Welcome to your International Navodaya Chamber of Commerce (INCOC) Platform ! Subject: Direct Tax Laws and International Taxation Total Number of Question: 40 Time: 41 Minutes Please check your email after completion of test for result. All the best... Name Phone No Email State 1. The maximum amount of deduction available under Section 80C for a single assessment year is: ₹1,00,000 ₹1,50,000 ₹2,00,000 ₹2,50,000 None 2. Under Section 10(10D), the amount of maturity proceeds of a life insurance policy is exempt if: The premium paid is less than 10% of the sum assured The premium paid is more than 10% of the sum assured The premium is paid for more than 10 years The policy is not a ULIP None 3. Income received in the form of "rent" from a property is considered under which head of income? Salary Income from house property Income from business Income from other sources None 4. Under which section of the Income Tax Act is "residential status" determined for individuals? Section 5 Section 6 Section 9 Section 10 None 5. The capital gain on the sale of a house property is treated as long-term if the holding period exceeds: 1 year 2 years 3 years 5 years None 6. In the case of a resident Indian, which income is exempt under Section 10? Salary received from foreign employment Agricultural income Income from house property Business income None 7. The "Advance Tax" is payable by a taxpayer if the total estimated tax liability for the financial year exceeds: ₹10,000 ₹5,000 ₹1,00,000 ₹50,000 None 8. Under Section 80E, the deduction is available for: Interest on education loans Principal repayment on education loans Tuition fees for courses None of the above None 9. Which of the following qualifies as a capital asset under the Income Tax Act? Stocks held as inventory Gold jewelry used by the family A car used for business purposes A plot of land held for investment purposes None 10. Which of the following income is taxable under the head "Income from Other Sources"? Income from salary Income from house property Income from winnings in a lottery Business income None 11. The rate of tax applicable to long-term capital gains on unlisted securities is: 10% 20% 30% 15% None 12. Under which section of the Income Tax Act can an individual claim a deduction for medical treatment of a specified disease? Section 80D Section 80G Section 80E Section 80DDB None 13. What is the period of holding required for an asset to be classified as "longterm" under the capital gains tax provision? 1 year 2 years 3 years 5 years None 14. The income of a "non-resident" from foreign sources is taxable in India: Only if the income is received in India Only if the income is earned in India Only under the Double Taxation Avoidance Agreement (DTAA) Not taxable in India None 15. Which of the following is not eligible for a deduction under Section 80G? Donation to a recognized charitable trust Contribution to the PM Relief Fund Contribution to an educational institution Payment of income tax None 16. The tax on long-term capital gains from the sale of shares in a listed company is: 10% 15% 20% 30% None 17. Which of the following incomes is exempt from tax under Section 10? Gratuity received by an employee Pension received by a retired government employee Compensation received on termination of employment None of the above None 18. The provisions of the Income Tax Act relating to the taxation of "nonresidents" are mainly covered under: Section 9 Section 10 Section 5 Section 6 None 19. Which of the following is not taxable under the head "Income from House Property"? Rent income from a property Income from letting a commercial property Income from an agricultural land Income from a residential property None 20. Under which section is the taxation of dividends received from a foreign company covered? Section 10 Section 56 Section 115BBD Section 115BB None 21. In case of a foreign company, the tax rate applicable on business income is: 30% 25% 15% 20% None 22. A deduction under Section 80U is available for: Disabled individuals Senior citizens Students pursuing higher education All of the above None 23. Under Section 80TTA, the deduction for interest on savings accounts is limited to: ₹2,000 ₹1,000 ₹5,000 ₹10,000 None 24. What is the maximum amount of tax that can be reduced under Section 87A for a resident individual below ₹5 lakh income? ₹2,500 ₹3,000 ₹5,000 ₹12,500 None 25. The tax rate applicable on the income of a "firm" (other than LLP) is 30% 25% 20% 15% None 26. The tax on "unexplained deposits" under Section 115BBE is: 30% 20% 40% 10% None 27. The maximum amount of deduction available for contribution to the National Pension Scheme under Section 80CCD(1B) is: ₹50,000 ₹1,00,000 ₹1,50,000 ₹2,00,000 None 28. Which of the following is not a permissible deduction under Section 80C? Fixed deposit with banks Repayment of home loan principal PPF contribution Tuition fees None 29. Income earned from the sale of agricultural land situated in India is: Taxable as income from capital gains Exempt from tax Taxable under business income d) Taxable under the head "Income from Other Sources" None 30. A gift received by an individual from a relative is: Taxable Partially taxable Exempt Taxable only if received in cash None 31. Which of the following is considered "income" under the head "Income from Business and Profession"? Salary received Profit from selling a capital asset Profit from the sale of stock-in-trade Rent from a residential property None 32. The capital gain arising from the sale of shares listed on a stock exchange is considered long-term if the shares are held for more than: 1 year 2 years 3 years 5 years None 33. Under Section 80D, the maximum deduction available for insurance premiums paid for self and family is: ₹10,000 ₹25,000 ₹50,000 ₹1,00,000 None 34. A resident individual can claim a deduction for donations under Section 80G for donations to: Government funds Charitable organizations Political parties All of the above None 35. The tax rate on short-term capital gains from the sale of equity shares in a listed company is: 10% 20% 15% 30% None 36. A tax audit is mandatory if the turnover of a business exceeds ₹25 lakh ₹1 crore ₹10 crore ₹5 crore None 37. Under Section 54EC, capital gains tax is exempted on investment in: National Savings Certificates Rural Development Bonds Bonds issued by a public company Infrastructure Bonds None 38. Which of the following is considered "income" under the head "Income from Other Sources"? Interest on fixed deposit Rent income Profit from business Capital gains None 39. Under which section of the Income Tax Act is the taxation of "transfer of assets" and capital gains covered? Section 9 Section 45 Section 56 Section 80C None 40. The tax rate applicable to income from lottery winnings is: 20% 10% 30% 15% None 1 out of 4 Great job on taking the INCOC Test! We appreciate your interest in test. Look out for results and future opportunities. Stay Connected !! Your quiz time is about to finish. Few seconds left. Time's upYou cannot switch tabs while taking this quiz!You are not allowed to switch tabs violation has been recorded.you cannot minimize full screen mode!You are not allowed to minimize full screen while taking this quiz, violation has been recorded.Access denied! To begin the quiz, please grant this quiz access to your camera.Time is Up!Time is Up!
Welcome to your International Navodaya Chamber of Commerce (INCOC) Platform ! Subject: Direct Tax Laws and International Taxation Total Number of Question: 40 Time: 41 Minutes Please check your email after completion of test for result. All the best... Name Phone No Email State 1. Under Section 80C, the maximum deduction available for contributions to Provident Fund (PF) is: ₹50,000 ₹1,50,000 ₹2,00,000 ₹2,50,000 None 2. In case of transfer of capital assets, which of the following is true regarding capital gains? Capital gains are not taxable Capital gains are taxable at the rate of 10% Capital gains are taxable if the asset is sold at a profit Capital gains are taxed based on the holding period None 3. Under which section of the Income Tax Act is the provision for taxation of gifts received specified? Section 56 Section 54 Section 50C Section 80G None 4. What is the tax rate on long-term capital gains from the sale of listed securities? 15% 20% 10% 30% None 5. Which of the following expenses is deductible under Section 80E for education loan repayment? Tuition fee Interest on the loan Principal repayment None of the above None 6. Which of the following is included in "income from other sources"? Interest on savings account Salary Income from business Agricultural income None 7. Under which section of the Income Tax Act are the provisions regarding the taxation of international transactions specified? Section 92 Section 9 Section 44B Section 10A None 8. Under Section 10(10B), the amount of retrenchment compensation received Fully taxable Partially exempt Fully exempt Taxable only if above ₹5 lakh None 9. The income earned by a foreign company from business activities in India is taxable under which section? Section 5 Section 6 Section 9 Section 44 None 10. What is the rate of tax on the income earned by a non-resident from a foreign exchange asset? 10% 15% 20% 30% None 11. Which of the following is not a capital asset under the Income Tax Act? Jewelry Stock-in-trade Urban land Equity shares None 12. A rebate under Section 87A is available to an individual whose income is less than: ₹2.5 lakh ₹5 lakh ₹3 lakh ₹4 lakh None 13. Under Section 10(14), what is exempt from tax? House rent allowance Medical expenses allowance Travel allowance All of the above None 14. Which of the following is not eligible for a deduction under Section 80G? Contribution to a charity for medical aid Contribution to a government organization Payment of income tax Donation to a specified fund None 15. The due date for filing the return of income for individuals is: 31st March 30th September 31st July 31st August None 16. The tax on long-term capital gains from the sale of a house property is: 10% 20% 15% 30% None 17. Under which section are profits from the sale of capital assets taxed? Section 45 Section 10 Section 56 Section 44 None 18. A rebate under Section 87A is available to: Resident individuals Non-resident Indians Hindu Undivided Families All of the above None 19. The rate of tax on income from lottery winnings is: 20% 10% 30% 25% None 20. Under which section of the Income Tax Act is the concept of "residential status" defined? Section 5 Section 6 Section 9 Section 10 None 21. What is the rate of tax on the income of a foreign company in India? 30% 25% 15% 20% None 22. Which of the following is not a specific deduction under Section 80C? Life insurance premium Tuition fees Bank interest PPF contribution None 23. The "Advance Tax" payment is required if the estimated tax liability exceeds: ₹10,000 ₹1,00,000 ₹50,000 ₹2,50,000 None 24. Which of the following is not a condition for claiming the deduction under Section 80E? The loan should be for higher education The loan should be for self or relative The loan should be for technical courses The loan should be from a government or recognized financial institution None 25. Under Section 10(12), the amount of provident fund contribution is: Taxable Exempt Deductible Partially taxable None 26. The sale of agricultural land in India is subject to: Income tax Capital gains tax Wealth tax None of the above None 27. Under which section is the tax on undisclosed income applicable? Section 115BBE Section 56 Section 45 Section 80G None 28. Under Section 10(10D), the proceeds from a life insurance policy are exempted if: The policy is terminated The policy is surrendered The sum is received on the death of the insured The policy has lapsed None 29. Income earned by a non-resident from a foreign country is: Fully taxable in India Exempt from tax in India Partially taxable in India Taxable only under DTAA None 30. The rate of tax on short-term capital gains from the sale of shares listed on the stock exchange is: 10% 20% 15% 30% None 31. Under which section are deductions available for donations to charitable organizations? Section 80C Section 80D Section 80G Section 80E None 32. Which of the following is a capital asset under the Income Tax Act? Stock in trade Personal car Property used for business Jewelry None 33. The tax rate on income from business and profession is: 10% 20% 30% Based on income None 34. Under which section is the concept of "deemed income" applicable? Section 56 Section 10 Section 9 Section 45 None 35. The tax rate on dividends received by a company is: 10% 20% 25% 30% None 36. Under Section 10(13A), what is exempt from tax? Rent received House Rent Allowance Loan repayment Tax-free bonds None 37. Which of the following is not considered "income" under the Income Tax Act? Salary Gifts from a relative Agricultural income Business income None 38. Which of the following is not subject to tax under Section 80C? Contribution to Provident Fund National Savings Certificate Fixed Deposit Life insurance premium None 39. Tax on capital gains from unlisted securities is: 15% 10% 20% 30% None 40. A resident but not ordinarily resident (RNOR) is taxable on: Income earned in India Income earned outside India Both a and b Only on income received in India None 1 out of 4 Great job on taking the INCOC Test! We appreciate your interest in test. Look out for results and future opportunities. Stay Connected !! Your quiz time is about to finish. Few seconds left. Time's upYou cannot switch tabs while taking this quiz!You are not allowed to switch tabs violation has been recorded.you cannot minimize full screen mode!You are not allowed to minimize full screen while taking this quiz, violation has been recorded.Access denied! To begin the quiz, please grant this quiz access to your camera.Time is Up!Time is Up!
