What is the role of treasury manager?
Is it better than General Officer ?
i have finished MBA e business am i eligible for this post (though I have applied)?? But i have work experience as Scale 1 officer in IOB ...
Can anyone plz share study material for treasury manager professional knowledge section
1.Maintaining a foreign currency account is helpful to
(A) Avoid transaction cost. (B) Avoid exchange risk. (C) Avoid both transaction cost and exchange risk. (D) Avoid exchange risk and domestic currency depreciation
2.India’s foreign exchange rate system is?
(A) Free float (B) Managed float (C) Fixed . (D) Fixed target of band
3. Hedging transaction is indicated by
(A) Transactions in odd amounts (B) Presentation of documentary support. (C) Frequency of such transactions. (D) All of above
4.An irrevocable LC which authorises the advising bank to extend preshipment/packing credit upto a certain amount to the beneficiary to enable him to meet preshipment expenses is known as a / an
(A) Irrevocable LC (B) Transferable LC (C) Revolving LC (D) Red Clause LC
5. Which of the following pairs are not correctly matched?
(A) Business entity – Accounting standard (B) Stock valuation – Consistency (C) Capital – Drawings (D) Going concern – Assumption
6. Objective of Financial Management is to (A) earn the maximum profit (B) earn the reasonable profit (C) to maximum use of available resources (D) earn the maximum profit out of the available resources
7.What is not the acceptable method of calculation of depreciation?
(A) On fixed assets weight average cost method. (B) Written down value method (C) Straight-line method. (D) all of these
8. If a trial balance does not tally in spite of thorough scrutiny and the difference is substantial then which one of the following courses would the accountant adopt?
(A) Defer preparation of financial statements (B) Open suspense account (C) Write off the difference to profit and loss account (D) Ignore the difference and prepare financial statements
9. The acronym SWIFT stands for
(A) Safety Width In Financial Transactions. (B) Society for Worldwide International Financial Telecommunication. (C) Society for Worldwide Interbank Financial Telecommunication. (D) Swift Worldwide Information for Financial Transaction
10.Indirect rate in foreign exchange means (A) current liabilities (B) unsecured loans (C) reserves and surplus (D) all of these
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