Online Access Free AAFM.GLO_CWM_LVL_1.v2022-05-19.q277 Practice Test (Page 22)

Deduction under section 80QQB is allowed in respect of royalty income to:

A.an individual who is resident in India who is either an author of a book or a joint author of the book

B.an individual who is resident in India and who is an author of a book

C.an individual who is an author of a book

D.None of These

Hybrid plans are

A.Combination of DB & DC plan

B.None of the above

C.Combination of ESOP and Money purchase plan

D.Combination of DB & ESOP plan

Risk free rate of return is 8%, expected market premium is 15% and Beta of security is 0.80. What is the expected rate of return of the security?

A.12.00%

B.15.00%

C.13.60%

D.20.00%

The minimum amount for secured lenders to take the benefit of SARFAESI is _______.

A.Not specified

B.Rs. 5 lakh

C.Rs. 1 lakh

D.Rs. 10 lakh

A contract is said to be caused by coercion when it is obtained by:

A.I,II and III

B.I,III and IV

C.All of the above

D.II,III and IV

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