Welcome to your International Navodaya Chamber of Commerce (INCOC) Platform ! Subject: Direct Tax Laws and International Taxation Total Number of Question: 40 Time: 41 Minutes Please check your email after completion of test for result. All the best... Name Phone No Email State 1. Under which section of the Income Tax Act is the deduction for investment in specified savings instruments available? Section 80C Section 80D Section 80E Section 80G None 2. In case of a joint venture, the profits are generally divided Equally among the partners Based on the agreement between the partners Based on the investment ratio None of the above None 3. Under which section of the Income Tax Act can a person claim a deduction on the interest paid for a home loan? Section 80C Section 24(b) Section 80G Section 80E None 4. Under which section is the "transfer pricing" provision discussed? Section 80C Section 92 Section 90 Section 6 None 5. What is the rate of tax on income from lottery winnings? 10% 20% 30% 40% None 6. Income from the sale of agricultural land is: Taxable under Income from Other Sources Exempt from tax Taxable under Capital Gains Taxable under Business Income None 7. Under Section 10(14), the allowance granted to meet the cost of travel is: Fully taxable Fully exempt Exempt subject to limits Deductible from income None 8. In the case of an NRI, income earned outside India is: Fully taxable in India Partially taxable in India Exempt from tax in India Taxable under DTAA only None 9. Under Section 89, which of the following is eligible for tax relief? Gratuity received Arrears of salary Income from business Income from capital gains None 10. A taxpayer is eligible to claim a deduction under Section 80D for: Health insurance premium for self and family Donation to charitable organizations Investment in fixed deposits Payment of tuition fees None 11. The tax rate for income from the transfer of a long-term capital asset (other than listed securities) is: 10% 20% 30% 15% None 12. A rebate under Section 87A is available to a taxpayer if their total income is less than: ₹2.5 lakh ₹3.5 lakh ₹5 lakh ₹10 lakh None 13. Which of the following can be claimed as a deduction under Section 80C? Contribution to the provident fund Payment of life insurance premium Repayment of home loan principal All of the above None 14. The income tax on income from foreign sources is governed by: Income Tax Act of India Double Taxation Avoidance Agreements (DTAA) Foreign Income Tax Laws Both a and b None 15. Under which section can a taxpayer claim deductions for medical treatment of dependent relatives suffering from specified diseases? Section 80DDB Section 80C Section 80G Section 80E None 16. Which of the following is considered as "income from business"? Rental income Profit from sale of goods or services Salary received Income from capital gains None 17. Under Section 10(10D), which of the following is exempt from tax? Death benefits from life insurance policies Premium paid for life insurance policies Surrender proceeds from life insurance policies All of the above None 18. Tax on capital gains is calculated based on: Sale price of the asset Cost of acquisition of the asset Holding period of the asset All of the above None 19. Under the provisions of the Income Tax Act, which of the following is a "deemed" transfer for capital gains? Sale of a property Exchange of property Transfer of assets to a partnership firm All of the above None 20. Income of a resident taxpayer earned from foreign sources is: Fully taxable in India Exempt from tax in India Taxable only under DTAA Taxable only if received in India None 21. Which of the following is not a condition for claiming exemption under Section 10(14) for house rent allowance (HRA)? The taxpayer must receive HRA The taxpayer must pay rent for accommodation The taxpayer must own the accommodation The taxpayer must live in a rented accommodation None 22. A tax audit is compulsory under Section 44AB if the turnover exceeds: ₹10 lakh ₹25 lakh ₹1 crore ₹2 crore None 23. Under Section 10(5), which of the following is exempt from tax? Leave travel concession for travel within India Foreign travel expenses Business travel expenses Travel expenses on official duty None 24. A non-resident Indian is eligible to claim a deduction under Section 80G fo Donation to specified funds Payment of health insurance premium Investment in specified securities All of the above None 25. Under the Income Tax Act, interest on delayed payment of taxes is charged under: Section 234A Section 234B Section 234C All of the above None 26. What is the maximum exemption allowed under Section 10(10C) for retrenchment compensation received? ₹2 lakh ₹3 lakh ₹5 lakh ₹10 lakh None 27. Which of the following is included in the definition of "Capital Asset"? Personal effects Agricultural land Property used for business All of the above None 28. In case of a partnership firm, the profit is assessed in the hands of: The firm itself The individual partners Both the firm and the partners None of the above None 29. Which section of the Income Tax Act deals with the taxation of nonresidents? Section 5 Section 9 Section 10 Section 6 None 30. Which of the following is exempt from income tax under Section 10(10D) Premium paid on life insurance policies Income from house property Dividend income Death benefits from life insurance policies None 31. Under the Income Tax Act, what is the rate of tax on short-term capital gains from the sale of listed securities? 10% 15% 20% 30% None 32. Income of a non-resident from Indian sources is taxed under: Section 9 Section 5 Section 6 Section 2 None 33. Under which section of the Income Tax Act are penalties imposed for concealment of income? Section 271 Section 80G Section 80C Section 80E None 34. In which of the following cases, capital gains tax is applicable? Sale of land Sale of shares Sale of gold All of the above None 35. Which of the following taxes is applicable to income earned by a resident from foreign sources? Tax on capital gains Tax on salary Tax on income from business Tax on income from other sources None 36. Under the Income Tax Act, depreciation is allowed on which of the followin Buildings Machinery and plants Furniture All of the above None 37. Which of the following is taxable under "Income from Business and Profession"? Profit from the sale of an asset Income from freelance work Income from house property Income from salary None 38. Under which section is a taxpayer's income from agricultural land situated outside India taxable? Section 5 Section 9 Section 10 Section 80C None 39. What is the basic rate of tax on the income of a domestic company? 15% 20% 25% 30% None 40. Which of the following does not qualify as a "capital asset" under the Income Tax Act? Land and building Gold and jewelry Stock in trade Mutual funds None 1 out of 4 Great job on taking the INCOC Test! We appreciate your interest in test. Look out for results and future opportunities. Stay Connected !! Your quiz time is about to finish. Few seconds left. Time's upYou cannot switch tabs while taking this quiz!You are not allowed to switch tabs violation has been recorded.you cannot minimize full screen mode!You are not allowed to minimize full screen while taking this quiz, violation has been recorded.Access denied! To begin the quiz, please grant this quiz access to your camera.Time is Up!Time is Up!
Welcome to your International Navodaya Chamber of Commerce (INCOC) Platform ! Subject: Direct Tax Laws and International Taxation Total Number of Question: 40 Time: 41 Minutes Please check your email after completion of test for result. All the best... Name Phone No Email State 1. Under Section 10(38), long-term capital gains arising from the sale of equity shares are: Fully taxable Exempt, subject to conditions Partially exempt Not taxable None 2. A capital asset includes: Immovable property Movable property Both a and b Neither a nor b None 3. Which of the following is a valid deduction under Section 80D? Premium paid for a health insurance policy Premium paid for a life insurance policy Donations to charities All of the above None 4. A taxpayer is eligible to claim a deduction of up to ₹1.5 lakh under which section for investments in specified instruments? Section 80C Section 80D Section 80E Section 80G None 5. Which of the following qualifies for the deduction under Section 80G of the Income Tax Act? Donations to a political party Donations to charitable institutions Income from business All of the above None 6. Under which section of the Income Tax Act is an NRI exempt from tax on income earned outside India? Section 5 Section 6 Section 9 Section 10 None 7. The taxability of "Income from Business and Profession" depends on: Nature of income earned Total income Place of income accrual All of the above None 8. Which of the following is considered a "capital asset" under the Income Tax Act? Stocks and bonds Agricultural land Gold and jewelry All of the above None 9. Under Section 44ADA, which of the following taxpayers is eligible for the presumptive taxation scheme? A lawyer A doctor An architect All of the above None 10. Under Section 10(34), income by way of dividend is exempt if it is received from: A foreign company An Indian company A government corporation A cooperative society None 11. Which section of the Income Tax Act deals with the "Tax on Profits and Gains of Business or Profession"? Section 28 Section 29 Section 30 Section 31 None 12. In the context of transfer pricing, "International Transactions" refers to: Transactions between Indian residents only Transactions between a resident and a non-resident Domestic transactions None of the above None 13. What is the purpose of Section 92 of the Income Tax Act? To levy tax on transfer of property To govern the taxation of international transactions To provide for tax exemption for NRIs None of the above None 14. Which of the following is not an "Income from Other Sources" under Section 56? Income from salary Income from lottery winnings Dividend income Income from gifts None 15. What is the limit of tax-free income under Section 10(10C) on the retrenchment compensation received by an employee? ₹1 lakh ₹2 lakh ₹5 lakh ₹10 lakh None 16. Under Section 80TTB, the maximum deduction allowed on interest income for senior citizens is: ₹10,000 ₹50,000 ₹1,00,000 ₹1,50,000 None 17. For which of the following incomes, the tax treatment under DTAA would apply? Income from business in India Income from interest in a foreign country Income from salary earned in India All of the above None 18. Under the Income Tax Act, "Salary" includes: Only basic salary Basic salary and allowances Salary and perquisites Only allowances None 19. Which of the following is considered "capital gains"? Profit on sale of property Profit on sale of shares Profit on sale of gold All of the above None 20. The tax rate for long-term capital gains on listed securities under Section 112 is: 10% 15% 20% 30% None 21. Section 80U provides a deduction to individuals with: Physical disability Mental illness Both a and b None of the above None 22. Under Section 139, which of the following taxpayers is required to file a return of income? Every resident taxpayer Every taxpayer with a total income exceeding the basic exemption limit c) Every company or firm All of the above None 23. Which of the following is a tax benefit under Section 24(b) for home loan interest payment? Deduction of up to ₹1.5 lakh Deduction of up to ₹2 lakh Deduction of up to ₹5 lakh Deduction of actual home loan interest paid None 24. In case of a private company, the shareholder is taxed on: Only dividends received Dividends and capital gains from sale of shares Only capital gains None of the above None 25. Which of the following is included in the definition of "income" under Section 2(24)? Salary Rent Capital gains All of the above None 26. Under Section 80E, the deduction for interest paid on an education loan is allowed for a maximum period of: 1 year 3 years 5 years 8 years None 27. The tax rate for a domestic company under the new tax regime without exemptions is: 22% 25% 30% 15% None 28. In the case of a Hindu Undivided Family (HUF), the income is assessed in the hands of: The Karta of the HUF The members of the HUF The HUF as a separate entity None of the above None 29. In case of a tax audit, the due date for filing the income tax return is: 30th September 31st October 31st December 31st March None 30. The concept of "permanent establishment" (PE) in international taxation refers to: A fixed place of business A business operating from a rented office Any temporary establishment None of the above None 31. Which of the following expenses are not allowed as a deduction under the head "Income from Business"? Depreciation on assets Salary paid to employees Personal expenses Rent paid for office premises None 32. The benefit of exemption under Section 10(10A) is available for: Gratuity received by an employee during service Gratuity received at the time of retirement Gratuity received after death of the employee None of the above None 33. Which of the following is taxable under "Income from Other Sources"? Income from house property Income from business Dividend income None of the above None 34. Section 80DDB allows a deduction for medical treatment expenses related Physical illness Mental illness Both a and b None of the above None 35. Under which section can a taxpayer claim a deduction for interest on a loan taken to buy a house property? Section 80G Section 24(b) Section 80C Section 80E None 36. The tax rate for capital gains on the sale of listed securities, if held for more than 1 year, is: 10% 15% 20% 30% None 37. Income received by way of interest on deposits in foreign banks is taxable under the head: Salary Business income Income from other sources Capital gains None 38. Under the provisions of Section 9, "income deemed to accrue or arise in India" includes: Income from a business connection in India Income from a property located in India Income from transfer of capital assets situated in India All of the above None 39. Which of the following is an international taxation issue that may arise due to transfer pricing? Double taxation Under-taxation in one jurisdiction Allocation of profits between jurisdictions All of the above None 40. The income of a non-resident earned in India is taxable under: The Income Tax Act of India The law of the foreign country The agreement between India and the foreign country None of the above None 1 out of 4 Great job on taking the INCOC Test! We appreciate your interest in test. Look out for results and future opportunities. Stay Connected!! CMA Madhuri Kashyap (7838600010) Your quiz time is about to finish. Few seconds left. Time's upYou cannot switch tabs while taking this quiz!You are not allowed to switch tabs violation has been recorded.you cannot minimize full screen mode!You are not allowed to minimize full screen while taking this quiz, violation has been recorded.Access denied! To begin the quiz, please grant this quiz access to your camera.Time is Up!Time is Up!
Welcome to your International Navodaya Chamber of Commerce (INCOC) Platform ! Subject: Direct Tax Laws and International Taxation Total Number of Question: 40 Time: 41 Minutes Please check your email after completion of test for result. All the best... Name Phone No Email State 1. Which of the following is not a source of income under "Income from Salary"? Salary Commission Dividend Pension None 2. The maximum limit of deduction under Section 80C for investments in specified financial instruments is: ₹50,000 ₹1,50,000 ₹2,00,000 ₹3,00,000 None 3. Which of the following deductions can be claimed under Section 80D? Life insurance premiums Medical insurance premiums Contributions to pension funds All of the above None 4. What is the maximum deduction allowed under Section 80E for interest on education loans? ₹50,000 ₹1,00,000 ₹1,50,000 No limit (interest can be deducted in full) None 5. Which of the following is eligible for a tax deduction under Section 80G? Donations to political parties Donations to charities and religious organizations Donations to foreign NGOs None of the above None 6. Which of the following types of income is exempt from tax under Section 10(10A)? Gratuity received from a previous employer Gratuity received from a current employer Both a and b None of the above None 7. A person who is a resident but not ordinarily resident in India is liable to tax on: Income earned in India only Income earned outside India only Income earned both in India and outside India None of the above None 8. The maximum amount of tax-free income from a life insurance policy under Section 10(10D) is: ₹1,00,000 ₹2,50,000 ₹5,00,000 Subject to conditions specified under the section None 9. Under Section 80E, the deduction is available for interest on loans taken for which purpose? Higher education Housing loan Medical treatment All of the above None 10. Which of the following does not qualify for tax deduction under Section 80GGA? Donations to scientific research Donations to political parties Donations to universities or colleges Donations to rural development projects None 11. Section 44AA of the Income Tax Act deals with: Maintenance of books of accounts Deduction for donations Deduction for housing loans Taxation of capital gains None 12. Which of the following is exempt from tax under Section 10(13A)? Rent paid by employees Rent received from tenants Income from rental properties None of the above None 13. What is the due date for filing the income tax return for a company in India? 30th September 31st October 31st December 31st March None 14. The "General Anti-Avoidance Rule" (GAAR) is aimed at: Avoiding tax avoidance schemes Reducing corporate tax rates Increasing the tax base Reducing direct tax rates None 15. Section 10(15) of the Income Tax Act exempts interest on which of the following securities? Tax-free bonds issued by the government Corporate bonds Fixed deposits in banks Government securities issued in foreign countries None 16. What does "Double Taxation Avoidance Agreement" (DTAA) primarily deal with? Prevention of double taxation Tax rate increases Tax fraud prevention Reduction of tax base None 17. A non-resident Indian (NRI) is taxable in India on: Income received or accrued in India Global income Income earned outside India None of the above None 18. Which of the following income is taxable under "Income from House Property"? Rent received from commercial property Income from agricultural land Dividend from house property None of the above None 19. The tax on capital gains is applicable when: There is a sale or transfer of a capital asset There is inheritance of property There is a gift of property All of the above None 20. Which section of the Income Tax Act deals with the taxation of non-resident individuals? Section 5 Section 6 Section 9 Section 10 None 21. The tax liability of a company is based on: Its income from business or profession Its income from house property Its total income Its dividends received None 22. Under Section 43B, which of the following expenses is deductible on actual payment basis? Salaries Depreciation Bonus Taxes and duties None 23. What is the tax treatment of foreign income earned by a resident in India? Taxable in India if it is received or accrued in India Exempt from tax Taxable in the foreign country None of the above None 24. The income earned by a foreign company through its Permanent Establishment (PE) in India is taxed as: Business income Capital gains Dividend income Royalty income None 25. Section 80GG allows a deduction for: Rent paid by the individual for residential accommodation Medical expenses Donations to charity Investments in PPF None 26. What is the tax rate applicable to a partnership firm in India? 30% 25% 22% 15% None 27. Which of the following is exempt from capital gains tax under Section 54? Sale of residential property Sale of agricultural land Sale of stock-in-trade Sale of commercial property None 28. Under Section 90, the Indian government can enter into a Double Taxation Avoidance Agreement (DTAA) with which of the following? Any country Only European countries Only Asian countries None of the above None 29. Which of the following is an example of an "International Transaction" under Transfer Pricing regulations? Sale of goods to a related party Sale of goods to an unrelated party Interest on domestic loans None of the above None 30. The term "Tax Residence Certificate" (TRC) is used in the context of Determining the residential status of a taxpayer Claiming benefits under DTAA Filing tax returns in India All of the above None 31. Tax on income earned from "Capital Gains" is: Deducted at source A flat rate of 10% Dependent on the holding period of the asset Exempt in all cases None 32. The assessment of a taxpayer is made under which section of the Income Tax Act? Section 143 Section 144 Section 145 Section 146 None 33. Which of the following is a valid reason for invoking the provisions of GAAR (General Anti-Avoidance Rules)? Tax avoidance schemes with no economic substance Loss claimed by the taxpayer in the absence of commercial reasons Both a and None of the above None 34. Section 80TTA provides for a deduction on: Income from savings accounts Income from dividends Income from capital gains None of the above None 35. The concept of "Income Accruing or Arising in India" includes: Income from business conducted in India Income from property located in India Both a and b None of the above None 36. Which of the following would be included in the "Income from Other Sources" category? Income from lottery winnings Salary income Profit from business Rent from agricultural land None 37. What is the tax treatment of a non-resident's income from interest received in India? Exempt from tax Taxable at a flat rate Taxable at normal rates Taxable only if remitted to India None 38. Which of the following is true about the "Advance Tax" system in Ind It is applicable only to companies It is applicable to all taxpayers who expect to have a tax liability of over ₹10,000 It applies only to individuals None of the above None 39. Taxable income for a resident is determined based on: Total income received in India Global income Income received from both India and abroad None of the above None 40. What is the rate of tax deduction on interest on fixed deposits under Section 194A? 5% 10% 15% 20% None 1 out of 4 Great job on taking the INCOC Test! We appreciate your interest in test. Look out for results and future opportunities. Stay Connected !! Your quiz time is about to finish. Few seconds left. Time's upYou cannot switch tabs while taking this quiz!You are not allowed to switch tabs violation has been recorded.you cannot minimize full screen mode!You are not allowed to minimize full screen while taking this quiz, violation has been recorded.Access denied! To begin the quiz, please grant this quiz access to your camera.Time is Up!Time is Up!
