NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
MCQ-MARKET SURVEY AND DATA COLLECTION; SOURCES OF SALE TRANSACTIONS What is the primary purpose of conducting a market survey? a) To gather data on customer preferences b) To assess the profitability of a market c) To evaluate the competition d) All of the above Answer: d) All of the above Which method is commonly used […]
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50 MCQ-LAND VALUE BY MARKET APPROACH AND BUILDING VALUE BY COST ESTIMATION METHOD FOR OWNER OCCUPIED BUNGALOWS- FACTORIES- PUBLIC BUILDINGS What is the primary basis for determining land value using the market approach? A) Land productivity B) Comparable sales C) Zoning laws D) Land size Answer: B) Comparable sales Which factor is most important in
MULTIPLE-CHOICE QUESTIONS- INTEGRITY AND FAIRNESS- REMUNERATION AND COSTS- OCCUPATION, EMPLOYABILITY AND RESTRICTIONS- BUSINESS ETHICS What is the primary role of integrity in a professional setting? a) Maximizing profit b) Maintaining consistency in actions and values c) Following orders blindly d) Ignoring conflicts of interest Answer: b) Maintaining consistency in actions and values Which of the
50 MCQ-TRADING ACCOUNT PROFIT AND LOSS ACCOUNT AND INCOME AND EXPENDITURE ACCOUNT IN INDIA Which of the following is credited in the Trading Account? a) Purchases b) Sales c) Wages d) Carriage inward Answer: b) Sales The balance of the Trading Account shows: a) Gross Profit or Loss b) Net Profit or Loss c) Capital
MCQ-ENVIRONMENT AND VALUATION – DIFFERENCES BETWEEN THE MARKET PRICE AND THE NEGATIVE VALUE CONSEQUENT ON ENVIRONMENTAL IMPACT What is typically used to measure the market price of a property? A) Market comparables B) Environmental impact assessments C) Historical cost D) Replacement cost Answer: A) Market comparables Which factor primarily contributes to the negative value of
MCQ-REMUNERATIVE RATE OF INTEREST AND ACCUMULATIVE RATE OF INTEREST What does the accumulative rate of interest refer to? A) The interest rate that accrues on a daily basis. B) The rate at which interest is compounded and added to the principal. C) The rate at which interest is deducted from the principal. D) The flat
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MCQ-COST AND COSTING/ELEMENTS OF COST – FIXED EXPENSES/ VARIABLE EXPENSES/ BREAK-EVEN POINT What is the primary purpose of costing in an organization? A) To determine the selling price of products B) To reduce costs C) To maximize profits D) All of the above Answer: D) All of the above Which of the following is not
MCQ-FACTORY EQUIPMENT: MATERIAL HANDLING AND FIRE PROTECTION Which of the following is the most common material handling equipment used in factories? a) Conveyor belts b) Elevators c) Forklifts d) Cranes Answer: c) Forklifts What is the primary purpose of material handling in a factory? a) To increase production speed b) To minimize material waste c)
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MCQ-REAL ESTATE MARKET IN INDIA, INCLUDING ITS CHARACTERISTICS, INVESTMENT ASPECTS, AND FACTORS INFLUENCING DEMAND AND SUPPLY Which of the following is a common feature of the real estate market in India? A. High liquidity B. Uniform pricing C. High transaction costs D. High volatility Answer: C. High transaction costs 2. What is one of the
50 MCQ-PREMISE OF VALUATION: GOING CONCERN AND LIQUIDATION (INDIA) Which premise of valuation assumes the business will continue to operate indefinitely? A) Going Concern B) Liquidation C) Sale D) Abandonment Answer: A) Going Concern What is the main focus in a liquidation premise of valuation? A) Long-term profitability B) Immediate sale of assets C) Future
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MULTIPLE-CHOICE QUESTIONS ON THE SPECIFIED TOPIC REGARDING THE CONTENTS OF A VALUATION REPORT IN INDIA Question 1: What should be included in the valuation report to indicate the basis of valuation received from the client? A) Personal opinions of the valuer B) Instructions from the client showing the scope of work C) A summary of
MCQ- CONSIDERATIONS IN ACQUISITION AND DISPOSAL OF PLANT AND MACHINERY IN INDIA Question 1 What is the primary legislation governing the transfer of immovable property in India? A. Indian Contract Act, 1872 B. Transfer of Property Act, 1882 C. Companies Act, 2013 D. Indian Trusts Act, 1882 Answer: B. Transfer of Property Act, 1882 Question
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