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NEW QUESTION 687
Section B (2 Mark)
If the currency of your country is depreciating, the result should be to ______ exports and to _______ imports.
- A. Stimulate, discourage
- B. Discourage, discourage
- C. Discourage, stimulate
- D. Stimulate, stimulate
Answer: A
NEW QUESTION 688
Section A (1 Mark)
Your client Mr. Singhania expressed his intention to write his will in his own handwriting such a will which is wholly in the handwriting of the testator is renown as:
- A. Sham will
- B. Nuncupative will
- C. Manuscript will
- D. Holograph will
Answer: D
NEW QUESTION 689
Section A (1 Mark)
If a portfolio manager consistently obtains a high Sharpe measure, the manager's forecasting ability
__________.
- A. is below average
- B. None of the Above
- C. is average
- D. is above average
Answer: D
NEW QUESTION 690
Section B (2 Mark)
All of the following are assumptions made by technical analysts except:
- A. Changes in trend are caused by shifts in supply and demand relationships.
- B. Security prices tend to move in trends.
- C. Supply and demand of securities are determined by various factors.
- D. Stock price movements are independent.
Answer: D
NEW QUESTION 691
Section A (1 Mark)
All of the following are assumptions made by technical analysts except:
- A. Changes in trend are caused by shifts in supply and demand relationships.
- B. Security prices tend to move in trends.
- C. Supply and demand of securities are determined by various factors.
- D. Stock price movements are independent.
Answer: D
NEW QUESTION 692
Section C (4 Mark)
Read the senario and answer to the question.
Calculate the retirement corpus required by Raman to generate his post-retirement expenses.
- A. Rs. 63,27,856
- B. Rs. 64,97,596
- C. Rs.71,24,232
- D. Rs. 74,36,638
Answer: C
NEW QUESTION 693
Section C (4 Mark)
Read the senario and answer to the question.
You advise Sajan to accumulate a retirement corpus at the age of 58 years to sustain 70% of pre-retirement household expenses till his lifetime, and thereafter 50% of pre-retirement expenses till Jennifer's expected life (instead of Stephanie's life). Such corpus shall generate an inflation linked monthly outflows, if invested in risk free instruments. He would accumulate at least Rs. 70 lakh for the corpus through his PPF A/C. by suitably investing in the scheme and extending the account till his retirement. For the balance amount of corpus, he wishes to start a monthly SIP immediately in his existing Balanced MF scheme. You calculate such amount to be _________.
- A. Rs. 7,116
- B. Rs. 11,375
- C. Rs. 9,155
- D. Rs. 9,752
Answer: A
NEW QUESTION 694
Section A (1 Mark)
Mr. Sharma invested Rs. 2,00,000 in an investment that gives Rs 40,000/- for the first 4 years, and Rs.
60,000/- for next 3 years. If the discount rate is 12 %, calculate the Present Value of these cash flows?
- A. 16543.45
- B. 13,078.40
- C. 18230.34
- D. 14329.34
Answer: B
NEW QUESTION 695
Section C (4 Mark)
Read the senario and answer to the question.
What is the monthly extra saving at beginning required to be done by Raman during his remaining working period to accumulate his required retirement corpus?
- A. Rs. 63,065
- B. Rs. 56,995
- C. Rs. 66,195
- D. Rs. 65,752
Answer: C
NEW QUESTION 696
Section A (1 Mark)
Mr. Sharma is aged 50 years at present. He has invested some amount in an annuity which will pay him after
10 years Rs. 25,000/- p.a. at the beginning of every year for 10 years. Rate of interest is 6% p.a. Calculate how much amount he has invested now?
- A. 107981.1
- B. 107349.56
- C. 108910.6
- D. 106543.34
Answer: C
NEW QUESTION 697
Section A (1 Mark)
Which of the following are the advantages of a Credit Union:
- A. II, IV and V
- B. I, III and V
- C. All of the Above
- D. I, III and IV
Answer: C
NEW QUESTION 698
Section A (1 Mark)
The____________________ in commercial real estate requires that the tenant pay a significant share of expenses of operation, as well as all taxes and insurance related to their rental unit.
- A. The Gross Lease
- B. Triple net lease
- C. None of the Above
- D. The Modified Net Lease
Answer: B
NEW QUESTION 699
Section B (2 Mark)
In the calculation of rates of return on common stock, dividends are _______ and capital gains are _____.
- A. Guaranteed; guaranteed
- B. Guaranteed; not guaranteed
- C. Not guaranteed; guaranteed
- D. Not guaranteed; not guaranteed
Answer: D
NEW QUESTION 700
Section B (2 Mark)
As per Double Taxation Avoidance Agreement, the Royalties in UAE is charged at:
- A. 22.5
- B. 0
- C. Nil
- D. 1
Answer: A
NEW QUESTION 701
Section A (1 Mark)
In US which group is unlikely to support tax limitations?
- A. Conservatives and Republicans
- B. People who benefit from government spending
- C. People whose tax burdens are heaviest
- D. People who think government wastes a lot of money
Answer: B
NEW QUESTION 702
Section B (2 Mark)
The estimated Net Operating Income of an office building is Rs. 12000 per year. An appraiser decide the appropriate capitalization rate is 12% comprised of 10% return on investment and 2% for depreciation, what is the estimated value of the building?
- A. Rs. 1,00,000
- B. Rs 1,44,000
- C. Rs 1,50,000
- D. Rs 1,20,000
Answer: A
NEW QUESTION 703
Section A (1 Mark)
The principle in real estate valuation which acknowledges limitation on growth in market value, not ably in the case of improvements is known as:
- A. Contribution
- B. Conformity
- C. Highest and best use
- D. Substitution
Answer: A
NEW QUESTION 704
Section C (4 Mark)
Read the senario and answer to the question.
Vinay has come across two projects, each with a 12% required rate of return and under given cash flows:
If the projects are independent, you being a CWM would advise Vinay to:
- A. Accept both projects
- B. Reject both projects
- C. Accept Project A and Reject Project B
- D. Reject Project A and Accept Project B
Answer: A
NEW QUESTION 705
Section C (4 Mark)
You purchased a call option for Rs3.45 seventeen days ago. The call has a strike price of Rs45 and the stock is now trading for Rs51. If you exercise the call today, what will be your holding period return? If you do not exercise the call today and it expires, what will be your holding period return?
- A. 57.5%, -173.9%
- B. 173.9%, -100%
- C. 73.9%, -57.5%
- D. 73.9%, -100%
Answer: D
NEW QUESTION 706
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