Section B (2 Mark)
The Net Worth Required for an Individual is _________________ for a Partnership Firm is ____________________ and Body Corporate is______________ to fulfil the Capital Adequacy requirements under the SEBI Investment Advisor Regulations 2013.

A. 100000, 150000 and 2500000

B. 200000, 200000 and 1500000

C. 100000, 100000 and 1500000

D. 100000, 100000 and 2500000

Section A (1 Mark)
What are the common methods an investors may use to value real estate investments?

A. Sales comparison method

B. Income method

C. Discounted after-tax cash flow model

D. All of the above

Section C (4 Mark)
Azhar deposits Rs. 12,500 in an account that pays a ROI of 20% p.a compounded annually on 5th. Of March 2010. Calculate the date on which the balance in his account would be Rs.35,338/-

A. 15thNovember 2015

B. 15th August 2015

C. 25th November 2015

D. 15th August 2016

Section A (1 Mark)
During “Building the foundation” life stage, we learn about _______

A. Budgeting

B. Five Fundamental of Fiscal Fitness

C. Three Fundamental of Fiscal Fitness

D. Seven Fundamental of Fiscal Fitness

Section A (1 Mark)
When two banks simply agree to exchange a portion of their customers' loan repayments, they are using:

A. A credit option

B. A standby letter of credit

C. A credit linked note

D. A credit swap.

Section C (4 Mark)
Tapley Dental Supply Company has the following data:



If Tapley could streamline operations, cut operating costs, and raise net income to Rs300, without affecting sales or the balance sheet (the additional profits will be paid out as dividends), by how much would its ROE increase?

A. 3.00%

B. 3.50%

C. 4.00%

D. 4.25%

Section B (2 Mark)
What is the outstanding balance at the 23rd payment interval of a 16-year loan for Rs11 234 with semi-annual payments and an interest rate of 7.95% compounded quarterly?

A. Rs. 4678.84

B. Rs. 4866.67

C. Rs. 4498.26

D. Rs. 9341.75

Section C (4 Mark)
Read the senario and answer to the question.
Harish wants to go abroad on a family vacation tour in January next year. A tour operator is offering him a package in which he has to pay only Rs. 20,000 on 1st January, 2011 which is 10% upfront amount, while the remaining amount is to be repaid in 36 EMIs of Rs. 7,500 each, first EMI payable on 1st February, 2011. Harish wants to know the annual effective rate of interest which he may incur in subscribing to this offer.

A. 24.10% p.a.

B. 27.00% p.a.

C. 32.61% p.a.

D. 28.56% p.a.

Section B (2 Mark)



Which one of the above statements is/are incorrect?

A. (i) only

B. (ii) only

C. Both

D. None of the above

Section C (4 Mark)
Mr. Amit Jain has bought a house today which cost him Rs. 50 lacs by taking a loan of 30lacs for 15 years at 11% per annum compounded monthly. He currently has 10 lacs of financial assets and plans to save Rs. 3.25 lacs every year at the beginning of the year for the next 5 years. All his investments are expected to grow at a ROI of 15%per annum compounded quarterly. What will be the net worth of Mr. Amit after 5 years if the value of the house after 5 years is expected to be 75 lacs.

A. 8723098

B. 7465780

C. 11655750

D. 9695565

Section A (1 Mark)
A European call option allows the buyer to

A. Sell the underlying asset at the exercise price on the expiration date.

B. Sell the option in the open market prior to expiration.

C. Buy the underlying asset at the exercise price on the expiration date.

D. C and D.

Section A (1 Mark)
REIT Preferred Stock can offer lower total returns than common stock and have some liquidity issues as well.

A. TRUE

B. FALSE