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Viewing page 14 out of 16 pages
Viewing questions 261-280 out of questions
Questions # 261:

Saurabh Gulati was thinking of acquiring some shares of AB ltd. The expected rate of return is as follows:

Question # 261

Compute the expected return on the investment?

Options:

A.

9.10%

B.

8.90%

C.

8.70%

D.

9.30%

Questions # 262:

Wills which are not valid in India except in case of privileged wills or in case of Mahomadans are called as:

Options:

A.

Mutual wills

B.

Concurrent wills

C.

Nuncupative wills

D.

Holograph wills

Questions # 263:

Tax exemption limit for the lump sum received towards Leave encashment on retirement is at _______________

Options:

A.

Rs. 3.5 lacs

B.

Rs. 3 lacs

C.

Rs. 2.4 lacs

D.

Rs. 2 lacs

Questions # 264:

What is a contract?

Options:

A.

An agreement between two or more parties which creates no obligation to do a particular thing.

B.

A contract is an agreement between two or more parties that does not establish an enforceable legal relationship.

C.

Contract consists of reciprocal promise that the law will not enforce.

D.

A contract is the result of a promise to do a certain thing in exchange for a promise from on their person.

Questions # 265:

Receipts from TV serial shooting in farm house is __________________

Options:

A.

non agricultural income

B.

Agricultural income

C.

Salary Income

D.

Business Income

Questions # 266:

Which of the following is controlled under monetary policy?

Options:

A.

Interest Rates

B.

Money Supply

C.

Inflation

D.

All of the above

Questions # 267:

The liability of members if company is limited by guarantee.

Options:

A.

Unpaid value of shares

B.

Guarantee amount

C.

Unlimited liability

D.

None of the above

Questions # 268:

If an assessed earns rent from a sub-tenant in respect to tenanted property let out as a residence, the said rent is:

Options:

A.

Exempt under Section 10.

B.

Taxable under the head income from house property.

C.

Taxable as business income, as the letting out is a commercial activity.

D.

Taxable as income from other sources, unless the assessed is in the business of subletting properties on a regular basis.

Questions # 269:

In a Mutual Fund Structure as per the latest guidelines the fund sponsor has to contribute:

Options:

A.

At least 30% of the AMC's net worth at conforms to SEBI guidelines

B.

At least 35% of the AMC's net worth at conforms to SEBI guidelines

C.

At least 40% of the AMC's net worth at conforms to SEBI guidelines

D.

Exactly 50% of the net worth of AMC

Questions # 270:

The following is not ‘plant’ u/s 43(3) of the Income-Tax Act, 1961

Options:

A.

Books

B.

Know-how

C.

Road in the factory building

D.

Electrical fittings

Questions # 271:

If everyone is forced to pay an extra Rs 1000 in taxes each year, "the" multiplier

Options:

A.

Is unchanged and income falls

B.

Becomes smaller and income falls

C.

Becomes larger and income falls

D.

becomes larger and income rises

Questions # 272:

Equity Financing

Options:

A.

Has to be repaid back

B.

Requires collateral

C.

Requires interest payment

D.

Allows to receive tax free dividends

Questions # 273:

GDP at factor cost is equal to ________

Options:

A.

GDP at market price – indirect taxes + subsidies

B.

GNP at market prices – indirect taxes + subsidies

C.

GDP at market price + indirect taxes + subsidies

D.

GDP at market price + indirect taxes - subsidies

Questions # 274:

Under the Provisions of Transfer, of Property Act, the unborn child acquires vested interest-

Options:

A.

Upon his birth

B.

7 days after his birth

C.

12 days after his birth

D.

18 years after his birth

Questions # 275:

In the BASEL framework, first pillar stands for:

Options:

A.

Minimum capital requirements

B.

Market Discipline

C.

Supervisory Review Process

D.

Monetary stability

Questions # 276:

What is Market Risk Premium?

Options:

A.

It is premium available in the market.

B.

It is the market risk measured by premium paid

C.

It is the difference between the average return on the portfolio and average risk free rate.

D.

Any of these

Questions # 277:

Which of the following is not one of the assumptions of the CMT?

Options:

A.

All investors have the same one-period time horizon.

B.

There are no personal income taxes.

C.

There is no interest rate charged on borrowing.

D.

There are no transaction costs.

Questions # 278:

In case where amount of wealth tax exceeds one hundred thousand rupees rigorous imprison-ment for a term not be less than …………

Options:

A.

One month which may extend to one year

B.

Only fine

C.

Six months which may extend to 7 years

D.

On year to 10 years

Questions # 279:

Which of the following is not true?

Question # 279

Options:

A.

Only II

B.

Only I and II

C.

Only III

D.

None of these

Questions # 280:

In addition to the contribution employer has to pay ______________% of wages as administration charges.

Options:

A.

0.17%

B.

0.18%

C.

0.10%

D.

None of these

Viewing page 14 out of 16 pages
Viewing questions 261-280 out of questions
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