Free Access AAFM.GLO_CWM_LVL_1.v2021-10-25.q359 Practice Test (Page 38)

Question 181

Which of the following statement is true?

A.Ordinary share capital is a high-risk high reward source of finance for investors

B.Book building is a process to elicit demand for and price of, securities

C.All of the above

D.Companies can freely price their share issues.

Question 182

Vinod had taken a housing loan of Rs. 15 Lakh disbursed on 1st April 2006. They are presently paying an EMI of Rs. 17,285 at the end of every month beginning from the month of disbursement. The loan is at fixed rate of interest of 11.25% p.a. (reducing monthly balance basis) with tenure of 15 years. He wants to know what amount is eligible for deductible u/s 24 of Income Tax for housing loan repayments in computation of his Income tax liability for AY 2011-12.

A.Rs. 1,43,680

B.Rs. 1,43,080

C.Rs. 1,50,000

D.Rs. 1,44,270

Question 183

From the data given below, calculate the premium of a policy of Rs. 5 lac, for all the mentioned age groups?

A.None of the above

B.734.50, 740.90, 754.35, 754.35

C.751.70, 754.35, 740.90, 734.50

D.734.50, 754.35, 751.70, 740.90

Question 184

Fixed Annuity and Variable Annuity respectively provide:

A.Very low returns and Unguaranteed Returns

B.Guaranteed Returns &Very Low Returns

C.Un Guaranteed returns & Guaranteed returns

D.None of the above

Question 185

A firm's earnings decline because of a strike, this is an example of:

A.Business Risk

B.Unsystematic Risk

C.Option B and C

D.Market Risk

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