問題1
Section C (4 Mark)
Read the senario and answer to the question.
Calculate the Solvency ratio?
Section C (4 Mark)
Read the senario and answer to the question.
Calculate the Solvency ratio?
正確答案: C
問題2
Section A (1 Mark)
While choosing wealth management firms the criteria a client would consider include is/are:
Section A (1 Mark)
While choosing wealth management firms the criteria a client would consider include is/are:
正確答案: D
問題3
Section C (4 Mark)
The expected return and standard deviations of stock A & B are:
Amit buys Rs.20,000 of Stock A and sells short Rs.10,000 of Stock B using all the Proceeds to buy more or Stock A.
The correlation Between the two securities is .35. What are the expected return & standard deviation of Amit's portfolio?
Section C (4 Mark)
The expected return and standard deviations of stock A & B are:
Amit buys Rs.20,000 of Stock A and sells short Rs.10,000 of Stock B using all the Proceeds to buy more or Stock A.
The correlation Between the two securities is .35. What are the expected return & standard deviation of Amit's portfolio?
正確答案: C
問題4
Section B (2 Mark)
Withholding Tax Rates for payments made to Non-Residents are determined by the Finance Act passed by the Parliament for various years. The current rates for Technical Services are:
Section B (2 Mark)
Withholding Tax Rates for payments made to Non-Residents are determined by the Finance Act passed by the Parliament for various years. The current rates for Technical Services are:
正確答案: B
問題5
Section A (1 Mark)
__________ is a tangible company asset that can (and should) be inventoried and managed.
Section A (1 Mark)
__________ is a tangible company asset that can (and should) be inventoried and managed.
正確答案: D
問題6
Section A (1 Mark)
All of the following are examples of excise taxes except:
Section A (1 Mark)
All of the following are examples of excise taxes except:
正確答案: D
問題7
Section A (1 Mark)
Credit cards are the best example of a _____________ that offer consumers convenience and flexibility.
Section A (1 Mark)
Credit cards are the best example of a _____________ that offer consumers convenience and flexibility.
正確答案: B
問題8
Section A (1 Mark)
An example of ________ is that a person may reject an investment when it is posed in terms of risk surrounding potential gains but may accept the same investment if it is posed in terms of risk surrounding potential losses.
Section A (1 Mark)
An example of ________ is that a person may reject an investment when it is posed in terms of risk surrounding potential gains but may accept the same investment if it is posed in terms of risk surrounding potential losses.
正確答案: C
問題9
Section A (1 Mark)
A public trust is created for the benefit of
Section A (1 Mark)
A public trust is created for the benefit of
正確答案: D
問題10
Section B (2 Mark)
Amount of liability of payment of gratuity is calculated at the rate of
Section B (2 Mark)
Amount of liability of payment of gratuity is calculated at the rate of
正確答案: B
問題11
Section C (4 Mark)
Mr. XYZ is bullish about ABC Ltd stock. He buys ABC Ltd. at current market price of Rs. 4000 on 4th July.
To protect against fall in the price of ABC Ltd. (his risk), he buys an ABC Ltd. Put option with a strike price Rs. 3900 (OTM) at a premium of Rs. 143.80 expiring on 31st July.
What would be the Net Payoff of the Strategy?
* If ABC Ltd closes at 3458
* If ABC Ltd closes at 4352
Section C (4 Mark)
Mr. XYZ is bullish about ABC Ltd stock. He buys ABC Ltd. at current market price of Rs. 4000 on 4th July.
To protect against fall in the price of ABC Ltd. (his risk), he buys an ABC Ltd. Put option with a strike price Rs. 3900 (OTM) at a premium of Rs. 143.80 expiring on 31st July.
What would be the Net Payoff of the Strategy?
* If ABC Ltd closes at 3458
* If ABC Ltd closes at 4352
正確答案: B
問題12
Section C (4 Mark)
Read the senario and answer to the question.
Saxena bought agricultural land in notified urban limits of Mumbai on 15-June-1996 for Rs. 6 lakh and had been using the same for agricultural purposes. However the land was compulsorily acquired by the Government on 15-July-2003 and the compensation fixed was Rs. 25 lakh. Out of this, Rs 10 lakh was received by Saxena on 15-Jan-2005 and the balance on 06-Apr-2005. Saxena was not satisfied with the compensation and filed a suit in the court. The compensation was enhanced by Rs 8 lakh which was received on 25-Mar-2008. Which one of the following statement regarding capital gains arising from these transactions is correct:
Section C (4 Mark)
Read the senario and answer to the question.
Saxena bought agricultural land in notified urban limits of Mumbai on 15-June-1996 for Rs. 6 lakh and had been using the same for agricultural purposes. However the land was compulsorily acquired by the Government on 15-July-2003 and the compensation fixed was Rs. 25 lakh. Out of this, Rs 10 lakh was received by Saxena on 15-Jan-2005 and the balance on 06-Apr-2005. Saxena was not satisfied with the compensation and filed a suit in the court. The compensation was enhanced by Rs 8 lakh which was received on 25-Mar-2008. Which one of the following statement regarding capital gains arising from these transactions is correct:
正確答案: B