Welcome to your International Navodaya Chamber of Commerce (INCOC) Platform ! Subject: Direct Tax Laws and International Taxation Total Number of Question: 40 Time: 41 Minutes Please check your email after completion of test for result. All the best... Name Phone No Email State 1. Which of the following is a characteristic of the Income Tax Act, 1961? It is applicable only to individuals. It is applicable to all residents and non-residents of India. It deals exclusively with international taxation. It applies to all types of taxation in India. None 2. Under Section 2(1A) of the Income Tax Act, "Assessee" refers to: A person who is liable to pay taxes A person who is entitled to receive income A person who files an income tax return All of the above None 3. Which of the following income is not included in the income of a taxpayer under "Income from Other Sources"? None 4. The maximum period of limitation for assessment under Section 153 of the Income Tax Act is: 2 years 3 years 6 years 10 years None 5. In the context of International Taxation, what is the main objective of Double Taxation Avoidance Agreement (DTAA)? To increase taxes To avoid double taxation on the same income To simplify tax filing To promote tax evasion None 6. In which of the following cases can an assessee claim a tax credit for foreign taxes paid? Under Section 90 Under Section 91 Both (a) and (b) d None of the above None 7. Transfer Pricing refers to: Taxation on the transfer of property Tax rates on imports and exports The pricing of goods, services, or intangible assets between related entities None of the above None 8. The maximum allowable deduction for interest on housing loans under Section 24(b) of the Income Tax Act is: ₹1,50,000 ₹2,00,000 ₹3,00,000 ₹4,00,000 None 9. The tax rate for a Domestic Company in India, as per the Finance Act,is 15% 22% 30% 40% None 10. Which of the following is a source of income under "Capital Gains" in the Income Tax Act, 1961? Income from agriculture Income from property rental Profit from the sale of land or property Dividend income None 11. Under which section of the Income Tax Act is the concept of "Income in the hands of the Assessee" defined? Section 2(24) Section 5 Section 10 Section 6 None 12. "Permanent Establishment" (PE) is a concept primarily used in: Goods and Services Tax (GST) Direct Tax Laws International Taxation Indirect Tax Laws None 13. Under Section 44AB of the Income Tax Act, which of the following taxpayers are required to get their accounts audited? Companies only Individuals with gross receipts above a certain limit Both a and b None of the above None 14. Which of the following expenses are deductible under Section 37(1) of the Income Tax Act? Capital expenditure Personal expenses Business expenses Both a and b None 15. Under Section 10(34) of the Income Tax Act, what is the tax exemption limit for dividend income received from domestic companies? ₹10,000 ₹20,000 ₹50,000 Nil None 16. What is the rate of Tax Deducted at Source (TDS) on interest income under Section 194A? 5% 10% 15% 30% None 17. Which of the following is an example of a "Special Economic Zone" (SEZ) under the Income Tax Act? Export Processing Zone Free Trade Zone Software Technology Parks All of the above None 18. The Income Tax Act exempts which of the following from tax? Income from agricultural land Income from the sale of securities Salary income from a government job All of the above None 19. "Advance Rulings" under the Income Tax Act are sought to: Determine the correctness of a tax return Seek clarification on complex tax matters Avoid double taxation File tax returns None 20. Which of the following taxes are dealt with under the Goods and Services Tax (GST) Act, not the Income Tax Act? GST on exports GST on income from business Tax on capital gains Tax on income from agriculture None 21. Under Section 90 of the Income Tax Act, which country's tax treaty benefits can be availed by an Indian resident? Any country with which India has a DTAA Only European Union countries Only Asian countries None of the above None 22. Which of the following taxes is levied on non-resident foreign companies operating in India? Capital gains tax Dividend distribution tax Income tax All of the above None 23. Under Section 10(13A), what deduction is available for rent paid by employees? ₹24,000 per year ₹2,000 per month 50% of basic salary Rent paid minus 10% of salary None 24. In case of non-resident individuals, income from which of the following is taxable in India? Interest on savings account in a foreign bank Income from salary for services rendered outside India c) Income from business outside India All of the above None 25. The tax treatment of "royalties" and "fees for technical services" under a Double Taxation Avoidance Agreement (DTAA) depends on: The specific agreement between India and the foreign country The tax rates of the foreign country Whether the income is capital or revenue None of the above None 26. Which of the following is included in the definition of "international transaction" under transfer pricing regulations? Purchase of goods between related parties Sale of goods between unrelated parties Services rendered to non-residents None of the above None 27. Which of the following tax rates are applicable to a resident individual above 60 years of age but below 80 years? 10% 20% 30% Nil for income up to ₹3,00,000 None 28. The main objective of Section 56(2)(vi) of the Income Tax Act is to: Taxing lottery income b) Taxing gifts received from non-relatives c) Taxing income from agricultural land d) None of the above None 29. A foreign company that sets up a Permanent Establishment (PE) in India will be liable to pay tax in India on: Income earned in India Worldwide income Only business income None of the above None 30. Under which section of the Income Tax Act, can a taxpayer claim deductions for donations made to charitable organizations? Section 80C Section 80G Section 80D Section 80E None 31. The income tax rate for a non-resident individual on income earned in India is: 10% 20% 30% 40% None 32. Under which section of the Income Tax Act is "Taxation of Income of a Hindu Undivided Family" (HUF) specified? Section 2(31) Section 10 Section 60 Section 64 None 33. Under Section 9 of the Income Tax Act, which of the following is considered an income deemed to accrue or arise in India? Income from agricultural activities outside India Income from business in foreign countries Interest income on loans provided to residents of India All of the above None 34. What is the maximum amount of exemption available under Section 10(10D) on life insurance policy proceeds? ₹1,00,000 ₹2,50,000 ₹5,00,000 Exempt if conditions are satisfied None 35. Which of the following is not an example of "Capital Assets" under the Income Tax Act? Land Buildings Stock-in-trade Patents None 36. Under the Income Tax Act, the term "Transfer" includes: Sale of property Exchange of property Gift of property All of the above None 37. Taxpayers who are eligible for presumptive taxation under Section 44AD must have total turnover not exceeding: ₹20 lakhs ₹25 lakhs ₹50 lakhs ₹2 crore None 38. The withholding tax on payments to foreign companies under Section 195 for income other than salary is: 5% 10% 20% 30% None 39. Which of the following types of income is exempt from tax under Section 10(1) of the Income Tax Act? Agricultural income Dividend income Interest income Rent income None 40. Which section of the Income Tax Act deals with "Income from Business and Profession"? Section 28 Section 29 Section 30 Section 32 None 1 out of 4 Great job on taking the INCOC Test! We appreciate your interest in test. Look out for results and future opportunities. Stay Connected !! Your quiz time is about to finish. Few seconds left. Time's upYou cannot switch tabs while taking this quiz!You are not allowed to switch tabs violation has been recorded.you cannot minimize full screen mode!You are not allowed to minimize full screen while taking this quiz, violation has been recorded.Access denied! To begin the quiz, please grant this quiz access to your camera.Time is Up!Time is Up!
