1. A Mutual Fund Co. has the accompanying resources under it on the end of business as on:

1st February 2012

2nd February 2012

Organization No. of Shares Market cost per share Market cost per share

L Ltd 20,000 20.00

M Ltd 30,000 312.40

N Ltd 20,000 361.20

P Ltd 60,000 505.10

Absolute No. of Units 6,89,768

(I) Calculate Net Assets Value (NAV) of the Fund.

(ii) Following data is given:

Accepting one Mr. A, presents a check of ' 30,78,000 to the Mutual Fund and the

Asset supervisor of this organization buys 7,546 portions of M Ltd; and the equilibrium

sum is held in Bank. In such a case, what might be the situation of the Fund?

(iii) Find new NAV of the Fund as on second February 2012

2.The offer capital record is charged with ... while relinquishing shares

A. Brings falling behind financially B. Settled up capital C. Called capital D. Given capital

3.Discount or misfortune on issue of debenture is a ... .

A. Capital Profit B. Income Receipt C. Capital Loss D. Income Expense

4.Discount or misfortune on issue of debenture is appeared yet to be determined sheet under the head ... ..

A. Stores and Surplus B. Gotten advances

C. Current liabilities D. Random consumption

5.Debentures can be recovered out of ... .

A. New issue B. Capital C. Benefit D. These

6.When inclination shares are recovered, it adds up to

A. expansion in share capital B. decline in share capital C. Both An and B D. none

7.Capital recovery save is made... .

A. out of safety premium B. to meet lawful prerequisites C. Willfully D. none

8.No organization restricted by shares will give any inclination share which is redeemable after the expiry of ... a long time from the date of issue.

A. 20 B. 15 C. 10 D. 25

9.The Companies (Amendment) Act 1988 limits the issue of ... inclination shares.

A. Redeemable B. irredeemable C. none

10.Interest borrowed and debentures are appeared as ... . In the net income account.

A. Appointments B. arrangements C. none