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NEW QUESTION 577
Identify the stage in the money laundering process where funds are being constantly moved or re-characterised to conceal their origins.
This stage is known as:
- A. integration
- B. placement
- C. layering
- D. All of the above
Answer: C
NEW QUESTION 578
Which of the following is a type of Demand Deposit?
- A. Savings Account
- B. Recurring Deposit
- C. Fixed Deposit
- D. FCNR account
Answer: A
NEW QUESTION 579
Family Offices provide _____________
- A. All of the above
- B. Administration
- C. Investment Management
- D. Specialist advice and planning
Answer: A
NEW QUESTION 580
In a life insurance contract, offer refers to
- A. Proposer's application form for insurance
- B. Proposer paying the first premium
- C. Original policy bond
- D. Company brochure duly authenticated
Answer: A
NEW QUESTION 581
During "Early accumulation" life stage, typical asset allocation should be
- A. 100% equities
- B. 75% equities, rest in fixed income instruments
- C. 25% equities, rest in fixed income instruments
- D. 50% equities, rest in fixed income instruments
Answer: D
NEW QUESTION 582
The liability of members if company is limited by guarantee.
- A. Unpaid value of shares
- B. Unlimited liability
- C. None of the above
- D. Guarantee amount
Answer: D
NEW QUESTION 583
Multi period hedging is ________
- A. A way to manage sentimental risk over time
- B. A way to manage market risk over time
- C. A way to manage qualitative risk over time
- D. None of the above
Answer: B
NEW QUESTION 584
If the proposer does not disclose fully all the material facts at the time of Proposal the principle violated
- A. Caveat emptor
- B. Utmost good faith
- C. Sharing of risk
- D. Insurable interest
Answer: B
NEW QUESTION 585
A Bank is under a statutory obligations to honor its consumer's Cheque vide
- A. Section 3 of the RBI act 1934
- B. Section 31 in the Negotiable Instruments Act, 1881
- C. All of the above
- D. Section 10 of banking regulation act 1949
Answer: B
NEW QUESTION 586
An important financial institution that assists in the initial sale of securities in the primary market is the
- A. stock exchange.
- B. investment bank.
- C. commercial bank.
- D. brokerage house.
Answer: B
NEW QUESTION 587
Under which type of Mortgage, transfer of property takes place:
- A. Anomalous Mortgage
- B. Simple Mortgage
- C. English Mortgage
- D. Usufructuary Mortgage
Answer: C
NEW QUESTION 588
Deposit in cash in SB Accounts can be in minimum of:
- A. Rs. 50
- B. Rs. 10
- C. Rs. 20
- D. Rs. 30
Answer: B
NEW QUESTION 589
In a Mutual Fund Structure as per the latest guidelines the fund sponsor has to contribute:
- A. At least 40% 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 30% of the AMC's net worth at conforms to SEBI guidelines
- D. Exactly 50% of the net worth of AMC
Answer: B
NEW QUESTION 590
The probability distribution of the rate of return on a stock is given below:
What is the standard deviation of return?
- A. 5.46
- B. 7.9
- C. 9.4
- D. 5.69
Answer: D
NEW QUESTION 591
Financial markets have the basic function of
- A. assuring that governments need never resort to printing money.
- B. assuring that the swings in the business cycle are less pronounced.
- C. both (A) and (B) of the above.
- D. bringing together people with funds to lend and people who want to borrow funds.
Answer: D
NEW QUESTION 592
The information about 3 stocks is provided below:
Assuming that the required rate of return on investment is 14%, what maximum price an investor should be willing to pay and Which Stock should he buy?
- A. Rs. 15.29, Rs. 43.71, Rs. 63.64, None
- B. Rs. 23.15/-, Rs. 47.50/-, Rs.70.45/- , Share C
- C. Rs. 16.36, Rs. 49.67, Rs. 69.75, Share B only
- D. Rs. 15.29, Rs. 22.50, Rs. 49.50, Share B and C
Answer: A
NEW QUESTION 593
You buy a new computer for your business costing approximately Rs. 5,000. You expect a salvage value of Rs. 1000 selling parts when you dispose of it. Your business has upgraded its hardware every four years, so you think this is a more realistic estimate of useful life, since you are apt to dispose of the computer at that time. Calculate the amount of depreciation using straight line method?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION 594
Where a coparcener with only his widow as legal heir dies, Can a partition be deemed as between the surviving coparcener and the widow on his death?
- A. Yes it is a deemed as a partition u/s 6 of Hindu succession Act
- B. Either of the Two
- C. None of the above
- D. Where the deceased dies issueless leaving a widow there is no question of a deemed partition u/s 6 of Hindu succession Act.
Answer: D
NEW QUESTION 595
What is a valuation date?
- A. 1st January
- B. 31st March
- C. 1st April
- D. The date on which the assessing officer assess the wealth tax
Answer: B
NEW QUESTION 596
A copy of the rules & regulations of the society, certified to be correct copy by not less than_____________ of the members of the governing body shall be filled with the MOA
- A. Five
- B. Two
- C. Four
- D. Three
Answer: D
NEW QUESTION 597
Concept of final pay is a feature of
- A. Hybrid plan
- B. Defined contribution plan
- C. Defined benefit plan
- D. None of the above
Answer: C
NEW QUESTION 598
The beta of stock of Akhil Computers Ltd., is 1.5 and is currently in equilibrium. The required return on the stock is 19% and the expected return on the market is 15%. Suddenly due to a change in economic conditions, the expected return on the market increases to 17%. Other things remaining the same what would be new required rate of return on the stock?
- A. 22.00%
- B. 20.00%
- C. 17.50%
- D. 25.00%
Answer: A
NEW QUESTION 599
During inflationary period, nominal interest rates are ________ than real interest rates.
- A. Higher
- B. Equal
- C. None of the all
- D. Lower
Answer: A
NEW QUESTION 600
An HUF consisted of a father, who is a widower, his three sons and a daughter. On death of the father what will the share of each of his sons?
- A. One fourth of HUF property
- B. One fourth plus one sixteenth of HUF property
- C. One third of HUF property
- D. One sixteenth of HUF property
Answer: A
NEW QUESTION 601
Returns on a security held for 5 years by Praveen are:
Find the standard deviation of the security.
- A. 6.59%
- B. 8.00%
- C. 7.37%
- D. 8.50%
Answer: C
NEW QUESTION 602
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