NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
MCQ-VALUATION STANDARDS AS PER THE PROVISIONS OF THE COMPANIES ACT 2013 1. Which section of the Companies Act, 2013 deals with the valuation by a registered valuer? a) Section 125 b) Section 247 c) Section 133 d) Section 252 Answer: b) Section 247 2. Who is responsible for appointing a registered valuer according to the […]
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MCQ-DETERMINATION OF MARKET RENT AND STANDARD RENT What is the primary factor in determining market rent in India? a) Property age b) Location c) Tenant’s occupation d) Number of occupants Answer: b) Location Which of the following Acts primarily governs the determination of standard rent in India? a) Indian Contract Act, 1872 b) Rent Control
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Which of the following is an operating expense? – a) Interest paid – b) Loss on sale of fixed assets – c) Bad debts – d) Salaries – Answer: d) Salaries Which of the following is a non-operating income? – a) Sales – b) Discount received – c) Commission received – d) Interest on investments
MULTIPLE CHOICE QUESTIONS WITH ANSWERS- TRADING ACCOUNT PROFIT AND LOSS ACCOUNT Read More »
1-50 MULTIPLE CHOICE QUESTIONS WITH ANSWERS- TRADING ACCOUNT PROFIT AND LOSS ACCOUNT INCOME AND EXPENDITURE ACCOUNT Which of the following is shown on the debit side of a trading account? a) Sales b) Purchases c) Discount received d) Commission received Answer: b) Purchases The main purpose of preparing a trading account is to ascertain the:
50 MCQ-OBLIGATIONS AND RIGHTS OF INSURER AND INSURED Question: Which of the following is an obligation of the insured under an insurance contract? A) Paying the premium B) Issuing the policy document C) Settling claims D) Approving policy changes Answer: A) Paying the premium Question: What is a right of the insured in an insurance
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SOME MULTIPLE-CHOICE QUESTIONS ON THE TOPICS OF THE INDIAN FOREST ACT, 1927, AND THE WATER (PREVENTION AND CONTROL OF POLLUTION) ACT, 1974, ALONG WITH THEIR ANSWERS: Which of the following is the primary objective of the Indian Forest Act, 1927? A. To promote industrial development B. To consolidate the law related to forests, the transit
1-50 MCQ -LIFE OF BUILDING: ECONOMIC/ PHYSICAL/ LEGAL What is the economic life of a building? A. The period during which the building can generate income. B. The period during which the building remains structurally sound. C. The period during which the building is legally compliant. D. The period during which the building is insured.
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MCQS ON ENVIRONMENT AND VALUATION IN INDIA 1. Which of the following is a primary method of valuing environmental resources in India? A. Market pricing B. Contingent valuation C. Cost-benefit analysis D. All of the above Answer: D. All of the above 2. What does the term “Environmental Kuznets Curve” refer to? A. The relationship
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50 MCQ RELATED TO MEASURES OF CENTRAL TENDENCY/ DISPERSION/ AND SKEWNESS Which of the following is not a measure of central tendency? A) Mean B) Median C) Mode D) Range Answer: D) Range If the average monthly income of an Indian household is calculated, which measure of central tendency is being used? A) Mean B)
50 MCQ RELATED TO MEASURES OF CENTRAL TENDENCY/ DISPERSION/ AND SKEWNESS Read More »
MCQS AND SOLUTIONS ON LAWS RELATED TO INDUSTRIAL HEALTH AND SAFETY Which act provides for the health, safety, and welfare of workers in factories? a) The Mines Act, 1952 b) The Factories Act, 1948 c) The Industrial Disputes Act, 1947 d) The Trade Unions Act, 1926 Answer: b) The Factories Act, 1948 Under which section
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MCQS AND SOLUTIONS ON VALUATION OF SPECIAL PROPERTIES IN INDIA: HOTELS/ CINEMAS/ MALLS/ PETROL PUMPS/ AND HILL RESORTS USING THE PROFIT METHOD In hotel valuation, which of the following is a direct cost? A. Administrative salaries B. Housekeeping supplies C. Marketing expenses D. Property taxes Answer: B. Housekeeping supplies What is RevPAR in hotel industry
MULTIPLE CHOICE QUESTIONS (MCQS) ON THE TOPIC CONTROL OF INFLATION IN INDIA: MONETARY, FISCAL, AND DIRECT MEASURES ALONG WITH THEIR ANSWERS: Which of the following is a direct measure to control inflation? A) Increasing indirect taxes B) Lowering the reverse repo rate C) Setting maximum prices for essential goods D) Conducting open market operations Answer: