In the context of Organizational Models of banks in Wealth Management, a model in which Private Banking acts as a peripheral add-on to the core investment banking business is termed as:

A. Hybrid

B. IB dominated

C. Universal

D. None of the above

In case of resident of India, income from property situated in foreign country is taxable

A. When it is received in India

B. When it is brought in India or not

C. Whether it is received in India or not

D. Not taxable

In a Mutual Fund Structure as per the latest guidelines the fund sponsor has to contribute:

A. At least 30% of the AMC's net worth at conforms to SEBI guidelines

B. At least 35% of the AMC's net worth at conforms to SEBI guidelines

C. At least 40% of the AMC's net worth at conforms to SEBI guidelines

D. Exactly 50% of the net worth of AMC

Bond price is inversely related to yields

A. True

B. False

The following is capital receipt:

A. Dividend from investment;

B. Bonus shares;

C. Sale of technological know- how;

D. Compensation received for compulsory evacuation of place of business.

At the beginning of 2006 you have invested Rs 2000 in 40 Shares of ABC Ltd. During the year you received dividends @ 7 per share. At the end of 2006 you expect to sell share for Rs. 59. Compute return?

A. 114.80%

B. 32%

C. 1.32%

D. 14.89%

An administrator is appointed if there is no nominated:

A. Executor

B. Donor of power of Attorney

C. Testator

D. Beneficiary

If the income from a Private Trust originates from a business, then it is normally taxed.

A. In the hands of beneficiary

B. In the hands of settler

C. In the hands of sponsor

D. In the hands of trustees

Urban land means land situated in area not being more than ………………from local list of local authority as notification in official Gazette

A. 5 km

B. 8 km

C. 10 km

D. 20 km

________ account is maintained by businesses for their daily operations.

A. Current

B. Savings

C. Fixed Deposit

D. Recurring Deposit

The arbitrage pricing theory (APT) differs from the single-factor capital asset pricing model (CAPM) because the APT:

A. Recognizes multiple systematic risk factors

B. Does not recognize multiple systematic risk factors

C. Does not treat risk as diversifiable

D. Both b and c

Markets in which funds are transferred from those who have excess funds available to those who have a shortage of available funds are called

A. commodity markets.

B. fund-available markets.

C. derivative exchange markets.

D. financial markets.