Welcome to your International Navodaya Chamber of Commerce (INCOC) Platform ! Subject: Strategic Financial Management Total Number of Question: 40 Time: 41 Minutes Please check your email after completion of test for result. All the best... Name Phone No Email State 1. A company has a receivable of USD 200,000. The spot rate is ₹74/USD and the 6- month forward rate is ₹75/USD. What will be the amount receivable in INR after 6 months using the forward contract? ₹14,800,000 ₹15,000,000 ₹14,500,000 ₹15,200,000 None 2. A company needs to pay €80,000 in 3 months. The spot rate is ₹90/€, and the 3- month forward rate is ₹91/€. What will be the amount payable in INR in 3 months using the forward contract? ₹7,200,000 ₹7,300,000 ₹7,400,000 ₹7,500,000 None 3. A company has a receivable of ¥1,500,000. The spot rate is ₹0.60/¥ and the 6-month forward rate is ₹0.61/¥. What will be the amount receivable in INR in 6 months if the company enters into a forward contract? ₹915,000 ₹900,000 ₹915,500 ₹910,000 None 4. A company needs to pay GBP 120,000 in 1 year. The spot rate is ₹105/GBP, and the 1-year forward rate is ₹106/GBP. What will be the amount payable in INR after 1 year using the forward contract? ₹12,720,000 ₹12,600,000 ₹12,800,000 ₹13,000,000 None 5. A company has a receivable of USD 250,000. The spot rate is ₹76/USD, and the 1- year forward rate is ₹78/USD. What will be the amount receivable in INR after 1 year using the forward contract? ₹19,000,000 ₹19,500,000 ₹20,000,000 ₹20,500,000 None 6. A trader sells a futures contract on crude oil at ₹5,000 per barrel. The contract size is 1,000 barrels. What is the total value of the futures contract? ₹5,000,000 ₹4,500,000 ₹5,500,000 ₹4,000,000 None 7. A company buys a call option with a strike price of ₹1,500 and pays a premium of ₹70. The stock price rises to ₹1,700. What is the net profit or loss from the call option? ₹100 profit ₹70 profit ₹120 profit ₹130 profit None 8. An investor buys a futures contract on gold at ₹54,000 per 10 grams. The contract size is 1 kilogram (1000 grams). What is the total value of the futures contract? ₹54,000,000 ₹5,400,000 ₹5,400,000,000 ₹540,000 None 9. A company enters into an interest rate swap to exchange a fixed rate of 8% for a floating rate of LIBOR + 2%. If the notional amount is ₹50,000,000, what is the fixed amount the company will pay? ₹4,000,000 ₹4,500,000 ₹5,000,000 ₹6,000,000 None 10. A company buys a futures contract on wheat at ₹1,600 per quintal. The contract size is 100 quintals. What is the total value of the futures contract? ₹1,600,000 ₹2,000,000 ₹1,700,000 ₹2,500,000 None 11. A project requires an initial investment of ₹3,00,000 and generates cash inflows of ₹80,000 annually for 4 years. What is the Payback Period of the project? 3.5 years 4 years 3 years 5 years None 12. A project has an initial investment of ₹7,00,000 and generates annual cash inflows of ₹2,00,000 for 5 years. The cost of capital is 10%. What is the NPV of the project ₹90,000 ₹1,00,000 ₹1,10,000 ₹1,20,000 None 13. A project has an initial investment of ₹5,00,000. The project generates cash inflows of ₹1,50,000 for the first 2 years and ₹2,00,000 for the next 3 years. The required rate of return is 12%. What is the IRR of the project? 12% 14% 16% 18% None 14. A project requires an investment of ₹1,00,000 and generates cash inflows of ₹25,000 for 6 years. What is the Payback Period of the project? 4 years 5 years 6 years 7 years None 15. . A company is evaluating a project with an initial investment of ₹4,00,000. The project generates cash inflows of ₹1,00,000 annually for 5 years. The cost of capital is 15%. What is the NPV of the project? ₹50,000 ₹60,000 ₹70,000 ₹80,000 None 16. An investor has a portfolio consisting of 50% Stock A with an expected return of 14% and 50% Stock B with an expected return of 18%. What is the expected return of the portfolio? 16% 15% 16.5% 17% None 17. The risk-free rate is 7%, and the expected market return is 15%. A stock has a beta of 0.9. What is the expected return of the stock according to the CAPM? 13.2% 14% 13% 15% None 18. An investor holds a portfolio with an expected return of 12% and a standard deviation of 18%. If the risk-free rate is 5%, what is the Sharpe ratio of the portfolio? 0.44 0.39 0.33 0.50 None 19. An investor's portfolio consists of 70% Stock A with an expected return of 16% and 30% Stock B with an expected return of 10%. What is the expected return of the portfolio? 12.2% 13.2% 14.2% 15.2% None 20. The correlation coefficient between two assets in a portfolio is -0.3. The standard deviation of Asset A is 15% and Asset B is 25%. What is the portfolio's standard deviation if the weights of the assets are 0.6 and 0.4, respectively? 14.3% 13.2% 15.5% 16.5% None 21. A company has a foreign currency receivable of €100,000. The spot rate is ₹90/€ and the 6-month forward rate is ₹92/€. What will be the amount receivable in INR after 6 months using the forward contract? ₹9,200,000 ₹9,500,000 ₹9,000,000 ₹9,400,000 None 22. A company has a foreign currency payable of ¥2,000,000. The spot rate is ₹0.60/¥ and the 3-month forward rate is ₹0.58/¥. What will be the amount payable in INR in 3 months using the forward contract? ₹1,100,000 ₹1,200,000 ₹1,150,000 ₹1,300,000 None 23. A company needs to pay USD 500,000 in 1 year. The spot rate is ₹75/USD, and the 1-year forward rate is ₹76/USD. What will be the amount payable in INR after 1 year using the forward contract? ₹37,000,000 ₹38,000,000 ₹35,500,000 ₹36,000,000 None 24. A company has a receivable of £200,000. The spot rate is ₹105/£ and the 1-year forward rate is ₹108/£. What will be the amount receivable in INR after 1 year using the forward contract? ₹21,000,000 ₹22,000,000 ₹21,500,000 ₹22,500,000 None 25. A company has a receivable of USD 150,000. The spot rate is ₹74/USD and the 1- month forward rate is ₹75/USD. What will be the amount receivable in INR after 1 month using the forward contract? ₹11,250,000 ₹11,500,000 ₹11,750,000 ₹12,000,000 None 26. A company buys a call option on shares of XYZ Ltd with a strike price of ₹1,200 and pays a premium of ₹100 per share. If the stock price rises to ₹1,350, what is the profit or loss from the option? ₹150 profit ₹250 profit ₹100 profit ₹150 loss None 27. A trader enters into a futures contract on crude oil at ₹6,000 per barrel. The contract size is 500 barrels. What is the total value of the futures contract? ₹3,000,000 ₹3,500,000 ₹3,200,000 None 28. A company buys a futures contract on wheat at ₹1,300 per quintal. The contract size is 200 quintals. What is the total value of the futures contract? ₹260,000 ₹280,000 ₹290,000 ₹320,000 None 29. A company enters into an interest rate swap to pay a fixed rate of 9% and receive a floating rate of LIBOR + 2%. The notional amount is ₹10,000,000. What is the fixed amount the company will pay? ₹800,000 ₹900,000 ₹1,000,000 ₹1,200,000 None 30. A trader buys a put option on XYZ Ltd stock at a strike price of ₹1,500 and pays a premium of ₹75 per share. If the stock price falls to ₹1,400, what is the net profit or loss from the option? ₹100 profit ₹125 profit ₹75 profit ₹100 loss None 31. A project requires an initial investment of ₹10,00,000 and generates annual cash inflows of ₹3,00,000 for 5 years. The cost of capital is 10%. What is the NPV of the project? ₹50,000 ₹60,000 ₹70,000 ₹80,000 None 32. A project requires an investment of ₹2,50,000 and generates cash inflows of ₹60,000 per year for 6 years. What is the Payback Period of the project? 4.5 years 5 years 5.5 years 6 years None 33. A project has an initial investment of ₹6,00,000 and generates annual cash inflows of ₹1,50,000 for 6 years. The cost of capital is 12%. What is the IRR of the project 10% 12% 14% 16% None 34. A project requires an initial investment of ₹5,00,000 and generates cash inflows of ₹1,00,000 annually for 7 years. The required rate of return is 15%. What is the NPV of the project? ₹1,50,000 ₹2,00,000 ₹2,50,000 ₹3,00,000 None 35. A project generates cash inflows of ₹1,00,000 annually for 5 years. The cost of capital is 10%. What is the NPV of the project if the initial investment is ₹3,00,0 ₹1,00,000 ₹50,000 ₹1,50,000 ₹2,00,000 None 36. The risk-free rate is 5%, and the expected market return is 12%. A stock has a beta of 1.5. What is the expected return of the stock according to the CAPM? 14.5% 15% 16.5% 17% None 37. A portfolio has 60% of Asset A and 40% of Asset B. If the expected return of Asset A is 18% and Asset B is 12%, what is the expected return of the portfolio? 16.8% 15.5% 17% 14.5% None 38. The correlation coefficient between two assets in a portfolio is 0.5. The standard deviation of Asset A is 20% and Asset B is 30%. What is the portfolio's standard deviation if the weights of the assets are 0.7 and 0.3, respectively? 23% 24% 25% 26% None 39. The risk-free rate is 4% and the expected market return is 10%. What is the beta of a stock if its expected return is 8%? 0.5 0.75 1 1.25 None 40. An investor has a portfolio with the following assets: 50% of Asset A, 30% of Asset B, and 20% of Asset C. The expected returns of the assets are 12%, 10%, and 8%, respectively. What is the expected return of the portfolio? 10.4% 11% 10% 9.5% None 1 out of 4 Great job on taking the INCOC Test! We appreciate your interest in test. Look out for results and future opportunities. Stay Connected !! Your quiz time is about to finish. Few seconds left. Time's upYou cannot switch tabs while taking this quiz!You are not allowed to switch tabs violation has been recorded.you cannot minimize full screen mode!You are not allowed to minimize full screen while taking this quiz, violation has been recorded.Access denied! To begin the quiz, please grant this quiz access to your camera.Time is Up!Time is Up!
