McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Education (CBCS) .
Chapters
151. |
The internal environment factor(s) that influence management is/are |
A. | Labor |
B. | Machines |
C. | Place |
D. | All of the above |
Answer» D. All of the above |
152. |
The heart of the administration is the__________ |
A. | Directing |
B. | Organising |
C. | Controlling |
D. | Cooperating |
Answer» A. Directing |
153. |
Who defines the educational management is the “Theory and practice of the organisation and administration of existing educational establishments and systems” |
A. | Koopman |
B. | Paul Munroe |
C. | G. Terry Page and J.B. Thomas |
D. | Tony Bush |
Answer» C. G. Terry Page and J.B. Thomas |
154. |
Which of the following is not a principle of management? |
A. | Principle of Justice |
B. | Principle of Participation |
C. | Principle of Leadership |
D. | Principle of Assessment |
Answer» D. Principle of Assessment |
155. |
_______ makes no attempt to install a uniform pattern or a national system of education |
A. | Decentralisation |
B. | Bureaucracy |
C. | Centralisation |
D. | Technocracy |
Answer» A. Decentralisation |
156. |
A Bureaucrats by_______ of his training is considered to be versed with rules and regulation |
A. | Commitment |
B. | Discipline |
C. | Limitation |
D. | Virtue |
Answer» D. Virtue |
157. |
_______ is a motivating force in management |
A. | Dominance |
B. | Leading |
C. | Control |
D. | System |
Answer» B. Leading |
158. |
_______ is the process of ensuring that the policies and techniques established for achieving objectives of an organisation are properly and successfully followed |
A. | Reporting |
B. | Evaluation |
C. | Supervising |
D. | Planning |
Answer» C. Supervising |
159. |
Organisation begins when people combine their_______ for a given purpose |
A. | Knowledge |
B. | Skills |
C. | Power |
D. | Efforts |
Answer» D. Efforts |
160. |
________ is deciding in advance what to do, how to do it, when to do it and who is to do it, it involves anticipating the future and consciously choosing the future course of action |
A. | Directing |
B. | Planning |
C. | Organising |
D. | Coordinating |
Answer» B. Planning |
161. |
The objective of financial management is – |
A. | To ensure optimum utilization of funds |
B. | To ensure human capital development |
C. | To ensure safety on investment |
D. | All the above |
Answer» D. All the above |
162. |
Which of the following is not a source of income of educational institutions? |
A. | Land grants and endowments |
B. | Government grants |
C. | Loan from banks |
D. | Student fees |
Answer» C. Loan from banks |
163. |
Financial management is concernrd with – |
A. | profit and loss |
B. | procurement and utilization of funds |
C. | loan from banks |
D. | sound investment |
Answer» B. procurement and utilization of funds |
164. |
Educational finance aims at seeing that the money for education is spent most - |
A. | judiciously & productively |
B. | appropriately & adequately |
C. | effectively & efficiently |
D. | none of the above |
Answer» A. judiciously & productively |
165. |
The main source of income of educational institutions is – |
A. | Student fees |
B. | Gifts & donations |
C. | Government funds |
D. | All the above |
Answer» C. Government funds |
166. |
Public funds include money recieved from – |
A. | central government |
B. | state government |
C. | local government |
D. | All the above |
Answer» D. All the above |
167. |
In ancient and medieval India, education was mainly financed by – |
A. | Endowments |
B. | Land grants |
C. | Donations |
D. | Gifts & Bequests |
Answer» A. Endowments |
168. |
Educational cess levied by local bodies may be in the form of a – |
A. | land revenue tax |
B. | tax on houses/building tax |
C. | both of the above |
D. | none of the above |
Answer» C. both of the above |
169. |
The biggest problem in educational finance is – |
A. | Maintenance of normal services |
B. | constitutional provisions |
C. | political factors |
D. | system of administration |
Answer» A. Maintenance of normal services |
170. |
Which is not a major factor affecting financial allocations? |
A. | Economic development |
B. | Socio-cultural environment |
C. | Expansion of educational facilities |
D. | Developmental Policies |
Answer» C. Expansion of educational facilities |
171. |
“Financial Management is an area of financial decision-making, harmonising individual motives and enterprise goals”. Who said this? |
A. | Weston Brigham |
B. | Howard & Upton |
C. | Solomon |
D. | Taylor |
Answer» A. Weston Brigham |
172. |
“Financial Management is the application of general managerial principles to the area of financial decision-making”. Who said this? |
A. | Weston Brigham |
B. | Howard & Upton |
C. | Solomon |
D. | Taylor |
Answer» B. Howard & Upton |
173. |
“Financial Management is concerned with the efficient use of an important economic resource, namely, capital funds”. Who said this? |
A. | Weston Brigham |
B. | Howard & Upton |
C. | Solomon |
D. | Taylor |
Answer» C. Solomon |
174. |
“Financial Management is concerned with the procurement of funds and their effective utilization in business”. Who said this? |
A. | SC Kuchhal |
B. | S.N Maheshwari |
C. | S.K Mangal |
D. | Choudhury |
Answer» A. SC Kuchhal |
175. |
“Financial Management is concerned with raising finances and their effective utilization towards achieving organisational goals”. Who said this? |
A. | SC Kuchhal |
B. | S.N Maheshwari |
C. | S.K Mangal |
D. | Choudhury |
Answer» B. S.N Maheshwari |
176. |
