1. The highest marginal tax rate for an individual earning a taxable income of more than Rs 10 lakh is:
a. 30.00 per cent
b. 30.60 per cent
c. 30.99 per cent
d. 33.99 per cent
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2. If Rs 300 become Rs 600 in eight years,the compound annualised growth rate(CAGR) for the investment is:
a. 12 per cent
b. 9.05 per cent
c. Insufficient data
d. 100 per cent
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3. When interest rate rise, the net assest value of a debt fund
a. Increases
b. Is unchanged
c. Decreases
d. Not possible to say
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4. What is the repo rate?
a. Rate at which banks borrow from the RBI
b. Rate at which banks park their money with the RBI
c. The per cent of deposits banks needs to keep as cash
d. Rate at which banks lend to other banks
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5. Price-to earnings ratio is calculated by
a. Dividing sales by net profits
b. Dividing market price of share by earning per share
c. Dividing market price of share by book value
d. Dividing book value by earning per share
  
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
6. Market capitalisation of a company is its 
a. Total revenue
b. Net profits
c. Market value of its outstanding stock
d. Value of its shares traded on a day
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7. Which of the following are true for a regular premium-paying ,unit-linked insurance plan?
a. No loan is available against the policy
b. There is a minumum lock-in of three years
c. The policy can invest uo to 100 per cent in equities
d. All of the above
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8. No claim for four years in a basic health insurance policy entities you to
a. Other insurance policies are freebies
b. Free health check-up uo to 1 per cent of the sum insured
c. Neither A nor B
d. Both A and B
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9. An application form for a mutual fund is normally supplied with
a. An offer document
b. An annual report
c. A due dilligence certificate
d. A key information memorandum
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10. If a balanced fund has been investing 50 per cent of its corpus in equities throughout the year,under which of the following heads would it be recognised for the purposes 
of income tax
a. Equity fund
b. Non-equity fund
c. Both of the above
d. None of the above
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