Welcome to your International Navodaya Chamber of Commerce (INCOC) Platform ! Subject: Strategic Financial Management Total Number of Question: 40 Time: 41 Minutes Please check your email after completion of test for result. All the best... Name Phone No Email State 1. The current spot rate of USD/INR is ₹74, and the 3-month forward rate is ₹75. If an Indian company enters into a forward contract to buy USD 100,000, what is the amount payable in INR in 3 months? ₹7,400,000 ₹7,500,000 ₹7,600,000 ₹7,700,000 None 2. A company is holding €100,000 receivable, and the current spot rate is ₹90/€. The 3- month forward rate is ₹91/€. What will be the amount to be received in INR after 3 months using the forward contract? ₹9,100,000 ₹9,000,000 ₹8,900,000 ₹8,800,000 None 3. An Indian exporter has a receivable of USD 200,000 in 6 months. The spot rate is ₹70/USD, and the forward rate is ₹72/USD. What will be the value of the receivable in INR if the company settles using the forward contract? ₹14,000,000 ₹14,400,000 ₹14,800,000 ₹15,000,000 None 4. A company expects to receive ¥10,000,000 in 1 year. The spot rate is ₹0.65/¥, and the forward rate is ₹0.68/¥. What is the amount to be received in INR if the company enters into a forward contract? ₹6,800,000 ₹7,000,000 ₹6,500,000 ₹6,200,000 None 5. A company has a receivable of €200,000, and the spot rate is ₹84/€. The 1-month forward rate is ₹83/€. What will be the INR amount received after 1 month if the company settles using the forward contract? ₹16,600,000 ₹16,800,000 ₹17,000,000 ₹17,200,000 None 6. An investor holds a put option on a stock with a strike price of ₹500 and a premium of ₹25. The stock price falls to ₹450. What is the net profit or loss from the put option? ₹25 profit ₹50 profit ₹75 profit ₹25 loss None 7. An investor buys a futures contract on silver at ₹45,000 per kilogram. The contract size is 100 kilograms. What is the total value of the futures contract? ₹4,500,000 ₹4,400,000 ₹4,300,000 ₹4,200,000 None 8. A trader sells a futures contract on crude oil at ₹5,000 per barrel. The contract size is 500 barrels. What is the total value of the futures contract? ₹2,500,000 ₹2,000,000 ₹2,200,000 ₹2,300,000 None 9. An investor purchases a call option on a stock with a strike price of ₹600. The premium is ₹50, and the stock price rises to ₹650. What is the net profit from the call option? ₹100 profit ₹50 profit ₹200 profit ₹150 profit None 10. A company enters into an interest rate swap where it receives a fixed rate of 8% and pays a floating rate of LIBOR + 2%. If LIBOR is 6%, what is the net cash flow for the company? ₹2% ₹4% ₹6% ₹8% None 11. A project requires an initial investment of ₹3,00,000 and generates cash inflows of ₹90,000 annually for 5 years. What is the Payback Period? 2.5 years 3 years 4 years 5 years None 12. A project has an initial investment of ₹5,00,000 and generates ₹1,50,000 in cash inflows for 5 years. The cost of capital is 10%. What is the NPV of the project? ₹1,20,000 ₹1,50,000 ₹1,10,000 ₹1,30,000 None 13. A company has an initial investment of ₹4,00,000. The expected cash inflows over the next 4 years are ₹1,20,000 annually. The cost of capital is 12%. What is the IRR of the project? 10% 11% 12% 13% None 14. A project has an initial cost of ₹2,50,000 and generates annual cash inflows of ₹80,000 for 4 years. The required rate of return is 14%. What is the NPV of the project? ₹20,000 ₹25,000 ₹30,000 ₹35,000 None 15. A company is evaluating a project requiring an investment of ₹1,00,000. The project generates cash inflows of ₹25,000 annually for 5 years. What is the Profitability Index (PI) of the project? 1.25 1.50 1.10 1.20 None 16. An investor has a portfolio consisting of Asset A with a weight of 0.6 and an expected return of 12%, and Asset B with a weight of 0.4 and an expected return of 8%. What is the expected return of the portfolio? 10% 11% 12% 13% None 17. The correlation coefficient between two assets in a portfolio is 0.7. If the standard deviation of Asset X is 20% and Asset Y is 15%, what is the portfolio standard deviation if the weights of the assets are 0.5 and 0.5? 17.50% 18.30% 16.70% 19.50% None 18. The risk-free rate is 5%, and the expected market return is 15%. A stock has a beta of 1.2. What is the expected return of the stock according to CAPM? 16% 18% 17% 19% None 19. An investor has a portfolio consisting of 50% stocks with an expected return of 12% and 50% bonds with an expected return of 6%. What is the expected return of the portfolio? 10% 11% 12% 13% None 20. An investor holds a portfolio with an expected return of 20% and a standard deviation of 25%. If the risk-free rate is 5%, what is the Sharpe ratio of the portfolio? 0.6 0.8 1.2 0.7 None 21. A company has a receivable of USD 150,000, and the spot rate is ₹78/USD. The 6- month forward rate is ₹79/USD. What will be the amount payable in INR after 6 months if the company settles using the forward contract? ₹11,850,000 ₹12,000,000 ₹11,950,000 ₹12,150,000 None 22. A company has a payable of €50,000. The spot rate is ₹88/€ and the 3-month forward rate is ₹89/€. What will be the amount payable in INR in 3 months using the forward contract? ₹4,400,000 ₹4,500,000 ₹4,600,000 ₹4,700,000 None 23. A company has a receivable of ¥1,200,000. The spot rate is ₹0.58/¥ and the 1-year forward rate is ₹0.60/¥. What will be the amount receivable in INR in 1 year if the company enters into a forward contract? ₹720,000 ₹750,000 ₹760,000 ₹780,000 None 24. A company needs to pay GBP 100,000 in 6 months. The spot rate is ₹102/GBP, and the 6-month forward rate is ₹103/GBP. What will be the amount payable in INR after 6 months using the forward contract? ₹10,300,000 ₹10,200,000 ₹10,500,000 ₹10,100,000 None 25. The current spot rate for USD/INR is ₹75, and the 1-year forward rate is ₹77. If a company enters into a forward contract to buy USD 500,000, what is the amount payable in INR after 1 year? ₹37,000,000 ₹38,500,000 ₹37,500,000 ₹38,000,000 None 26. An investor buys a futures contract on gold at ₹55,000 per 10 grams. The contract size is 1 kilogram (1000 grams). What is the total value of the futures contract? ₹55,000,000 ₹5,500,000 ₹5,500,000,000 ₹550,000 None 27. A trader sells a call option on a stock with a strike price of ₹1,200 and a premium of ₹40. The stock price rises to ₹1,300. What is the net profit or loss from the call option? ₹40 loss ₹100 profit ₹60 profit ₹60 loss None 28. A company enters into a currency swap where it receives USD 100,000 and pays ₹7,500,000. The exchange rate is ₹75/USD. What is the fixed exchange rate of the swap? ₹75/USD ₹76/USD ₹77/USD ₹78/USD None 29. A trader buys a futures contract on crude oil at ₹4,000 per barrel. The contract size is 1,000 barrels. What is the total value of the futures contract? ₹4,000,000 ₹40,000,000 ₹4,500,000 ₹4,200,000 None 30. An investor buys a futures contract on wheat at ₹1,500 per quintal. The contract size is 100 quintals. What is the total value of the futures contract? ₹150,000 ₹1,500,000 ₹1,200,000 ₹1,000,000 None 31. A project has an initial investment of ₹1,50,000 and generates annual cash inflows of ₹60,000 for 4 years. What is the Payback Period of the project? 2.5 years 3 years 3.5 years 4 years None 32. A project has an initial investment of ₹4,00,000 and generates annual cash inflows of ₹1,25,000 for 5 years. The cost of capital is 12%. What is the NPV of the project? ₹50,000 ₹60,000 ₹75,000 ₹70,000 None 33. A company is evaluating a project with an initial investment of ₹8,00,000. The project generates cash inflows of ₹2,00,000 annually for 5 years. The cost of capital is 10%. What is the IRR of the project? 12% 14% 15% 10% None 34. A project requires an investment of ₹5,00,000 and generates cash inflows of ₹1,50,000 for the first 3 years and ₹2,00,000 for the next 2 years. The required rate of return is 10%. What is the NPV of the project? ₹40,000 ₹50,000 ₹60,000 ₹70,000 None 35. A project requires an initial investment of ₹2,00,000 and generates cash inflows of ₹50,000 annually for 6 years. What is the Payback Period of the project? 3.5 years 4 years 5 years 6 years None 36. An investor has a portfolio consisting of 40% Asset X with an expected return of 10% and 60% Asset Y with an expected return of 8%. What is the expected return of the portfolio? 8.8% 9.0% 9.2% 9.5% None 37. The risk-free rate is 6%, and the expected market return is 18%. A stock has a beta of 1.5. What is the expected return of the stock according to the CAPM? 18% 20% 22% 24% None 38. An investor holds a portfolio of stocks with an expected return of 14% and a standard deviation of 20%. If the risk-free rate is 5%, what is the Sharpe ratio of the portfolio? 0.45 0.55 0.55 0.70 None 39. The correlation coefficient between two assets in a portfolio is 0.5. The standard deviation of Asset A is 15% and Asset B is 20%. What is the portfolio's standard deviation if the weights of the assets are 0.6 and 0.4, respectively? 16.5% 17.0% 18.0% 19.0% None 40. An investor has a portfolio consisting of 30% Stock A, 40% Stock B, and 30% Bond C. The expected returns for Stock A, Stock B, and Bond C are 10%, 12%, and 5%, respectively. What is the expected return of the portfolio? 9.5% 10.0% 11.0% 10.5% None 1 out of 4 Great job on taking the INCOC Test! We appreciate your interest in test. Look out for results and future opportunities. Stay Connected !! Your quiz time is about to finish. Few seconds left. Time's upYou cannot switch tabs while taking this quiz!You are not allowed to switch tabs violation has been recorded.you cannot minimize full screen mode!You are not allowed to minimize full screen while taking this quiz, violation has been recorded.Access denied! To begin the quiz, please grant this quiz access to your camera.Time is Up!Time is Up!
