Multiple Choice Questions on The primary goal of the financial management is ........ for RBI Grade B Exam Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    The primary goal of the financial management is ____________.

    to maximize the return

    Incorrect Answer

    to minimize the risk

    Incorrect Answer

    to maximize the wealth of owners

    Correct Answer

    to maximize profit

    Incorrect Answer

    None of the above

    Incorrect Answer
    Explanation:

    The primary goal of the financial management is to maximize the wealth of owners. All businesses aim to maximize their profits, minimize their expenses and maximize their market share.


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