Educational needs are related to the - |
A. | size of the population |
B. | social change |
C. | economic and political development |
D. | all the above |
Answer» D. all the above |
177. |
Sound financial planning includes – |
A. | decisions about revenue, cost and economy |
B. | budget administration |
C. | financial relationships among various agencies |
D. | all the above |
Answer» D. all the above |
178. |
The roots of educational finance are found in basic disciplines like - |
A. | statistics |
B. | economics and political science |
C. | law and taxation |
D. | all the above |
Answer» D. all the above |
179. |
The sources of income for education may be broadly classified into - |
A. | Public and Private funds |
B. | Government and Non – government funds |
C. | Both of the above |
D. | None of the above |
Answer» A. Public and Private funds |
180. |
Public funds may be in the form of - |
A. | grants |
B. | subsidies |
C. | subventions |
D. | all the above |
Answer» D. all the above |
181. |
The various kinds of fees charged to students include - |
A. | tuition fee |
B. | library and laboratory fee |
C. | magazine and games fee |
D. | all the above |
Answer» D. all the above |
182. |
Sums of money where the principles are maintained intact and only the income from the interest on the principal are consumed is called - |
A. | Land grants |
B. | Bequests |
C. | Endowments |
D. | Philantropic trust |
Answer» C. Endowments |
183. |
The essential aspects of educational finance include changes in - |
A. | targets and policies |
B. | procedures |
C. | administration |
D. | all the above |
Answer» D. all the above |
184. |
Some of the main problems faced in financing education are – |
A. | expanding educational facilities |
B. | expanding educational services |
C. | lack of priorities |
D. | all the above |
Answer» D. all the above |
185. |
Which is a major factor affecting financial allocations? |
A. | Unequal distribution of wealth |
B. | Population mobility |
C. | Constitutional Provisions |
D. | Low level of national income |
Answer» C. Constitutional Provisions |
186. |
The main elements of traditional approach to financial management are - |
A. | Institutional sources of finance |
B. | Issue of financial devices to collect refunds from capital market |
C. | Accounting and legal relationship between source of finance and business |
D. | all the above |
Answer» D. all the above |
187. |
The main elements of modern approach to financial management are - |
A. | evaluation of alternative fund utilization |
B. | capital budgeting |
C. | financial planning |
D. | all the above |
Answer» D. all the above |
188. |
The critical decisions to be taken under modern approach to financial management are - |
A. | investment decision |
B. | financing decision |
C. | dividend decision |
D. | all the above |
Answer» D. all the above |
189. |
Which is a function of financial management? |
A. | tax planning |
B. | management of provident funds |
C. | securities and social insurance funds |
D. | all the above |
Answer» D. all the above |
190. |
Which is not a scope of financial management? |
A. | financial investment |
B. | financial control |
C. | financial supervision |
D. | financial planning |
Answer» A. financial investment |
191. |
The nature of financial management is concerned with - |
A. | functions and goals of the institution |
B. | procedural aspects |
C. | relation with other subsystems |
D. | all the above |
Answer» D. all the above |
192. |
Financial management essentially involves - |
A. | risk-return trade off |
B. | types of assets |
C. | investment decisions |
D. | all the above |
Answer» D. all the above |
193. |
Financial management affects the - |
A. | survival of the firm |
B. | growth of the firm |
C. | vitality of the firm |
D. | survival, growth and vitality of the firm |
Answer» D. survival, growth and vitality of the firm |
194. |
Financial management is needed due to – |
A. | acquisition and proper use of funds |
B. | improve profitability |
C. | increase value of the firm/institution |
D. | all the above |
Answer» D. all the above |
195. |
Proper allocation and utilization of funds leads to - |
A. | improvement of operational efficiency |
B. | improvement of profitability |
C. | increase value of the firm/institution |
D. | all the above |
Answer» D. all the above |
196. |
Improving profitability depends on - |
A. | promoting savings |
B. | proper and effective use of funds |
C. | increasing value of the firm |
D. | acquisition of funds |
Answer» B. proper and effective use of funds |
197. |
The ultimate aim of any business concern is - |
A. | increase the wealth of the investors |
B. | maximize the wealth of the firm |
C. | increase the value of the firm |
D. | optimize the profit of the firm |
Answer» C. increase the value of the firm |
198. |
Acquisition of funds is determined by certain features such as - |
A. | philosophy of the institute |
B. | vision and goals of the institute |
C. | competitive environment |
D. | all the above |
Answer» D. all the above |
199. |
Factors affecting allotment of funds include - |
A. | availability of funds |
B. | needs of various departments or services |
C. | nature of activity undertaken |
D. | all the above |
Answer» D. all the above |
200. |
Other sources of getting money to finance education include - |
A. | donations, bequests and gifts |
B. | interests on bank balances and securities |
C. | rent from buildings |
D. | all the above |
Answer» D. all the above |
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