{"id":30882,"date":"2021-10-27T07:57:35","date_gmt":"2021-10-27T07:57:35","guid":{"rendered":"https:\/\/www.dumpsbase.com\/freedumps\/?p=30882"},"modified":"2021-10-27T07:57:38","modified_gmt":"2021-10-27T07:57:38","slug":"aafm-chartered-wealth-manager-exam-cwm_level_2-dumps-questions","status":"publish","type":"post","link":"https:\/\/www.dumpsbase.com\/freedumps\/aafm-chartered-wealth-manager-exam-cwm_level_2-dumps-questions.html","title":{"rendered":"AAFM Chartered Wealth Manager Exam CWM_LEVEL_2 Dumps Questions"},"content":{"rendered":"\n<p>To be a Chartered Wealth Manager certified, candidates need to complete two exams:<\/p>\n<ul>\n<li>Chartered Wealth Manager (CWM) Certification Level I Examination (Foundation Level)<\/li>\n<li>Chartered Wealth Manager (CWM) Certification Level II Examination (Advanced Level)<\/li>\n<\/ul>\n<p>Recently, DumpsBase has released CWM_LEVEL_2 dumps to help candidates to prepare for Chartered Wealth Manager (CWM) Certification Level II Examination. With the help of DumpsBase AAFM CWM_LEVEL_2 Dumps, you will pass your Chartered Wealth Manager (CWM) Certification Level II Examination on the first attempt. Some students go to different places and use additional irrelevant notes for preparation, but DumpsBase provides you complete guidelines. You can practice for CWM_LEVEL_2 exam at home through DumpsBase CWM_LEVEL_2 Dumps Questions.<\/p>\n<h2><span style=\"background-color: #ffff00;\">Check DumpsBase CWM_LEVEL_2 Free Dumps First<\/span><\/h2>\n<script>\n\t  window.fbAsyncInit = function() {\n\t    FB.init({\n\t      appId            : '622169541470367',\n\t      autoLogAppEvents : true,\n\t      xfbml            : true,\n\t      version          : 'v3.1'\n\t    });\n\t  };\n\t\n\t  (function(d, s, id){\n\t     var js, fjs = d.getElementsByTagName(s)[0];\n\t     if (d.getElementById(id)) {return;}\n\t     js = d.createElement(s); js.id = id;\n\t     js.src = \"https:\/\/connect.facebook.net\/en_US\/sdk.js\";\n\t     fjs.parentNode.insertBefore(js, fjs);\n\t   }(document, 'script', 'facebook-jssdk'));\n\t<\/script><script type=\"text\/javascript\" >\ndocument.addEventListener(\"DOMContentLoaded\", function(event) { \nif(!window.jQuery) alert(\"The important jQuery library is not properly loaded in your site. Your WordPress theme is probably missing the essential wp_head() call. You can switch to another theme and you will see that the plugin works fine and this notice disappears. If you are still not sure what to do you can contact us for help.\");\n});\n<\/script>  \n  \n<div  id=\"watupro_quiz\" class=\"quiz-area single-page-quiz\">\n<p id=\"submittingExam5856\" style=\"display:none;text-align:center;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/img\/loading.gif\" width=\"16\" height=\"16\"><\/p>\n\n<div class=\"watupro-exam-description\" id=\"description-quiz-5856\"><\/div>\n\n<form action=\"\" method=\"post\" class=\"quiz-form\" id=\"quiz-5856\"  enctype=\"multipart\/form-data\" >\n<div class='watu-question ' id='question-1' style=';'><div id='questionWrap-1'  class='   watupro-question-id-198674'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>1. <\/span>Section B (2 Mark) <br \/>\r<br>Rakhi purchased a piece of land on 25-4-1979 for Rs.80000. This land was sold by him on 23-12-2011 for Rs.1250000. The market value of the land as on 1-4-1981 was Rs.98000. Expenses on transfer were 1.5% of the sale price. Compute the capital gain for the assessment year 2012-13. [CII-12-13: 852,11-12: 785,10-11:711]<\/div><input type='hidden' name='question_id[]' id='qID_1' value='198674' \/><input type='hidden' id='answerType198674' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198674[]' id='answer-id-796598' class='answer   answerof-198674 ' value='796598'   \/><label for='answer-id-796598' id='answer-label-796598' class=' answer'><span>562506<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198674[]' id='answer-id-796599' class='answer   answerof-198674 ' value='796599'   \/><label for='answer-id-796599' id='answer-label-796599' class=' answer'><span>461950<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198674[]' id='answer-id-796600' class='answer   answerof-198674 ' value='796600'   \/><label for='answer-id-796600' id='answer-label-796600' class=' answer'><span>539980<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198674[]' id='answer-id-796601' class='answer   answerof-198674 ' value='796601'   \/><label for='answer-id-796601' id='answer-label-796601' class=' answer'><span>710020<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-2' style=';'><div id='questionWrap-2'  class='   watupro-question-id-198675'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>2. <\/span>Section A (1 Mark) <br \/>\r<br>Which of the following is classified as passive income in US?<\/div><input type='hidden' name='question_id[]' id='qID_2' value='198675' \/><input type='hidden' id='answerType198675' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198675[]' id='answer-id-796602' class='answer   answerof-198675 ' value='796602'   \/><label for='answer-id-796602' id='answer-label-796602' class=' answer'><span>Bonus income<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198675[]' id='answer-id-796603' class='answer   answerof-198675 ' value='796603'   \/><label for='answer-id-796603' id='answer-label-796603' class=' answer'><span>Gain on the sale of real estate<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198675[]' id='answer-id-796604' class='answer   answerof-198675 ' value='796604'   \/><label for='answer-id-796604' id='answer-label-796604' class=' answer'><span>Interest income<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198675[]' id='answer-id-796605' class='answer   answerof-198675 ' value='796605'   \/><label for='answer-id-796605' id='answer-label-796605' class=' answer'><span>Income from a limited partnership<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-3' style=';'><div id='questionWrap-3'  class='   watupro-question-id-198676'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>3. <\/span>Section B (2 Mark) <br \/>\r<br>Eric, who has lived in the Netherlands for the whole of his life, arrives in the UK on 1 June 2011 and remains in the UK until 31 December 2011, when he returns permanently to the Netherlands. <br \/>\r<br>His UK residence status for 2011-12 is:<\/div><input type='hidden' name='question_id[]' id='qID_3' value='198676' \/><input type='hidden' id='answerType198676' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198676[]' id='answer-id-796606' class='answer   answerof-198676 ' value='796606'   \/><label for='answer-id-796606' id='answer-label-796606' class=' answer'><span>Resident and ordinarily resident<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198676[]' id='answer-id-796607' class='answer   answerof-198676 ' value='796607'   \/><label for='answer-id-796607' id='answer-label-796607' class=' answer'><span>Resident but not ordinarily resident<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198676[]' id='answer-id-796608' class='answer   answerof-198676 ' value='796608'   \/><label for='answer-id-796608' id='answer-label-796608' class=' answer'><span>Ordinarily resident but not resident<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198676[]' id='answer-id-796609' class='answer   answerof-198676 ' value='796609'   \/><label for='answer-id-796609' id='answer-label-796609' class=' answer'><span>Neither resident nor ordinarily resident<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-4' style=';'><div id='questionWrap-4'  class='   watupro-question-id-198677'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>4. <\/span>Section A (1 Mark) <br \/>\r<br>The __________ is NOT a market anomaly.<\/div><input type='hidden' name='question_id[]' id='qID_4' value='198677' \/><input type='hidden' id='answerType198677' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198677[]' id='answer-id-796610' class='answer   answerof-198677 ' value='796610'   \/><label for='answer-id-796610' id='answer-label-796610' class=' answer'><span>size effect<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198677[]' id='answer-id-796611' class='answer   answerof-198677 ' value='796611'   \/><label for='answer-id-796611' id='answer-label-796611' class=' answer'><span>January effect<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198677[]' id='answer-id-796612' class='answer   answerof-198677 ' value='796612'   \/><label for='answer-id-796612' id='answer-label-796612' class=' answer'><span>earnings announcement anomaly<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198677[]' id='answer-id-796613' class='answer   answerof-198677 ' value='796613'   \/><label for='answer-id-796613' id='answer-label-796613' class=' answer'><span>accounting changes effect<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-5' style=';'><div id='questionWrap-5'  class='   watupro-question-id-198678'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>5. <\/span>Section A (1 Mark) <br \/>\r<br>NSSO stands for ____________<\/div><input type='hidden' name='question_id[]' id='qID_5' value='198678' \/><input type='hidden' id='answerType198678' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198678[]' id='answer-id-796614' class='answer   answerof-198678 ' value='796614'   \/><label for='answer-id-796614' id='answer-label-796614' class=' answer'><span>National Security Space Office<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198678[]' id='answer-id-796615' class='answer   answerof-198678 ' value='796615'   \/><label for='answer-id-796615' id='answer-label-796615' class=' answer'><span>National Shared Services Organization<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198678[]' id='answer-id-796616' class='answer   answerof-198678 ' value='796616'   \/><label for='answer-id-796616' id='answer-label-796616' class=' answer'><span>National Sample Survey Organization<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198678[]' id='answer-id-796617' class='answer   answerof-198678 ' value='796617'   \/><label for='answer-id-796617' id='answer-label-796617' class=' answer'><span>None of the above<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-6' style=';'><div id='questionWrap-6'  class='   watupro-question-id-198679'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>6. <\/span>Section A (1 Mark) <br \/>\r<br>When markets are in equilibrium, the CML will be upward sloping<\/div><input type='hidden' name='question_id[]' id='qID_6' value='198679' \/><input type='hidden' id='answerType198679' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198679[]' id='answer-id-796618' class='answer   answerof-198679 ' value='796618'   \/><label for='answer-id-796618' id='answer-label-796618' class=' answer'><span>Because it shows the optimum combination of risky securities.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198679[]' id='answer-id-796619' class='answer   answerof-198679 ' value='796619'   \/><label for='answer-id-796619' id='answer-label-796619' class=' answer'><span>Because the price of risk must always be positive.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198679[]' id='answer-id-796620' class='answer   answerof-198679 ' value='796620'   \/><label for='answer-id-796620' id='answer-label-796620' class=' answer'><span>Because it contains all securities weighted by their market values.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198679[]' id='answer-id-796621' class='answer   answerof-198679 ' value='796621'   \/><label for='answer-id-796621' id='answer-label-796621' class=' answer'><span>Because the CML indicates the required return for each portfolio risk level.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-7' style=';'><div id='questionWrap-7'  class='   watupro-question-id-198680'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>7. <\/span>Section B (2 Mark) <br \/>\r<br>Lucy purchased a rental house a few years ago for $100,000. Total depreciation to date is $35,000. In the current year, she sells the house for $155,000 and pays $10,000 selling expenses. Calculate Lucy's gain on the sale.<\/div><input type='hidden' name='question_id[]' id='qID_7' value='198680' \/><input type='hidden' id='answerType198680' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198680[]' id='answer-id-796622' class='answer   answerof-198680 ' value='796622'   \/><label for='answer-id-796622' id='answer-label-796622' class=' answer'><span>$80,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198680[]' id='answer-id-796623' class='answer   answerof-198680 ' value='796623'   \/><label for='answer-id-796623' id='answer-label-796623' class=' answer'><span>$55,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198680[]' id='answer-id-796624' class='answer   answerof-198680 ' value='796624'   \/><label for='answer-id-796624' id='answer-label-796624' class=' answer'><span>$45,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198680[]' id='answer-id-796625' class='answer   answerof-198680 ' value='796625'   \/><label for='answer-id-796625' id='answer-label-796625' class=' answer'><span>$42,000<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-8' style=';'><div id='questionWrap-8'  class='   watupro-question-id-198681'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>8. <\/span>Section C (4 Mark) <br \/>\r<br>Read the senario and answer to the question. <br \/>\r<br>Compute Expanded Liquidity Ratio before his retirement as (beginning of October 2007) and find out for how many months of expenses, his liquid assets are sufficient enough to cover?<\/div><input type='hidden' name='question_id[]' id='qID_8' value='198681' \/><input type='hidden' id='answerType198681' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198681[]' id='answer-id-796626' class='answer   answerof-198681 ' value='796626'   \/><label for='answer-id-796626' id='answer-label-796626' class=' answer'><span>44.26<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198681[]' id='answer-id-796627' class='answer   answerof-198681 ' value='796627'   \/><label for='answer-id-796627' id='answer-label-796627' class=' answer'><span>47.73<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198681[]' id='answer-id-796628' class='answer   answerof-198681 ' value='796628'   \/><label for='answer-id-796628' id='answer-label-796628' class=' answer'><span>49.85<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198681[]' id='answer-id-796629' class='answer   answerof-198681 ' value='796629'   \/><label for='answer-id-796629' id='answer-label-796629' class=' answer'><span>50.44<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-9' style=';'><div id='questionWrap-9'  class='   watupro-question-id-198682'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>9. <\/span>Section C (4 Mark) <br \/>\r<br>Zoya Ltd has the following Balance sheet for FY 2005-2006: <br \/>\r<br><br><img decoding=\"async\" width=464 height=303 src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/uploads\/2021\/10\/image001-40.jpg\"><br><br \/>\r<br>The Total Sales for the year was Rs. 6,00,000. <br \/>\r<br>The company president believes the company carries excess inventory. Accordingly he wants the inventory turnover ratio to be 8x and would use the freed up cash to reduce current liabilities. <br \/>\r<br>If the company follows the president\u2019s recommendation and sales remain the same, the new quick ratio would be:<\/div><input type='hidden' name='question_id[]' id='qID_9' value='198682' \/><input type='hidden' id='answerType198682' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198682[]' id='answer-id-796630' class='answer   answerof-198682 ' value='796630'   \/><label for='answer-id-796630' id='answer-label-796630' class=' answer'><span>2.4<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198682[]' id='answer-id-796631' class='answer   answerof-198682 ' value='796631'   \/><label for='answer-id-796631' id='answer-label-796631' class=' answer'><span>3<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198682[]' id='answer-id-796632' class='answer   answerof-198682 ' value='796632'   \/><label for='answer-id-796632' id='answer-label-796632' class=' answer'><span>4.5<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198682[]' id='answer-id-796633' class='answer   answerof-198682 ' value='796633'   \/><label for='answer-id-796633' id='answer-label-796633' class=' answer'><span>1.2<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-10' style=';'><div id='questionWrap-10'  class='   watupro-question-id-198683'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>10. <\/span>Section A (1 Mark) <br \/>\r<br>A company making an IPO can avail which of the following option?<\/div><input type='hidden' name='question_id[]' id='qID_10' value='198683' \/><input type='hidden' id='answerType198683' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198683[]' id='answer-id-796634' class='answer   answerof-198683 ' value='796634'   \/><label for='answer-id-796634' id='answer-label-796634' class=' answer'><span>Differential Pricing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198683[]' id='answer-id-796635' class='answer   answerof-198683 ' value='796635'   \/><label for='answer-id-796635' id='answer-label-796635' class=' answer'><span>Price band<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198683[]' id='answer-id-796636' class='answer   answerof-198683 ' value='796636'   \/><label for='answer-id-796636' id='answer-label-796636' class=' answer'><span>Green-shoe<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198683[]' id='answer-id-796637' class='answer   answerof-198683 ' value='796637'   \/><label for='answer-id-796637' id='answer-label-796637' class=' answer'><span>All of the above<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-11' style=';'><div id='questionWrap-11'  class='   watupro-question-id-198684'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>11. <\/span>Section A (1 Mark) <br \/>\r<br>Which of the following is true regarding the resistance level?<\/div><input type='hidden' name='question_id[]' id='qID_11' value='198684' \/><input type='hidden' id='answerType198684' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198684[]' id='answer-id-796638' class='answer   answerof-198684 ' value='796638'   \/><label for='answer-id-796638' id='answer-label-796638' class=' answer'><span>Resistance levels tend to develop due to profit taking.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198684[]' id='answer-id-796639' class='answer   answerof-198684 ' value='796639'   \/><label for='answer-id-796639' id='answer-label-796639' class=' answer'><span>It is the level at which a significant decrease in demand is expected.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198684[]' id='answer-id-796640' class='answer   answerof-198684 ' value='796640'   \/><label for='answer-id-796640' id='answer-label-796640' class=' answer'><span>It is the level at which a significant increase in supply is expected.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198684[]' id='answer-id-796641' class='answer   answerof-198684 ' value='796641'   \/><label for='answer-id-796641' id='answer-label-796641' class=' answer'><span>Resistance levels usually develop after a stock reaches a new low.