Section A (1 Mark)

Section A (1 Mark) A(n) _________________________ guarantees the swap parties a specific rate of return on their credit asset. Bank A may agree to pay the total return on the loan to Bank B plus any appreciation in the market value of the loan. In return Bank A will often...

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How many states operate lotteries to generate revenue in US?

Section A (1 Mark) How many states operate lotteries to generate revenue in US?A . 39B . 40C . 48D . All 50 states operate lotteries to generate revenue.View AnswerAnswer: B

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Section A (1 Mark)

Section A (1 Mark) The __________ is NOT a market anomaly.A . size effectB . January effectC . earnings announcement anomalyD . accounting changes effectView AnswerAnswer: D

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Section C (4 Mark)

Section C (4 Mark) Pizer Drugs, a large drugstore chain, had sales per share of Rs122 in 1993, on which it reported earnings per share of Rs2.45 and paid a dividend per share of Rs1.12. The company is expected to grow 6% in the long term, and has a beta...

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Which one of the following statements is incorrect?

Section A (1 Mark) Which one of the following statements is incorrect?A . Most hedge fund managers do not have to explain their investment decisions to investorsB . A hedge fund side pocket prevents the redemption of certain investments which might be difficult to valueC . Lock-ups in hedge funds...

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Section A (1 Mark)

Section A (1 Mark) Deduction under section 80QQB is allowed in respect of royalty income to:A . an individual who is an author of a bookB . an individual who is resident in India and who is an author of a bookC . an individual who is resident in India...

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Section B (2 Mark)

Section B (2 Mark) A project should be considered if the Profitability Index isA . Less than 1B . More than 1C . More than to 0.5D . None of the aboveView AnswerAnswer: B

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Section A (1 Mark)

Section A (1 Mark) When markets are in equilibrium, the CML will be upward slopingA . Because it shows the optimum combination of risky securities.B . Because the price of risk must always be positive.C . Because it contains all securities weighted by their market values.D . Because the CML...

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Section A (1 Mark)

Section A (1 Mark) In case of Credit Assessment, if the lender accepts the application and takes it forward towards acceptance provided it passes through the risk assessment criterion, then the Credit Score Band of the borrower would be:A . 501 to 700B . 601 to 750C . 501 to...

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