The main objective of financial management is:

Question

Match List-I with List-II

List-I (Types of Budget)	List-II (Explanation)
(A) Revenue and Expense Budget	(I) Budget that reflects the anticipated income from the sales of products and controlling services
(B) Programme Budgeting	(II) Budget to provide a systematic method for allocating the resources in ways most effective to meet the goals
(C) Zero-based Budgeting	(III) Budget that divide enterprise programmes into "packages" and then calculate costs for each package from the bottom up
(D) Variable or Flexible Budgeting	(IV) Budget that adjusts targeted levels of costs for changes in volume

Answer 1

Step 1: Eliminate the distractors first:
Compare the two classic candidates directly: profit maximisation is short-term and risk-blind, wealth maximisation is long-term and risk-adjusted — modern financial management explicitly prefers the latter as its guiding objective.

Final Answer:
Wealth maximisation

The main objective of financial management is:

Show Hint

The Correct Option is B

Solution and Explanation

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