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-12' style=';'><div id='questionWrap-12'  class='   watupro-question-id-198685'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>12. <\/span>Section A (1 Mark) <br \/>\r<br>Endorsements modify<\/div><input type='hidden' name='question_id[]' id='qID_12' value='198685' \/><input type='hidden' id='answerType198685' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198685[]' id='answer-id-796642' class='answer   answerof-198685 ' value='796642'   \/><label for='answer-id-796642' id='answer-label-796642' class=' answer'><span>Life &amp; Health Insurance contracts<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198685[]' id='answer-id-796643' class='answer   answerof-198685 ' value='796643'   \/><label for='answer-id-796643' id='answer-label-796643' class=' answer'><span>Property &amp; Liability Insurance contracts<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198685[]' id='answer-id-796644' class='answer   answerof-198685 ' value='796644'   \/><label for='answer-id-796644' id='answer-label-796644' class=' answer'><span>Both of the above<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198685[]' id='answer-id-796645' class='answer   answerof-198685 ' value='796645'   \/><label for='answer-id-796645' id='answer-label-796645' class=' answer'><span>None of the above<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-13' style=';'><div id='questionWrap-13'  class='   watupro-question-id-198686'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>13. <\/span>Section B (2 Mark) <br \/>\r<br>Asset allocation policy <br \/>\r<br><br><img decoding=\"async\" width=446 height=144 src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/uploads\/2021\/10\/image002-39.jpg\"><br><\/div><input type='hidden' name='question_id[]' id='qID_13' value='198686' \/><input type='hidden' id='answerType198686' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198686[]' id='answer-id-796646' class='answer   answerof-198686 ' value='796646'   \/><label for='answer-id-796646' id='answer-label-796646' class=' answer'><span>I and II<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198686[]' id='answer-id-796647' class='answer   answerof-198686 ' value='796647'   \/><label for='answer-id-796647' id='answer-label-796647' class=' answer'><span>I and III<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198686[]' id='answer-id-796648' class='answer   answerof-198686 ' value='796648'   \/><label for='answer-id-796648' id='answer-label-796648' class=' answer'><span>II and III<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198686[]' id='answer-id-796649' class='answer   answerof-198686 ' value='796649'   \/><label for='answer-id-796649' id='answer-label-796649' class=' answer'><span>None of the above<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-14' style=';'><div id='questionWrap-14'  class='   watupro-question-id-198687'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>14. <\/span>Section A (1 Mark) <br \/>\r<br>The difference between the cash price and the futures price on the same asset or commodity is known as the<\/div><input type='hidden' name='question_id[]' id='qID_14' value='198687' \/><input type='hidden' id='answerType198687' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198687[]' id='answer-id-796650' class='answer   answerof-198687 ' value='796650'   \/><label for='answer-id-796650' id='answer-label-796650' class=' answer'><span>Basis<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198687[]' id='answer-id-796651' class='answer   answerof-198687 ' value='796651'   \/><label for='answer-id-796651' id='answer-label-796651' class=' answer'><span>Spread<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198687[]' id='answer-id-796652' class='answer   answerof-198687 ' value='796652'   \/><label for='answer-id-796652' id='answer-label-796652' class=' answer'><span>Yield spread<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198687[]' id='answer-id-796653' class='answer   answerof-198687 ' value='796653'   \/><label for='answer-id-796653' id='answer-label-796653' class=' answer'><span>Premium<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-15' style=';'><div id='questionWrap-15'  class='   watupro-question-id-198688'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>15. <\/span>Section C (4 Mark) <br \/>\r<br>Puspinder Singh Ahluwalia took a housing loan on 1st. of June 2009 (EMI in arrear) of Rs. 50 lacs at a ROI of 10.75% p.a. compounded monthly for 12 years. He wants to know the deduction in taxable income he can claim u\/s 24 of the IT act for the FY 2011 -12<\/div><input type='hidden' name='question_id[]' id='qID_15' value='198688' \/><input type='hidden' id='answerType198688' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198688[]' id='answer-id-796654' class='answer   answerof-198688 ' value='796654'   \/><label for='answer-id-796654' id='answer-label-796654' class=' answer'><span>480178<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198688[]' id='answer-id-796655' class='answer   answerof-198688 ' value='796655'   \/><label for='answer-id-796655' id='answer-label-796655' class=' answer'><span>150000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198688[]' id='answer-id-796656' class='answer   answerof-198688 ' value='796656'   \/><label for='answer-id-796656' id='answer-label-796656' class=' answer'><span>330178<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198688[]' id='answer-id-796657' class='answer   answerof-198688 ' value='796657'   \/><label for='answer-id-796657' id='answer-label-796657' class=' answer'><span>125000<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-16' style=';'><div id='questionWrap-16'  class='   watupro-question-id-198689'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>16. <\/span>Section A (1 Mark) <br \/>\r<br>In US which group is unlikely to support tax limitations?<\/div><input type='hidden' name='question_id[]' id='qID_16' value='198689' \/><input type='hidden' id='answerType198689' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198689[]' id='answer-id-796658' class='answer   answerof-198689 ' value='796658'   \/><label for='answer-id-796658' id='answer-label-796658' class=' answer'><span>People who benefit from government spending<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198689[]' id='answer-id-796659' class='answer   answerof-198689 ' value='796659'   \/><label for='answer-id-796659' id='answer-label-796659' class=' answer'><span>People whose tax burdens are heaviest<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198689[]' id='answer-id-796660' class='answer   answerof-198689 ' value='796660'   \/><label for='answer-id-796660' id='answer-label-796660' class=' answer'><span>People who think government wastes a lot of money<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198689[]' id='answer-id-796661' class='answer   answerof-198689 ' value='796661'   \/><label for='answer-id-796661' id='answer-label-796661' class=' answer'><span>Conservatives and Republicans<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-17' style=';'><div id='questionWrap-17'  class='   watupro-question-id-198690'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>17. <\/span>Section B (2 Mark) <br \/>\r<br>There are three stocks, A, B, and <br \/>\r<br>C. You can either invest in these stocks or short sell them. There are three possible states of nature for economic growth in the upcoming year; economic growth may be strong, moderate, or weak. <br \/>\r<br>The returns for the upcoming year on stocks A, B, and C for each of these states of nature are given below: <br \/>\r<br><br><img decoding=\"async\" width=450 height=198 src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/uploads\/2021\/10\/image003-38.jpg\"><br><br \/>\r<br>If you invested in an equally weighted portfolio of stocks A and B, your portfolio return would be ___________ if economic growth were moderate.<\/div><input type='hidden' name='question_id[]' id='qID_17' value='198690' \/><input type='hidden' id='answerType198690' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198690[]' id='answer-id-796662' class='answer   answerof-198690 ' value='796662'   \/><label for='answer-id-796662' id='answer-label-796662' class=' answer'><span>3.00%<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198690[]' id='answer-id-796663' class='answer   answerof-198690 ' value='796663'   \/><label for='answer-id-796663' id='answer-label-796663' class=' answer'><span>14.50%<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198690[]' id='answer-id-796664' class='answer   answerof-198690 ' value='796664'   \/><label for='answer-id-796664' id='answer-label-796664' class=' answer'><span>15.50%<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198690[]' id='answer-id-796665' class='answer   answerof-198690 ' value='796665'   \/><label for='answer-id-796665' id='answer-label-796665' class=' answer'><span>16.00%<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-18' style=';'><div id='questionWrap-18'  class='   watupro-question-id-198691'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>18. <\/span>Section B (2 Mark) <br \/>\r<br>As a CWM you are considering the following bond for inclusion in the fixed income portfolio of your client: <br \/>\r<br><br><img decoding=\"async\" width=389 height=121 src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/uploads\/2021\/10\/image004-33.jpg\"><br><br \/>\r<br>What will be the duration of this bond? and What will be the effect of the changes on the duration of the bond if the coupon rate is 6% rather than 9%?<\/div><input type='hidden' name='question_id[]' id='qID_18' value='198691' \/><input type='hidden' id='answerType198691' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198691[]' id='answer-id-796666' class='answer   answerof-198691 ' value='796666'   \/><label for='answer-id-796666' id='answer-label-796666' class=' answer'><span>8 years, Increase<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198691[]' id='answer-id-796667' class='answer   answerof-198691 ' value='796667'   \/><label for='answer-id-796667' id='answer-label-796667' class=' answer'><span>7.33 years, Decrease<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198691[]' id='answer-id-796668' class='answer   answerof-198691 ' value='796668'   \/><label for='answer-id-796668' id='answer-label-796668' class=' answer'><span>6.031 years, Increase<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198691[]' id='answer-id-796669' class='answer   answerof-198691 ' value='796669'   \/><label for='answer-id-796669' id='answer-label-796669' class=' answer'><span>7.012 Years, Decrease<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-19' style=';'><div id='questionWrap-19'  class='   watupro-question-id-198692'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>19. <\/span>Section A (1 Mark) <br \/>\r<br>For claiming exemption u\/s 54G, the assessed shall acquire the new asset within:<\/div><input type='hidden' name='question_id[]' id='qID_19' value='198692' \/><input type='hidden' id='answerType198692' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198692[]' id='answer-id-796670' class='answer   answerof-198692 ' value='796670'   \/><label for='answer-id-796670' id='answer-label-796670' class=' answer'><span>2 years from the date of transfer<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198692[]' id='answer-id-796671' class='answer   answerof-198692 ' value='796671'   \/><label for='answer-id-796671' id='answer-label-796671' class=' answer'><span>3 years from the date of transfer<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198692[]' id='answer-id-796672' class='answer   answerof-198692 ' value='796672'   \/><label for='answer-id-796672' id='answer-label-796672' class=' answer'><span>one year before or 2 years after the date of transfer<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198692[]' id='answer-id-796673' class='answer   answerof-198692 ' value='796673'   \/><label for='answer-id-796673' id='answer-label-796673' class=' answer'><span>one year before or 3 years from the date of transfer<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-20' style=';'><div id='questionWrap-20'  class='   watupro-question-id-198693'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>20. <\/span>Section A (1 Mark) <br \/>\r<br>Manav saves Rs. 20,000\/- a year for 5 years and Rs. 30,000\/- a year for 10 years thereafter. <br \/>\r<br>What will be the total amount in his account after 15 years, if ROI is 10 % per annum?<\/div><input type='hidden' name='question_id[]' id='qID_20' value='198693' \/><input type='hidden' id='answerType198693' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198693[]' id='answer-id-796674' class='answer   answerof-198693 ' value='796674'   \/><label for='answer-id-796674' id='answer-label-796674' class=' answer'><span>784823.87<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198693[]' id='answer-id-796675' class='answer   answerof-198693 ' value='796675'   \/><label for='answer-id-796675' id='answer-label-796675' class=' answer'><span>694823.87<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198693[]' id='answer-id-796676' class='answer   answerof-198693 ' value='796676'   \/><label for='answer-id-796676' id='answer-label-796676' class=' answer'><span>894823.87<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198693[]' id='answer-id-796677' class='answer   answerof-198693 ' value='796677'   \/><label for='answer-id-796677' id='answer-label-796677' class=' answer'><span>794823.87<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-21' style=';'><div id='questionWrap-21'  class='   watupro-question-id-198694'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>21. <\/span>Section B (2 Mark) <br \/>\r<br>You write one XYZ February 50 put for a premium of Rs5. Ignoring transactions costs, what is the breakeven price of this position?<\/div><input type='hidden' name='question_id[]' id='qID_21' value='198694' \/><input type='hidden' id='answerType198694' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198694[]' id='answer-id-796678' class='answer   answerof-198694 ' value='796678'   \/><label for='answer-id-796678' id='answer-label-796678' class=' answer'><span>Rs. 50<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198694[]' id='answer-id-796679' class='answer   answerof-198694 ' value='796679'   \/><label for='answer-id-796679' id='answer-label-796679' class=' answer'><span>Rs. 55<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198694[]' id='answer-id-796680' class='answer   answerof-198694 ' value='796680'   \/><label for='answer-id-796680' id='answer-label-796680' class=' answer'><span>Rs. 45<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198694[]' id='answer-id-796681' class='answer   answerof-198694 ' value='796681'   \/><label for='answer-id-796681' id='answer-label-796681' class=' answer'><span>Rs. 40<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-22' style=';'><div id='questionWrap-22'  class='   watupro-question-id-198695'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>22. <\/span>Section C (4 Mark) <br \/>\r<br>The returns of 2 shares are as follows <br \/>\r<br><br><img decoding=\"async\" width=440 height=266 src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/uploads\/2021\/10\/image005-31.jpg\"><br><br \/>\r<br>Calculate the covariance of returns.<\/div><input type='hidden' name='question_id[]' id='qID_22' value='198695' \/><input type='hidden' id='answerType198695' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198695[]' id='answer-id-796682' class='answer   answerof-198695 ' value='796682'   \/><label for='answer-id-796682' id='answer-label-796682' class=' answer'><span>220.32<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198695[]' id='answer-id-796683' class='answer   answerof-198695 ' value='796683'   \/><label for='answer-id-796683' id='answer-label-796683' class=' answer'><span>C420.11<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198695[]' id='answer-id-796684' class='answer   answerof-198695 ' value='796684'   \/><label for='answer-id-796684' id='answer-label-796684' class=' answer'><span>162.08<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198695[]' id='answer-id-796685' class='answer   answerof-198695 ' value='796685'   \/><label for='answer-id-796685' id='answer-label-796685' class=' answer'><span>270.36<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-23' style=';'><div id='questionWrap-23'  class='   watupro-question-id-198696'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>23. <\/span>Section A (1 Mark) <br \/>\r<br>Conclusions about technical analysis suggest that:<\/div><input type='hidden' name='question_id[]' id='qID_23' value='198696' \/><input type='hidden' id='answerType198696' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198696[]' id='answer-id-796686' class='answer   answerof-198696 ' value='796686'   \/><label for='answer-id-796686' id='answer-label-796686' class=' answer'><span>It is difficult to justify technical analysis<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198696[]' id='answer-id-796687' class='answer   answerof-198696 ' value='796687'   \/><label for='answer-id-796687' id='answer-label-796687' class=' answer'><span>It has been found to be completely deficient<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198696[]' id='answer-id-796688' class='answer   answerof-198696 ' value='796688'   \/><label for='answer-id-796688' id='answer-label-796688' class=' answer'><span>Stock price movements repeat themselves constantly<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198696[]' id='answer-id-796689' class='answer   answerof-198696 ' value='796689'   \/><label for='answer-id-796689' id='answer-label-796689' class=' answer'><span>There is complete agreement about the interpretation of technical signals<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-24' style=';'><div id='questionWrap-24'  class='   watupro-question-id-198697'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>24. <\/span>Section A (1 Mark) <br \/>\r<br>Which of the following is true regarding the resistance level?<\/div><input type='hidden' name='question_id[]' id='qID_24' value='198697' \/><input type='hidden' id='answerType198697' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198697[]' id='answer-id-796690' class='answer   answerof-198697 ' value='796690'   \/><label for='answer-id-796690' id='answer-label-796690' class=' answer'><span>It tends to develop due to profit taking.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198697[]' id='answer-id-796691' class='answer   answerof-198697 ' value='796691'   \/><label for='answer-id-796691' id='answer-label-796691' class=' answer'><span>It is the level at which a significant decrease in demand is expected.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198697[]' id='answer-id-796692' class='answer   answerof-198697 ' value='796692'   \/><label for='answer-id-796692' id='answer-label-796692' class=' answer'><span>It is the level at which a significant increase in supply is expected.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198697[]' id='answer-id-796693' class='answer   answerof-198697 ' value='796693'   \/><label for='answer-id-796693' id='answer-label-796693' class=' answer'><span>It usually develops after a stock reaches a new low.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-25' style=';'><div id='questionWrap-25'  class='   watupro-question-id-198698'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>25. <\/span>Section B (2 Mark) <br \/>\r<br>Mr. Jatin is a single forty nine year-old pharmaceutical executive earningRs25,00,000 per year. He lives extravagantly, occasionally spending more than his income, but has saved approximately Rs. 15,00,000. His primary investment goal is to donate Rs30,00,000 to his alma mater, but cannot obtain life insurance. Mr. Jatin exhibits the following biases: <br \/>\r<br><br><img decoding=\"async\" width=462 height=160 src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/uploads\/2021\/10\/image006-28.jpg\"><br><\/div><input type='hidden' name='question_id[]' id='qID_25' value='198698' \/><input type='hidden' id='answerType198698' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198698[]' id='answer-id-796694' class='answer   answerof-198698 ' value='796694'   \/><label for='answer-id-796694' id='answer-label-796694' class=' answer'><span>I and II<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198698[]' id='answer-id-796695' class='answer   answerof-198698 ' value='796695'   \/><label for='answer-id-796695' id='answer-label-796695' class=' answer'><span>I and III<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198698[]' id='answer-id-796696' class='answer   answerof-198698 ' value='796696'   \/><label for='answer-id-796696' id='answer-label-796696' class=' answer'><span>III and IV<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198698[]' id='answer-id-796697' class='answer   answerof-198698 ' value='796697'   \/><label for='answer-id-796697' id='answer-label-796697' class=' answer'><span>I, II and III<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-26' style=';'><div id='questionWrap-26'  class='   watupro-question-id-198699'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>26. <\/span>Section C (4 Mark) <br \/>\r<br>Read the senario and answer to the question. <br \/>\r<br>Pallavi\u2019s marriage is expected by the end of December, 2010 with an expected present cost of Rs. 24,00,000. He is expected to realize from his Tatanagar Flat 18, 00,000 by that time. Calculate what additional amount is required for his daughter\u2019s marriage. <br \/>\r<br>With 8% pa. risk free rate compounding monthly what amount he has to save per month (BEGIN) in a debt fund?