more sets of data even though they are measured in different units?
- range
- standard deviation
- coefficient of variation
- mean deviation
Which among the following is used to find the consistency of performance?
- range
- standard deviation
- coefficient of variation
- mean deviation
Which of the following statements is true?
- the standard deviation can take a negative value
- the variance and standard deviation are always appropriate descriptive measures for any set of continuous or scale data
- the variance and standard deviation are measures of spread or dispersion
- if each of a set of scores is multiplied by a constant, the value of the standard deviation increases fourfold
A histogram________.
- is a graphic representation of the frequency distribution of a continuous variable
- is a graphic representation of the frequency distribution of the qualitative or categorical variable
- is an alternative to a pie chart
- is a bar chart
John has a test score of 64, which is at the 90th percentile. This means that__________.
- 5% of people score lower than 64
- 90 % people score lower than 64
- 10 % of people score lower than 64
- 90 % of people score higher than 64
The measures of dispersion can never be________.
- positive
- zero
- negative
- equal to 2
The standard deviation is the____________.
- square of variance
- the square root of the variance
- average of all the deviations of scores from the mean
- average of the square root of deviation of scores from the mean
The average of the square deviations from the arithmetic mean is called________.
- variance
- mean deviation
- standard deviation
- none of these
A measure of relative dispersion is given by the__________.
- variance
- range
- standard deviation
- coefficient variation
If the occurrence of one event means that another cannot happen, then the event are________.
- independent
- mutually exclusive
- certain
- none of these
In the special rule of multiplication of probability, the event must be_________.
- independent
- mutually exclusive
- certain
- none of these
Which of the following is not a correct statement about probability?
- it must have a value between 0 to 1
- it can be reported as a decimal or fraction
- a value near 0 means that the event is not likely to occur
- it is the collection of several experiments
If A and B are two events such that P(A) = 0.3 and P(AUB) = 0.8 and if A and B are independent events, then P(B) =?
- 5/7
- 2/3
- 1
- none of these
A single die is rolled. What is the probability of getting 4?
- 2/6
- 0
- 4/6
- 1/6
The essential characteristic of the decision model are_________.
- states of nature
- courses of action
- payoffs
- all of these
Decision theory is concerned with__________.
- method of arriving at an optimal decision
- selecting optimal decision in a sequential manner
- analysis of information that is available
- all of the house
Decision-making is typically described as which of the following?
- deciding what is correct
- putting the preference on paper
- choosing among the alternatives
- processing information to completion
Which of the following is not among the reasons for the complexity of the decision?
- the decision has an immediate, short term impact
- experts offer contradictory advise
- managers often share decisions
- the manager faces many decisions
In decision analysis, we refer to the consequence resulting from a specific combination of decision alternative and state of nature is a_________.
- branch
- consequence
- node
- pay-off
A table showing the pay-off for all combination of decision alternatives and state of nature is called_______.
- a choice node
- an expected value
- a payoff table
- none of these
A type of decision-making environment is________.
- certainty
- uncertainty
- risk
- all of these
The possible outcomes for a chance event are referred as________.
- consequence
- expected values
- state of nature
- payoffs
Payoffs can be expressed in terms of__________.
- cost
- time
- profit
- none of the above
Which of the following criterion is not used for decision-making under uncertainty?
- maximin
- maximax
- minimax
- minimize expected loss
Which of the following criterion is not applicable to decision-making under risk?
- maximize expected return
- maximize return
- minimize expected regret
- knowledge of the likelihood of occurrence of each state of nature
A situation in which a decision-maker knows all of the possible outcomes of a decision and also knows the probability associated with each outcome is referred to as__________.
- risk
- certainty
- uncertainty
- all of the above
For decision making with little uncertainty, where managers can estimate the probabilities of event, the most widely used decision rule is________.
- expected payoff
- minimax regret
- maximax
- maximin
The decision-making criterion that should be used to achieve maximum long term pay-off is_______.
- EOL
- EMV
- Hurwicz
- Maximax
A payoff matrix presents all the information required to determine the optimal strategy using the_______.
- expected value criterion
- expected loss criterion
- maximin criterion
- minimax criterion
A matrix that for each state of nature and strategy, shows the difference between strategy’s payoff and the best strategy’s payoff is called_________.
- maximin matrix
- minimax regret matrix
- payoff matrix
- expected profit matrix
The sequence of possible managerial decisions and their expected outcome under each set of circumstances can be represented and analyzed by using_______.
- minimax regret matrix
- payoff matrix
- decision tree
- expected profit matrix
A__________is a decision support tool that uses a tree-like graph or a model of decisions and their possible consequences.
- decision tree
- graphs
- trees
- all of these
Which among the following are decision tree nodes?
- decision nodes
- chances nodes
- end notes
- all of these