Question 1

All stock market indexes are most accurately characterized by which of the following statements about the degree to which they co-vary together?

Options :

A : They are perfectly positively correlated

B : They are highly positively correlated

C : They are uncorrelated

D : They are negatively correlated

Answer: B

Question 2

Compulsory maintenance of account is required u/s 44AA of IT, if the gross receipt/ total sales exceed _______

Options :

A : Rs. 5,00,000

B : Rs 10,00,000

C : Rs 15,00,000

D : Rs 40,00,000

Answer: B

Question 3

Samantha celebrated her 21st birthday today, her father gave her Rs. 6,25,000/- which is deposited in a account that pays a ROI of 12.25% p.a. compounded monthly. If she wants to withdraw Rs. 7,50,000 on her 31st. Birthday and balance on her 41stBirthday. How much can she withdraw on her 41st. birthday.?

Options :

A : 2114431

B : 1364431

C : 4615995

D : 4333264

Answer: C

Question 4

In case of Pvt. Company memo must be signed by atleast …….. person

Options :

A : One

B : Two

C : Seven

D : Fifteen

Answer: B

Question 5

Default risk is

Options :

A : Borrower may not pay principal in time

B : Borrower may not be able to sell the security easily

C : Fluctuation in price due to change in interest rate

D : All of the above

Answer: A

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