<\/div><input type='hidden' name='question_id[]' id='qID_26' value='198699' \/><input type='hidden' id='answerType198699' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198699[]' id='answer-id-796698' class='answer   answerof-198699 ' value='796698'   \/><label for='answer-id-796698' id='answer-label-796698' class=' answer'><span>Rs. 2,27,367 Rs. 7,663<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198699[]' id='answer-id-796699' class='answer   answerof-198699 ' value='796699'   \/><label for='answer-id-796699' id='answer-label-796699' class=' answer'><span>Rs. 3,83,365 Rs. 9,815<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198699[]' id='answer-id-796700' class='answer   answerof-198699 ' value='796700'   \/><label for='answer-id-796700' id='answer-label-796700' class=' answer'><span>Rs. 4,12,245 Rs. 8,615<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198699[]' id='answer-id-796701' class='answer   answerof-198699 ' value='796701'   \/><label for='answer-id-796701' id='answer-label-796701' class=' answer'><span>Rs. 3,45,458 Rs. 11,363<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-27' style=';'><div id='questionWrap-27'  class='   watupro-question-id-198700'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>27. <\/span>Section B (2 Mark) <br \/>\r<br>Amount of liability of payment of gratuity is calculated at the rate of<\/div><input type='hidden' name='question_id[]' id='qID_27' value='198700' \/><input type='hidden' id='answerType198700' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198700[]' id='answer-id-796702' class='answer   answerof-198700 ' value='796702'   \/><label for='answer-id-796702' id='answer-label-796702' class=' answer'><span>One month\u2019s wage for each completed year of service<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198700[]' id='answer-id-796703' class='answer   answerof-198700 ' value='796703'   \/><label for='answer-id-796703' id='answer-label-796703' class=' answer'><span>20days wages for each completed year of service<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198700[]' id='answer-id-796704' class='answer   answerof-198700 ' value='796704'   \/><label for='answer-id-796704' id='answer-label-796704' class=' answer'><span>Half a month\u2019s wage for each completed year of service<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198700[]' id='answer-id-796705' class='answer   answerof-198700 ' value='796705'   \/><label for='answer-id-796705' id='answer-label-796705' class=' answer'><span>15 day\u2019s wage for each completed year of service<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-28' style=';'><div id='questionWrap-28'  class='   watupro-question-id-198701'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>28. <\/span>Section B (2 Mark) <br \/>\r<br>Mr. L Singh used machinery in his business. This is the only asset in the block. 20% of the usage is for personal purposes. The WDV of the block as on 31.3.2011 is \u2015<\/div><input type='hidden' name='question_id[]' id='qID_28' value='198701' \/><input type='hidden' id='answerType198701' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198701[]' id='answer-id-796706' class='answer   answerof-198701 ' value='796706'   \/><label for='answer-id-796706' id='answer-label-796706' class=' answer'><span>Rs. 2,70,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198701[]' id='answer-id-796707' class='answer   answerof-198701 ' value='796707'   \/><label for='answer-id-796707' id='answer-label-796707' class=' answer'><span>Rs. 2,55,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198701[]' id='answer-id-796708' class='answer   answerof-198701 ' value='796708'   \/><label for='answer-id-796708' id='answer-label-796708' class=' answer'><span>Rs. 2,10,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198701[]' id='answer-id-796709' class='answer   answerof-198701 ' value='796709'   \/><label for='answer-id-796709' id='answer-label-796709' class=' answer'><span>None of the above.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-29' style=';'><div id='questionWrap-29'  class='   watupro-question-id-198702'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>29. <\/span>Section B (2 Mark) <br \/>\r<br>Mrs. Sharma, a 40-year-old widow, has an 8-year-old son. Her current savings are not adequate to provide for her son\u2019s post graduate studies, however she will be able to save for it by the time he finishes graduation i.e. when he is 20 years old. Mortality tables indicate that her life expectancy is another 30 years. <br \/>\r<br>Which one of the following is true?<\/div><input type='hidden' name='question_id[]' id='qID_29' value='198702' \/><input type='hidden' id='answerType198702' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198702[]' id='answer-id-796710' class='answer   answerof-198702 ' value='796710'   \/><label for='answer-id-796710' id='answer-label-796710' class=' answer'><span>She needs to insure her life for 12 years<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198702[]' id='answer-id-796711' class='answer   answerof-198702 ' value='796711'   \/><label for='answer-id-796711' id='answer-label-796711' class=' answer'><span>She does not need to insure her life<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198702[]' id='answer-id-796712' class='answer   answerof-198702 ' value='796712'   \/><label for='answer-id-796712' id='answer-label-796712' class=' answer'><span>She needs to insure her life for 30 years<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198702[]' id='answer-id-796713' class='answer   answerof-198702 ' value='796713'   \/><label for='answer-id-796713' id='answer-label-796713' class=' answer'><span>She needs to insure her son\u2019s life for 30 years<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-30' style=';'><div id='questionWrap-30'  class='   watupro-question-id-198703'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>30. <\/span>Section B (2 Mark) <br \/>\r<br>Manish is thinking of acquiring some shares of ABC. Ltd. <br \/>\r<br>The rate of returns is as follows: <br \/>\r<br><br><img decoding=\"async\" width=424 height=277 src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/uploads\/2021\/10\/image007-26.jpg\"><br><br \/>\r<br>Calculate the variance and the standard deviation<\/div><input type='hidden' name='question_id[]' id='qID_30' value='198703' \/><input type='hidden' id='answerType198703' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198703[]' id='answer-id-796714' class='answer   answerof-198703 ' value='796714'   \/><label for='answer-id-796714' id='answer-label-796714' class=' answer'><span>16, 8<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198703[]' id='answer-id-796715' class='answer   answerof-198703 ' value='796715'   \/><label for='answer-id-796715' id='answer-label-796715' class=' answer'><span>8, 16<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198703[]' id='answer-id-796716' class='answer   answerof-198703 ' value='796716'   \/><label for='answer-id-796716' id='answer-label-796716' class=' answer'><span>7.4, 54.3<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198703[]' id='answer-id-796717' class='answer   answerof-198703 ' value='796717'   \/><label for='answer-id-796717' id='answer-label-796717' class=' answer'><span>35.04, 5.92<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-31' style=';'><div id='questionWrap-31'  class='   watupro-question-id-198704'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>31. <\/span>Section A (1 Mark) <br \/>\r<br>The steps to establishing an investment policy are to state the Pass Your Certification With Marks4sure Guarantee<\/div><input type='hidden' name='question_id[]' id='qID_31' value='198704' \/><input type='hidden' id='answerType198704' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198704[]' id='answer-id-796718' class='answer   answerof-198704 ' value='796718'   \/><label for='answer-id-796718' id='answer-label-796718' class=' answer'><span>Minimum investment and maximum fees.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198704[]' id='answer-id-796719' class='answer   answerof-198704 ' value='796719'   \/><label for='answer-id-796719' id='answer-label-796719' class=' answer'><span>Regulatory guidelines for prudent man investing.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198704[]' id='answer-id-796720' class='answer   answerof-198704 ' value='796720'   \/><label for='answer-id-796720' id='answer-label-796720' class=' answer'><span>Objectives and constraints and preferences.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198704[]' id='answer-id-796721' class='answer   answerof-198704 ' value='796721'   \/><label for='answer-id-796721' id='answer-label-796721' class=' answer'><span>Asset allocation parameters and time horizons.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-32' style=';'><div id='questionWrap-32'  class='   watupro-question-id-198705'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>32. <\/span>Section A (1 Mark) <br \/>\r<br>Every employer is obliged to ensure that his employees get a safe and secure workplace. In relation to the risks arising in the workplace which affects the employees, cover is provided through<\/div><input type='hidden' name='question_id[]' id='qID_32' value='198705' \/><input type='hidden' id='answerType198705' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198705[]' id='answer-id-796722' class='answer   answerof-198705 ' value='796722'   \/><label for='answer-id-796722' id='answer-label-796722' class=' answer'><span>Employees\u2019 Provident fund<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198705[]' id='answer-id-796723' class='answer   answerof-198705 ' value='796723'   \/><label for='answer-id-796723' id='answer-label-796723' class=' answer'><span>Workmen\u2019s compensation insurance<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198705[]' id='answer-id-796724' class='answer   answerof-198705 ' value='796724'   \/><label for='answer-id-796724' id='answer-label-796724' class=' answer'><span>Employees\u2019 group life insurance<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198705[]' id='answer-id-796725' class='answer   answerof-198705 ' value='796725'   \/><label for='answer-id-796725' id='answer-label-796725' class=' answer'><span>Employees\u2019 personal accidents insurance scheme<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-33' style=';'><div id='questionWrap-33'  class='   watupro-question-id-198706'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>33. <\/span>Section B (2 Mark) <br \/>\r<br>As per article 12 Double Taxation Avoidance Agreement with Singapore, Royalties and fees for technical services arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other State. However, such royalties and fees for technical services may also be taxed in the Contracting State in which they arise and according to the laws of that Contracting State, but if the recipient is the beneficial owner of the royalties or fees for technical services, the tax so charged shall not exceed__________ per cent.<\/div><input type='hidden' name='question_id[]' id='qID_33' value='198706' \/><input type='hidden' id='answerType198706' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198706[]' id='answer-id-796726' class='answer   answerof-198706 ' value='796726'   \/><label for='answer-id-796726' id='answer-label-796726' class=' answer'><span>10<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198706[]' id='answer-id-796727' class='answer   answerof-198706 ' value='796727'   \/><label for='answer-id-796727' id='answer-label-796727' class=' answer'><span>15<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198706[]' id='answer-id-796728' class='answer   answerof-198706 ' value='796728'   \/><label for='answer-id-796728' id='answer-label-796728' class=' answer'><span>20<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198706[]' id='answer-id-796729' class='answer   answerof-198706 ' value='796729'   \/><label for='answer-id-796729' id='answer-label-796729' class=' answer'><span>12<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-34' style=';'><div id='questionWrap-34'  class='   watupro-question-id-198707'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>34. <\/span>Section C (4 Mark) <br \/>\r<br>Consider the following information for three mutual funds: <br \/>\r<br><br><img decoding=\"async\" width=446 height=160 src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/uploads\/2021\/10\/image008-25.jpg\"><br><br \/>\r<br>Market Return 10% <br \/>\r<br>Risk free return is 7%. <br \/>\r<br>Calculate Jensen measure (%).<\/div><input type='hidden' name='question_id[]' id='qID_34' value='198707' \/><input type='hidden' id='answerType198707' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198707[]' id='answer-id-796730' class='answer   answerof-198707 ' value='796730'   \/><label for='answer-id-796730' id='answer-label-796730' class=' answer'><span>1.70, 5.30, 3.40<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198707[]' id='answer-id-796731' class='answer   answerof-198707 ' value='796731'   \/><label for='answer-id-796731' id='answer-label-796731' class=' answer'><span>2.25, 3.78, 4.65<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198707[]' id='answer-id-796732' class='answer   answerof-198707 ' value='796732'   \/><label for='answer-id-796732' id='answer-label-796732' class=' answer'><span>4.35, 3.78, 2.53<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198707[]' id='answer-id-796733' class='answer   answerof-198707 ' value='796733'   \/><label for='answer-id-796733' id='answer-label-796733' class=' answer'><span>3.17, 4.58, 5.78<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-35' style=';'><div id='questionWrap-35'  class='   watupro-question-id-198708'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>35. <\/span>Section A (1 Mark) <br \/>\r<br>Which one of the following statements is incorrect?<\/div><input type='hidden' name='question_id[]' id='qID_35' value='198708' \/><input type='hidden' id='answerType198708' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198708[]' id='answer-id-796734' class='answer   answerof-198708 ' value='796734'   \/><label for='answer-id-796734' id='answer-label-796734' class=' answer'><span>Most hedge fund managers do not have to explain their investment decisions to investors<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198708[]' id='answer-id-796735' class='answer   answerof-198708 ' value='796735'   \/><label for='answer-id-796735' id='answer-label-796735' class=' answer'><span>A hedge fund side pocket prevents the redemption of certain investments which might be difficult to value<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198708[]' id='answer-id-796736' class='answer   answerof-198708 ' value='796736'   \/><label for='answer-id-796736' id='answer-label-796736' class=' answer'><span>Lock-ups in hedge funds prevent the manager from selling any of his investments without express permission from investors<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198708[]' id='answer-id-796737' class='answer   answerof-198708 ' value='796737'   \/><label for='answer-id-796737' id='answer-label-796737' class=' answer'><span>Gates placed on hedge funds limit the amount that can be withdrawn from it in anyone year<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-36' style=';'><div id='questionWrap-36'  class='   watupro-question-id-198709'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>36. <\/span>Section A (1 Mark) <br \/>\r<br>Deduction under section 80QQB is allowed in respect of royalty income to:<\/div><input type='hidden' name='question_id[]' id='qID_36' value='198709' \/><input type='hidden' id='answerType198709' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198709[]' id='answer-id-796738' class='answer   answerof-198709 ' value='796738'   \/><label for='answer-id-796738' id='answer-label-796738' class=' answer'><span>an individual who is an author of a book<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198709[]' id='answer-id-796739' class='answer   answerof-198709 ' value='796739'   \/><label for='answer-id-796739' id='answer-label-796739' class=' answer'><span>an individual who is resident in India and who is an author of a book<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198709[]' id='answer-id-796740' class='answer   answerof-198709 ' value='796740'   \/><label for='answer-id-796740' id='answer-label-796740' class=' answer'><span>an individual who is resident in India who is either an author of a book or a joint author of the book<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198709[]' id='answer-id-796741' class='answer   answerof-198709 ' value='796741'   \/><label for='answer-id-796741' id='answer-label-796741' class=' answer'><span>None of the Above<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-37' style=';'><div id='questionWrap-37'  class='   watupro-question-id-198710'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>37. <\/span>Section A (1 Mark) <br \/>\r<br>A muslim gentleman can leave his will, bequeathing all his properties to someone often than his legal heirs to the extent of\u2026\u2026\u2026\u2026\u2026.