GLO_CWM_LVL_1 Exam Question 141
An important financial institution that assists in the initial sale of securities in the primary market is the
GLO_CWM_LVL_1 Exam Question 142
Compulsory maintenance of account is required u/s 44AA of IT, if the gross receipt/ total sales exceed
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GLO_CWM_LVL_1 Exam Question 143
Mayank an investor buys one share of stock for Rs.500 at the beginning of the first year, and buys another share for Rs.550 at the end of the first year. The investor earns Re.10/- in dividends in the first year and Re.20/- in the second year. What is the time-weighted rate of return if the shares are sold at the end of the second year for Rs.650/- each?
GLO_CWM_LVL_1 Exam Question 144
Mr. M is an area manager of M/s Allwin Ltd. During the financial year 2007-08, he gets the following emoluments from his employer:

Compute taxable salary of Mr. M for the Assessment year 2008-09.

Compute taxable salary of Mr. M for the Assessment year 2008-09.
GLO_CWM_LVL_1 Exam Question 145
What amount needs to be deposited today in an account that would pay Rs. 1,10,000 per year for the first 10 years and Rs. 2,25,000 for the next 5 years. If the ROI for the first 10 years if 10.75 % p.a. compounded annually and 13% p.a. compounded quarterly for the balance period.?