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Questions and Answers
What is the primary focus of financial management?
What is the primary focus of financial management?
- Managing money (correct)
- Managing financial services
- Managing investments
- Managing credit ratings
Which of the following is NOT a type of bank mentioned in the text?
Which of the following is NOT a type of bank mentioned in the text?
- Commercial bank
- Retail bank (correct)
- Central bank
- Investment bank
What is the time period for a financial year according to the text?
What is the time period for a financial year according to the text?
- July 1st to June 30th
- January 1st to December 31st
- October 1st to September 30th
- April 1st to March 31st (correct)
Which of the following terms is NOT explicitly defined in the text?
Which of the following terms is NOT explicitly defined in the text?
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What is a financial sector?
What is a financial sector?
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What is the primary function of financial sector according to the text?
What is the primary function of financial sector according to the text?
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Which of the following is NOT a type of bank mentioned in the text?
Which of the following is NOT a type of bank mentioned in the text?
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What is the significance of credit in finance as per the text?
What is the significance of credit in finance as per the text?
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Which area of finance involves evaluating the creditworthiness of individuals or entities?
Which area of finance involves evaluating the creditworthiness of individuals or entities?
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What defines the financial year according to the text?
What defines the financial year according to the text?
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