<\/div><input type='hidden' name='question_id[]' id='qID_37' value='198710' \/><input type='hidden' id='answerType198710' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198710[]' id='answer-id-796742' class='answer   answerof-198710 ' value='796742'   \/><label for='answer-id-796742' id='answer-label-796742' class=' answer'><span>His wish<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198710[]' id='answer-id-796743' class='answer   answerof-198710 ' value='796743'   \/><label for='answer-id-796743' id='answer-label-796743' class=' answer'><span>A small portion<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198710[]' id='answer-id-796744' class='answer   answerof-198710 ' value='796744'   \/><label for='answer-id-796744' id='answer-label-796744' class=' answer'><span>One third<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198710[]' id='answer-id-796745' class='answer   answerof-198710 ' value='796745'   \/><label for='answer-id-796745' id='answer-label-796745' class=' answer'><span>One half<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-38' style=';'><div id='questionWrap-38'  class='   watupro-question-id-198711'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>38. <\/span>Section B (2 Mark) <br \/>\r<br>Which of the following statements is \/ are correct? <br \/>\r<br><br><img decoding=\"async\" width=454 height=387 src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/uploads\/2021\/10\/image009-24.jpg\"><br><\/div><input type='hidden' name='question_id[]' id='qID_38' value='198711' \/><input type='hidden' id='answerType198711' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198711[]' id='answer-id-796746' class='answer   answerof-198711 ' value='796746'   \/><label for='answer-id-796746' id='answer-label-796746' class=' answer'><span>I, II and III<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198711[]' id='answer-id-796747' class='answer   answerof-198711 ' value='796747'   \/><label for='answer-id-796747' id='answer-label-796747' class=' answer'><span>I, III and IV<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198711[]' id='answer-id-796748' class='answer   answerof-198711 ' value='796748'   \/><label for='answer-id-796748' id='answer-label-796748' class=' answer'><span>II, III and IV<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198711[]' id='answer-id-796749' class='answer   answerof-198711 ' value='796749'   \/><label for='answer-id-796749' id='answer-label-796749' class=' answer'><span>All of the above<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-39' style=';'><div id='questionWrap-39'  class='   watupro-question-id-198712'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>39. <\/span>Section A (1 Mark) <br \/>\r<br>Mr. Rajesh was the owner of an uninsured property. But unfortunately the property caught fire because of which he suffered severe financial losses. <br \/>\r<br>The reason Mr. Rajesh suffered losses as he did not cover:<\/div><input type='hidden' name='question_id[]' id='qID_39' value='198712' \/><input type='hidden' id='answerType198712' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198712[]' id='answer-id-796750' class='answer   answerof-198712 ' value='796750'   \/><label for='answer-id-796750' id='answer-label-796750' class=' answer'><span>The investment risk<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198712[]' id='answer-id-796751' class='answer   answerof-198712 ' value='796751'   \/><label for='answer-id-796751' id='answer-label-796751' class=' answer'><span>The pure risk<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198712[]' id='answer-id-796752' class='answer   answerof-198712 ' value='796752'   \/><label for='answer-id-796752' id='answer-label-796752' class=' answer'><span>The speculative risk<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198712[]' id='answer-id-796753' class='answer   answerof-198712 ' value='796753'   \/><label for='answer-id-796753' id='answer-label-796753' class=' answer'><span>The dynamic risk<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-40' style=';'><div id='questionWrap-40'  class='   watupro-question-id-198713'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>40. <\/span>Section C (4 Mark) <br \/>\r<br>Dab Ltd manufactures, markets, and services automated teller machines. <br \/>\r<br>The following are selected numbers from the financial statements for 1992 and 1993 (in millions): <br \/>\r<br><br><img decoding=\"async\" width=450 height=411 src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/uploads\/2021\/10\/image010-24.jpg\"><br><br \/>\r<br>The firm had capital expenditures of Rs15 million in 1992 and Rs18 million in 1993. The working capital in 1991 was Rs180 million. <br \/>\r<br>Estimate the cash flows to equity in 1992 and 1993. (in Rs Millions)<\/div><input type='hidden' name='question_id[]' id='qID_40' value='198713' \/><input type='hidden' id='answerType198713' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198713[]' id='answer-id-796754' class='answer   answerof-198713 ' value='796754'   \/><label for='answer-id-796754' id='answer-label-796754' class=' answer'><span>45 and (20.5)<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198713[]' id='answer-id-796755' class='answer   answerof-198713 ' value='796755'   \/><label for='answer-id-796755' id='answer-label-796755' class=' answer'><span>43.60 and (21)<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198713[]' id='answer-id-796756' class='answer   answerof-198713 ' value='796756'   \/><label for='answer-id-796756' id='answer-label-796756' class=' answer'><span>76 and 19.55<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198713[]' id='answer-id-796757' class='answer   answerof-198713 ' value='796757'   \/><label for='answer-id-796757' id='answer-label-796757' class=' answer'><span>102 and 301<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-41' style=';'><div id='questionWrap-41'  class='   watupro-question-id-198714'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>41. <\/span>Section A (1 Mark) <br \/>\r<br>A(n) _________________________ guarantees the swap parties a specific rate of return on their credit asset. Bank A may agree to pay the total return on the loan to Bank B plus any appreciation in the market value of the loan. In return Bank A will often get LIBOR plus a fixed spread plus any depreciation in the value of the loan.<\/div><input type='hidden' name='question_id[]' id='qID_41' value='198714' \/><input type='hidden' id='answerType198714' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198714[]' id='answer-id-796758' class='answer   answerof-198714 ' value='796758'   \/><label for='answer-id-796758' id='answer-label-796758' class=' answer'><span>credit option<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198714[]' id='answer-id-796759' class='answer   answerof-198714 ' value='796759'   \/><label for='answer-id-796759' id='answer-label-796759' class=' answer'><span>Total return Swap<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198714[]' id='answer-id-796760' class='answer   answerof-198714 ' value='796760'   \/><label for='answer-id-796760' id='answer-label-796760' class=' answer'><span>credit linked note<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198714[]' id='answer-id-796761' class='answer   answerof-198714 ' value='796761'   \/><label for='answer-id-796761' id='answer-label-796761' class=' answer'><span>credit swap<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-42' style=';'><div id='questionWrap-42'  class='   watupro-question-id-198715'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>42. <\/span>Section A (1 Mark) <br \/>\r<br>Mansi has deposited Rs. 7,00,000\/- in a bank today @ ROI of 10 % per annum compounded monthly. <br \/>\r<br>She wants to know that if she withdraws this money in monthly installments at the END of the month for 7 years, then how much will be the each installment amount?<\/div><input type='hidden' name='question_id[]' id='qID_42' value='198715' \/><input type='hidden' id='answerType198715' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198715[]' id='answer-id-796762' class='answer   answerof-198715 ' value='796762'   \/><label for='answer-id-796762' id='answer-label-796762' class=' answer'><span>10788.23<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198715[]' id='answer-id-796763' class='answer   answerof-198715 ' value='796763'   \/><label for='answer-id-796763' id='answer-label-796763' class=' answer'><span>13012.23<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198715[]' id='answer-id-796764' class='answer   answerof-198715 ' value='796764'   \/><label for='answer-id-796764' id='answer-label-796764' class=' answer'><span>11,620.82<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198715[]' id='answer-id-796765' class='answer   answerof-198715 ' value='796765'   \/><label for='answer-id-796765' id='answer-label-796765' class=' answer'><span>12012.23<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-43' style=';'><div id='questionWrap-43'  class='   watupro-question-id-198716'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>43. <\/span>Section A (1 Mark) <br \/>\r<br>The critical variable in the determination of the success of the active portfolio is ________.<\/div><input type='hidden' name='question_id[]' id='qID_43' value='198716' \/><input type='hidden' id='answerType198716' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198716[]' id='answer-id-796766' class='answer   answerof-198716 ' value='796766'   \/><label for='answer-id-796766' id='answer-label-796766' class=' answer'><span>Alpha\/systematic risk<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198716[]' id='answer-id-796767' class='answer   answerof-198716 ' value='796767'   \/><label for='answer-id-796767' id='answer-label-796767' class=' answer'><span>Alpha\/nonsystematic risk<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198716[]' id='answer-id-796768' class='answer   answerof-198716 ' value='796768'   \/><label for='answer-id-796768' id='answer-label-796768' class=' answer'><span>Gamma\/systematic risk<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198716[]' id='answer-id-796769' class='answer   answerof-198716 ' value='796769'   \/><label for='answer-id-796769' id='answer-label-796769' class=' answer'><span>Gamma\/nonsystematic risk<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-44' style=';'><div id='questionWrap-44'  class='   watupro-question-id-198717'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>44. <\/span>Section A (1 Mark) <br \/>\r<br>An example of a highly cyclical industry is ________.<\/div><input type='hidden' name='question_id[]' id='qID_44' value='198717' \/><input type='hidden' id='answerType198717' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198717[]' id='answer-id-796770' class='answer   answerof-198717 ' value='796770'   \/><label for='answer-id-796770' id='answer-label-796770' class=' answer'><span>The automobile industry<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198717[]' id='answer-id-796771' class='answer   answerof-198717 ' value='796771'   \/><label for='answer-id-796771' id='answer-label-796771' class=' answer'><span>The tobacco industry<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198717[]' id='answer-id-796772' class='answer   answerof-198717 ' value='796772'   \/><label for='answer-id-796772' id='answer-label-796772' class=' answer'><span>The food industry<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198717[]' id='answer-id-796773' class='answer   answerof-198717 ' value='796773'   \/><label for='answer-id-796773' id='answer-label-796773' class=' answer'><span>A and B<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-45' style=';'><div id='questionWrap-45'  class='   watupro-question-id-198718'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>45. <\/span>Section B (2 Mark) <br \/>\r<br>Which of the following statements concerning index funds and actively managed funds is true?<\/div><input type='hidden' name='question_id[]' id='qID_45' value='198718' \/><input type='hidden' id='answerType198718' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198718[]' id='answer-id-796774' class='answer   answerof-198718 ' value='796774'   \/><label for='answer-id-796774' id='answer-label-796774' class=' answer'><span>Their performance is about equal.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198718[]' id='answer-id-796775' class='answer   answerof-198718 ' value='796775'   \/><label for='answer-id-796775' id='answer-label-796775' class=' answer'><span>They tend to have an inverse relationship.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198718[]' id='answer-id-796776' class='answer   answerof-198718 ' value='796776'   \/><label for='answer-id-796776' id='answer-label-796776' class=' answer'><span>Actively managed funds tend to outperform index funds.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198718[]' id='answer-id-796777' class='answer   answerof-198718 ' value='796777'   \/><label for='answer-id-796777' id='answer-label-796777' class=' answer'><span>Index funds tend to outperform actively managed funds.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-46' style=';'><div id='questionWrap-46'  class='   watupro-question-id-198719'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>46. <\/span>Section A (1 Mark) <br \/>\r<br>How many states operate lotteries to generate revenue in US?<\/div><input type='hidden' name='question_id[]' id='qID_46' value='198719' \/><input type='hidden' id='answerType198719' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198719[]' id='answer-id-796778' class='answer   answerof-198719 ' value='796778'   \/><label for='answer-id-796778' id='answer-label-796778' class=' answer'><span>39<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198719[]' id='answer-id-796779' class='answer   answerof-198719 ' value='796779'   \/><label for='answer-id-796779' id='answer-label-796779' class=' answer'><span>40<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198719[]' id='answer-id-796780' class='answer   answerof-198719 ' value='796780'   \/><label for='answer-id-796780' id='answer-label-796780' class=' answer'><span>48<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198719[]' id='answer-id-796781' class='answer   answerof-198719 ' value='796781'   \/><label for='answer-id-796781' id='answer-label-796781' class=' answer'><span>All 50 states operate lotteries to generate revenue.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-47' style=';'><div id='questionWrap-47'  class='   watupro-question-id-198720'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>47. <\/span>Section C (4 Mark) <br \/>\r<br>Read the senario and answer to the question. <br \/>\r<br>If Mrs. Deepika, a conservative investor, has Rs. 50, lakhs today that she could invest for the next three months in a three month bank CD or in a stock. The bank CD offers a guaranteed return 6 % over the three-month period. Alternatively she thinks the price of the stock will rise by 5% over the next months. She is confused in taking the decision. <br \/>\r<br>Guide her in trade off between return and risk so that she makes a decision in choosing investments?<\/div><input type='hidden' name='question_id[]' id='qID_47' value='198720' \/><input type='hidden' id='answerType198720' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198720[]' id='answer-id-796782' class='answer   answerof-198720 ' value='796782'   \/><label for='answer-id-796782' id='answer-label-796782' class=' answer'><span>As the return on stock is higher in next 3 months she should decide to invest in stock.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198720[]' id='answer-id-796783' class='answer   answerof-198720 ' value='796783'   \/><label for='answer-id-796783' id='answer-label-796783' class=' answer'><span>The future price of the stock is uncertain, her return from investing in this stock is also uncertain. The return could be less than 5% and might be even negative. But in Bank CD return is guaranteed. So as a conservative investor she should decide of invest in the Bank C<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198720[]' id='answer-id-796784' class='answer   answerof-198720 ' value='796784'   \/><label for='answer-id-796784' id='answer-label-796784' class=' answer'><span>For making a balance trade off between return and risk she should invest 50% in each investment<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198720[]' id='answer-id-796785' class='answer   answerof-198720 ' value='796785'   \/><label for='answer-id-796785' id='answer-label-796785' class=' answer'><span>Option B and C<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-48' style=';'><div id='questionWrap-48'  class='   watupro-question-id-198721'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>48. <\/span>Section A (1 Mark) <br \/>\r<br>A cognitive heuristic in which decisions are made based on an initial 'anchor__________<\/div><input type='hidden' name='question_id[]' id='qID_48' value='198721' \/><input type='hidden' id='answerType198721' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198721[]' id='answer-id-796786' class='answer   answerof-198721 ' value='796786'   \/><label for='answer-id-796786' id='answer-label-796786' class=' answer'><span>Anchoring and Adjustment Bias<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198721[]' id='answer-id-796787' class='answer   answerof-198721 ' value='796787'   \/><label for='answer-id-796787' id='answer-label-796787' class=' answer'><span>Ambiguity Bias<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198721[]' id='answer-id-796788' class='answer   answerof-198721 ' value='796788'   \/><label for='answer-id-796788' id='answer-label-796788' class=' answer'><span>Confirmation bias<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198721[]' id='answer-id-796789' class='answer   answerof-198721 ' value='796789'   \/><label for='answer-id-796789' id='answer-label-796789' class=' answer'><span>Overconfidence Bias<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-49' style=';'><div id='questionWrap-49'  class='   watupro-question-id-198722'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>49. <\/span>Section A (1 Mark) <br \/>\r<br>Manoj owns five hundred shares of ABC Ltd. Around budget time, he gets uncomfortable with the price movements. <br \/>\r<br>Which of the following will give him the hedge he desires (assuming that one futures contract = 100 shares)?<\/div><input type='hidden' name='question_id[]' id='qID_49' value='198722' \/><input type='hidden' id='answerType198722' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198722[]' id='answer-id-796790' class='answer   answerof-198722 ' value='796790'   \/><label for='answer-id-796790' id='answer-label-796790' class=' answer'><span>Buy 5 ABC Ltd. futures contracts<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198722[]' id='answer-id-796791' class='answer   answerof-198722 ' value='796791'   \/><label for='answer-id-796791' id='answer-label-796791' class=' answer'><span>Sell 5 ABC Ltd. futures contracts<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198722[]' id='answer-id-796792' class='answer   answerof-198722 ' value='796792'   \/><label for='answer-id-796792' id='answer-label-796792' class=' answer'><span>Sell 10 ABC Ltd. futures contracts<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198722[]' id='answer-id-796793' class='answer   answerof-198722 ' value='796793'   \/><label for='answer-id-796793' id='answer-label-796793' class=' answer'><span>Buy 10 ABC Ltd futures contracts<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-50' style=';'><div id='questionWrap-50'  class='   watupro-question-id-198723'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>50. <\/span>Section C (4 Mark) <br \/>\r<br>Read the senario and answer to the question. <br \/>\r<br>You have reviewed the investments of Nimita for the purview of retirement. You advise that a balance be restored from risk perspective and accordingly Rs. 15 lakh be shifted to a Debt MF scheme. You advise to further start SIPs immediately in the ratio of 60:40 in the newly started debt MF scheme and the existing Equity MF scheme for the next 21 years to accumulate a corpus so that the same sustains for the next 25 years if invested in an investment instrument yielding 7.50%. <br \/>\r<br>What approximate amount of SIPs should be made in Debt and Equity MF schemes?<\/div><input type='hidden' name='question_id[]' id='qID_50' value='198723' \/><input type='hidden' id='answerType198723' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198723[]' id='answer-id-796794' class='answer   answerof-198723 ' value='796794'   \/><label for='answer-id-796794' id='answer-label-796794' class=' answer'><span>Rs. 58,000 in Debt MF scheme &amp; Rs. 39,000 in Equity MF scheme<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198723[]' id='answer-id-796795' class='answer   answerof-198723 ' value='796795'   \/><label for='answer-id-796795' id='answer-label-796795' class=' answer'><span>Rs. 55,400 in Debt MF scheme &amp; Rs. 37,000 in Equity MF scheme<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198723[]' id='answer-id-796796' class='answer   answerof-198723 ' value='796796'   \/><label for='answer-id-796796' id='answer-label-796796' class=' answer'><span>Rs. 60,000 in Debt MF scheme &amp; Rs. 40,000 in Equity MF scheme<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198723[]' id='answer-id-796797' class='answer   answerof-198723 ' value='796797'   \/><label for='answer-id-796797' id='answer-label-796797' class=' answer'><span>Rs. 42,000 in Debt MF scheme &amp; Rs. 28,000 in Equity MF scheme<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-51' style=';'><div id='questionWrap-51'  class='   watupro-question-id-198724'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>51. <\/span>Section C (4 Mark) <br \/>\r<br>Read the senario and answer to the question. <br \/>\r<br>Mr. Bhatia is interested to invest in a mutual fund SIP account and expecting which will grow by atleast 12% for Neena\u2019s education need. Calculate how much he has to deposit per month?