CTN PRESS

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO FINANCE AND FINANCIAL STATEMENT ANALYSIS 1. Which of the following is a primary objective of financial statement analysis? a) To predict the future performance of the company b) To record historical financial transactions c) To ensure compliance with tax regulations d) To determine the company’s market share Answer: a) […]

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO TRADING ACCOUNT/PROFIT AND LOSS ACCOUNT/ INCOME AND EXPENDITURE ACCOUNT Which of the following is prepared to ascertain the result of trading activities? A) Profit and Loss Account B) Income and Expenditure Account C) Trading Account D) Balance Sheet Answer: C) Trading Account Which of the following accounts includes all

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO CONSTRUCTION AND USE OF VALUATION TABLES What is the purpose of valuation tables in construction? A) To estimate the cost of materials B) To assess the market value of properties C) To determine the lifespan of buildings D) To calculate labor costs Answer: B) To assess the market value

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO RENT CONTROL LAWS What is the primary objective of rent control laws in Northern India? A) To maximize profits for landlords B) To ensure affordable housing for tenants C) To encourage real estate speculation D) To regulate property taxes Answer: B) To ensure affordable housing for tenants Which governmental

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO CONTROL OF INFLATION: MONETARY, FISCAL, AND DIRECT MEASURES Which of the following measures is a monetary policy tool used to control inflation in India? a) Increasing government spending b) Reducing the reserve ratio c) Implementing price controls d) Providing subsidies Answer: b) Reducing the reserve ratio Fiscal policy measures

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO ANNUITIES CAPITALISATION AND RATE OF CAPITALISATION An annuity is best described as: a) A one-time lump sum payment b) A series of equal payments made at regular intervals c) A variable payment made annually d) A payment made only at the end of a specified period Answer: b) A

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO FACTORY EQUIPMENT: MATERIAL HANDLING AND FIRE PROTECTION What is the primary purpose of material handling equipment in a factory setting? a) Enhancing employee comfort b) Increasing manufacturing speed c) Ensuring workplace safety d) Reducing utility costs Answer: c) Ensuring workplace safety Which of the following material handling equipment is

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO PRINCIPLES OF INSURANCE AND LOSS ASSESSMENT Which of the following is not a principle of insurance? a) Utmost Good Faith b) Insurable Interest c) Subrogation d) Adverse Selection Answer: d) Adverse Selection In insurance, what is the principle of utmost good faith? a) The insurer must disclose all relevant

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO ENVIRONMENTAL ISSUES IN VALUATION What environmental factor is often considered in the valuation of real estate in India? A) Air quality B) Water pollution C) Noise pollution D) All of the above Answer: D) All of the above Which regulatory body in India mandates environmental impact assessment for certain

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO TORT: GENERAL PRINCIPLES OF TORT, TORT AFFECTING VALUATION Which of the following best defines a tort? a) A contractual obligation b) A civil wrong that causes harm or loss c) A criminal offense d) A breach of statutory duty Answer: b) A civil wrong that causes harm or loss

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO LAWS RELATING TO INHERITANCE/SUCCESSION Which of the following laws governs inheritance and succession in India? a) Indian Succession Act, 1925 b) Indian Penal Code c) Indian Contract Act d) Indian Evidence Act Answer: a) Indian Succession Act, 1925 What does the Indian Succession Act, 1925 primarily deal with? a)

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO TRADING ACCOUNT; PROFIT AND LOSS ACCOUNT; INCOME AND EXPENDITURE ACCOUNT What type of organization typically prepares a Trading Account, Profit and Loss Account, and Income and Expenditure Account? A) Sole Proprietorship B) Partnership Firm C) Joint Stock Company D) All of the above Answer: D) All of the above