NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 30.07.2023 HOW TO VALUE A DIMOLISHED STRUCTURE FOR CAPITAL GAIN PURPOSES? Question : I got an valuation assignment for capital gain purpose. FMV has to be certified as on 2001. In this case, the structure is currently demolished at site and […]
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KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 28.07.2023 WHETHER CONSTANT PERCENTAGE METHOD IS OTHERWISE CALLED AS LINEAR METHOD? Question : Whether constant percentage method is otherwise called as linear method? Opinion : (by Mr. R.K. Gandhi) No. Linear method is same as straight line method of depreciation where
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KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 26.07.2023 HOW TO VALUE A FLAT FOR SELLING PURPOSES Question : It is a flat of 1,000 sq.ft. which is 50 years old. The UDS of land is 300 sq.ft. How to estimate the value for the purpose of selling? My
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KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 25.07.2023 HOW TO VALUE A FLAT Question : Recently I did the valuation of a new residential flat by rent capitalisation method as well as by land and building method. When I compared the values arrived at by both methods, the
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100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO INDIA CONSTITUTIONAL LAW Which article of the Indian Constitution guarantees the right to equality? a) Article 14 b) Article 19 c) Article 21 d) Article 32 Answer: a) Article 14 Who has the power to initiate the process of impeachment of the President of India?
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100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO THE EMPLOYEES’ PROVIDENT FUNDS AND MISCELLANEOUS PROVISIONS ACT, 1952 Which Act governs the Employees’ Provident Funds (EPF) in India? a) Employees’ State Insurance Act, 1948 b) Payment of Gratuity Act, 1972 c) Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 d) Minimum Wages Act, 1948 Answer:
100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO BOOK-KEEPING AND ACCOUNTANCY Which of the following is not a primary function of bookkeeping? a) Recording financial transactions b) Preparing financial statements c) Analyzing financial data d) Budgeting and forecasting Answer: d) Budgeting and forecasting Which of the following is an example of a current liability?
IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO THE ARBITRATION AND CONCILIATION ACT, 1996 Which legislation governs arbitration and conciliation in India? a) The Arbitration and Conciliation Act, 1996 b) The Indian Arbitration Act, 1985 c) The Mediation and Arbitration Act, 1992 d) The Alternative Dispute Resolution Act, 2000 Answer: a) The Arbitration and Conciliation
100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO ADMINISTRATIVE LAW Which of the following is not a source of Indian Administrative Law? a) Legislation b) Case law c) Custom d) Parliamentary debates Answer: d) Parliamentary debatesAdministrative law primarily deals with the relationship between: a) The government and the judiciary b) The government and the
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100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO THEORY OF MACHINES The branch of engineering that deals with the study of relative motion between various parts of a machine and the forces acting on them is called: a) Kinematics b) Dynamics c) Mechanism d) Theory of Machines Answer: d) Theory of Machines The
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100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO QUANTITY SURVEYING AND VALUATION What is the primary role of a quantity surveyor? a) Cost estimation and budgeting b) Quality control and assurance c) Project scheduling and planning d) Risk management and mitigation Answer: a) Cost estimation and budgeting Which of the following is NOT a
100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO ANNUITIES; CAPITALISATION AND RATE OF CAPITALISATION An annuity is a series of equal payments made at: a) Regular intervals b) Irregular intervals c) Random intervals d) Increasing intervals Answer: a) Regular intervals What is the process of determining the present value of a future sum called?