Partition can be effected orally & there is no requirement in law that the partition must the evident try a written agreement

A. True

B. False

How many registered offices can a company have ?

A. Two.

B. Three.

C. one office in each state.

D. One office totally.

Which of the following is not a key issue in retirement planning?

A. Normal Retirement

B. Early Retirement and Delayed Retirement

C. Taxation on Retirement benefit

D. Last drawn salary

Stock dividends cause

A. The price of a share of stock to rise

B. The price of a share of stock to fall

C. The value of the firm to rise

D. The value of the firm to fall

Which of the following is not true for Index Funds ?

A. These funds invests in the shares that constitute a specific index

B. The investment in shares is in the same proportion as in the index

C. These funds take only the overall market risk

D. These funds are not diversified

Transfer of shares in the partnership firm is

A. Restricted

B. Freely transferable

C. Prohibited

D. None of these

Retiring early will need

A. Normal saving as planned earlier

B. Accelerated savings to get the goal

C. Delayed savings

D. All of the above

Merton’s theory is ___________

A. Of continuous time finance

B. a link from Arrow-Debreu world to real world

C. about dynamic replication

D. All of the above

As per rule 69 of doubling, what is the doubling period if rate of interest is 9%

A. 8.01 years

B. 8 years

C. 8.4

D. 8.1

Debt ratio is

A. Current Cash / Current liabilities

B. Current Assets / Current liabilities

C. Current Liabilities / Current assets

D. Total Liabilities / Net Worth

Consider two bonds, X and Y. Both bonds presently are selling at their par value of Rs.1000. Each pays interest of Rs.150 annually. Bond X will mature in 6 years while bond Y will mature in 7 years. If the yields to maturity on the two bonds decrease from 15% to 12%:

A. Both bonds will increase in value, but bond X will increase more than bond Y

B. Both bonds will decrease in value, but bond X will decrease more than bond Y

C. Both bonds will increase in value, but bond Y will increase more than bond X

D. Both bonds will decrease in value, but bond Y will decrease more than bond X

A public trust is created for the benefit of

A. Individuals only

B. Family member

C. Uncertain and fluctuating body of persons

D. Charitable purposes only