KNOWLEDGE BANK FROM B KANAGA SABAPATHY SIR 

LET KNOWLEDGE SPREAD

Spend your lockdown period usefully.

PART-11     22.05.2021

CHOOSE THE RIGHT ANSWER – YES / NO

101. Insurance for fire is borne for relief against any accidental loss due to damage by fire. Is it right?.….. Yes/No

102. The return on investment for shops is more than the return for residential flats. Is it right?.….. Yes/No

103. From 2017 – 18, capital assets held for more than 24 months qualifies for long-term capital gains. Is it right?.….. Yes/No

104. The process of preparing a valuation report usually starts before the valuation is started. Is it right?.….. Yes/No

105. A leased property is normally valued by the income approach. Is it right?.….. Yes/No

106. Capital value is gross income multiplied by years of purchase. Is it right?.….. Yes/No

107. A property is a bundle of rights. Is it right?.….. Yes/No

108. The word “covenant” indicates the terms and conditions stipulated in any deed. Is it right?.….. Yes/No

109. A leaseholder’s interest in a property will normally decrease with the passage of time and ultimately extinguish with the expiry of the lease. Is it right?.….. Yes/No

110. Gross Rent = Net rent – Outgoings. Is it right?.….. Yes/No

ANSWER KEYS

ANSWERS (22.05.2021):

101 – Yes
102 – Yes
103 – Yes
104 – No
105 – Yes
106 – No
107 – Yes
108 – Yes
109 – Yes
110 – No

With best wishes,

B. KANAGA SABAPATHY
[email protected]
www.bkanagasabapathy.com

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