<\/div><input type='hidden' name='question_id[]' id='qID_51' value='198724' \/><input type='hidden' id='answerType198724' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198724[]' id='answer-id-796798' class='answer   answerof-198724 ' value='796798'   \/><label for='answer-id-796798' id='answer-label-796798' class=' answer'><span>Rs. 12,952<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198724[]' id='answer-id-796799' class='answer   answerof-198724 ' value='796799'   \/><label for='answer-id-796799' id='answer-label-796799' class=' answer'><span>Rs. 14,956<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198724[]' id='answer-id-796800' class='answer   answerof-198724 ' value='796800'   \/><label for='answer-id-796800' id='answer-label-796800' class=' answer'><span>Rs. 15,913<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198724[]' id='answer-id-796801' class='answer   answerof-198724 ' value='796801'   \/><label for='answer-id-796801' id='answer-label-796801' class=' answer'><span>Rs. 16,946<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-52' style=';'><div id='questionWrap-52'  class='   watupro-question-id-198725'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>52. <\/span>Section A (1 Mark) <br \/>\r<br>Response of listening falls under which one of the following categories?<\/div><input type='hidden' name='question_id[]' id='qID_52' value='198725' \/><input type='hidden' id='answerType198725' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198725[]' id='answer-id-796802' class='answer   answerof-198725 ' value='796802'   \/><label for='answer-id-796802' id='answer-label-796802' class=' answer'><span>It can be verbal<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198725[]' id='answer-id-796803' class='answer   answerof-198725 ' value='796803'   \/><label for='answer-id-796803' id='answer-label-796803' class=' answer'><span>It can be nonverbal<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198725[]' id='answer-id-796804' class='answer   answerof-198725 ' value='796804'   \/><label for='answer-id-796804' id='answer-label-796804' class=' answer'><span>It can be verbal or nonverbal<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198725[]' id='answer-id-796805' class='answer   answerof-198725 ' value='796805'   \/><label for='answer-id-796805' id='answer-label-796805' class=' answer'><span>It can neither be verbal nor nonverbal<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-53' style=';'><div id='questionWrap-53'  class='   watupro-question-id-198726'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>53. <\/span>Section C (4 Mark) <br \/>\r<br>Read the senario and answer to the question. <br \/>\r<br>Mr. Bhatia owns a Maruti Wagonr with a monthly EMI of Rs. 6,312. The above loan will be completely repaid by August 2008. Mr. Bhatia planning to purchase a new car worth of Rs. 15 lakh. For this he has to take a full value loan of the car with 9% interest for 5 years. But his present car is in good condition and life of this car is approximately another 5 years repairs and maintenance cost are minimum. If he postpones his car purchasing plan now and deposit the same EMI outflow required for new car into an SIP with a minimum 15% yield for the next five years, then calculate the fund he can accumulate?<\/div><input type='hidden' name='question_id[]' id='qID_53' value='198726' \/><input type='hidden' id='answerType198726' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198726[]' id='answer-id-796806' class='answer   answerof-198726 ' value='796806'   \/><label for='answer-id-796806' id='answer-label-796806' class=' answer'><span>Rs. 23.66 lacs<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198726[]' id='answer-id-796807' class='answer   answerof-198726 ' value='796807'   \/><label for='answer-id-796807' id='answer-label-796807' class=' answer'><span>Rs. 27.58 lacs<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198726[]' id='answer-id-796808' class='answer   answerof-198726 ' value='796808'   \/><label for='answer-id-796808' id='answer-label-796808' class=' answer'><span>Rs. 23.49 lacs<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198726[]' id='answer-id-796809' class='answer   answerof-198726 ' value='796809'   \/><label for='answer-id-796809' id='answer-label-796809' class=' answer'><span>Rs. 30.47 lacs<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-54' style=';'><div id='questionWrap-54'  class='   watupro-question-id-198727'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>54. <\/span>Section B (2 Mark) <br \/>\r<br>Which of the following is an inferential data (i.e. data which may not be correctly obtained by simply asking a direct question)?<\/div><input type='hidden' name='question_id[]' id='qID_54' value='198727' \/><input type='hidden' id='answerType198727' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198727[]' id='answer-id-796810' class='answer   answerof-198727 ' value='796810'   \/><label for='answer-id-796810' id='answer-label-796810' class=' answer'><span>Time Horizon<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198727[]' id='answer-id-796811' class='answer   answerof-198727 ' value='796811'   \/><label for='answer-id-796811' id='answer-label-796811' class=' answer'><span>Risk appetite<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198727[]' id='answer-id-796812' class='answer   answerof-198727 ' value='796812'   \/><label for='answer-id-796812' id='answer-label-796812' class=' answer'><span>Current Income<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198727[]' id='answer-id-796813' class='answer   answerof-198727 ' value='796813'   \/><label for='answer-id-796813' id='answer-label-796813' class=' answer'><span>Future income requirement<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-55' style=';'><div id='questionWrap-55'  class='   watupro-question-id-198728'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>55. <\/span>Section A (1 Mark) <br \/>\r<br>If a portfolio manager consistently obtains a high Sharpe measure, the manager's forecasting ability __________.<\/div><input type='hidden' name='question_id[]' id='qID_55' value='198728' \/><input type='hidden' id='answerType198728' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198728[]' id='answer-id-796814' class='answer   answerof-198728 ' value='796814'   \/><label for='answer-id-796814' id='answer-label-796814' class=' answer'><span>is above average<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198728[]' id='answer-id-796815' class='answer   answerof-198728 ' value='796815'   \/><label for='answer-id-796815' id='answer-label-796815' class=' answer'><span>is average<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198728[]' id='answer-id-796816' class='answer   answerof-198728 ' value='796816'   \/><label for='answer-id-796816' id='answer-label-796816' class=' answer'><span>is below average<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198728[]' id='answer-id-796817' class='answer   answerof-198728 ' value='796817'   \/><label for='answer-id-796817' id='answer-label-796817' class=' answer'><span>None of the Above<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-56' style=';'><div id='questionWrap-56'  class='   watupro-question-id-198729'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>56. <\/span>Section C (4 Mark) <br \/>\r<br>To fulfil the Educational Qualification to be registered as an Investment Advisor under the SEBI Investment Advisor Regulations 2013. <br \/>\r<br>The applicant must: <br \/>\r<br><br><img decoding=\"async\" width=456 height=280 src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/uploads\/2021\/10\/image011-24.jpg\"><br><\/div><input type='hidden' name='question_id[]' id='qID_56' value='198729' \/><input type='hidden' id='answerType198729' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198729[]' id='answer-id-796818' class='answer   answerof-198729 ' value='796818'   \/><label for='answer-id-796818' id='answer-label-796818' class=' answer'><span>Both I and IV<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198729[]' id='answer-id-796819' class='answer   answerof-198729 ' value='796819'   \/><label for='answer-id-796819' id='answer-label-796819' class=' answer'><span>Both II and III<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198729[]' id='answer-id-796820' class='answer   answerof-198729 ' value='796820'   \/><label for='answer-id-796820' id='answer-label-796820' class=' answer'><span>Either of I or II and Either of III or IV<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198729[]' id='answer-id-796821' class='answer   answerof-198729 ' value='796821'   \/><label for='answer-id-796821' id='answer-label-796821' class=' answer'><span>All I, II, III and IV<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-57' style=';'><div id='questionWrap-57'  class='   watupro-question-id-198730'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>57. <\/span>Section B (2 Mark) <br \/>\r<br>The following parameters are available for two mutual funds: <br \/>\r<br><br><img decoding=\"async\" width=445 height=200 src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/uploads\/2021\/10\/image012-22.jpg\"><br><br \/>\r<br>Calculate Treynor\u2019s performance index for Fund A &amp; Fund B respectively<\/div><input type='hidden' name='question_id[]' id='qID_57' value='198730' \/><input type='hidden' id='answerType198730' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198730[]' id='answer-id-796822' class='answer   answerof-198730 ' value='796822'   \/><label for='answer-id-796822' id='answer-label-796822' class=' answer'><span>8, 1.66<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198730[]' id='answer-id-796823' class='answer   answerof-198730 ' value='796823'   \/><label for='answer-id-796823' id='answer-label-796823' class=' answer'><span>10, 3.33<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198730[]' id='answer-id-796824' class='answer   answerof-198730 ' value='796824'   \/><label for='answer-id-796824' id='answer-label-796824' class=' answer'><span>9, 2.50<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198730[]' id='answer-id-796825' class='answer   answerof-198730 ' value='796825'   \/><label for='answer-id-796825' id='answer-label-796825' class=' answer'><span>18, 4.25<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-58' style=';'><div id='questionWrap-58'  class='   watupro-question-id-198731'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>58. <\/span>Section C (4 Mark) <br \/>\r<br>Read the senario and answer to the question. <br \/>\r<br>If Mahesh has the option of 3 funds whose details are as below, find Jensen\u2019s index for fund A, Treynor index for fund B and Sharpe index for the market<\/div><input type='hidden' name='question_id[]' id='qID_58' value='198731' \/><input type='hidden' id='answerType198731' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198731[]' id='answer-id-796826' class='answer   answerof-198731 ' value='796826'   \/><label for='answer-id-796826' id='answer-label-796826' class=' answer'><span>0.7%; 2.2; 0.1764<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198731[]' id='answer-id-796827' class='answer   answerof-198731 ' value='796827'   \/><label for='answer-id-796827' id='answer-label-796827' class=' answer'><span>0.5%; 2.2; 0.1764<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198731[]' id='answer-id-796828' class='answer   answerof-198731 ' value='796828'   \/><label for='answer-id-796828' id='answer-label-796828' class=' answer'><span>1%; 2.2; 0.5<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198731[]' id='answer-id-796829' class='answer   answerof-198731 ' value='796829'   \/><label for='answer-id-796829' id='answer-label-796829' class=' answer'><span>1%; 2.2; 0.8<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-59' style=';'><div id='questionWrap-59'  class='   watupro-question-id-198732'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>59. <\/span>Section A (1 Mark) <br \/>\r<br>_____________allow investors to increase diversification in direct real estate holdings by investing in groups of real estate projects.<\/div><input type='hidden' name='question_id[]' id='qID_59' value='198732' \/><input type='hidden' id='answerType198732' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198732[]' id='answer-id-796830' class='answer   answerof-198732 ' value='796830'   \/><label for='answer-id-796830' id='answer-label-796830' class=' answer'><span>Lease \/ Tenancy Agreement<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198732[]' id='answer-id-796831' class='answer   answerof-198732 ' value='796831'   \/><label for='answer-id-796831' id='answer-label-796831' class=' answer'><span>Aggregation Vehicles<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198732[]' id='answer-id-796832' class='answer   answerof-198732 ' value='796832'   \/><label for='answer-id-796832' id='answer-label-796832' class=' answer'><span>High and Best Use of Property<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198732[]' id='answer-id-796833' class='answer   answerof-198732 ' value='796833'   \/><label for='answer-id-796833' id='answer-label-796833' class=' answer'><span>Leveraged Equity Position<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-60' style=';'><div id='questionWrap-60'  class='   watupro-question-id-198733'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>60. <\/span>Section B (2 Mark) <br \/>\r<br>Calculate the NOI for an office building with the following information: <br \/>\r<br><br><img decoding=\"async\" width=417 height=224 src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/uploads\/2021\/10\/image013-22.jpg\"><br><\/div><input type='hidden' name='question_id[]' id='qID_60' value='198733' \/><input type='hidden' id='answerType198733' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198733[]' id='answer-id-796834' class='answer   answerof-198733 ' value='796834'   \/><label for='answer-id-796834' id='answer-label-796834' class=' answer'><span>Rs. 1,73,500<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198733[]' id='answer-id-796835' class='answer   answerof-198733 ' value='796835'   \/><label for='answer-id-796835' id='answer-label-796835' class=' answer'><span>Rs. 1, 91,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198733[]' id='answer-id-796836' class='answer   answerof-198733 ' value='796836'   \/><label for='answer-id-796836' id='answer-label-796836' class=' answer'><span>Rs. 1,93,500<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198733[]' id='answer-id-796837' class='answer   answerof-198733 ' value='796837'   \/><label for='answer-id-796837' id='answer-label-796837' class=' answer'><span>Rs. 2,11,000<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-61' style=';'><div id='questionWrap-61'  class='   watupro-question-id-198734'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>61. <\/span>Section B (2 Mark) <br \/>\r<br>When the income of an individual includes Rs. <br \/>\r<br>20000 as the income of his minor child in terms of section 64(1A), taxable income in this respect will be:<\/div><input type='hidden' name='question_id[]' id='qID_61' value='198734' \/><input type='hidden' id='answerType198734' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198734[]' id='answer-id-796838' class='answer   answerof-198734 ' value='796838'   \/><label for='answer-id-796838' id='answer-label-796838' class=' answer'><span>Rs. 20000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198734[]' id='answer-id-796839' class='answer   answerof-198734 ' value='796839'   \/><label for='answer-id-796839' id='answer-label-796839' class=' answer'><span>Rs. 15000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198734[]' id='answer-id-796840' class='answer   answerof-198734 ' value='796840'   \/><label for='answer-id-796840' id='answer-label-796840' class=' answer'><span>Nil<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198734[]' id='answer-id-796841' class='answer   answerof-198734 ' value='796841'   \/><label for='answer-id-796841' id='answer-label-796841' class=' answer'><span>Rs. 18500<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-62' style=';'><div id='questionWrap-62'  class='   watupro-question-id-198735'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>62. <\/span>Section A (1 Mark) <br \/>\r<br>A bank that wants to protect itself from higher credit costs due to a decrease in its credit rating might purchase _________________________.<\/div><input type='hidden' name='question_id[]' id='qID_62' value='198735' \/><input type='hidden' id='answerType198735' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198735[]' id='answer-id-796842' class='answer   answerof-198735 ' value='796842'   \/><label for='answer-id-796842' id='answer-label-796842' class=' answer'><span>A credit risk option<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198735[]' id='answer-id-796843' class='answer   answerof-198735 ' value='796843'   \/><label for='answer-id-796843' id='answer-label-796843' class=' answer'><span>A standby letter of credit<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198735[]' id='answer-id-796844' class='answer   answerof-198735 ' value='796844'   \/><label for='answer-id-796844' id='answer-label-796844' class=' answer'><span>A credit linked note<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198735[]' id='answer-id-796845' class='answer   answerof-198735 ' value='796845'   \/><label for='answer-id-796845' id='answer-label-796845' class=' answer'><span>A credit swap<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-63' style=';'><div id='questionWrap-63'  class='   watupro-question-id-198736'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>63. <\/span>Section A (1 Mark) <br \/>\r<br>Which of the following is not true in respect of CIBIL?<\/div><input type='hidden' name='question_id[]' id='qID_63' value='198736' \/><input type='hidden' id='answerType198736' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198736[]' id='answer-id-796846' class='answer   answerof-198736 ' value='796846'   \/><label for='answer-id-796846' id='answer-label-796846' class=' answer'><span>Pulling up CIBIL report is mandatory for all loans.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198736[]' id='answer-id-796847' class='answer   answerof-198736 ' value='796847'   \/><label for='answer-id-796847' id='answer-label-796847' class=' answer'><span>Mandate for pulling up the report and sharing of information from customer is mandatory.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198736[]' id='answer-id-796848' class='answer   answerof-198736 ' value='796848'   \/><label for='answer-id-796848' id='answer-label-796848' class=' answer'><span>Report is to be pulled up at the front end.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198736[]' id='answer-id-796849' class='answer   answerof-198736 ' value='796849'   \/><label for='answer-id-796849' id='answer-label-796849' class=' answer'><span>None of the above.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-64' style=';'><div id='questionWrap-64'  class='   watupro-question-id-198737'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>64. <\/span>Section B (2 Mark) <br \/>\r<br>You have been asked to estimate the market value of an apartment complex that is producing annual net operating income of Rs44,500. Four highly similar and competitive apartment properties within two blocks of the subject property have sold in the past three months. All four offer essentially the same amenities and services as the subject. All were open-market transactions with similar terms of sale. All were financed with 30-year fixed-rate mortgages using 70 percent debt and 30 percent equity. <br \/>\r<br>The sale prices and estimated first-year net operating incomes were as follows: <br \/>\r<br><br><img decoding=\"async\" width=417 height=257 src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/uploads\/2021\/10\/image014-22.jpg\"><br><br \/>\r<br>What is the indicated value of the property using direct capitalization?