Description : Wagering Agreement is a _____________ agreement A. Valid B. Voidable C. Void D. Illegal
Last Answer : C. Void
Description : According to enforceability, the contracts may be classified as A. Valid contracts. B. Void contracts. C. Voidable contracts. D. All of the above.
Last Answer : D. All of the above.
Description : Anuj agrees to pay ` 10,000 to Manoj if a certain ship returns within a year. However, the ship sinks within the year. In this case, the contract becomes: A. Valid B. Void C. Voidable D. Illegal
Last Answer : B. Void
Description : A contingent contract is (a) Void (b) Voidable (c) Valid (d) Illegal
Last Answer : (c) Valid
Description : Agreement the meaning of which is uncertain is (a) Void (b) Valid (c) Voidable (d) Illegal
Last Answer : (a) Void
Description : In __________ leasing, the risk of obsolescence is assumed by the lessee.(a)Financial lease b) Operational lease c) both )
Last Answer : (a)Financial lease
Description : A very long tenure lease applicable to immovable properties is_____.(a) Conveyance lease b) leverage lease c) consumer lease)
Last Answer : (a) Conveyance lease
Description : where in an auction sale, the seller appoints more than one bidder, the sale is a) illegal b)void c)conditional d)voidable
Last Answer : d)voidable
Description : A contract for the sale of “future goods is “ a) agreement to sell b)sale c) void d)voidable
Last Answer : a) agreement to sell
Description : A contract which is impossible to perform is (a) Voidable (b) Void (c) Illegal (d) Enforceable
Last Answer : (b) Void
Description : If in a contract, the time lapses and if the party fails to perform the contract within specified time the contract becomes (a) Voidable (b) Void (c) Illegal (d) Enforceable in the court
Last Answer : (a) Voidable
Description : A perpetual bond does not have a fixed _________. a) interest rate b) maturity period c) duration d) underlying asset
Last Answer : b) maturity period
Description : In HPLC, the stationary phase is made of _________ and the mobile phase is made of _________ A. Solid, liquid B. Liquid, liquid C. Liquid, gas D. Solid, gas
Last Answer : A. Solid, liquid
Description : The term _________ refers financial investment in highly risky and growth oriented venture with the objective of earning a high rate of retune.(a) Venture capital)Merchant banking c)leasing)
Last Answer : (a) Venture
Description : Buying a company’s accounts receivable on a nonrecourse basis is known as _________ a. Trading b. Billing c. Factoring
Last Answer : c. Factoring
Description : Refactoring charges have to be paid in the case of _________ a. With recourse factoring b. Invoice factoring c. Full service factoring
Last Answer : a. With recourse factoring
Description : Finance is not available in the following factories service _________ a. Without Recourse factoring b. With recourse factoring c. Maturity factoring
Last Answer : c. Maturity factoring
Description : NBFC is a company registered under _________. a. The Indian Contract Act b. The Companies Act, 1956 c. The RBI Act
Last Answer : c. The RBI Act
Description : In agreements of a purely domestic nature, the intention of the parties to create legal relationship is _______. a) to be proved to the satisfaction of the court b) presumed to exist c) deemed to exist d) not relevant at all
Last Answer : In agreements of a purely domestic nature, the intention of the parties to create legal relationship is _______. a) to be proved to the satisfaction of the court b) presumed to exist c) deemed to exist d) not relevant at all
Description : As an independent valuer, the valuer should not charge __________ fee. a) professional b) success c) mandate d) legal
Last Answer : b) success
Description : Voidable contract is one A. Which is lawful. B. Which is invalid. C. Which is valid as long as it is not avoided by the party entitled to do so. D. Which is unlawful.
Last Answer : C. Which is valid as long as it is not avoided by the party entitled to do so.
Description : A makes a contract with B to beat his business competitor. This is an example of (a) valid contract. (b) illegal agreement. (c) voidable contract. (d) unenforceable contract.
Last Answer : (b) illegal agreement.
Description : ………………. is forbidden by law. (a) Valid contract (b) Illegal agreement (c) Voidable contract (d) Unenforceable contract
Last Answer : (b) Illegal agreement
Description : Which of the following is not a prescribed asset class under the Companies (Registered Valuers and Valuation) Rules, 2017? a) Enterprise b) Securities or Financial Assets c) Plant and Machinery d) Land and Buildings
Last Answer : a) Enterprise
Description : When an investor uses a derivative instrument to reduce his exposure to the price volatility of certain underlying assets, he is said to be _______. a) speculating b) squaring c) hedging d) arbitraging
Last Answer : c) hedging
Description : he practice of discounting accommodation bills is known as ________ a. Night bill b. Kite flying c. Knight bill
Last Answer : b. Kite flying
Description : You can walk 112 miles in 12 hour.What is your average speed?
Last Answer : 3 mph
Description : A and B walk around a circular track. They start at 8 a.m. from the same point in the opposite directions. A and B walk at a speed of 2 rounds per hour and 3 rounds per hour respectively. How many times shall they cross each other before 9.30 a.m.? A.15 B.8 C.7 D.10 E.None of these
Last Answer : Answer – C (7) Explanation – Relative speed = (2 + 3) = 5 rounds per hourSo, they cross each other 5 times in an hour and 2 times in half an hourHence, they cross each other 7 times before 9.30 a.m.
