Great 👍 Here’s a Top 100 Accounting for Managers (MBA Subject) Questions with Short Answers —
simple, crisp, and exam/interview friendly:
Basics of Accounting
1. What is accounting?
→ Systematic recording, classifying, and summarizing of financial transactions.
2. What are the objectives of accounting?
→ Record transactions, ascertain profit/loss, show financial position.
3. Who are users of accounting information?
→ Internal (managers, employees) & External (investors, creditors, govt).
4. What are branches of accounting?
→ Financial, Cost, Management, Tax.
5. What is financial accounting?
→ Recording and reporting of financial transactions.
6. What is management accounting?
→ Providing information for managerial decision-making.
7. What is cost accounting?
→ Recording & controlling costs of production.
8. What is bookkeeping?
→ Recording day-to-day transactions.
9. What is double-entry system?
→ Every transaction has dual effect (Debit & Credit).
10. What are accounting concepts?
→ Going concern, Accrual, Consistency, Prudence, Business entity.
Financial Statements
11. What are financial statements?
→ Balance Sheet, Income Statement, Cash Flow.
12. What is balance sheet?
→ Statement of assets, liabilities, equity on a date.
13. What is income statement?
→ Statement showing profit or loss of a period.
14. What is cash flow statement?
→ Shows inflows and outflows of cash.
15. What is profit & loss account?
→ Records revenue & expenses to find net profit.
16. What is trial balance?
→ List of all balances to check accuracy.
17. What are assets?
→ Resources owned (current & fixed).
18. What are liabilities?
→ Obligations to outsiders.
19. What is owner’s equity?
→ Owner’s claim = Assets – Liabilities.
20. What are current assets?
→ Cash, receivables, inventory (convertible within 1 year).
Accounting Entries
21. What is journal?
→ Book of original entry.
22. What is ledger?
→ Book of accounts (classified transactions).
23. What is debit?
→ Increase in assets/expenses.
24. What is credit?
→ Increase in liabilities/income.
25. Golden rules of accounting?
→ Personal A/c: Debit receiver, Credit giver.
→ Real A/c: Debit what comes in, Credit what goes out.
→ Nominal A/c: Debit expenses, Credit incomes.
26. What is contra entry?
→ Both debit & credit in same account (e.g., cash deposited in bank).
27. What is rectification entry?
→ Entry to correct an error.
28. What is provision?
→ Estimate for future liability/loss.
29. What is reserve?
→ Profits set aside for future.
30. What is depreciation?
→ Reduction in value of assets due to use.
Depreciation & Inventory
31. Methods of depreciation?
→ Straight-line, Diminishing balance, Units of production.
32. What is amortization?
→ Gradual write-off of intangible assets.
33. What is depletion?
→ Allocation of natural resource cost.
34. What is inventory?
→ Raw materials, WIP, finished goods.
35. Inventory valuation methods?
→ FIFO, LIFO, Weighted Average.
36. What is FIFO?
→ First In, First Out.
37. What is LIFO?
→ Last In, First Out.
38. What is weighted average method?
→ Cost based on average price of units.
39. What is stock turnover ratio?
→ Cost of Goods Sold ÷ Avg. Inventory.
40. What is cost of goods sold (COGS)?
→ Opening stock + Purchases – Closing stock.
Ratios & Analysis
41. What are financial ratios?
→ Tools for analyzing financial statements.
42. Liquidity ratios?
→ Current ratio, Quick ratio.
43. Profitability ratios?
→ Gross margin, Net margin, ROA, ROE.
44. Leverage ratios?
→ Debt-Equity ratio, Interest coverage.
45. Activity ratios?
→ Inventory turnover, Debtors turnover.
46. What is DuPont analysis?
→ Breaks ROE into Profitability, Efficiency, Leverage.
47. What is EPS?
→ Earnings per share = Net profit ÷ Shares outstanding.
48. What is P/E ratio?
→ Price per share ÷ EPS.
49. What is dividend payout ratio?
→ Dividend ÷ Net income.
50. What is book value per share?
→ (Equity – Preference Capital) ÷ No. of Equity Shares.
Cost & Management Accounting
51. What is marginal costing?
→ Analyzing cost behavior (Variable vs Fixed).
52. What is absorption costing?
→ Allocating all costs (fixed & variable) to product.
53. What is standard costing?
→ Predetermined cost vs actual cost analysis.
