AIIOVF Online Assessment Test-1 for mock test LB
This is mock test for preparation of exam
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Quiz Questions
Gradual shifting of a time series over a long period of time is called as __________.
1 point
Clear selection
A valuer shall act with objectivity in his professional dealings by ensuring that his decisions are made ________.
1 point
Clear selection
If two events A and B are mutually exclusive, the probability of occurrence of either A or B is__________.
1 point
Clear selection
The value at the end of utility period of the asset without being dismantled is called ____ value.
1 point
Clear selection
Which of the following is not true about Ricardian theory of rent?
1 point
Clear selection
For a real estate construction company, which of the following are not part of Profit and Loss Statement?
1 point
Clear selection
Where, on a transfer of property, an interest therein is created in favour of a person to take effect only on the happening of a specified event, such interest is called _________.
1 point
Clear selection
Which planning provision is required around the battery limit of industry and for industry having odour problem?
1 point
Clear selection
Which of the following is not a requirement of a contract?
1 point
Clear selection
A market which has only one seller selling a homogeneous product to many buyers, is known as _______.
1 point
Clear selection
Other things remaining same, the law of demand states __________.
1 point
Discount received is recorded on which side of a cash book?
1 point
Clear selection
Which of the following legislations does not provide for pollution control?
1 point
Clear selection
A mortgage is a transfer of an interest in a specific immovable property for the purpose of securing __________.
1 point
Clear selection
Which of the following is an example of secondary sector of an economy?
1 point
Clear selection
What is the subject matter of valuation?
1 point
Clear selection
Which of the following statements is not true about factors of production? *
1 point
Which of the following factor is not physical yet affects the valuation of the subject property?
1 point
Clear selection
If a person has an income of Rs.30000 and his consumption is Rs.10000, then his propensity to save is____.
1 point
Clear selection
Real estate has some _______and, therefore, has a value.
1 point
Clear selection
Under the Right to Fair Compensation and Transparency in the Land Acquisition and Rehabilitation Act, 2013, market value is decided by the collector as per________.
1 point
Clear selection
Property is a ___ concept.
1 point
Clear selection
A valuer, while respecting the confidentiality of information acquired during the course of performing professional services, shall maintain proper working papers for a period of ______.
1 point
Clear selection
Integrity of registered valuer is seriously affected by ____.
1 point
Clear selection
Which of the following would have effect on development potential and values of properties?
1 point
Clear selection
As per the Transfer of Property Act, 1882, immovable property includes ______.
1 point
Clear selection
Value is an estimate of what ______ ought to be.
1 point
Clear selection
Section 231 (2) of the Companies Act, 2013 empowers a tribunal to __________, if it is satisfied that the compromise sanctioned under section 230 cannot be implemented satisfactorily, and the company is unable to pay its debts as per the scheme.
1 point
Clear selection
Which of the following is not correct about functions of money?
1 point
Clear selection
As per section 36 of the Insolvency and Bankruptcy Code, 2016, the liquidator shall hold the liquidation estate ___________.
1 point
Clear selection
Which of the following is not a cause of demand-pull inflation?
1 point
Clear selection
In a right skewed frequency distribution, __________.
1 point
Clear selection
Which of the following is not a duty of the valuer?
1 point
Clear selection
When numbers are associated with weights, then obtained mean is said to be _______.
1 point
Clear selection
As per the Real Estate (Regulation and Development) Act, 2016, what percentage of collections needs to be deposited by developers in Escrow accounts towards the cost of construction including that of land?
1 point
Clear selection
The Hindu Succession Act, 1956 does not apply to ______.
1 point
Clear selection
Right to property is a ___ right.
1 point
Clear selection
Difference between variable cost per unit and selling price can be classified as______ margin per unit.
1 point
Clear selection
Which of the following items cannot be transferred under Inheritance/Succession laws in India?
1 point
Clear selection
In double entry system, accounts are primarily classified in to ___________.
1 point
Clear selection
Technology that permits safe, efficient, and inexpensive clean-up of contaminants in property tends to minimise _________ in asset value.
1 point
Clear selection
Proposed dividend is shown in the Balance Sheet of a company under the head _____.
1 point
Clear selection
How are Gross Domestic Product (GDP) and Gross National Product (GNP) related?
1 point
Clear selection
A gives Rs. 5,00,000 to B on condition that he shall marry A’s daughter C. At the date of transfer, C was dead. The transfer is void ______.
1 point
Clear selection
Which of the following is not covered under the Indian Forest Act, 1927?
1 point
Clear selection
The price that would tend to prevail in a free, open and competitive market on the basis of equilibrium set by the forces of demand and supply is called ______.
1 point
Clear selection
Performance of contract is one of the methods to__________.
1 point
Clear selection
The price elasticity of demand measures the change in the quantity demanded of a service in relation to a change in its price when nothing but the ___________ changes. *
1 point
The approach to valuation of rented properties depends on_________.
1 point
Clear selection
In case of a ___________, the duty is one imposed by the law and is owed to the community at large.
1 point
Clear selection
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