Financial Management aims at 'Wealth Maximization', which means maximizing: MCQ with Answer and Explanation

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Financial Management aims at 'Wealth Maximization', which means maximizing:

A. Net profit after tax

B. Book value of assets

C. Sales volume

D. Market value per share

Answer: Option D

Solution (By JKSSB Mock Tests)

Wealth maximization implies increasing the net present value of the firm, reflected in the increased market price of its equity shares.

This question belongs to: Accountancy and Statistics Accountancy and Book Keeping

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Question #1

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S1: SEBI regulates the primary and secondary capital markets in India. S2: SEBI was established by a legislative act of Parliament. Which statement(s) is/are correct?

A. S2 only

B. Neither S1 nor S2

C. S1 only

D. Both S1 and S2

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Correct Answer: Option D

Explanation:
SEBI regulates both primary (new issues) and secondary (trading) markets to protect investors. It was initially established in 1988 and later given statutory powers through the SEBI Act, 1992. Both statements are correct.

This question belongs to: Accountancy and Statistics Accountancy and Book Keeping