Find Interview Questions for Quantum Phinance

Right Answer:
The techniques available for evaluation of capital expenditure proposals include:

1. Net Present Value (NPV)
2. Internal Rate of Return (IRR)
3. Payback Period
4. Profitability Index (PI)
5. Discounted Payback Period
6. Accounting Rate of Return (ARR)

Right Answer:
The sources used for financing temporary requirements of working capital include:

1. Bank overdrafts
2. Short-term loans
3. Trade credit
4. Commercial paper
5. Factoring
6. Lines of credit

Right Answer:
Sources of funds are categorized as inflows, such as new loans, equity financing, or sales revenue, while applications of funds are categorized as outflows, such as loan repayments, asset purchases, or operating expenses.

Right Answer:
Credit rating is an assessment of the creditworthiness of an individual, company, or government, indicating their ability to repay borrowed money.

Main features include:
1. **Rating Scale**: Ratings are typically expressed in letter grades (e.g., AAA, AA, A, etc.).
2. **Risk Assessment**: It evaluates the likelihood of default on debt obligations.
3. **Independent Evaluation**: Conducted by credit rating agencies.
4. **Impact on Borrowing Costs**: Higher ratings usually lead to lower interest rates on loans.
5. **Periodic Review**: Ratings can change based on financial performance and market conditions.

Right Answer:
The factors considered for the final selection of an avenue for investing cash balance include:

1. Liquidity needs
2. Risk tolerance
3. Investment horizon
4. Expected return
5. Market conditions
6. Tax implications
7. Diversification opportunities
8. Regulatory constraints

Right Answer:
A trigger is a special type of stored procedure in a database that automatically executes or fires in response to certain events on a particular table or view, such as insertions, updates, or deletions.

Right Answer:
Taxation is the process by which governments collect money from individuals and businesses to fund public services and infrastructure. Taxes can be levied on income, property, sales, and various transactions. The primary uses of tax revenue include funding education, healthcare, transportation, defense, and social services, as well as maintaining public order and supporting economic stability.

Right Answer:
C & F forms refer to "Consignment and Freight" forms used in India for the movement of goods. The C form is issued by a buyer to a seller for purchasing goods at a concessional rate of tax, while the F form is used to claim the tax exemption on inter-state sales of goods.

Right Answer:
The TOT rate, or Turnover Tax rate, is a tax applied to the total revenue of a business, typically used for small businesses and self-employed individuals. The specific rate can vary by jurisdiction.

Right Answer:
Export is higher than import in India due to strong demand for Indian goods and services in international markets, competitive pricing, and government initiatives promoting exports.

Right Answer:
The TDS rate for subcontractors is generally 1% for individuals and Hindu Undivided Families (HUF), and 2% for others, as per the Income Tax Act in India.