54. What is variance analysis?
→ Finding difference between standard & actual cost.
55. What is break-even point?
→ Sales where profit = 0.
56. What is contribution margin?
→ Sales – Variable cost.
57. What is CVP analysis?
→ Cost-Volume-Profit analysis.
58. What is responsibility accounting?
→ Assigning responsibility to managers for costs/revenues.
59. What is transfer pricing?
→ Price charged between divisions of a company.
60. What is budgetary control?
→ Comparing actual results with budget.
Budgeting
61. What is budget?
→ Financial plan for future.
62. Types of budgets?
→ Sales, Production, Cash, Flexible, Zero-based.
63. What is master budget?
→ Consolidated budget of organization.
64. What is flexible budget?
→ Adjusts with activity level changes.
65. What is zero-based budgeting (ZBB)?
→ Every expense must be justified from zero.
66. What is cash budget?
→ Plan for cash inflows/outflows.
67. What is capital budget?
→ Long-term investment planning.
68. What is operating budget?
→ Daily operation expenses & revenues.
69. What is rolling budget?
→ Continuously updated budget.
70. What is performance budget?
→ Based on functions/activities performance.
Auditing & Standards
71. What is auditing?
→ Examination of financial records.
72. Objectives of auditing?
→ Ensure accuracy, detect fraud, compliance.
73. Types of audit?
→ Internal, Statutory, Cost, Management.
74. What is internal audit?
→ Conducted by company’s staff.
75. What is statutory audit?
→ Legally required external audit.
76. What are IFRS?
→ International Financial Reporting Standards.
77. What are GAAP?
→ Generally Accepted Accounting Principles.
78. What is AS (Accounting Standard)?
→ Guidelines issued by ICAI in India.
79. What is Ind-AS?
→ Indian Accounting Standards (converged with IFRS).
80. What is forensic accounting?
→ Investigative accounting for fraud detection.
Advanced Topics
81. What is working capital?
→ Current Assets – Current Liabilities.
82. What is leverage?
→ Use of debt to increase returns.
83. What is financial statement analysis?
→ Interpretation of financial reports.
84. What is fund flow statement?
→ Changes in financial position (long-term).
85. What is cash flow statement?
→ Sources & uses of cash (Operating, Investing, Financing).
86. What is goodwill?
→ Intangible asset = reputation, brand value.
87. What is intangible asset?
→ Non-physical asset (patent, copyright).
88. What is contingent liability?
→ Possible liability depending on future events.
89. What is accrual basis of accounting?
→ Records revenues/expenses when earned/incurred.
90. What is cash basis of accounting?
→ Records revenues/expenses when cash is received/paid.
Managerial Decision-making
91. What is make-or-buy decision?
→ Whether to produce internally or purchase outside.
92. What is shut-down point?
→ Level where revenue = variable costs.
93. What is relevant costing?
→ Costs that affect a decision.
94. What is sunk cost?
→ Past cost, irrelevant for decisions.
95. What is differential cost?
→ Difference between alternatives.
96. What is opportunity cost?
→ Benefit lost by choosing one option over another.
97. What is capital structure?
→ Mix of debt and equity financing.
98. What is ROI?
→ Return on Investment = Profit ÷ Investment.
99. What is EVA (Economic Value Added)?
→ Net Operating Profit – Cost of Capital.
100. What is balanced scorecard?
→ Performance measurement tool (financial & non-financial).
Perfect 👍 You want a Top 100 “Financial Management” MBA Subject Questions & Short Answers in a
crisp, exam + interview-ready style.
Here’s the complete list:
Top 100 Financial Management – MBA Q&A (Short)
