Risk is

A. A peril

B. A hazard

C. A probability of loss

D. A certain outcome

Financial Gerontology tries to assess client needs based on __________

A. Demographics of middle aged children and their elderly parents

B. Interconnections of financial legal and ethical issues

C. Options for financing health and long term care

D. All of the above

If a testator makes a will ‘to induce another person to make him comply with his (testators) wish’ but does not have any testamentary operation or intention, then this will is called as

A. Concurrent will

B. Sham will

C. Disguise will

D. Duplicate will

GDP at factor cost is equal to ________

A. GDP at market price – indirect taxes + subsidies

B. GNP at market prices – indirect taxes + subsidies

C. GDP at market price + indirect taxes + subsidies

D. GDP at market price + indirect taxes - subsidies

A measure of the riskiness of an asset held in isolation is _____________.

A. Beta

B. Standard deviation

C. Covariance

D. Semi-variance

The assessed is charged to income-tax in the assessment year following the previous year:

A. A non-resident business firm which shipped goods on 1.5.210 at Visakhapatnam Port in Andhra Pradesh

B. An employee left India to USA on 1.8.2010 with no intention of returning

C. ABC firm which discontinued its business on 1.9.2010

D. An employee-assessed of a University who worked during 1.4.09 to 30.03.2010

Which of the following costs best describes the cost of foregone income that results from making an economic decision to use funds to purchase a piece of equipment?

A. Cost of Capital

B. Fixed Cost

C. Marginal Cost

D. Opportunity Cost

What is codicil?

A. Legal document used to transfer little of real property in the eyes of law

B. Legal process of settling of disputes arising out of untimely death

C. A situation where a person dies without a will

D. Is a document that amends, rather than replaces, a preciously executed will

The subscription paid into PPF account enjoys the tax benefit under

A. Sec 80D

B. Sec 10

C. Sec 80C

D. Sec 80G

“At the money” option will generate

A. Positive cash flows

B. Zero cash flow

C. Negative cash flows

D. None of the above

The provision of fraudulent transfer is given in-

A. Section 49 of the Transfer of Property Act, 1882

B. Section 50 of the Transfer of Property Act, 1882

C. Section 51 of the Transfer of Property Act, 1882

D. Section 53 of the Transfer of Property Act, 1882

All the following statements concerning systematic risk are correct EXCEPT

A. Only I

B. Only II

C. Only III

D. Only IV