Correct Answer: Facilitating trading of securities

Solution : The correct answer is (c) Facilitating trading of securities

The primary function of a stock exchange is to facilitate the trading of securities. Stock exchanges provide a marketplace where buyers and sellers can come together to buy and sell shares, bonds, and other financial instruments. They offer a platform for transactions to occur in a regulated and transparent manner, ensuring fair pricing and efficient execution of trades. The stock exchange acts as an intermediary that helps in matching buy and sell orders, providing liquidity, and maintaining an organized and efficient market for securities trading.

Correct Answer: Statement 1 is true, and statement 2 is false.
   

Solution : The correct answer is (a) Statement 1 is true, and statement 2 is false.

This statement is true. One of the key goals of financial planning is to ensure that a business has the resources it needs to operate and grow. This involves allocating funds to different business activities.

This statement is false. Financial planning should always consider a business's long-term goals. This is because financial decisions today will have a significant impact on the business's ability to achieve its long-term goals in the future.

Correct Answer: Commercial success, innovation, adaptability

Solution : The correct choice is the third option.

The first line of the passage mentioned explicitly some examples such as commercial success, innovation, adaptability, drive, vision, etc. that have led India to acquire material wealth, which makes the third option the appropriate choice for the question.

Correct Answer: Setting objectives

Solution : The correct answer is (c) Setting objectives.

Setting objectives is the initial step in the planning process. It involves defining specific, measurable, achievable, relevant, and time-bound (SMART) goals that the organization or individual wants to achieve. Objectives provide a clear direction and purpose for the planning process and serve as a guide for subsequent planning activities.

Correct Answer: Equity shares

Solution : The correct answer is (c) Equity shares

Equity shares represent ownership in a company and provide ownership rights and claims on the company's assets and earnings. When a company issues equity shares, it is essentially selling ownership stakes to investors, allowing them to become shareholders and participate in the company's growth and success. This is a common way for companies to raise funds for their operations, expansions, or other financial needs.

Correct Answer: Planning and controlling are simultaneous processes.

Solution : The correct answer is (d) Planning and controlling are simultaneous processes.

Planning and controlling are two essential functions of management that go hand in hand. They are interrelated and occur simultaneously in the management process. Planning involves setting goals, identifying actions and strategies to achieve those goals, and creating a roadmap for how to proceed. It is the process of determining what needs to be done, when, how, and by whom. Planning provides a framework for decision-making and resource allocation.

Controlling, on the other hand, involves monitoring the actual performance of activities and comparing it against the planned goals. It involves measuring, evaluating, and taking corrective actions to ensure that the planned objectives are being achieved. Controlling helps to ensure that the plans are implemented effectively and efficiently.

Correct Answer: Initiative

Solution : Initiative refers to encouraging staff members to be proactive and take the initiative in their work. This principle is crucial for planning since it motivates staff to develop fresh concepts and strategies to increase effectiveness and productivity at work.

Hence, Option D is correct.

Correct Answer: Mergers and acquisitions

Solution : The correct answer is (c) Mergers and acquisitions

MNO Inc.'s interest in acquiring other companies to diversify its business involves the market activity of mergers and acquisitions (M&A). Mergers and acquisitions refer to the process of combining two or more companies or business entities, typically with the aim of enhancing growth, market share, synergy, or diversification. Mergers and acquisitions play a crucial role in corporate strategy and growth, allowing companies like MNO Inc. to expand into new markets, enter new industries, acquire valuable assets, and achieve strategic objectives.

Correct Answer: Proactive monitoring and evaluation

Solution : The correct answer is (c) Proactive monitoring and evaluation.

Systematic planning and control in scientific management involves carefully designing and implementing plans, procedures, and control mechanisms to ensure that work is carried out efficiently and effectively. It emphasizes proactive monitoring and evaluation of work processes to identify areas for improvement, track progress, and make necessary adjustments. This feature involves setting performance standards, measuring performance against those standards, and continuously monitoring and evaluating performance to ensure that goals and targets are being met.

Correct Answer: The company has the option to buy back the shares

Solution : The correct answer is (c) The company has the option to buy back the shares

Redeemable preference shares are those that the issuing company has the option to buy back or redeem after a certain period, as specified in the terms of the share issue. This provides the company with flexibility in managing its capital structure and financial obligations. It does not involve converting shares into debentures, granting voting rights to preference shareholders , or guaranteeing fixed dividends.