1. Basics of Financial Management
1. What is financial management? → Planning, organizing & controlling financial resources.
2. Objectives? → Wealth maximization, profit maximization, liquidity, safety.
3. Finance function? → Investment, financing, dividend decisions.
4. Role of a financial manager? → Capital raising, allocation, risk management.
5. Scope? → Capital budgeting, working capital, dividend policy, risk-return.
6. Time value of money? → ₹1 today > ₹1 tomorrow.
7. Present value? → Discounted future cash flow.
8. Future value? → Compounded present value.
9. Annuity? → Equal payments at intervals.
10. Perpetuity? → Infinite equal payments.
2. Capital Budgeting
11. Capital budgeting? → Evaluation of long-term investments.
12. Techniques? → Payback, ARR, NPV, IRR, PI.
13. NPV? → PV inflows – PV outflows.
14. IRR? → Discount rate making NPV = 0.
15. PI? → PV inflows ÷ PV outflows.
16. Payback period? → Time to recover cost.
17. Discounted payback? → Time to recover at PV.
18. ARR? → Avg. profit ÷ Investment.
19. Risk in capital budgeting? → Business, financial, economic risk.
20. Capital rationing? → Limited fund allocation.
3. Cost of Capital
21. Cost of capital? → Minimum return expected by investors.
22. Components? → Debt, equity, preference, retained earnings.
23. WACC? → Weighted average cost of capital.
24. Cost of equity? → Return expected by shareholders.
25. Dividend discount model? → Ke = (D1/ P0) + g.
26. CAPM? → Ke = Rf + β(Rm – Rf).
27. Cost of debt? → Interest (1 – tax).
28. Cost of preference? → Dividend ÷ Net proceeds.
29. Marginal cost of capital? → Cost of additional funds.
30. Importance? → Basis for investment & financing.
4. Capital Structure
31. Capital structure? → Mix of debt & equity.
32. Optimum structure? → Debt-equity balance for max value.
33. Factors? → Risk, cost, control, flexibility.
34. Leverage? → Use of fixed cost securities.
35. Financial leverage? → Debt impact on EPS.
36. Operating leverage? → Fixed cost impact on EBIT.
37. Combined leverage? → OL × FL.
38. MM theory (no tax)? → Irrelevant of structure.
39. MM theory (with tax)? → Value ↑ with debt.
40. Net income approach? → More debt → higher value.
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5. Dividend Policy
41. Dividend policy? → Earnings distribution decision.
42. Factors? → Earnings, liquidity, growth, control.
43. Walter’s model? → Relevance, depends on r vs Ke.
44. Gordon’s model? → Value depends on dividend.
45. MM irrelevance theory? → Dividend doesn’t affect value.
46. Stable dividend? → Constant payout.
47. Residual dividend? → After investment needs.
48. Bonus share? → Share issued free to shareholders.
49. Stock split? → Division of share face value.
50. Share buyback? → Company repurchases its shares.
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6. Working Capital Management
51. Working capital? → CA – CL.
52. Types? → Permanent & temporary.
53. Determinants? → Nature, credit policy, cycle.
54. Operating cycle? → Time from purchase to cash collection.
55. Cash management? → Maintain liquidity.
56. Cash budget? → Estimate of inflow/outflow.
57. Baumol model? → Cash management like EOQ.
58. Miller-Orr model? → Cash balance fluctuation.
59. Receivables management? → Credit sales monitoring.
60. Inventory management? → EOQ, ABC, JIT.
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7. Risk & Return
61. Risk? → Uncertainty in returns.
62. Systematic risk? → Market-related (non-diversifiable).
63. Unsystematic risk? → Company-specific (diversifiable).
64. Beta? → Measure of systematic risk.
65. Portfolio? → Collection of investments.
66. Diversification? → Reduce risk by variety.
67. Portfolio return? → Weighted avg. of returns.
68. Portfolio risk? → Depends on correlation.
69. Efficient frontier? → Best risk-return combinations.
70. Sharpe ratio? → (Rp – Rf) ÷ σp.
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8. Financing Decisions
71. Sources of finance? → Equity, debt, preference, retained earnings.
72. Short-term sources? → Bank credit, commercial paper.
73. Long-term sources? → Debentures, equity, term loans.
74. Leasing? → Hire use of assets.
75. Hire purchase? → Installment payment ownership.
76. Venture capital? → Equity for startups.
77. Private equity? → Equity in mature firms.
78. IPO? → First-time public issue.
79. FPO? → Follow-up public issue.
80. ADR/GDR? → Depository receipts for global markets.
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9. International Financial Management