Description : If the election of the President of India is declared void by the Supreme Court, the acts performed by President Incumbent before the date of such decision of court remain - (1) Valid (2) Invalid (3) Valid Subject to the judicial review (4) Valid Subject to the approval of the parliament
Last Answer : (1) Valid Explanation: If the election of the President of India is declared void by the Supreme Court, the acts performed by President Incumbent before the date of such decision of court remain valid.
Description : When the contract is perfectly valid in its substance but cannot be enforced because of certain technical defects. This is called a/ an- (a) Unilateral Contract (b) Bilateral Contract (c) Unenforceable Contract (d) Void Contract
Last Answer : (c) Unenforceable Contract
Description : The free cash flow to the firm (FCFF) is closest to ___________. a) Rs.130 lakh b) Rs.112 lakh c) Rs.118 lakh d) Rs.124 lakh
Last Answer : c) Rs.118 lakh
Description : The terminal value in year 6 is closest to __________. a) Rs.22.57 b) Rs.20.42 c) Rs.24.30 d) Rs.25.70
Last Answer : a) Rs.22.57
Description : The per share value Dev should assign to RC Ltd. is closest to ___________. a) Rs.15.35 b) Rs.20.86 c) Rs.17.35 d) Rs.18.46
Last Answer : c) Rs.17.35
Description : The required rate of return is closest to ____________. a) 10.012% b) 7.062% c) 0.062% c) 11.065%
Last Answer : c) 0.062%
Description : There are two income-based approaches that are primarily used when valuing a business, the Capitalization of Cash Flow Method and the ___________. a) Net Present Value Method b) IRR Method c) Discounted Cash Flow Method d) Discounted Payback Period
Last Answer : c) Discounted Cash Flow Method
Description : Which of the following is the capitalization rate of the BC Ltd.? a) 5.0% b) 3 % c) 4% d) 4.5%
Last Answer : c) 4%
Description : What is the annual future earnings of the AZ Ltd. using ‘Capitalization of Earning Method’? a) Rs.150 crore b) Rs.180 crore c) Rs.200 crore d) Rs.190 crore
Last Answer : c) Rs.200 crore
Description : The exemption under section 54 of the Income Tax Act, 1961 is available ___________. e) to the extent of capital gain invested in the house property f) proportionate to the net consideration price invested g) to the extent of amount actually invested h) to the extent of net consideration
Last Answer : to the extent of capital gain invested in the house property
Description : Under the SARFAESI Act, 2002, the Central Registrar may allow the filing of the particulars of creation of security interest within _____ next following the expiry of the period of initial thirty days on payment of additional fee. a) Ten days b) Thirty days c) Twenty-five days d) Fifteen days
Last Answer : b) Thirty days
Description : According to RBI Guidelines on Sale of Stressed Assets by Banks, identification of stressed assets beyond a specified value, as may be determined by bank’s policy, for sale is ___________. a) Top-down b) Bottom–top c) Horizontal d) Vertical
Last Answer : a) Top-down
Description : STRIPS stands for ______________. a) Separate Trading of Registered Interest and Principal Shares b) Segregated Trading of Registered Interest and Principal Securities c) Separate Trading of ... Interest and Principal Securities d) Segregated Trading of Registered Interest and Principal Shares
Last Answer : c) Separate Trading of Registered Interest and Principal Securitie
Description : Which statute governs external commercial borrowing? e) Foreign Exchange Maximization Act, 1972 f) Foreign Exchange Management Act, 1999 g) Foreign Exchange Minimization Act, 2004 h) Foreign Exchange Regulation Act, 1972
Last Answer : f) Foreign Exchange Management Act, 1999
Description : Under the SEBI (Share Based Employee Benefits) Regulations, 2014, appreciation means the difference between the ______________. a) market price of the share of a company on the date of exercise of stock ... a company on the date of exercise of share appreciation right (SAR) and the SAR price.
Last Answer : market price of the share of a company on the date of exercise of stock appreciation right (SAR) or vesting of SAR, as the case may be, and the SAR price.
Description : Which of the following is the act of taking a risk for a fee? e) Guidewire f) Initial Public Offering g) Predictive analytics h) Underwriting
Last Answer : h) Underwriting
Description : A Tribunal makes an order under section 230 of the Companies Act, 2013 sanctioning a compromise or an arrangement in respect of a company. In this context, strike the odd one out: a) It will ... . c) It can modify the order or compromise. d) It can ask for creditors' responsibility statement.
Last Answer : d) It can ask for creditors’ responsibility statement.
Description : Which of the following statements is true? a) Debenture holder is an owner of the company. b) Debenture holder can get back its money only on the liquidation of the company. c) A debenture issued ... can be redeemed at a premium. d) A debenture holder receives interest only in the event of profits
Last Answer : c) A debenture issued at a discount can be redeemed at a premium.
Description : Measurement and disclosure do not apply to which of the following? a) Leasing based transactions b) Net realizable values/Impairment of Assets c) Share based payments d) Price received to sell or buy an asset
Last Answer : d) Price received to sell or buy an asset
Description : The decline in the combined ratio is most likely to indicate that the insurer has ___________. a) increased its administration expenses b) increased its long term borrowing c) improved its investment returns d) improved its underwriting results
Last Answer : d) improved its underwriting results
Description : An investment entity evaluates the performance of its investments on __________value basis. a) fair b) book c) market d) use
Last Answer : a) fair
Description : What adjustment is made while using the Discounted Cash Flow method to value cyclical companies? a) Normalize earnings b) Use high discount rate c) Use bank rate for discounting d) Use high growth rate
Last Answer : a) Normalize earnings