479. Degree of financial leverage is a measure of relationship between ___________.

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EPS and EBIT
EBIT and quantity produced
EPS and quantity produced
EPS and sales
✅ The correct answer is A.
Degree of financial leverage is a measure of relationship between EPS and EBIT. The degree of financial leverage (DFL) measures the percentage change in EPS for a unit change in operating income, also known as earnings before interest and taxes (EBIT). This ratio indicates that the higher the degree of financial leverage, the more volatile earnings will be.

476. Expand the term IGMS.

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Insurance General Management System
Indian General Management System
Integrated Grievance Management System
Intelligent Grievance Management System
✅ The correct answer is C.
The Integrated Grievance Management System(IGMS) facilitates online registration of policyholders’ complaints and helps track their statuses.

473. The shape of PPC is concave due to

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Falling opportunity cost between two goods
Rising opportunity cost between two goods
Constant opportunity cost between two goods
None of the above
✅ The correct answer is B.
The shape of PPC is concave due to rising opportunity cost between two goods. Most of the PPF curves are concave due to the inadaptability of the resources. The law of increasing opportunity cost states: as the production of one good rises, the opportunity cost of producing that good increases.

506. Which process is used to reinstall data from a copy when the original data has been lost?

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backup
recovery
benchmarking
data cleansing
✅ The correct answer is B.
Recovery process is used to reinstall data from a copy when the original data has been lost. Data restore is the process of copying backup data from secondary storage and restoring it to its original location or a new location.

500. “From the following information, calculate the extra cost of material by following EOQ: Annual consumption = 45000 units Ordering cost per order = Rs 10 Carrying cost per unit per annum = Rs 10 Purchase price per unit = Rs 50 Re-order quantity at present = 45000 units There is discount of 10% per unit in case of purchase of 45000 units in bulk”

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No saving
Rs. 2,00,000
Rs. 2,22,010
Rs. 2,990
✅ The correct answer is D.

459. Which of the following is not a source of long-term finance?

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Equity shares
Preference shares
Commercial papers
Reserves and surplus
✅ The correct answer is C.
Commercial papers is not a source of long-term finance. Commercial paper is an unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts payable and inventories and meeting short-term liabilities.