IC89 Mock Test Series
IC89 Mock Test Series-Click Here
| Q1.If ___ of the Investors by the value of their investment in the AIF pass or resolution at a meeting of unitholders that the AIF be wound up. |
| a) 55% |
| b) 65% |
| c) 75% |
| d) 85% |
| Q2.As per Regulation 13, Provision on investment management, for application received, with local cheques payable at par at the place where the premium is received, after the cut-off time(3.00 pm) on a business day, what will be the applicable NAV? |
| a) The opening NAV of the same day |
| b) The closing NAV of the same day |
| c) The opening NAV of the next day |
| Q3._____ are to be prepared in the forms and manners as prescribed in the IRDA Regulations? |
| a) Customer details |
| b) Appointment of Agents |
| c) Financial statements |
| d) All of the above |
| Q4.Which decision is a very critical one as it requires consideration of many factors such as sources of funds, terms, and conditions of repayment, cost of capital, and control? |
| a) Allocation of fund |
| b) Cross border capital |
| c) Procurement of funds |
| d) None of these |
| Q5.What acts as a Special Purpose Vehicle (SPV) for mobilization of savings and investments and formation of capital for organizations? |
| a) Mutual funds |
| b) Financial statement |
| c) Debt market |
| d) Insurance |
| Q6.All business activities such as purchase, storage, marketing involve transactions and these transactions need to be planned, programmed, and manipulated with a proper information system so as to manage the organization according to the corporate plans and targets. The system related to the Transactions is called _____. |
| a) Transaction process system |
| b) Open system |
| c) Closed system |
| d) Automated system |
| Q7.Which project is the sum of the present value of all cash flows(both positive and negative) that are expected to rise over the life of the projects? |
| a) Net Present Value Method |
| b) Pay-back Method |
| c) Internal Rate of Return(IRR) Method |
| d) Discounted cash flow method |
| Q8.Which of the following is a profitability ratio? |
| a) Market test ratio |
| b) Operating ratio |
| c) Acid test ratio |
| d) Cash ratio |
| Q9.Compute the Rate of return given by Share C? |
| a) 10.256% |
| b) 20.625% |
| c) 33.326% |
| d) 49.652% |
| Q10.___ measures the differential between the return actually earned on a portfolio and the return expected from the portfolio concerned at the various levels of risk. |
| a) Jensen's Alpha Ratio |
| b) Treynor Ratio |
| c) Sharpe's Ratio |
| d) Fama's Net Selectivity Ratio |