Welcome to your International Navodaya Chamber of Commerce (INCOC) Platform ! Subject: Strategic Financial Management Total Number of Question: 40 Time: 41 Minutes Please check your email after completion of test for result. All the best... Name Phone No Email State 1. A company has a payable of €100,000 due in 3 months. The spot rate is ₹88/€, and the 3-month forward rate is ₹87/€. What is the total amount to be paid in INR using the forward contract? ₹8,700,000 ₹8,800,000 ₹9,000,000 ₹8,500,000 None 2. A company has a receivable of ¥20,000,000 in 6 months. The spot rate is ₹0.60/¥, and the 6-month forward rate is ₹0.62/¥. What will be the total receipt in INR using the forward contract? ₹12,400,000 ₹12,200,000 ₹12,800,000 ₹13,000,000 None 3. A company has to make a payment of $150,000 in 6 months. The current spot rate is ₹76/USD, and the forward rate is ₹75/USD. What will be the total payment in INR using the forward contract? ₹11,250,000 ₹11,500,000 ₹11,000,000 ₹12,000,000 None 4. If the exchange rate between INR and USD is ₹73/USD, how much INR will you receive if you exchange $10,000? ₹720,000 ₹730,000 ₹740,000 ₹750,000 None 5. A company has a USD receivable of $100,000 in 3 months. The current spot rate is ₹75/USD. The forward rate for 3 months is ₹74/USD. How much will the company receive in INR after 3 months using the forward contract? ₹7,500,000 ₹7,400,000 ₹7,600,000 ₹7,300,000 None 6. An investor purchases a call option on a stock with a strike price of ₹250 and a premium of ₹30. The stock price rises to ₹280. What is the net profit from the call option? ₹50 ₹40 ₹30 ₹20 None 7. An investor buys a put option with a strike price of ₹500 and a premium of ₹40. The stock price falls to ₹450. What is the profit or loss from the put option? ₹50 profit ₹60 profit ₹30 loss ₹40 profit None 8. An investor sells a futures contract for ₹50,000, and the price of the underlying asset decreases to ₹48,000. What is the profit or loss from the futures contract? ₹2,000 profit ₹2,000 loss ₹1,000 profit ₹1,000 loss None 9. A stock has a beta of 0.8. If the market return is 12% and the risk-free rate is 6%, what is the expected return of the stock according to the CAPM? 9.6% 10.4% 10.2% 11% None 10. A futures contract on crude oil has a spot price of ₹5,000 per barrel. The futures price is ₹5,200. An investor buys 10 contracts, and each contract represents 100 barrels. What is the total profit or loss if the spot price rises to ₹5,300? ₹300,000 profit ₹200,000 profit ₹100,000 profit ₹150,000 profit None 11. A project requires an investment of ₹4,000,000. It will generate annual cash flows of ₹1,200,000 for 5 years. The cost of capital is 10%. What is the NPV of the project? ₹1,160,000 ₹1,250,000 ₹1,500,000 ₹1,800,000 None 12. . A company is evaluating two mutually exclusive projects. Project A requires an investment of ₹5,00,000 and generates ₹1,50,000 per year for 5 years. Project B requires an investment of ₹4,50,000 and generates ₹1,60,000 per year for 5 years. The cost of capital is 12%. Which project should the company choose based on NPV? Project A Project B Both projects Neither project None 13. A project has an initial investment of ₹1,000,000 and generates ₹350,000 in cash flows annually for 4 years. The required rate of return is 15%. What is the Payback Period? 3 years 2.5 years 2 years 4 years None 14. A project has a cost of capital of 10%. The initial investment is ₹3,000,000, and the project generates cash flows of ₹1,000,000 annually for 4 years. What is the IRR of the project? 12% 14% 15% 16% None 15. A company has a project with an expected life of 6 years. The project requires an initial investment of ₹6,00,000 and generates ₹1,00,000 annual cash inflows. The company uses a cost of capital of 10%. What is the profitability index (PI)? 1.15 1.25 1.35 1.45 None 16. A portfolio consists of Asset X (expected return = 12%, weight = 30%) and Asset Y (expected return = 8%, weight = 70%). What is the expected return of the portfolio? 9.6% 10% 10.4% 11% None 17. The risk-free rate is 6%, and the market return is 14%. An investor holds a portfolio with a beta of 1.4. What is the expected return of the portfolio using the Capital Asset Pricing Model (CAPM)? 14.8% 15.6% 16% 17% None 18. An investor has a portfolio with an expected return of 16%, a standard deviation of 18%, and a correlation coefficient of 0.9 with the market. The market's standard deviation is 20%. What is the portfolio's beta? 0.85 1.0 1.1 1.2 None 19. A portfolio has an expected return of 18%, and the standard deviation of returns is 22%. The risk-free rate is 4%, and the market return is 12%. What is the Sharpe Ratio of the portfolio? 0.64 0.72 0.68 0.76 None 20. A stock has a beta of 1.2, and the market return is 14%. If the risk-free rate is 5%, what is the expected return of the stock according to CAPM? 16.8% 18% 17.4% 16% None 21. A company has an outstanding foreign currency loan of $200,000. The spot rate is ₹74/USD, and the 3-month forward rate is ₹73/USD. What will be the INR amount to be paid if the company settles the loan using the forward rate? ₹14,600,000 ₹14,400,000 ₹14,200,000 ₹14,800,000 None 22. A company has to pay €150,000 in 6 months. The spot rate is ₹89/€, and the 6-month forward rate is ₹88/€. What is the amount to be paid in INR if the company uses the forward contract? ₹13,200,000 ₹13,500,000 ₹13,000,000 ₹13,300,000 None 23. A company has a receivable of $500,000 in 3 months. The current spot rate is ₹75/USD, and the forward rate is ₹74/USD. What will be the total amount received in INR after 3 months using the forward contract? ₹37,000,000 ₹37,500,000 ₹38,000,000 ₹38,500,000 None 24. A company is expecting to receive ¥10,000,000 in 1 year. The spot rate is ₹0.60/¥, and the 1-year forward rate is ₹0.62/¥. What is the amount the company will receive in INR using the forward contract? ₹6,200,000 ₹6,500,000 ₹6,800,000 ₹7,000,000 None 25. If the exchange rate between INR and GBP is ₹95/GBP, how much INR will you receive if you exchange £25,000? ₹2,300,000 ₹2,350,000 ₹2,400,000 ₹2,500,000 None 26. An investor purchases a call option on a stock with a strike price of ₹350 and a premium of ₹20. The stock price rises to ₹400. What is the net profit from the call option? ₹70 ₹50 ₹30 ₹80 None 27. An investor buys a futures contract on crude oil at ₹5,500 per barrel. The contract size is 100 barrels. What is the total value of the futures contract? ₹500,000 ₹550,000 ₹600,000 ₹650,000 None 28. An investor sells a futures contract for ₹100,000, and the price of the underlying asset increases to ₹102,000. What is the profit or loss from the futures contract? ₹2,000 loss ₹2,000 profit ₹3,000 loss ₹3,000 profit None 29. A stock has a beta of 1.3. The risk-free rate is 7%, and the expected market return is 12%. What is the expected return of the stock using the CAPM model? 14.5% 15.5% 16% 15% None 30. An investor buys a call option on a stock with a strike price of ₹450 and a premium of ₹30. The stock price rises to ₹480. What is the profit or loss from the call option? ₹50 profit ₹40 profit ₹30 profit ₹20 profit None 31. A company has an initial investment of ₹10,00,000. The expected cash flows for 5 years are ₹2,00,000, ₹2,50,000, ₹3,00,000, ₹3,50,000, and ₹4,00,000. The company’s required rate of return is 12%. What is the NPV of the project? ₹1,11,000 ₹1,20,000 ₹1,15,000 ₹1,30,000 None 32. A project requires an investment of ₹5,00,000 and generates annual cash inflows of ₹1,50,000 for 5 years. The required rate of return is 10%. What is the Payback Period? 3 years 4 years 5 years 2.5 years None 33. A company is evaluating a project that requires an initial investment of ₹2,00,000. The project generates ₹60,000 in cash inflows annually for 5 years. What is the IRR of the project? 10% 12% 14% 16% None 34. A project costs ₹5,00,000 and generates ₹1,20,000 in annual cash flows for 6 years. The cost of capital is 8%. What is the profitability index (PI)? 1.10 1.20 1.30 1.40 None 35. A company has an investment opportunity that requires ₹8,00,000 and will generate cash flows of ₹2,00,000 per year for 6 years. The required rate of return is 10%. What is the NPV of the project? ₹1,20,000 ₹1,50,000 ₹2,00,000 ₹1,80,000 None 36. A portfolio consists of Asset A with a weight of 0.6 and an expected return of 10%, and Asset B with a weight of 0.4 and an expected return of 14%. What is the expected return of the portfolio? 12% 12.4% 12.6% 13% None 37. An investor holds a portfolio with an expected return of 18% and a standard deviation of 22%. The risk-free rate is 5%, and the market return is 10%. What is the Sharpe ratio of the portfolio? 0.59 0.72 0.64 0.68 None 38. A stock has a beta of 1.1, and the market’s expected return is 12%. If the risk-free rate is 6%, what is the expected return of the stock according to CAPM? 11.8% 13.4% 14% 13.2% None 39. A portfolio consists of two assets: Asset X with a weight of 0.7 and Asset Y with a weight of 0.3. The standard deviation of Asset X is 20%, and the standard deviation of Asset Y is 10%. If the correlation coefficient between the two assets is 0.5, what is the portfolio’s standard deviation? 14.10% 13.50% 15.25% 16.20% None 40. An investor is holding a portfolio with an expected return of 16% and a risk-free rate of 4%. If the standard deviation of the portfolio is 20%, what is the portfolio's coefficient of variation? 0.60 0.50 0.75 1.00 None 1 out of 4 Great job on taking the INCOC Test! We appreciate your interest in test. Look out for results and future opportunities. Stay Connected !! Your quiz time is about to finish. Few seconds left. Time's upYou cannot switch tabs while taking this quiz!You are not allowed to switch tabs violation has been recorded.you cannot minimize full screen mode!You are not allowed to minimize full screen while taking this quiz, violation has been recorded.Access denied! To begin the quiz, please grant this quiz access to your camera.Time is Up!Time is Up!
