NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
MULTIPLE-CHOICE QUESTIONS WITH ANSWERS ON INCOME APPROACH TO VALUE What is the Income Approach to Value primarily based on? a) Cost of the property b) Income generated by the property c) Market comparison d) Replacement cost Answer: b) Income generated by the property Which method is commonly used in the Income Approach to Value? a) […]
MULTIPLE-CHOICE QUESTIONS WITH ANSWERS ON INCOME APPROACH TO VALUE Read More »
MCQ-RESIDUE TECHNIQUE AND OTHER DEVELOPMENT METHODS In the Residue Technique, the residual land value is calculated after deducting which of the following from the gross development value? a) Development costs and profit margin b) Building costs and operating expenses c) Rental income and interest d) Taxes and insurance Answer: a) Development costs and profit margin
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50 MCQ-SECTION 5(N) OF THE BANKING REGULATION ACT, 1949 ON SECURED LOAN OR ADVANCE What does Section 5(n) of the Banking Regulation Act, 1949 define? A) Unsecured Loan B) Secured Loan or Advance C) Demand Draft D) Promissory Note Answer: B) Secured Loan or Advance Which of the following is considered a “secured loan or
50 MCQ-SECTION 5(N) OF THE BANKING REGULATION ACT, 1949 ON SECURED LOAN OR ADVANCE Read More »
1. The remunerative rate of interest is primarily intended to: A) Cover inflation B) Compensate the lender for the opportunity cost of lending C) Encourage savings D) Reduce the risk of default Answer: B) Compensate the lender for the opportunity cost of lending 2. Accumulative rate of interest is most closely related to: A) Simple
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MCQ-HEDONIC MODEL AND ADJUSTMENT GRID MODEL UNDER SALES COMPARISON METHOD What does the Hedonic model primarily measure in real estate valuation? a) Cost of construction b) Environmental factors c) Value contribution of individual property features d) Legal constraints Answer: c) Value contribution of individual property features Which of the following is a key advantage of
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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