NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO SALVAGE VALUE AND SCRAP VALUE What is salvage value? A) The value of an asset at the end of its useful life B) The initial cost of an asset C) The value of an asset when it is bought D) The value of an asset when it is sold […]
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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO LAND ACQUISITION Which of the following acts in India deals with the acquisition of land? A) Land Acquisition Act, 1947 B) Land Acquisition Act, 1894 C) Land Procurement Act, 1956 D) Land Acquisition and Compensation Act, 1980 Answer: B) Land Acquisition Act, 1894 What is the process called when
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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO ENVIRONMENTAL ISSUES IN VALUATION 1.Which of the following is an example of an environmental externality that could affect the valuation of a property? A) Increased property taxes B) Noise pollution from nearby construction C) Rising interest rates D) Changes in local zoning laws Answer: B) Noise pollution from nearby
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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016 What is the primary objective of the Real Estate (Regulation and Development) Act, 2016? a) To regulate property prices b) To establish a Real Estate Regulatory Authority (RERA) for regulation and promotion of the real estate sector c) To restrict the sale
MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO SARFAESI ACT, 2002 1. What is the primary objective of the SARFAESI Act, 2002? A. To regulate foreign investments B. To facilitate securitization and reconstruction of financial assets C. To promote agricultural development D. To regulate stock market transactions Answer: B. To facilitate securitization and reconstruction of financial assets
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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO GENERAL BUILDING RULES AND REGULATIONS Which of the following documents outlines the minimum requirements for safe building design and construction? A) Building Bylaws B) Construction Guidelines C) Building Codes D) Architectural Standards Answer: C) Building Codes What do setback regulations determine in construction? A) The distance a building can
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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO SINKING FUND What is a sinking fund? A) A fund used to invest in sinking assets B) A fund set aside to repay debt obligations C) A fund for emergency expenses D) A fund for employee benefits Answer: B) A fund set aside to repay debt obligations Which of
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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO CAPITALIZATION AND RATE OF CAPITALIZATION IN REAL ESTATE What does the capitalization rate in real estate refer to? A) The rate at which a property appreciates over time B) The rate of return on an investment property based on its income C) The rate at which a property’s market
MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO EASEMENT ACT, 1882 What does the Easement Act, 1882 primarily deal with? a) Property disputes b) Rights over properties c) Contractual obligations d) Business agreements Answer: b) Rights over properties Who can acquire an easement according to the Easement Act, 1882? a) Only individuals b) Only companies c) Both
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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO THE COMPANIES ACT, 2013 Which body regulates the provisions of The Companies Act, 2013? A) Ministry of Corporate Affairs B) Securities and Exchange Board of India (SEBI) C) Reserve Bank of India (RBI) D) Institute of Chartered Accountants of India (ICAI) Answer: A) Ministry of Corporate Affairs What is
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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO INDEMNITY AND GUARANTEE 1. What is the primary difference between indemnity and guarantee? A) Indemnity is a promise to compensate for loss while guarantee is a promise to perform if someone else fails. B) Indemnity involves a promise to perform while guarantee involves compensation for loss. C) Both terms
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