<\/div><input type='hidden' name='question_id[]' id='qID_64' value='198737' \/><input type='hidden' id='answerType198737' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198737[]' id='answer-id-796850' class='answer   answerof-198737 ' value='796850'   \/><label for='answer-id-796850' id='answer-label-796850' class=' answer'><span>Rs 3,30,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198737[]' id='answer-id-796851' class='answer   answerof-198737 ' value='796851'   \/><label for='answer-id-796851' id='answer-label-796851' class=' answer'><span>Rs 3,90,351<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198737[]' id='answer-id-796852' class='answer   answerof-198737 ' value='796852'   \/><label for='answer-id-796852' id='answer-label-796852' class=' answer'><span>Rs3,75,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198737[]' id='answer-id-796853' class='answer   answerof-198737 ' value='796853'   \/><label for='answer-id-796853' id='answer-label-796853' class=' answer'><span>Rs 3,57,000<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-65' style=';'><div id='questionWrap-65'  class='   watupro-question-id-198738'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>65. <\/span>Section A (1 Mark) <br \/>\r<br>During \u201cBuilding the foundation\u201d life stage, we learn about _______<\/div><input type='hidden' name='question_id[]' id='qID_65' value='198738' \/><input type='hidden' id='answerType198738' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198738[]' id='answer-id-796854' class='answer   answerof-198738 ' value='796854'   \/><label for='answer-id-796854' id='answer-label-796854' class=' answer'><span>Budgeting<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198738[]' id='answer-id-796855' class='answer   answerof-198738 ' value='796855'   \/><label for='answer-id-796855' id='answer-label-796855' class=' answer'><span>Five Fundamental of Fiscal Fitness<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198738[]' id='answer-id-796856' class='answer   answerof-198738 ' value='796856'   \/><label for='answer-id-796856' id='answer-label-796856' class=' answer'><span>Three Fundamental of Fiscal Fitness<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198738[]' id='answer-id-796857' class='answer   answerof-198738 ' value='796857'   \/><label for='answer-id-796857' id='answer-label-796857' class=' answer'><span>Seven Fundamental of Fiscal Fitness<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-66' style=';'><div id='questionWrap-66'  class='   watupro-question-id-198739'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>66. <\/span>Section B (2 Mark) <br \/>\r<br>In the year to 31 March 2012, A Ltd (which is UK resident) made a UK trading profit of &pound;100,000. The company's only other income consisted of rents received of &pound;52,500 (net) from an investment property in Germany. These rents were received net of withholding tax of 25%. A Ltd has no associated companies. <br \/>\r<br>The credit for double tax relief that will be given in the corporation tax computation for the year will be:<\/div><input type='hidden' name='question_id[]' id='qID_66' value='198739' \/><input type='hidden' id='answerType198739' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198739[]' id='answer-id-796858' class='answer   answerof-198739 ' value='796858'   \/><label for='answer-id-796858' id='answer-label-796858' class=' answer'><span>&pound;13,125<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198739[]' id='answer-id-796859' class='answer   answerof-198739 ' value='796859'   \/><label for='answer-id-796859' id='answer-label-796859' class=' answer'><span>&pound;17,500<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198739[]' id='answer-id-796860' class='answer   answerof-198739 ' value='796860'   \/><label for='answer-id-796860' id='answer-label-796860' class=' answer'><span>&pound;14,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198739[]' id='answer-id-796861' class='answer   answerof-198739 ' value='796861'   \/><label for='answer-id-796861' id='answer-label-796861' class=' answer'><span>&pound;nil<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-67' style=';'><div id='questionWrap-67'  class='   watupro-question-id-198740'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>67. <\/span>Section A (1 Mark) <br \/>\r<br>A market timing approach that increases the proportion of funds in stocks when the stock market is expected to be rising, and increases cash when the stock market is expected to be falling is a:<\/div><input type='hidden' name='question_id[]' id='qID_67' value='198740' \/><input type='hidden' id='answerType198740' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198740[]' id='answer-id-796862' class='answer   answerof-198740 ' value='796862'   \/><label for='answer-id-796862' id='answer-label-796862' class=' answer'><span>Strategic asset allocation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198740[]' id='answer-id-796863' class='answer   answerof-198740 ' value='796863'   \/><label for='answer-id-796863' id='answer-label-796863' class=' answer'><span>Tactical asset allocation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198740[]' id='answer-id-796864' class='answer   answerof-198740 ' value='796864'   \/><label for='answer-id-796864' id='answer-label-796864' class=' answer'><span>Portfolio optimization<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198740[]' id='answer-id-796865' class='answer   answerof-198740 ' value='796865'   \/><label for='answer-id-796865' id='answer-label-796865' class=' answer'><span>Liquidity expectation timing<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-68' style=';'><div id='questionWrap-68'  class='   watupro-question-id-198741'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>68. <\/span>Section C (4 Mark) <br \/>\r<br>Asit an industrialist wants to buy a car presently costing Rs. 10,00,000\/- after 5 years. The cost of the car is expected to increase by 10% p.a for the first 3 years and by 6% in the remaining years. Asit wants to start a SIP with monthly contributions in HDFC Top 200 Mutual Fund. You as a CWM expect that the fund would give an average CAGR of 12% in the next 5 years. <br \/>\r<br>Please advise Asit the monthly SIP amount starting at the beginning of every month for the next 5 years to fulfill his goal of buying the Car he desires.<\/div><input type='hidden' name='question_id[]' id='qID_68' value='198741' \/><input type='hidden' id='answerType198741' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198741[]' id='answer-id-796866' class='answer   answerof-198741 ' value='796866'   \/><label for='answer-id-796866' id='answer-label-796866' class=' answer'><span>1495512<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198741[]' id='answer-id-796867' class='answer   answerof-198741 ' value='796867'   \/><label for='answer-id-796867' id='answer-label-796867' class=' answer'><span>18614.48<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198741[]' id='answer-id-796868' class='answer   answerof-198741 ' value='796868'   \/><label for='answer-id-796868' id='answer-label-796868' class=' answer'><span>20614.48<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198741[]' id='answer-id-796869' class='answer   answerof-198741 ' value='796869'   \/><label for='answer-id-796869' id='answer-label-796869' class=' answer'><span>18311.71<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-69' style=';'><div id='questionWrap-69'  class='   watupro-question-id-198742'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>69. <\/span>Section A (1 Mark) <br \/>\r<br>Corrections are often followed by ________.<\/div><input type='hidden' name='question_id[]' id='qID_69' value='198742' \/><input type='hidden' id='answerType198742' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198742[]' id='answer-id-796870' class='answer   answerof-198742 ' value='796870'   \/><label for='answer-id-796870' id='answer-label-796870' class=' answer'><span>Channel lines.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198742[]' id='answer-id-796871' class='answer   answerof-198742 ' value='796871'   \/><label for='answer-id-796871' id='answer-label-796871' class=' answer'><span>Momentum.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198742[]' id='answer-id-796872' class='answer   answerof-198742 ' value='796872'   \/><label for='answer-id-796872' id='answer-label-796872' class=' answer'><span>Reversals.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198742[]' id='answer-id-796873' class='answer   answerof-198742 ' value='796873'   \/><label for='answer-id-796873' id='answer-label-796873' class=' answer'><span>Consolidation.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-70' style=';'><div id='questionWrap-70'  class='   watupro-question-id-198743'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>70. <\/span>Section A (1 Mark) <br \/>\r<br>The investors who buy the debt of troubled companies including subordinated debt, junk bonds, bank loans, and obligations to suppliers are called__________<\/div><input type='hidden' name='question_id[]' id='qID_70' value='198743' \/><input type='hidden' id='answerType198743' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198743[]' id='answer-id-796874' class='answer   answerof-198743 ' value='796874'   \/><label for='answer-id-796874' id='answer-label-796874' class=' answer'><span>Vulture Investors<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198743[]' id='answer-id-796875' class='answer   answerof-198743 ' value='796875'   \/><label for='answer-id-796875' id='answer-label-796875' class=' answer'><span>Angel Investors<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198743[]' id='answer-id-796876' class='answer   answerof-198743 ' value='796876'   \/><label for='answer-id-796876' id='answer-label-796876' class=' answer'><span>Seed Investors<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198743[]' id='answer-id-796877' class='answer   answerof-198743 ' value='796877'   \/><label for='answer-id-796877' id='answer-label-796877' class=' answer'><span>None of the Above<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-71' style=';'><div id='questionWrap-71'  class='   watupro-question-id-198744'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>71. <\/span>Section A (1 Mark) <br \/>\r<br>Which of the following statements is\/are correct with respect to na&iuml;ve diversification? <br \/>\r<br><br><img decoding=\"async\" width=454 height=226 src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/uploads\/2021\/10\/image015-20.jpg\"><br><\/div><input type='hidden' name='question_id[]' id='qID_71' value='198744' \/><input type='hidden' id='answerType198744' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198744[]' id='answer-id-796878' class='answer   answerof-198744 ' value='796878'   \/><label for='answer-id-796878' id='answer-label-796878' class=' answer'><span>Only I<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198744[]' id='answer-id-796879' class='answer   answerof-198744 ' value='796879'   \/><label for='answer-id-796879' id='answer-label-796879' class=' answer'><span>Only II<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198744[]' id='answer-id-796880' class='answer   answerof-198744 ' value='796880'   \/><label for='answer-id-796880' id='answer-label-796880' class=' answer'><span>Both of the above<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198744[]' id='answer-id-796881' class='answer   answerof-198744 ' value='796881'   \/><label for='answer-id-796881' id='answer-label-796881' class=' answer'><span>None of the Above<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-72' style=';'><div id='questionWrap-72'  class='   watupro-question-id-198745'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>72. <\/span>Section B (2 Mark) <br \/>\r<br>Any income chargeable under the based \u201cSalaries\u201d is exempt from tax under Section 10(6)(viii), if it is received by any non resident individual as remuneration for services rendered in connection with his employment in a foreign ship where his total stay in India does not exceed a period days in that previous year.<\/div><input type='hidden' name='question_id[]' id='qID_72' value='198745' \/><input type='hidden' id='answerType198745' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198745[]' id='answer-id-796882' class='answer   answerof-198745 ' value='796882'   \/><label for='answer-id-796882' id='answer-label-796882' class=' answer'><span>90<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198745[]' id='answer-id-796883' class='answer   answerof-198745 ' value='796883'   \/><label for='answer-id-796883' id='answer-label-796883' class=' answer'><span>182<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198745[]' id='answer-id-796884' class='answer   answerof-198745 ' value='796884'   \/><label for='answer-id-796884' id='answer-label-796884' class=' answer'><span>60<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198745[]' id='answer-id-796885' class='answer   answerof-198745 ' value='796885'   \/><label for='answer-id-796885' id='answer-label-796885' class=' answer'><span>120<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-73' style=';'><div id='questionWrap-73'  class='   watupro-question-id-198746'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>73. <\/span>Section C (4 Mark) <br \/>\r<br>Read the senario and answer to the question. <br \/>\r<br>Jogen commuted his 40% of pension in April, 2008 with Rs. 2,15,000. <br \/>\r<br>What would be the taxable amount on commuted pension received by Jogen, if he would retire from a private organization?<\/div><input type='hidden' name='question_id[]' id='qID_73' value='198746' \/><input type='hidden' id='answerType198746' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198746[]' id='answer-id-796886' class='answer   answerof-198746 ' value='796886'   \/><label for='answer-id-796886' id='answer-label-796886' class=' answer'><span>Rs. 1,07,500<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198746[]' id='answer-id-796887' class='answer   answerof-198746 ' value='796887'   \/><label for='answer-id-796887' id='answer-label-796887' class=' answer'><span>Rs. 35,833<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198746[]' id='answer-id-796888' class='answer   answerof-198746 ' value='796888'   \/><label for='answer-id-796888' id='answer-label-796888' class=' answer'><span>Rs. 1,70,167<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198746[]' id='answer-id-796889' class='answer   answerof-198746 ' value='796889'   \/><label for='answer-id-796889' id='answer-label-796889' class=' answer'><span>Rs. Nil<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-74' style=';'><div id='questionWrap-74'  class='   watupro-question-id-198747'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>74. <\/span>Section B (2 Mark) <br \/>\r<br>Which of the following statements is most correct?<\/div><input type='hidden' name='question_id[]' id='qID_74' value='198747' \/><input type='hidden' id='answerType198747' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198747[]' id='answer-id-796890' class='answer   answerof-198747 ' value='796890'   \/><label for='answer-id-796890' id='answer-label-796890' class=' answer'><span>If a company increases its current liabilities by Rs1,000 and simultaneously increases its inventories by Rs1,000, its current ratio must rise.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198747[]' id='answer-id-796891' class='answer   answerof-198747 ' value='796891'   \/><label for='answer-id-796891' id='answer-label-796891' class=' answer'><span>If a company increases its current liabilities by Rs1,000 and simultaneously increases its inventories by Rs1,000, its quick ratio must fall.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198747[]' id='answer-id-796892' class='answer   answerof-198747 ' value='796892'   \/><label for='answer-id-796892' id='answer-label-796892' class=' answer'><span>A company\u2019s quick ratio may never exceed its current ratio.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198747[]' id='answer-id-796893' class='answer   answerof-198747 ' value='796893'   \/><label for='answer-id-796893' id='answer-label-796893' class=' answer'><span>Answers b and c are correct.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-75' style=';'><div id='questionWrap-75'  class='   watupro-question-id-198748'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>75. <\/span>Section B (2 Mark) <br \/>\r<br>Withholding Tax Rates for payments made to Non-Residents are determined by the Finance Act passed by the Parliament for various years. <br \/>\r<br>The current rates for Royalities are:<\/div><input type='hidden' name='question_id[]' id='qID_75' value='198748' \/><input type='hidden' id='answerType198748' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198748[]' id='answer-id-796894' class='answer   answerof-198748 ' value='796894'   \/><label for='answer-id-796894' id='answer-label-796894' class=' answer'><span>10<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198748[]' id='answer-id-796895' class='answer   answerof-198748 ' value='796895'   \/><label for='answer-id-796895' id='answer-label-796895' class=' answer'><span>15<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198748[]' id='answer-id-796896' class='answer   answerof-198748 ' value='796896'   \/><label for='answer-id-796896' id='answer-label-796896' class=' answer'><span>20<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198748[]' id='answer-id-796897' class='answer   answerof-198748 ' value='796897'   \/><label for='answer-id-796897' id='answer-label-796897' class=' answer'><span>18<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-76' style=';'><div id='questionWrap-76'  class='   watupro-question-id-198749'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>76. <\/span>Section A (1 Mark) <br \/>\r<br>In a short call, profit is<\/div><input type='hidden' name='question_id[]' id='qID_76' value='198749' \/><input type='hidden' id='answerType198749' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198749[]' id='answer-id-796898' class='answer   answerof-198749 ' value='796898'   \/><label for='answer-id-796898' id='answer-label-796898' class=' answer'><span>Unlimited<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198749[]' id='answer-id-796899' class='answer   answerof-198749 ' value='796899'   \/><label for='answer-id-796899' id='answer-label-796899' class=' answer'><span>Limited to premium<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198749[]' id='answer-id-796900' class='answer   answerof-198749 ' value='796900'   \/><label for='answer-id-796900' id='answer-label-796900' class=' answer'><span>Premium Plus Market Price minus exercise price<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198749[]' id='answer-id-796901' class='answer   answerof-198749 ' value='796901'   \/><label for='answer-id-796901' id='answer-label-796901' class=' answer'><span>Premium minus exercise price<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-77' style=';'><div id='questionWrap-77'  class='   watupro-question-id-198750'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>77. <\/span>Section A (1 Mark) <br \/>\r<br>Unabsorbed depreciation can be carried forward for ____________.