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NEW QUESTION: 1
Section C (4 Mark)
Ramesh aged 50 could not save for his retirement till date but now decides to save Rs. 50000 per month till his retirement age of 65. He anticipates that the return in the first 5 years would be 13% p.a. next 5 years 10% and in the last 5 years 8% p.a. He wants to accumulate a corpus of Rs. 1.50 Crores till his retirement. Calculate the surplus or shortfall he would have on his retirement.
A. Shortfall 40 Lacs
B. Surplus 40 Lacs
C. Shortfall 15 Lacs
D. Surplus 29 Lacs
Answer: B

NEW QUESTION: 2
DEF is a medium sized business which manufactures children's clothing. In the last 5 years demand has steadily increased and DEF is struggling to meet this demand within its current manufacturing capacity. DEF's current manufacturing machinery was installed over 10 years ago and now requires updating, if DEF is to survive in the marketplace.
DEF has established that the latest manufacturing technology would cost $2 million. This would be funded by the shareholders. It would payback within 2 years and would allow DEF to double output from its current level within this 2 year period. It will also improve product consistency and quality. However, it will result in the loss of 20% of DEF's manufacturing staff, most of whom are low paid and low skilled.
DEF is currently reviewing this proposed investment strategy, in terms of whether it meets the criteria of Suitability, Acceptability and Feasibility.
Which of the following correctly identifies the criteria which are met, in regard to DEF's proposed investment strategy?
A. Acceptable and Feasible
B. Suitable and Feasible
C. Suitable, Acceptable and Feasible
D. Suitable and Acceptable
Answer: C

NEW QUESTION: 3
Which language was designed for the primary purpose of querying data, modifying data, and managing databases in a Relational Database Management System?
A. Visual Basic
B. Java
C. C++
D. SQL
Answer: D
Explanation:
SQL is a special-purpose programming language designed for managing data held in a relational database management system (RDBMS).