Top 350+ Solved Educational Planning and Management MCQ Questions Answer
Q. “Financial Management is concerned with the efficient use of an important economicresource, namely, capital funds”. Who said this?
a. Weston Brigham
b. Howard & Upton
c. Solomon
d. Taylor
Q. “Financial Management is concerned with the procurement of funds and their effectiveutilization in business”. Who said this?
a. SC Kuchhal
b. S.N Maheshwari
c. S.K Mangal
d. Choudhury
Q. “Financial Management is concerned with raising finances and their effective utilizationtowards achieving organisational goals”. Who said this?
a. SC Kuchhal
b. S.N Maheshwari
c. S.K Mangal
d. Choudhury
Q. Educational needs are related to the -
a. size of the population
b. social change
c. economic and political development
d. all the above
Q. Sound financial planning includes –
a. decisions about revenue, cost and economy
b. budget administration
c. financial relationships among various agencies
d. all the above
Q. 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
Q. 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
Q. 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
Q. Sums of money where the principles are maintained intact and only the income from theinterest on the principal are consumed is called -
a. Land grants
b. Bequests
c. Endowments
d. Philantropic trust
Q. The essential aspects of educational finance include changes in -
a. targets and policies
b. procedures
c. administration
d. all the above
Q. 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
Q. 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
Q. 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
Q. 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