<\/div><input type='hidden' name='question_id[]' id='qID_77' value='198750' \/><input type='hidden' id='answerType198750' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198750[]' id='answer-id-796902' class='answer   answerof-198750 ' value='796902'   \/><label for='answer-id-796902' id='answer-label-796902' class=' answer'><span>8 Years<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198750[]' id='answer-id-796903' class='answer   answerof-198750 ' value='796903'   \/><label for='answer-id-796903' id='answer-label-796903' class=' answer'><span>4 Years<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198750[]' id='answer-id-796904' class='answer   answerof-198750 ' value='796904'   \/><label for='answer-id-796904' id='answer-label-796904' class=' answer'><span>Indefinite<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198750[]' id='answer-id-796905' class='answer   answerof-198750 ' value='796905'   \/><label for='answer-id-796905' id='answer-label-796905' class=' answer'><span>None<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-78' style=';'><div id='questionWrap-78'  class='   watupro-question-id-198751'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>78. <\/span>Section C (4 Mark) <br \/>\r<br>Pizer Drugs, a large drugstore chain, had sales per share of Rs122 in 1993, on which it reported earnings per share of Rs2.45 and paid a dividend per share of Rs1.12. The company is expected to grow 6% in the long term, and has a beta of 0.90. The current Risk Free Rate is 7%. <br \/>\r<br>Estimate the appropriate Price for Pizer Drug and what would the profit margin need to be to justify the price per share if the stock is currently trading for Rs34 per share, assuming the growth rate is estimated correctly,<\/div><input type='hidden' name='question_id[]' id='qID_78' value='198751' \/><input type='hidden' id='answerType198751' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198751[]' id='answer-id-796906' class='answer   answerof-198751 ' value='796906'   \/><label for='answer-id-796906' id='answer-label-796906' class=' answer'><span>Rs20.18 and 4.12%<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198751[]' id='answer-id-796907' class='answer   answerof-198751 ' value='796907'   \/><label for='answer-id-796907' id='answer-label-796907' class=' answer'><span>Rs 21.05 and 5.25%<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198751[]' id='answer-id-796908' class='answer   answerof-198751 ' value='796908'   \/><label for='answer-id-796908' id='answer-label-796908' class=' answer'><span>Rs 19.87 and 3.42%<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198751[]' id='answer-id-796909' class='answer   answerof-198751 ' value='796909'   \/><label for='answer-id-796909' id='answer-label-796909' class=' answer'><span>Rs 18.54 and 3.75%<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-79' style=';'><div id='questionWrap-79'  class='   watupro-question-id-198752'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>79. <\/span>Section B (2 Mark) <br \/>\r<br>The _________ is a plot of __________.<\/div><input type='hidden' name='question_id[]' id='qID_79' value='198752' \/><input type='hidden' id='answerType198752' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198752[]' id='answer-id-796910' class='answer   answerof-198752 ' value='796910'   \/><label for='answer-id-796910' id='answer-label-796910' class=' answer'><span>CML, individual stocks and efficient portfolios<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198752[]' id='answer-id-796911' class='answer   answerof-198752 ' value='796911'   \/><label for='answer-id-796911' id='answer-label-796911' class=' answer'><span>CML and both efficient and inefficient portfolios, only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198752[]' id='answer-id-796912' class='answer   answerof-198752 ' value='796912'   \/><label for='answer-id-796912' id='answer-label-796912' class=' answer'><span>SML and individual securities and efficient portfolios<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198752[]' id='answer-id-796913' class='answer   answerof-198752 ' value='796913'   \/><label for='answer-id-796913' id='answer-label-796913' class=' answer'><span>SML and individual securities, inefficient portfolios, and efficient portfolios.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-80' style=';'><div id='questionWrap-80'  class='   watupro-question-id-198753'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>80. <\/span>Section A (1 Mark) <br \/>\r<br>Rahul deposits Rs. 30,000\/- per year, at the end of the year, into an account for 30 years. <br \/>\r<br>What amount would be accumulated in that account at the end of 30 years if ROI is 9 % per annum?<\/div><input type='hidden' name='question_id[]' id='qID_80' value='198753' \/><input type='hidden' id='answerType198753' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198753[]' id='answer-id-796914' class='answer   answerof-198753 ' value='796914'   \/><label for='answer-id-796914' id='answer-label-796914' class=' answer'><span>3498723.56<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198753[]' id='answer-id-796915' class='answer   answerof-198753 ' value='796915'   \/><label for='answer-id-796915' id='answer-label-796915' class=' answer'><span>4089226.15<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198753[]' id='answer-id-796916' class='answer   answerof-198753 ' value='796916'   \/><label for='answer-id-796916' id='answer-label-796916' class=' answer'><span>2345226.34<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198753[]' id='answer-id-796917' class='answer   answerof-198753 ' value='796917'   \/><label for='answer-id-796917' id='answer-label-796917' class=' answer'><span>4298712.9<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-81' style=';'><div id='questionWrap-81'  class='   watupro-question-id-198754'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>81. <\/span>Section C (4 Mark) <br \/>\r<br>Read the senario and answer to the question. <br \/>\r<br>What would be the taxable amount on gratuity received by Jogen, if he would retired from an organization where employees are not covered under Gratuity Act?<\/div><input type='hidden' name='question_id[]' id='qID_81' value='198754' \/><input type='hidden' id='answerType198754' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198754[]' id='answer-id-796918' class='answer   answerof-198754 ' value='796918'   \/><label for='answer-id-796918' id='answer-label-796918' class=' answer'><span>Rs. 75,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198754[]' id='answer-id-796919' class='answer   answerof-198754 ' value='796919'   \/><label for='answer-id-796919' id='answer-label-796919' class=' answer'><span>Rs. 3,50,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198754[]' id='answer-id-796920' class='answer   answerof-198754 ' value='796920'   \/><label for='answer-id-796920' id='answer-label-796920' class=' answer'><span>Rs. Nil<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198754[]' id='answer-id-796921' class='answer   answerof-198754 ' value='796921'   \/><label for='answer-id-796921' id='answer-label-796921' class=' answer'><span>Rs. 69,300<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-82' style=';'><div id='questionWrap-82'  class='   watupro-question-id-198755'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>82. <\/span>Section B (2 Mark) <br \/>\r<br>The current market price of a share of CAT stock is Rs76. If a call option on this stock has a strike price of Rs76, the call<\/div><input type='hidden' name='question_id[]' id='qID_82' value='198755' \/><input type='hidden' id='answerType198755' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198755[]' id='answer-id-796922' class='answer   answerof-198755 ' value='796922'   \/><label for='answer-id-796922' id='answer-label-796922' class=' answer'><span>Is out of the money.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198755[]' id='answer-id-796923' class='answer   answerof-198755 ' value='796923'   \/><label for='answer-id-796923' id='answer-label-796923' class=' answer'><span>Is in the money.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198755[]' id='answer-id-796924' class='answer   answerof-198755 ' value='796924'   \/><label for='answer-id-796924' id='answer-label-796924' class=' answer'><span>Is at the money.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198755[]' id='answer-id-796925' class='answer   answerof-198755 ' value='796925'   \/><label for='answer-id-796925' id='answer-label-796925' class=' answer'><span>A and<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-83' style=';'><div id='questionWrap-83'  class='   watupro-question-id-198756'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>83. <\/span>Section B (2 Mark) <br \/>\r<br>A project should be considered if the Profitability Index is<\/div><input type='hidden' name='question_id[]' id='qID_83' value='198756' \/><input type='hidden' id='answerType198756' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198756[]' id='answer-id-796926' class='answer   answerof-198756 ' value='796926'   \/><label for='answer-id-796926' id='answer-label-796926' class=' answer'><span>Less than 1<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198756[]' id='answer-id-796927' class='answer   answerof-198756 ' value='796927'   \/><label for='answer-id-796927' id='answer-label-796927' class=' answer'><span>More than 1<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198756[]' id='answer-id-796928' class='answer   answerof-198756 ' value='796928'   \/><label for='answer-id-796928' id='answer-label-796928' class=' answer'><span>More than to 0.5<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198756[]' id='answer-id-796929' class='answer   answerof-198756 ' value='796929'   \/><label for='answer-id-796929' id='answer-label-796929' class=' answer'><span>None of the above<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-84' style=';'><div id='questionWrap-84'  class='   watupro-question-id-198757'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>84. <\/span>Section B (2 Mark) <br \/>\r<br>An assessee was allowed deduction of unrealized rent to the extent of Rs. 40,000 in the past although the total unrealized rent was Rs. 60,000. He is able to recover from the tenant Rs.45,000 during the previous year on account of such unrealized rent. <br \/>\r<br>He shall be liable to tax to the extent of:<\/div><input type='hidden' name='question_id[]' id='qID_84' value='198757' \/><input type='hidden' id='answerType198757' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198757[]' id='answer-id-796930' class='answer   answerof-198757 ' value='796930'   \/><label for='answer-id-796930' id='answer-label-796930' class=' answer'><span>Rs. 45,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198757[]' id='answer-id-796931' class='answer   answerof-198757 ' value='796931'   \/><label for='answer-id-796931' id='answer-label-796931' class=' answer'><span>Nil<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198757[]' id='answer-id-796932' class='answer   answerof-198757 ' value='796932'   \/><label for='answer-id-796932' id='answer-label-796932' class=' answer'><span>Rs. 25,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198757[]' id='answer-id-796933' class='answer   answerof-198757 ' value='796933'   \/><label for='answer-id-796933' id='answer-label-796933' class=' answer'><span>Rs. 35,000<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-85' style=';'><div id='questionWrap-85'  class='   watupro-question-id-198758'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>85. <\/span>Section A (1 Mark) <br \/>\r<br>Which of the following is an investment analysis approach to determine real estate values?<\/div><input type='hidden' name='question_id[]' id='qID_85' value='198758' \/><input type='hidden' id='answerType198758' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198758[]' id='answer-id-796934' class='answer   answerof-198758 ' value='796934'   \/><label for='answer-id-796934' id='answer-label-796934' class=' answer'><span>The cost approach<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198758[]' id='answer-id-796935' class='answer   answerof-198758 ' value='796935'   \/><label for='answer-id-796935' id='answer-label-796935' class=' answer'><span>The net present value approach<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198758[]' id='answer-id-796936' class='answer   answerof-198758 ' value='796936'   \/><label for='answer-id-796936' id='answer-label-796936' class=' answer'><span>The comparative sales approach<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198758[]' id='answer-id-796937' class='answer   answerof-198758 ' value='796937'   \/><label for='answer-id-796937' id='answer-label-796937' class=' answer'><span>The income approach<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-86' style=';'><div id='questionWrap-86'  class='   watupro-question-id-198759'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>86. <\/span>Section B (2 Mark) <br \/>\r<br>What is the size of the final unequal payment of a loan for Rs15 600 and it has monthly payments of Rs500? The interest rate is 9.92% compounded quarterly.<\/div><input type='hidden' name='question_id[]' id='qID_86' value='198759' \/><input type='hidden' id='answerType198759' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198759[]' id='answer-id-796938' class='answer   answerof-198759 ' value='796938'   \/><label for='answer-id-796938' id='answer-label-796938' class=' answer'><span>Rs. 383.11<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198759[]' id='answer-id-796939' class='answer   answerof-198759 ' value='796939'   \/><label for='answer-id-796939' id='answer-label-796939' class=' answer'><span>Rs. 380.21<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198759[]' id='answer-id-796940' class='answer   answerof-198759 ' value='796940'   \/><label for='answer-id-796940' id='answer-label-796940' class=' answer'><span>Rs. 388.97<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198759[]' id='answer-id-796941' class='answer   answerof-198759 ' value='796941'   \/><label for='answer-id-796941' id='answer-label-796941' class=' answer'><span>Rs. 417.27<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-87' style=';'><div id='questionWrap-87'  class='   watupro-question-id-198760'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>87. <\/span>Section A (1 Mark) <br \/>\r<br>The first step of portfolio management is:<\/div><input type='hidden' name='question_id[]' id='qID_87' value='198760' \/><input type='hidden' id='answerType198760' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198760[]' id='answer-id-796942' class='answer   answerof-198760 ' value='796942'   \/><label for='answer-id-796942' id='answer-label-796942' class=' answer'><span>To assess market conditions.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198760[]' id='answer-id-796943' class='answer   answerof-198760 ' value='796943'   \/><label for='answer-id-796943' id='answer-label-796943' class=' answer'><span>To determine objectives, constraints and preferences.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198760[]' id='answer-id-796944' class='answer   answerof-198760 ' value='796944'   \/><label for='answer-id-796944' id='answer-label-796944' class=' answer'><span>To develop strategies and implement them.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198760[]' id='answer-id-796945' class='answer   answerof-198760 ' value='796945'   \/><label for='answer-id-796945' id='answer-label-796945' class=' answer'><span>To adjust the portfolio as necessary.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-88' style=';'><div id='questionWrap-88'  class='   watupro-question-id-198761'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>88. <\/span>Section C (4 Mark) <br \/>\r<br>Nifty is at 3200. Mr. XYZ expects very little movement in Nifty. He sells 2 ATM Nifty Call Options with a strike price of Rs. 3200 at a premium of Rs. 97.90 each, buys 1 ITM Nifty Call Option with a strike price of Rs. 3100 at a premium of Rs. 141.55 and buys 1 OTM Nifty Call Option with a strike price of Rs. 3300 at a premium of Rs. 64. <br \/>\r<br>What would be the Net Payoff of the Strategy? <br \/>\r<br>&#8226; If Nifty closes at 3200 <br \/>\r<br>&#8226; If Nifty closes at 4212<\/div><input type='hidden' name='question_id[]' id='qID_88' value='198761' \/><input type='hidden' id='answerType198761' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198761[]' id='answer-id-796946' class='answer   answerof-198761 ' value='796946'   \/><label for='answer-id-796946' id='answer-label-796946' class=' answer'><span>-87.75 and 57.50<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198761[]' id='answer-id-796947' class='answer   answerof-198761 ' value='796947'   \/><label for='answer-id-796947' id='answer-label-796947' class=' answer'><span>-75.25 and -45.65<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198761[]' id='answer-id-796948' class='answer   answerof-198761 ' value='796948'   \/><label for='answer-id-796948' id='answer-label-796948' class=' answer'><span>90.25 and -9.75<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198761[]' id='answer-id-796949' class='answer   answerof-198761 ' value='796949'   \/><label for='answer-id-796949' id='answer-label-796949' class=' answer'><span>-15.45and 95.75<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-89' style=';'><div id='questionWrap-89'  class='   watupro-question-id-198762'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>89. <\/span>Section A (1 Mark) <br \/>\r<br>A well-diversified portfolio is defined as<\/div><input type='hidden' name='question_id[]' id='qID_89' value='198762' \/><input type='hidden' id='answerType198762' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198762[]' id='answer-id-796950' class='answer   answerof-198762 ' value='796950'   \/><label for='answer-id-796950' id='answer-label-796950' class=' answer'><span>One that is diversified over a large enough number of securities that the nonsystematic variance is essentially zero.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198762[]' id='answer-id-796951' class='answer   answerof-198762 ' value='796951'   \/><label for='answer-id-796951' id='answer-label-796951' class=' answer'><span>One that contains securities from at least three different industry sectors.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198762[]' id='answer-id-796952' class='answer   answerof-198762 ' value='796952'   \/><label for='answer-id-796952' id='answer-label-796952' class=' answer'><span>A portfolio whose factor beta equals 1.0.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198762[]' id='answer-id-796953' class='answer   answerof-198762 ' value='796953'   \/><label for='answer-id-796953' id='answer-label-796953' class=' answer'><span>A portfolio that is equally weighted.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-90' style=';'><div id='questionWrap-90'  class='   watupro-question-id-198763'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>90. <\/span>Section B (2 Mark) <br \/>\r<br>In US, all states except _________________ require their state, via state constitutional or statutory requirements, to balance their budget.<\/div><input type='hidden' name='question_id[]' id='qID_90' value='198763' \/><input type='hidden' id='answerType198763' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198763[]' id='answer-id-796954' class='answer   answerof-198763 ' value='796954'   \/><label for='answer-id-796954' id='answer-label-796954' class=' answer'><span>Vermont<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198763[]' id='answer-id-796955' class='answer   answerof-198763 ' value='796955'   \/><label for='answer-id-796955' id='answer-label-796955' class=' answer'><span>Texas<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198763[]' id='answer-id-796956' class='answer   answerof-198763 ' value='796956'   \/><label for='answer-id-796956' id='answer-label-796956' class=' answer'><span>All states require a balanced budget<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198763[]' id='answer-id-796957' class='answer   answerof-198763 ' value='796957'   \/><label for='answer-id-796957' id='answer-label-796957' class=' answer'><span>North Carolina<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-91' style=';'><div id='questionWrap-91'  class='   watupro-question-id-198764'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>91. <\/span>Section A (1 Mark) <br \/>\r<br>One aspect of the tax considerations in asset allocation is that<\/div><input type='hidden' name='question_id[]' id='qID_91' value='198764' \/><input type='hidden' id='answerType198764' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198764[]' id='answer-id-796958' class='answer   answerof-198764 ' value='796958'   \/><label for='answer-id-796958' id='answer-label-796958' class=' answer'><span>Capital gains are often taxed at a higher rate than income.