Free Access AAFM.CWM_LEVEL_2.v2021-11-05.q431 Practice Test (Page 76)

Question 371

Section A (1 Mark)
A trough is ________.

A.A depression that lasts more than three years.

B.Only something used by farmers to feed pigs and not an investment term

C.A transition from an expansion in the business cycle to the start of a contraction

D.A transition from a contraction in the business cycle to the start of an expansion

Question 372

Section A (1 Mark)
The first step of portfolio management is:

A.To develop strategies and implement them.

B.To assess market conditions.

C.To adjust the portfolio as necessary.

D.To determine objectives, constraints and preferences.

Question 373

Section B (2 Mark)
A Family consists of karta, his wife four sons and their wires and children and its income is Rs. 1000000 if by family arrangement income yield property is settled on karta his wife and sons & daughter in law than tax liability would be

A.None of the above

B.100000

C.Calculated as per income tax Act 1961

D.Nil

Question 374

Section A (1 Mark)
Limited growth prospects are indicated by

A.High P/E ratio

B.Low dividend

C.High dividend and low P/E ratio

D.High dividend

Question 375

Section A (1 Mark)
Dividend received by a shareholder from an Indian company the whole of whose income is agricultural income shall be treated as:

A.agricultural income and thus exempt but it will be subject to partial integration

B.exempt under section 10(34) but taxable in the hands of the company

C.income taxable under the head income from other sources

D.agricultural income in the hands of shareholder and thus exempt

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Question 371

Question 372

Question 373

Question 374

Question 375

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