81. Foreign exchange risk? → Loss due to currency movement.
82. Hedging? → Protect against forex risk.
83. Forward contract? → Future fixed exchange deal.
84. Futures? → Standardized exchange contract.
85. Options? → Right to buy/sell currency.
86. Swap? → Exchange cash flows.
87. Interest rate parity? → Link between interest & forex rates.
88. Purchasing power parity? → Inflation vs exchange rates.
89. Multinational capital budgeting? → Investment abroad decisions.
90. Transfer pricing? → Pricing between MNC units.
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10. Emerging Areas in Finance
91. EVA? → Economic Value Added.
92. MVA? → Market Value Added.
93. Balanced scorecard? → Financial + non-financial metrics.
94. Corporate governance? → Transparency & ethics in finance.
95. Financial inclusion? → Affordable financial services.
96. FinTech? → Tech in finance (UPI, digital wallets).
97. Behavioral finance? → Psychology in financial decisions.
98. Derivatives? → Contracts based on underlying assets.
99. Real options? → Flexibility in investment projects.
100. Sustainable finance? → Investments with ESG focus.
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✅ This is a compact 100 Q&A guide for MBA Financial Management → useful for exams, viva, and
interviews.
Do you want me to also prepare a revision PDF with charts (NPV vs IRR, leverage diagram, working
capital cycle) for quicker last-minute prep?
Perfect 👍 Here’s a compact list of Top 100 Cost & Management Accounting Questions with Short
Answers for MBA students.
Top 100 Cost & Management Accounting – Q&A (MBA)
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1. Basics of Cost Accounting
