JAIIB Paper 3: Accounting & Financial Management for Bankers (AFM)

Q: According to Indian Accounting Standard (Ind AS) 7, cash flows arising from obtaining or repaying bank loans and issuing share capital are classified as:

Correct Answer: Option C (Financing Activities). Financing activities are activities that result in changes in the size and composition of the contributed equity and borrowings of the entity, such as issue of equity, redemption of debentures, and bank loan borrowings/repayments.

1 Questions (Mod B) 4 Modules

Practice JAIIB Paper 3: Accounting & Financial Management for Bankers (AFM) - Module B (Financial Statements and Core Banking Systems) multiple choice questions with detailed step-by-step explanations.

Quick Mode: Module Tiles Timed Mock Test

B Active Module 1 Questions