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200 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO BURDEN OF PROOF-INDIAN EVIDENCE ACT 1875 1. In which section of the Indian Evidence Act, 1872 is the concept of “burden of proof” defined? a) Section 101 b) Section 102 c) Section 103 d) Section 104 Answer: a) Section 101 2. The burden of proving […]
100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO PRICE MECHANISM What is the price mechanism? a) The process of setting prices in a centrally planned economy b) The mechanism through which prices are determined in a market economy c) A government regulation that sets maximum prices for goods and services d) The process of
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100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO TIME SERIES & INDEX NUMBERS Time series analysis involves studying data points collected over a _______. a) Specific time period b) Random time period c) Future time period d) Variable time period Answer: a) Specific time period Which of the following is an example of a
200 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO LAW OF EVIDENCE Which of the following is not a type of evidence under the Indian Evidence Act? a) Oral evidence b) Documentary evidence c) Circumstantial evidence d) Expert evidence Answer: d) Expert evidence The Indian Evidence Act, 1872, is applicable to which part of
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100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO RENT CONTROL LAWS 1.What is the purpose of rent control laws in India? a) To ensure affordable housing for tenants b) To protect the rights of landlords c) To encourage real estate development d) To promote rental market competition Answer: a) To ensure affordable housing
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100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO DISCOUNTED CASH FLOW What is discounted cash flow (DCF)? a) A valuation method used to estimate the value of an investment b) A method used to calculate the cost of equity c) A technique to evaluate the creditworthiness of a company d) A method to determine
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KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 29.05.2023 HOW TO VALUE A LEASE HOLD PROPERTY TO THE SAME FAMILY MEMBERS Question : It’s a big hotel property built on 247 cents which is in finishing stage is owned by a family of five people of two generation, part of
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100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO VOID AND VOIDABLE CONTRACT A void contract is one that is: a) Legally binding b) Invalid from the beginning c) Terminated by mutual agreement d) Suspended temporarily Answer: b) Invalid from the beginning A voidable contract is one that can be: a) Cancelled by either party
100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO PROFIT METHOD Which profit method focuses on determining the value of a business based on its ability to generate future profits? a) Net asset value method b) Market capitalization method c) Earnings capitalization method d) Replacement cost method Answer: c) Earnings capitalization method The earnings capitalization
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100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO PRINCIPLES OF INSURANCE AND LOSS ASSESSMENT Which of the following is NOT a principle of insurance? a) Indemnity b) Insurable interest c) Utmost good faith d) Non-disclosure Answer: d) Non-disclosure Insurable interest means: a) The insured person must have a financial stake in the subject matter
100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO FACTORY ACT, 1948: Which legislation regulates the working conditions in factories in India? a) Factory Act, 1948 b) Industrial Disputes Act, 1947 c) Employees’ State Insurance Act, 1948 d) Minimum Wages Act, 1948 Answer: a) Factory Act, 1948 The Factory Act, 1948, applies to factories employing
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100 IMPORTANT QUESTION WITH ANSWERS RELATED TO FUNCTIONS AND ROLE OF MONEY What is the function of money? Money serves as a medium of exchange, a unit of account, and a store of value. How does money facilitate transactions? Money eliminates the need for barter by providing a widely accepted medium of exchange that can
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