1. What is cost accounting? → Recording, classifying & analyzing costs.
2. Objective? → Cost control, decision-making.
3. Cost vs Expense? → Cost = resource used, Expense = expired cost.
4. Cost vs Financial accounting? → Cost = internal, Financial = external reporting.
5. Elements of cost? → Material, labour, overhead.
6. Direct cost? → Traceable to product (e.g., raw material).
7. Indirect cost? → Not directly traceable (e.g., factory rent).
8. Fixed cost? → Remains constant (e.g., rent).
9. Variable cost? → Changes with output (e.g., raw material).
10. Semi-variable cost? → Fixed + variable (e.g., electricity).
2. Costing Methods
11. Job costing? → Cost per job/project.
12. Batch costing? → Cost per batch.
13. Process costing? → Continuous production costing.
14. Contract costing? → Long-term project costing.
15. Service costing? → Cost for services (e.g., transport, hospitals).
16. Marginal costing? → Costs based on variable elements.
17. Standard costing? → Pre-determined costs used as benchmarks.
18. Absorption costing? → All costs (fixed+variable) absorbed.
19. Activity-Based Costing (ABC)? → Allocates overheads based on activities.
20. Target costing? → Setting cost to meet competitive price.
3. Material Cost Control
21. EOQ? → Economic Order Quantity (optimum purchase qty).
22. Perpetual inventory system? → Continuous stock records.
23. Bin card? → Record of material movement.
24. Stores ledger? → Accounting record of materials.
25. ABC analysis? → Categorizing inventory (A=high value, C=low value).
26. Just-in-time (JIT)? → Buy/produce only when needed.
27. Stock levels? → Min, max, reorder level.
28. Material turnover ratio? → COGS ÷ Average stock.
29. Wastage? → Unavoidable material loss.
30. Scrap? → Residual value waste.
4. Labour Cost Control
31. Time wage system? → Pay per hour.
32. Piece wage system? → Pay per unit.
33. Halsey plan? → Incentive plan (time saved × %).
34. Rowan plan? → Bonus linked to time saved.
35. Labour turnover? → Rate of employees leaving.
36. Idle time? → Non-productive paid hours.
37. Overtime? → Extra hours beyond normal.
38. Fringe benefits? → Non-cash benefits (insurance, bonus).
39. Labour productivity ratio? → Output ÷ Input hours.
40. Job evaluation? → Assessing relative worth of jobs.
5. Overheads
41. What are overheads? → Indirect costs.
42. Factory overheads? → Indirect production costs.
43. Administrative overheads? → Office expenses.
44. Selling overheads? → Marketing, sales expenses.
45. Distribution overheads? → Delivery costs.
46. Overhead absorption? → Allocating overheads to cost units.
47. Basis of absorption? → Direct labour hrs, machine hrs.
48. Over-absorption? → Absorbed > actual.
49. Under-absorption? → Absorbed < actual.
50. Departmentalization? → Dividing overheads by departments.
6. Marginal Costing & CVP Analysis
51. Marginal cost? → Variable cost per unit.
52. Contribution? → Sales – Variable cost.
53. P/V ratio? → Contribution ÷ Sales × 100.
54. Break-even point (BEP)? → Fixed cost ÷ Contribution per unit.
55. Margin of safety? → Actual sales – BEP sales.
56. Angle of incidence? → Angle where sales > BEP.
57. Shut-down point? → Sales = Variable cost.
58. Operating leverage? → Degree of fixed costs.
59. Contribution margin? → Contribution ÷ Sales.
60. Decision areas? → Make/buy, product mix, pricing.
7. Budgeting & Budgetary Control
61. What is budget? → Future financial plan
62. Master budget? → Overall budget.
63. Functional budget? → Dept-wise budget.
64. Flexible budget? → Adjusts with activity levels.
65. Cash budget? → Cash inflow & outflow plan.
66. Capital budget? → Long-term investment plan.
67. Zero-based budgeting (ZBB)? → Start from zero every period.
68. Rolling budget? → Updated continuously.
69. Performance budgeting? → Linked to results.
70. Variance analysis? → Difference between actual & standard.
8. Standard Costing
71. Standard costing? → Predetermined cost as benchmark.
72. Variance? → Difference between standard & actual.
73. Material variance? → Price variance + usage variance.
74. Labour variance? → Rate variance + efficiency variance.
75. Overhead variance? → Spending variance + efficiency variance.
76. Sales variance? → Price + volume effect.
77. Direct material price variance? → (SP – AP) × Qty.
78. Direct material usage variance? → (SQ – AQ) × SP.
79. Direct labour efficiency variance? → (SH – AH) × SR.
80. Direct labour rate variance? → (SR – AR) × AH.
9. Responsibility Accounting
81. What is responsibility accounting? → Assigning accountability to managers.
82. Cost center? → Unit controlling costs.
83. Profit center? → Unit responsible for profit.
84. Investment center? → Controls assets & returns.
85. Responsibility reporting? → Reports for each center.
86. Performance measurement? → ROI, residual income.
87. Transfer pricing? → Internal pricing between units.
88. Balanced scorecard? → Performance via multiple dimensions.
89. Decentralization? → Delegation of decision-making.
90. Controllability principle? → Only hold managers accountable for controllable costs.
10. Advanced Concepts
91. Life cycle costing? → Costs across product life cycle.
92. Kaizen costing? → Continuous cost reduction.
93. Lean accounting? → Supports lean manufacturing.
94. Throughput accounting? → Focus on bottlenecks.
95. Value chain analysis? → Analyzing cost activities for efficiency.
96. Cost audit? → Verification of cost accounts.
97. Differential costing? → Cost differences for decision-making.
98. Opportunity cost? → Cost of foregone alternative.
99. Relevant cost? → Future costs affecting decisions.
100. Management accounting role? → Planning, control, decision support.
✅ This 100 Q&A list is concise → great for MBA exams, viva, and quick revision.
Would you like me to also prepare a comparison chart (Cost vs Management vs Financial Accounting) for
easy last-minute prep?
📘 Fundamentals of FinTech – Top 100 Q&A (MBA 2nd Sem)
🔹 Part 1: Basics of FinTech
1. What is FinTech?
Use of digital technology (apps, AI, blockchain, cloud) to deliver financial services faster, cheaper, and
easier.
2. Evolution of FinTech?
1.0: Telegraph & early payments (1860s).
2.0: Credit cards, ATMs, online banking.
3.0: Mobile apps, blockchain, AI.
3.5: Financial inclusion via mobile (M-Pesa, UPI).
3. Growth drivers of FinTech?
Smartphones, internet, digital ID (Aadhaar), low-cost transactions, VC funding, regulatory push.
4. Types of FinTech services?
Payments, Lending (P2P, BNPL), WealthTech (investing apps), InsurTech, RegTech, Blockchain/DeFi.
5. What are digital payments?
Electronic transfer of funds via apps, QR, NFC, or UPI with instant settlement & encryption.
6. P2P lending?
Borrowers & lenders connected online, no bank in between. Lower cost, faster, but riskier.
7. Crowdfunding?
Raising funds online from many small contributors (donation, reward, debt, or equity models).
8. Blockchain?
Decentralized ledger storing tamper-proof transactions. Transparent & secure.
9. Smart contracts?
Code on blockchain that runs automatically when conditions are met (e.g., auto-insurance claim).
10. Cryptocurrency?
Digital money secured by cryptography & blockchain. Examples: Bitcoin, Ethereum, Stablecoins.
