ibbi.gov.in Valuation Examination Asset Class 2018 Sample Paper : Insolvency and Bankruptcy Board of India
Organisation : Insolvency and Bankruptcy Board of India
Exam : Valuation Examination
Document Type : Sample Paper
Paper : Asset Class- Land & Building
Year : 2018
Website : https://ibbi.gov.in/
IBBI Valuation Examination Sample Paper
Question Paper for Valuation Examination-Asset Class- Land & Building w.e.f. 31st March, 2018 is now available in the official website of Insolvency and Bankruptcy Board of India
Related / Similar Question Paper : IBBI Limited Insolvency Exam 2016 Question Paper
Model Questions
Download Question Paper :
Land & Building :
https://www.pdfquestion.in/uploads/L&B2018Mar.pdf
Plant & Machinery :
https://www.pdfquestion.in/uploads/P&M2018.pdf
Securities & Financial Assets :
https://www.pdfquestion.in/uploads/SFA2018.pdf
Land & Building
1. 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.
a) price
b) cost
c) quality d) value
Ans.(a)
2. Other things remaining same, the law of demand states __________.
a) the higher the price, the lower the quantity demanded
b) the higher the price, the higher the quantity demanded
c) the higher the price, the lower the quantity supplied
d) the higher the price, the higher the quantity demanded
Ans.(a)
3. A market which has only one seller selling a homogeneous product to many buyers, is known as _______.
a) Monopoly
b) Oligopolistic
c) Perfect Competition
d) Monopolist Competition
Ans.(a)
4. Which of the following statements is not true about factors of production?
a) Land means natural resources.
b) Labour means human resources.
c) Capital means financial resources.
d) Entrepreneurship means pursuit of opportunity beyond resources controlled.
Ans.(c)
5. Which of the following is not true about Ricardian theory of rent?
a) Rent increases with increase in population.
b) Rent is surplus above cost.
c) Rent is unearned income.
d) Rent arises only in the short run.
Ans.(d)
6. Which of the following is not correct about functions of money?
a) It is a medium of exchange.
b) It is a measure of economic power.
c) It is a standard of deferred payments.
d) It is a store of value.
Ans.(b)
7. Which of the following is not a cause of demand-pull inflation?
a) Increase in wages and salaries
b) Increase in Government spending
c) Increase in interest rates
d) Increase in exports
Ans.(c)
8. If a person has an income of Rs.30000 and his consumption is Rs.10000, then his propensity to save is____.
a) 1.33
b) 0.33
c) 0.67
d) 1.50
Ans.(c)
9. Which of the following is an example of secondary sector of an economy?
a) Mining
b) Forestry
c) Food Processing
d) Pisciculture
Ans.(c)
10. How are Gross Domestic Product (GDP) and Gross National Product (GNP) related?
a) GNP = GDP – NR + NP
b) GNP = GDP + NR – NP
c) GNP = GDP + EX – IM
d) GNP = GDP -EX + IM
Ans.(b)
11. In double entry system, accounts are primarily classified in to ___________.
a) Receiver account & Giver account
b) Income account & Expenses account
c) Real account & Nominal account
d) Personal Account & Impersonal account
Ans.(d)
12. Discount received is recorded on which side of a cash book?
a) Receipts
b) Payments
c) Income
d) Expense
Ans.(b)
13. For a real estate construction company, which of the following are not part of Profit and Loss Statement?
a) Revenue from apartment sales
b) Interest paid to lenders
c) Cash deposited in bank
d) Depreciation expense
Ans.(c)
14. Proposed dividend is shown in the Balance Sheet of a company under the head _____.
a) provisions
b) reserves and surplus
c) current liabilities
d) other liabilities
Ans.(a)
15. Difference between variable cost per unit and selling price can be classified as______ margin per unit.
a) contribution
b) gross
c) net
d) profit
Ans.(a)
Plant & Machinery
1. 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.
a) price
b) cost
c) quality
d) value
Ans.(a)
2. Other things remaining same, the law of demand states __________.
a) the higher the price, the lower the quantity demanded
b) the higher the price, the higher the quantity demanded
c) the higher the price, the lower the quantity supplied
d) the higher the price, the higher the quantity demanded
Ans.(a)
3. A market which has only one seller selling a homogeneous product to many buyers, is known as _______.
a) Monopoly
b) Oligopolistic
c) Perfect Competition
d) Monopolist Competition
Ans.(a)
4. 4. Which of the following statements is not true about factors of production?
a) Land means natural resources.
b) Labour means human resources.
c) Capital means financial resources.
d) Entrepreneurship means pursuit of opportunity beyond resources controlled.
Ans.(c)
5. Which of the following is not true about Ricardian theory of rent?
a) Rent increases with increase in population.
b) Rent is surplus above cost.
c) Rent is unearned income.
d) Rent arises only in the short run.
Ans.(d)
6. Which of the following is not correct about functions of money?
a) It is a medium of exchange.
b) It is a measure of economic power.
c) It is a standard of deferred payments.
d) It is a store of value.
Ans.(b)
7. Which of the following is not a cause of demand-pull inflation?
a) Increase in wages and salaries
b) Increase in Government spending
c) Increase in interest rates
d) Increase in exports
Ans.(c)
8. If a person has an income of Rs.30000 and his consumption is Rs.10000, then his propensity to save is____.
a) 1.33
b) 0.33
c) 0.67
d) 1.50
Ans.(c)
9. Which of the following is an example of secondary sector of an economy?
a) Mining
b) Forestry
c) Food Processing
d) Pisciculture
Ans.(c)
10. How are Gross Domestic Product (GDP) and Gross National Product (GNP) related?
a) GNP = GDP – NR + NP
b) GNP = GDP + NR – NP
c) GNP = GDP + EX – IM
d) GNP = GDP -EX + IM
Ans.(b)
Securities or Financial Assets
1. The national output is measured at _____________.
a) Production Prices
b) Market Prices
c) Cost Prices
d) Wholesale Prices
Ans.(b)
2. Which of the following is a Revenue Receipt?
a) Loan from the International Monetary Fund
b) Grant from the World Bank
c) Borrowing from the Public
d) Public Issue of shares
Ans.(b)
3. What is the relation between fiscal deficit (FD) and primary deficit (PD)?
a) PD = FD – Depreciation
b) PD = FD – Interest payments
c) FD = PD – Interest payments
d) FD = PD – Depreciation
Ans.(b)
4. Private ownership of property and resources is a characteristic of _____________ economy.
a) Socialist
b) Command
c) Market
d) Traditional
Ans.(c)
5. An investment pays Rs. 300 annually for five years, with the first payment occurring today. The present value (PV) of the investment discounted at a 4% annual rate is approximately ___________.
a) 1336
b) 1389
c) 1625
d) 1925
Ans.(b)
6. Which of the following may not be a part of projected financial statements?
a) Income Statements
b) Trial Balance
c) Cash Flow Statements
d) Balance Sheets
Ans.(b)
7. Securities issued by companies are traded in _______________.
a) derivatives market
b) tertiary market
c) primary market
d) secondary market
Ans.(d)
8. Which of the following is not a conduct most people associate with ethical behaviour?
a) Bargaining
b) Respect for others
c) Loyalty
d) Pursuit of excellence
Ans.(a)
9. As an independent valuer, the valuer should not charge __________ fee.
a) professional
b) success
c) mandate
d) legal
Ans.(b)
10. A valuer should not use or divulge to other clients or any other party any confidential information about the ______ company.
a) subject
b) client
c) public
d) listed
Ans.(a)