Question 1

Section B (2 Mark)

NRIs are granted a special benefit by way of an option of being taxed at concessional tax rate of ________ as regards 'investment income' and _______ as regards 'long term capital gains' arising from 'specified assets.

Options :

A : 20% and 10%

B : 15% and20%

C : 12% and 10%

D : 10% and 15%

Answer: B

Question 2

Section A (1 Mark)

You buy a investment plan by investing Rs. 5000/- per month for first 12years and Rs. 10000/- per month for next 12 years. If the rate of interest is 15% per annum compounded monthly . How much amount would you have after 24 years?

Options :

A : 21392639

B : 15802741

C : 15909254

D : 31284601

Answer: C

Question 3

Section B (2 Mark)

Which of the following statement is correct w.r.t to the obligations of an Investment Advisor Registered under SEBI Investment Advisor Regulations 2013.

Options :

A : I, II and III

B : I, II, and IV

C : I, II, III and IV

D : II, III and IV

Answer: C

Question 4

Section A (1 Mark)

Convertible bond arbitrage is to event driven as _________ is to corporate restructuring.

Options :

A : Market neutral

B : Short selling

C : Distressed securities

D : Market timers

Answer: C

Question 5

Section A (1 Mark)

A(n) _____________ is related to the credit option and is usually aimed at lenders able to handle comparatively limited declines in value but wants insurance against serious losses.

Options :

A : credit risk option

B : standby letter of credit

C : credit linked note

D : credit swap

Answer: D