🔹 Part 2: Technologies & Applications
11. What is DeFi?
Decentralized Finance – lending, borrowing, trading via blockchain & smart contracts without banks.
12. AI in FinTech?
Used for fraud detection, credit scoring, robo-advisory, chatbots, and personalized services.
13. Big Data role?
Analyzing massive customer data for fraud detection, customer profiling, and risk management.
14. What is RegTech?
Tech that automates compliance (KYC, AML monitoring, reporting). Example: e-KYC.
15. What is InsurTech?
Digital insurance using AI claims, IoT, micro-policies. Example: PolicyBazaar.
16. Open Banking?
Banks share customer data securely with third-party apps via APIs (with consent).
17. Financial inclusion through FinTech?
Mobile wallets, microloans, UPI, Aadhaar-enabled payments help rural & unbanked access finance.
18. Challenges in adoption?
Low literacy, poor connectivity, regulatory gaps, cyber fraud, lack of trust.
19. Banks’ response to FinTech?
Partnerships, launching digital-only banks, investing in AI & apps.
20. Business models of FinTech startups?
Transaction fees, subscription, lending spread, freemium model, data monetization.
🔹 Part 3: Concepts & Innovations
21. What is Banking-as-a-Service (BaaS)?
APIs allow non-banks to offer banking functions using banks’ infrastructure.
22. Embedded Finance?
Finance integrated into non-financial apps (e.g., loans in e-commerce apps).
23. Digital identity?
Electronic ID (like Aadhaar, e-KYC) for secure authentication.
24. Data issues in FinTech?
Privacy, consent, cyber attacks, and misuse of personal info.
25. Regulatory challenges?
Licensing, AML/KYC compliance, crypto regulations, cross-border laws.
26. What is KYC?
Know Your Customer – process to verify user identity (digital/e-KYC makes it faster).
27. AML in FinTech?
Anti-Money Laundering systems use AI to detect suspicious transactions.
28. Cyber risks?
Fraud, phishing, hacking; mitigated with encryption, 2FA, biometrics.
29. Credit risk in FinTech?
New scoring models use alternative data, but defaults & NPAs are still concerns.
30. Insurance & FinTech link?
Tech enables micro-insurance, usage-based policies, AI-driven claim settlement.
🔹 Part 4: Case Studies & Markets
31. Examples of successful FinTech?
Paytm, PhonePe (India), M-Pesa (Kenya), Square (USA).
32. Regulation: India vs world?
India: UPI, Aadhaar, cautious on crypto. EU: PSD2. USA: Market-driven.
33. What are Neo-banks?
Digital-only banks without branches, offering low-cost services via apps.
34. Digital wallets?
Store payment info (Paytm, Google Pay). Uses tokenization & encryption.
35. Cross-border payments in FinTech?
Faster, cheaper transfers using blockchain or specialized rails (Ripple).
36. Role of APIs?
Enable secure sharing of data & services between banks & apps.
37. Cloud computing in FinTech?
Scalable infrastructure, cost savings, faster innovation.
38. What is Tokenization?
Sensitive data replaced by secure tokens in digital transactions.
39. UX importance?
Smooth interface builds trust, improves adoption & retention.
40. Risk management in FinTech?
Identify/manage credit, compliance, and cyber risks with analytics.
🔹 Part 5: Business & Finance
41. KPIs for FinTech?
CAC, LTV, active users, transaction value, churn rate.
42. Financial modeling in startups?
Revenue projections, cost analysis, break-even point.
43. NPAs in digital lending?
High defaults due to easy credit; managed via AI monitoring.
44. Alternative data in credit?
Using phone bills, utility payments, and social media for scoring.
45. Marketplace vs P2P lending?
Marketplace = banks + individuals; P2P = only individuals.
46. Robo-advisors?
AI-powered investment advisors giving automated portfolio suggestions.
47. BNPL (Buy Now Pay Later)?
Short-term digital credit at checkout (e-commerce).
48. Central Bank Digital Currency (CBDC)?
Government-issued digital version of fiat money.
49. Stablecoins?
Cryptocurrencies backed by stable assets (USD, gold).
50. Sandbox regulation?
Test new FinTech products under regulator’s supervision.
👉 I have covered Q1–50 here.
Do you want me to continue with Q51–Q100 in the same short + detailed exam-ready style?