Free Access AAFM.GLO_CWM_LVL_1.v2022-03-02.q349 Practice Test (Page 41)

Question 196

"Between the four items - Deposits; Borrowings; Reserves & Surplus; and Capital, which would appear last in the balance sheet of a bank?"

A.Reserves & Surplus

B.Deposits

C.Borrowings

D.Capital

Question 197

A doctor has taken a professional indemnity Policy on 01/06/2003 and has been continuously renewing it. In August, 2006 he operated on an infant child. But that operation failed. The parent of child filed a law suit against doctor in Sept, 2006. Which of the following statement is true in respect of the claim?

A.As the Professional indemnity policy was taken on 01/06/2003 and it has been regularly renewed since then, and was in force during the occurrence of claim, the doctor will be reimbursed under the Policy.

B.As the operation has failed, so the doctor has to pay the compensation.

C.A profession indemnity policy does not include claims under failure of operation.

D.As the Professional indemnity policy was taken on 01/06/2003 and claim has arose on August, 2006, so the doctor will not be reimbursed under the Policy.

Question 198

A weaker Rupee benefits _____ and hurts _____

A.Indian businesses; Indian consumers.

B.Indian businesses; foreign consumers.

C.foreign businesses; Indian consumers.

D.Indian consumers; Indian businesses.

Question 199

The following is not 'plant' u/s 43(3) of the Income-Tax Act, 1961

A.Electrical fittings

B.Know-how

C.Road in the factory building

D.Books

Question 200

The management of Pearls India Shopping Ltd has recently announced that expected dividends for the next three years will be as follows:

For the remaining years, the management expects the dividend to grow at 5% annually. If the risk-free rate is
4.30%, the return on the market is 10.30% and the firm's beta is 1.40. What is the maximum price that you should pay for this stock?

A.Rs. 42.39

B.Rs. 47.45

C.Rs. 39.15

D.Rs. 41.38.

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Question 196

Question 197

Question 198

Question 199

Question 200

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