Welcome to your International Navodaya Chamber of Commerce (INCOC) Platform ! Subject: Strategic Financial Management Total Number of Question: 40 Time: 41 Minutes Please check your email after completion of test for result. All the best... Name Phone No Email State 1. An Indian company exports goods worth $80,000. The spot rate is ₹82/USD, and the forward rate for 3 months is ₹81/USD. If the company hedges using a forward contract, what will be the total INR receipt? ₹6,480,000 ₹6,560,000 ₹6,400,000 ₹6,450,000 None 2. A trader expects the GBP/INR rate to fall from ₹104 to ₹102. He sells GBP 10,000 in the spot market. What will be his profit in INR? ₹20,000 ₹10,000 ₹30,000 ₹25,000 None 3. If the interest rate in the US is 3% and in India is 6%, according to Interest Rate Parity (IRP), will INR appreciate or depreciate? Appreciate Depreciate None 4. A US-based company has an INR payable of ₹5,000,000 due in 6 months. The current INR/USD rate is ₹82. If it hedges using a forward contract at ₹83/USD, what is the total USD payment? $60,241 $61,000 $60,000 $59,500 None 5. A futures contract on crude oil has a spot price of ₹5,500 per barrel and a futures price of ₹5,700 per barrel. If an investor buys 100 barrels, what is the total profit or loss if the spot price at maturity is ₹5,800 per barrel? ₹10,000 profit ₹8,000 loss ₹5,000 profit ₹15,000 profit None 6. An investor writes a call option with a strike price of ₹1,200 and receives a premium of ₹40. If the stock price rises to ₹1,250, what is his net loss per share? ₹10 ₹50 ₹40 ₹30 None 7. A European call option has a strike price of ₹500, a market price of ₹520, and an option premium of ₹15. What is the intrinsic value? ₹20 ₹10 ₹15 ₹5 None 8. An investor buys a futures contract at ₹1,800. If the closing price after a day is ₹1,750, what is the daily settlement amount if each contract is for 100 units? ₹5,000 loss ₹3,000 profit ₹5,000 profit ₹3,000 loss None 9. A company evaluates a project with a cost of ₹600,000 and cash inflows of ₹200,000 per year for 4 years. The required rate of return is 10%. What is the NPV? ₹73,157 ₹85,200 ₹65,430 ₹90,000 None 10. A firm is considering a project requiring an investment of ₹1,000,000 and will generate annual cash flows of ₹250,000 for 5 years. The Payback Period is: 4 years 5 years 3 years 2.5 years None 11. If the Internal Rate of Return (IRR) of a project is greater than the cost of capital, the project should be: Accepted Rejected None 12. A project has a required investment of ₹500,000 and will generate cash inflows of ₹150,000 per year for 5 years. If the discount rate is 10%, what is the profitability index (PI)? 1.3 1.5 1.2 1.4 None 13. A portfolio consists of two stocks: Stock A (60%, return 12%) and Stock B (40%, return 8%). What is the portfolio return? 10.4% 9.6% 11.2% 8.8% None 14. A stock has a beta of 1.5. If the risk-free rate is 5% and the market return is 12%, what is the expected return using CAPM? 15.5% 12% 18.5% 17.5% None 15. A stock’s standard deviation is 20%, and its correlation with the market is 0.8. If the market's standard deviation is 15%, what is its beta? 1.07 1.12 1.05 1.15 None 16. A portfolio has an expected return of 12% and a standard deviation of 10%. The risk-free rate is 5%. What is the Sharpe ratio? 0.7 0.6 0.8 0.9 None 17. A company in India has a receivable of $100,000 in 3 months. The spot rate is ₹81/USD, and the 3-month forward rate is ₹80/USD. If the company uses a forward contract to hedge, what will be its total receipt in INR? ₹8,100,000 ₹8,000,000 ₹8,200,000 ₹7,800,000 None 18. A US investor wants to convert ₹1,000,000 into USD. The spot rate is ₹82/USD. What is the amount in USD after the transaction? $12,195.12 $11,524.39 $12,000.00 $12,500.00 None 19. A company has USD receivables of $500,000, and the spot rate is ₹83/USD. If the Indian Rupee strengthens to ₹81/USD, what is the impact on the company’s receivables in INR? Decrease of ₹1,000,000 Increase of ₹1,000,000 No change Decrease of ₹500,000 None 20. An investor buys a call option on a stock with a strike price of ₹250, and the premium is ₹15. If the stock price rises to ₹280, what is the net profit? ₹35 ₹20 ₹30 ₹50 None 21. A stock has a dividend yield of 3%, and its price is ₹1,000. If an investor buys a call option with a premium of ₹40 and a strike price of ₹1,050, what is the break-even point? ₹1,090 ₹1,050 ₹1,040 ₹1,080 None 22. A European put option has a strike price of ₹1,000 and an option premium of ₹60. The stock price at expiry is ₹950. What is the intrinsic value? ₹50 ₹60 ₹100 ₹80 None 23. A futures contract on silver has a spot price of ₹75,000 per kg and a futures price of ₹76,000 per kg. If an investor buys 10 kg, what is the total profit or loss if the spot price at maturity is ₹77,000 per kg? ₹10,000 profit ₹50,000 profit ₹20,000 profit ₹10,000 loss None 24. A project requires an initial investment of ₹2,500,000 and is expected to generate cash inflows of ₹800,000 per year for 4 years. If the required rate of return is 12%, what is the NPV of the project? ₹1,140,110 ₹1,200,000 ₹1,300,000 ₹1,100,000 None 25. A company evaluates a project with a net cash inflow of ₹200,000 annually for 5 years. The cost of capital is 10%. The initial investment is ₹800,000. What is the Payback Period? 4 years 3 years 2 years 5 years None 26. If the Internal Rate of Return (IRR) of a project is 15% and the cost of capital is 12%, the project should be: Accepted Rejected Revised Deferred None 27. A project costs ₹2,000,000 and generates ₹500,000 in net cash inflows annually for 6 years. The cost of capital is 8%. What is the Profitability Index (PI)? 1.2 1.4 1.3 1.1 None 28. A portfolio consists of two assets: Asset A with a weight of 40% and a return of 10%, and Asset B with a weight of 60% and a return of 6%. What is the expected return of the portfolio? 7.2% 8.4% 7.6% 8% None 29. The market portfolio has an expected return of 12% and a standard deviation of 15%. An investor holds a portfolio with a beta of 1.2. What is the expected return of the portfolio according to the Capital Asset Pricing Model (CAPM)? 15.6% 16.4% 13.6% 14.4% None 30. A portfolio has an expected return of 12%, a standard deviation of 20%, and the correlation coefficient with the market is 0.9. The market's standard deviation is 18%. What is the portfolio’s beta? 1.1 0.9 1.2 1.0 None 31. The risk-free rate is 4%, the market return is 10%, and an investor holds a portfolio with a beta of 1.5. What is the portfolio’s expected return using CAPM 11% 12% 13% 14% None 32. A company is required to pay €200,000 in 3 months. The spot rate is ₹90/€, and the 3-month forward rate is ₹89/€. What is the amount to be paid in INR if the company uses a forward contract to hedge? ₹17,800,000 ₹18,000,000 ₹17,500,000 ₹18,200,000 None 33. A company in India has a payable of $50,000 in 6 months. The spot rate is ₹82/USD, and the 6-month forward rate is ₹80/USD. If the company hedges the payable using a forward contract, what will be the amount paid in INR? ₹4,100,000 ₹4,000,000 ₹4,200,000 ₹4,300,000 None 34. An investor buys a put option on a stock with a strike price of ₹500, and the premium is ₹20. If the stock price falls to ₹450, what is the profit? ₹30 ₹50 ₹20 ₹40 None 35. A futures contract on gold has a spot price of ₹55,000 per ounce and a futures price of ₹56,000 per ounce. If an investor buys 5 contracts (each contract is for 10 ounces), what is the total profit or loss if the spot price rises to ₹57,000 per ounc ₹500,000 profit ₹200,000 profit ₹100,000 profit ₹300,000 profit None 36. A company has an investment opportunity that requires an initial investment of ₹3,000,000 and generates net cash inflows of ₹800,000 annually for 6 years. The cost of capital is 10%. What is the NPV of the project? ₹1,000,000 ₹1,200,000 ₹1,500,000 ₹1,400,000 None 37. A project costs ₹2,500,000 and is expected to generate cash flows of ₹600,000 per year for 5 years. The cost of capital is 12%. What is the Payback Period 4 years 3 years 5 years 4.5 years None 38. A portfolio consists of two assets: Asset X (weight = 40%, return = 15%) and Asset Y (weight = 60%, return = 10%). What is the expected return of the p 11.5% 12% 13% 14% None 39. An investor holds a portfolio of two assets: Asset A with a weight of 50%, expected return of 12%, and Asset B with a weight of 50%, expected return of 8%. What is the portfolio return? 10% 11% 9% 10.5% None 40. An investor has a portfolio with an expected return of 14%, a standard deviation of 18%, and a beta of 1.3. If the risk-free rate is 6% and the market return is 10%, what is the portfolio’s expected return using CAPM? 14% 13.8% 16.2% 15% None 1 out of 4 Great job on taking the INCOC Test! We appreciate your interest in test. Look out for results and future opportunities. Stay Connected !! Your quiz time is about to finish. Few seconds left. Time's upYou cannot switch tabs while taking this quiz!You are not allowed to switch tabs violation has been recorded.you cannot minimize full screen mode!You are not allowed to minimize full screen while taking this quiz, violation has been recorded.Access denied! To begin the quiz, please grant this quiz access to your camera.Time is Up!Time is Up!