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198764[]' id='answer-id-796959' class='answer   answerof-198764 ' value='796959'   \/><label for='answer-id-796959' id='answer-label-796959' class=' answer'><span>Taxes on capital gains are deferred until the gain is realized.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198764[]' id='answer-id-796960' class='answer   answerof-198764 ' value='796960'   \/><label for='answer-id-796960' id='answer-label-796960' class=' answer'><span>Investors are exempt from taxes on capital gains once they reach age 65.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198764[]' id='answer-id-796961' class='answer   answerof-198764 ' value='796961'   \/><label for='answer-id-796961' id='answer-label-796961' class=' answer'><span>Current income is seldom a significant consideration for an investor in the spending phase of the life cycle.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-92' style=';'><div id='questionWrap-92'  class='   watupro-question-id-198765'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>92. <\/span>Section B (2 Mark) <br \/>\r<br>Mr. Manish purchased a residential house for Rs.3 lakh on 1-4-1972. Its market value on 1-4-1981 was, however, Rs.12 lakh. He sells the house during the financial year 2011-12 for Rs.98 lakh. Calculate the taxable long term capital gain. [CII-12-13: 852,11-12: 785,10-11:711]<\/div><input type='hidden' name='question_id[]' id='qID_92' value='198765' \/><input type='hidden' id='answerType198765' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198765[]' id='answer-id-796962' class='answer   answerof-198765 ' value='796962'   \/><label for='answer-id-796962' id='answer-label-796962' class=' answer'><span>Rs. 12,90,000\/-<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198765[]' id='answer-id-796963' class='answer   answerof-198765 ' value='796963'   \/><label for='answer-id-796963' id='answer-label-796963' class=' answer'><span>Rs. 10,90,000\/-<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198765[]' id='answer-id-796964' class='answer   answerof-198765 ' value='796964'   \/><label for='answer-id-796964' id='answer-label-796964' class=' answer'><span>Rs. 3,80,000\/-<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198765[]' id='answer-id-796965' class='answer   answerof-198765 ' value='796965'   \/><label for='answer-id-796965' id='answer-label-796965' class=' answer'><span>Rs. 7,10,000\/-<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-93' style=';'><div id='questionWrap-93'  class='   watupro-question-id-198766'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>93. <\/span>Section B (2 Mark) <br \/>\r<br>To pay for new equipment with a cash price of Rs7500, you need to borrow at 5.3% compounded monthly, then make monthly payments for 32 months. <br \/>\r<br>How much less would your payments be if you were able to save Rs2100 as a down payment before you purchase the new equipment?<\/div><input type='hidden' name='question_id[]' id='qID_93' value='198766' \/><input type='hidden' id='answerType198766' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198766[]' id='answer-id-796966' class='answer   answerof-198766 ' value='796966'   \/><label for='answer-id-796966' id='answer-label-796966' class=' answer'><span>Rs.269.47<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198766[]' id='answer-id-796967' class='answer   answerof-198766 ' value='796967'   \/><label for='answer-id-796967' id='answer-label-796967' class=' answer'><span>Rs.198.96<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198766[]' id='answer-id-796968' class='answer   answerof-198766 ' value='796968'   \/><label for='answer-id-796968' id='answer-label-796968' class=' answer'><span>Rs.70.51<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198766[]' id='answer-id-796969' class='answer   answerof-198766 ' value='796969'   \/><label for='answer-id-796969' id='answer-label-796969' class=' answer'><span>Rs.88.14<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-94' style=';'><div id='questionWrap-94'  class='   watupro-question-id-198767'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>94. <\/span>Section B (2 Mark) <br \/>\r<br>Consider the one-factor APT. The variance of returns on the factor portfolio is 6%. The beta of a well-diversified portfolio on the factor is 1.1. The variance of returns on the well-diversified portfolio is approximately __________.<\/div><input type='hidden' name='question_id[]' id='qID_94' value='198767' \/><input type='hidden' id='answerType198767' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198767[]' id='answer-id-796970' class='answer   answerof-198767 ' value='796970'   \/><label for='answer-id-796970' id='answer-label-796970' class=' answer'><span>3.60%<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198767[]' id='answer-id-796971' class='answer   answerof-198767 ' value='796971'   \/><label for='answer-id-796971' id='answer-label-796971' class=' answer'><span>6.00%<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198767[]' id='answer-id-796972' class='answer   answerof-198767 ' value='796972'   \/><label for='answer-id-796972' id='answer-label-796972' class=' answer'><span>7.30%<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198767[]' id='answer-id-796973' class='answer   answerof-198767 ' value='796973'   \/><label for='answer-id-796973' id='answer-label-796973' class=' answer'><span>10.10%<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-95' style=';'><div id='questionWrap-95'  class='   watupro-question-id-198768'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>95. <\/span>Section B (2 Mark) <br \/>\r<br>Mr. Subhash Bansal, a marketing manager is employed with IMFB limited. He took an advance of Rs. 1,20,000 against the salary of Rs. 30,000 per month in the month of March 2007. <br \/>\r<br>The gross salary of Mr Bansal for the assessment year 2007-08 shall be:<\/div><input type='hidden' name='question_id[]' id='qID_95' value='198768' \/><input type='hidden' id='answerType198768' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198768[]' id='answer-id-796974' class='answer   answerof-198768 ' value='796974'   \/><label for='answer-id-796974' id='answer-label-796974' class=' answer'><span>Rs. 3,60,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198768[]' id='answer-id-796975' class='answer   answerof-198768 ' value='796975'   \/><label for='answer-id-796975' id='answer-label-796975' class=' answer'><span>Rs. 4,80,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198768[]' id='answer-id-796976' class='answer   answerof-198768 ' value='796976'   \/><label for='answer-id-796976' id='answer-label-796976' class=' answer'><span>Rs. 2,40,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198768[]' id='answer-id-796977' class='answer   answerof-198768 ' value='796977'   \/><label for='answer-id-796977' id='answer-label-796977' class=' answer'><span>Rs. 3,80,000<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-96' style=';'><div id='questionWrap-96'  class='   watupro-question-id-198769'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>96. <\/span>Section A (1 Mark) <br \/>\r<br>Mansi deposits Rs. 50,000\/- in a bank account which pays interest @ 10 % per annum. <br \/>\r<br>How much can be withdrawn at the beginning of each year for 5 years if first withdrawal is 6 years from now?<\/div><input type='hidden' name='question_id[]' id='qID_96' value='198769' \/><input type='hidden' id='answerType198769' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198769[]' id='answer-id-796978' class='answer   answerof-198769 ' value='796978'   \/><label for='answer-id-796978' id='answer-label-796978' class=' answer'><span>20242.42<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198769[]' id='answer-id-796979' class='answer   answerof-198769 ' value='796979'   \/><label for='answer-id-796979' id='answer-label-796979' class=' answer'><span>22242.42<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198769[]' id='answer-id-796980' class='answer   answerof-198769 ' value='796980'   \/><label for='answer-id-796980' id='answer-label-796980' class=' answer'><span>31242.42<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198769[]' id='answer-id-796981' class='answer   answerof-198769 ' value='796981'   \/><label for='answer-id-796981' id='answer-label-796981' class=' answer'><span>21242.42<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-97' style=';'><div id='questionWrap-97'  class='   watupro-question-id-198770'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>97. <\/span>Section A (1 Mark) <br \/>\r<br>Which of the followings are the important features of Real estate Investment?<\/div><input type='hidden' name='question_id[]' id='qID_97' value='198770' \/><input type='hidden' id='answerType198770' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198770[]' id='answer-id-796982' class='answer   answerof-198770 ' value='796982'   \/><label for='answer-id-796982' id='answer-label-796982' class=' answer'><span>Property rights<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198770[]' id='answer-id-796983' class='answer   answerof-198770 ' value='796983'   \/><label for='answer-id-796983' id='answer-label-796983' class=' answer'><span>Time horizon<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198770[]' id='answer-id-796984' class='answer   answerof-198770 ' value='796984'   \/><label for='answer-id-796984' id='answer-label-796984' class=' answer'><span>Geographic Area<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198770[]' id='answer-id-796985' class='answer   answerof-198770 ' value='796985'   \/><label for='answer-id-796985' id='answer-label-796985' class=' answer'><span>All of the above<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-98' style=';'><div id='questionWrap-98'  class='   watupro-question-id-198771'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>98. <\/span>Section A (1 Mark) <br \/>\r<br>In case of Credit Assessment, if the lender accepts the application and takes it forward towards acceptance provided it passes through the risk assessment criterion, then the Credit Score Band of the borrower would be:<\/div><input type='hidden' name='question_id[]' id='qID_98' value='198771' \/><input type='hidden' id='answerType198771' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198771[]' id='answer-id-796986' class='answer   answerof-198771 ' value='796986'   \/><label for='answer-id-796986' id='answer-label-796986' class=' answer'><span>501 to 700<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198771[]' id='answer-id-796987' class='answer   answerof-198771 ' value='796987'   \/><label for='answer-id-796987' id='answer-label-796987' class=' answer'><span>601 to 750<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198771[]' id='answer-id-796988' class='answer   answerof-198771 ' value='796988'   \/><label for='answer-id-796988' id='answer-label-796988' class=' answer'><span>501 to 600<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198771[]' id='answer-id-796989' class='answer   answerof-198771 ' value='796989'   \/><label for='answer-id-796989' id='answer-label-796989' class=' answer'><span>750 and above<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-99' style=';'><div id='questionWrap-99'  class='   watupro-question-id-198772'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>99. <\/span>Section B (2 Mark) <br \/>\r<br>___________ applies where there are multiple transactions which are inter-related and cannot be evaluated separately for the purpose of determining arm\u2019s length price of any one transaction.<\/div><input type='hidden' name='question_id[]' id='qID_99' value='198772' \/><input type='hidden' id='answerType198772' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198772[]' id='answer-id-796990' class='answer   answerof-198772 ' value='796990'   \/><label for='answer-id-796990' id='answer-label-796990' class=' answer'><span>Comparable Uncontrolled Price Method [CUP]<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198772[]' id='answer-id-796991' class='answer   answerof-198772 ' value='796991'   \/><label for='answer-id-796991' id='answer-label-796991' class=' answer'><span>Resale Price Method [RPM]<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198772[]' id='answer-id-796992' class='answer   answerof-198772 ' value='796992'   \/><label for='answer-id-796992' id='answer-label-796992' class=' answer'><span>Cost-Plus Method [CPM]<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198772[]' id='answer-id-796993' class='answer   answerof-198772 ' value='796993'   \/><label for='answer-id-796993' id='answer-label-796993' class=' answer'><span>Profit Split Method [PSM]<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-100' style=';'><div id='questionWrap-100'  class='   watupro-question-id-198773'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>100. <\/span>Section A (1 Mark) <br \/>\r<br>Which ONE of the following in not the requirement for managing customer?<\/div><input type='hidden' name='question_id[]' id='qID_100' value='198773' \/><input type='hidden' id='answerType198773' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198773[]' id='answer-id-796994' class='answer   answerof-198773 ' value='796994'   \/><label for='answer-id-796994' id='answer-label-796994' class=' answer'><span>Need and want of customers<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198773[]' id='answer-id-796995' class='answer   answerof-198773 ' value='796995'   \/><label for='answer-id-796995' id='answer-label-796995' class=' answer'><span>Measurement of most or least profitability of customer or product<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198773[]' id='answer-id-796996' class='answer   answerof-198773 ' value='796996'   \/><label for='answer-id-796996' id='answer-label-796996' class=' answer'><span>Measurement of least growth potential of product or customer<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-198773[]' id='answer-id-796997' class='answer   answerof-198773 ' value='796997'   \/><label for='answer-id-796997' id='answer-label-796997' class=' answer'><span>Knowing which customers will be advocates and supporters<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div style='display:none' id='question-101'>\n\t<div class='question-content'>\n\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/img\/loading.gif\" width=\"16\" height=\"16\" alt=\"Loading...\" title=\"Loading...\" \/>&nbsp;Loading...\t<\/div>\n<\/div>\n\n<br \/>\n\t\n\t\t\t<div class=\"watupro_buttons flex \" id=\"watuPROButtons5856\" >\n\t\t  <div id=\"prev-question\" style=\"display:none;\"><input type=\"button\" value=\"&lt; Previous\" onclick=\"WatuPRO.nextQuestion(event, 'previous');\"\/><\/div>\t\t  \t\t  \t\t   \n\t\t   \t  \t\t<div><input type=\"button\" name=\"action\" class=\"watupro-submit-button\" onclick=\"WatuPRO.submitResult(event)\" id=\"action-button\" value=\"View Results\"  \/>\n\t\t<\/div>\n\t\t<\/div>\n\t\t\n\t<input type=\"hidden\" name=\"quiz_id\" value=\"5856\" id=\"watuPROExamID\"\/>\n\t<input type=\"hidden\" name=\"start_time\" id=\"startTime\" value=\"2026-04-22 09:59:27\" \/>\n\t<input type=\"hidden\" name=\"start_timestamp\" id=\"startTimeStamp\" value=\"1776851967\" \/>\n\t<input type=\"hidden\" name=\"question_ids\" value=\"\" \/>\n\t<input type=\"hidden\" name=\"watupro_questions\" value=\"198674:796598,796599,796600,796601 | 198675:796602,796603,796604,796605 | 198676:796606,796607,796608,796609 | 198677:796610,796611,796612,796613 | 198678:796614,796615,796616,796617 | 198679:796618,796619,796620,796621 | 198680:796622,796623,796624,796625 | 198681:796626,796627,796628,796629 | 198682:796630,796631,796632,796633 | 198683:796634,796635,796636,796637 | 198684:796638,796639,796640,796641 | 198685:796642,796643,796644,796645 | 198686:796646,796647,796648,796649 | 198687:796650,796651,796652,796653 | 198688:796654,796655,796656,796657 | 198689:796658,796659,796660,796661 | 198690:796662,796663,796664,796665 | 198691:796666,796667,796668,796669 | 198692:796670,796671,796672,796673 | 198693:796674,796675,796676,796677 | 198694:796678,796679,796680,796681 | 198695:796682,796683,796684,796685 | 198696:796686,796687,796688,796689 | 198697:796690,796691,796692,796693 | 198698:796694,796695,796696,796697 | 198699:796698,796699,796700,796701 | 198700:796702,796703,796704,796705 | 198701:796706,796707,796708,796709 | 198702:796710,796711,796712,796713 | 198703:796714,796715,796716,796717 | 198704:796718,796719,796720,796721 | 198705:796722,796723,796724,796725 | 198706:796726,796727,796728,796729 | 198707:796730,796731,796732,796733 | 198708:796734,796735,796736,796737 | 198709:796738,796739,796740,796741 | 198710:796742,796743,796744,796745 | 198711:796746,796747,796748,796749 | 198712:796750,796751,796752,796753 | 198713:796754,796755,796756,796757 | 198714:796758,796759,796760,796761 | 198715:796762,796763,796764,796765 | 198716:796766,796767,796768,796769 | 198717:796770,796771,796772,796773 | 198718:796774,796775,796776,796777 | 198719:796778,796779,796780,796781 | 198720:796782,796783,796784,796785 | 198721:796786,796787,796788,796789 | 198722:796790,796791,796792,796793 | 198723:796794,796795,796796,796797 | 198724:796798,796799,796800,796801 | 198725:796802,796803,796804,796805 | 198726:796806,796807,796808,796809 | 198727:796810,796811,796812,796813 | 198728:796814,796815,796816,796817 | 198729:796818,796819,796820,796821 | 198730:796822,796823,796824,796825 | 198731:796826,796827,796828,796829 | 198732:796830,796831,796832,796833 | 198733:796834,796835,796836,796837 | 198734:796838,796839,796840,796841 | 198735:796842,796843,796844,796845 | 198736:796846,796847,796848,796849 | 198737:796850,796851,796852,796853 | 198738:796854,796855,796856,796857 | 198739:796858,796859,796860,796861 | 198740:796862,796863,796864,796865 | 198741:796866,796867,796868,796869 | 198742:796870,796871,796872,796873 | 198743:796874,796875,796876,796877 | 198744:796878,796879,796880,796881 | 198745:796882,796883,796884,796885 | 198746:796886,796887,796888,796889 | 198747:796890,796891,796892,796893 | 198748:796894,796895,796896,796897 | 198749:796898,796899,796900,796901 | 198750:796902,796903,796904,796905 | 198751:796906,796907,796908,796909 | 198752:796910,796911,796912,796913 | 198753:796914,796915,796916,796917 | 198754:796918,796919,796920,796921 | 198755:796922,796923,796924,796925 | 198756:796926,796927,796928,796929 | 198757:796930,796931,796932,796933 | 198758:796934,796935,796936,796937 | 198759:796938,796939,796940,796941 | 198760:796942,796943,796944,796945 | 198761:796946,796947,796948,796949 | 198762:796950,796951,796952,796953 | 198763:796954,796955,796956,796957 | 198764:796958,796959,796960,796961 | 198765:796962,796963,796964,796965 | 198766:796966,796967,796968,796969 | 198767:796970,796971,796972,796973 | 198768:796974,796975,796976,796977 | 198769:796978,796979,796980,796981 | 198770:796982,796983,796984,796985 | 198771:796986,796987,796988,796989 | 198772:796990,796991,796992,796993 | 198773:796994,796995,796996,796997\" \/>\n\t<input type=\"hidden\" 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