Q1:
2026: 31 May Shift 2
Statistics & Applications
Financial Math
Easy
The Periodic payment of ₹ R, in a sinking fund required to accumulate a sum of ₹ A over periods with interest charged at a rate per period per rupee is
2026: 31 May Shift 2
Statistics & Applications
Financial Math
Easy
The Periodic payment of ₹ R, in a sinking fund required to accumulate a sum of ₹ A over periods with interest charged at a rate per period per rupee is
2026: 31 May Shift 2
Statistics & Applications
Financial Math
Easy
The price at which the bond is sold to the investors at the time of issue is known as:
2026: 31 May Shift 2
Statistics & Applications
Financial Math
Easy
Ankur takes a personal loan of ₹ 3,00,000 at the rate of 12% per annum for two years. His EMI using a flat rate method will be:
2026: 31 May Shift 2
Statistics & Applications
Financial Math
Easy
Which of the following statements are true about the sinking fund ?
A. In the sinking fund, a fixed amount at regular intervals is deposited.
B. Sinking fund can be used in an emergency.
C. In the sinking fund, any amount, anytime, can be deposited.
D. Sinking fund can be used only for the purpose it was created.
Choose the correct answer from the options given below:
2026: 31 May Shift 2
Statistics & Applications
Financial Math
Easy
The present value of a perpetuity of ₹ 900 payable at the end of each year, if money is worth 6 % per annum, is:
2026: 31 May Shift 2
Statistics & Applications
Financial Math
Easy
In 2001, a vehicle was purchased for ₹ 2 Lakh. In 2011, the scrap value of the vehicle became ₹ 50,000. What was the annual depreciation?
2026: 30 May Shift 2
Statistics & Applications
Financial Math
Medium
A man wants to get ₹10,000 forever at the beginning of each quarter, if the money is worth 8% per annum compounded quarterly, then the money he needed to invest now is
2026: 30 May Shift 2
Statistics & Applications
Financial Math
Medium
A bond sells at discount. Which of the following is feasible?
[YTM = yield to maturity]
2026: 30 May Shift 2
Statistics & Applications
Financial Math
Medium
Shyamaji takes a loan of ₹20,00,000 with 10% annual interest rate for 10 years. What will be her EMI under flat rate system?
2026: 30 May Shift 2
Statistics & Applications
Financial Math
Medium
Scrap value of a machine is one-tenth of its actual cost. If the estimated life of the machine is ten years and the annual depreciation under linear method is ₹45000, then the cost of the machine is
2026: 30 May Shift 2
Statistics & Applications
Financial Math
Easy
The fomula for calculating compound annual growth rate of an investment is:
[F.V = final value of the investment, P.V = starting value of the investment, n = investment period]
2026: 30 May Shift 2
Statistics & Applications
Financial Math
Easy
Which of the following is correct about the sinking fund?
2026: 30 May Shift 1
Statistics & Applications
Financial Math
Easy
Amayra takes a loan of ₹5,00,000 at an interest of 10% per annum for a period of three years. The equated monthly installment (EMI) by using flat rate method, she has to pay is:
2026: 30 May Shift 1
Statistics & Applications
Financial Math
Medium
Match the LIST-I with LIST-II
| LIST-I | LIST-II |
|---|---|
| A. The present value of a perpetuity of ₹3120 payable at the beginning of each year, if money is worth 6% effective. | I. ₹2,00,000 |
| B. The present value of a perpetuity of ₹5,000 payable at the end of each year, if money is worth 5% compounded annually | II. ₹1,50,000 |
| C. The present value of a sequence of payments of ₹3,000 payable at the end of each 6 months and continuing forever, if money is worth 4% compounded semi-annually. | III. ₹1,00,000 |
| D. The present value of a perpetuity of ₹3,000 payable at the end of each quarter, if money is worth 6% compounded quarterly | IV. ₹55,120 |
Choose the correct answer from the options given below:
2026: 30 May Shift 1
Statistics & Applications
Financial Math
Easy
In reference to the financial mathematics, which of the following statements are correct?
A. Sinking fund is an annuity created for accumulating money that can be used for paying off a financial obligation at some future pre-decided date.
B. The compound annual growth rate (CAGR) is calculated by dividing the cumulative return by the number of years.
C. The average annual growth rate (AAGR) is linear measure that does not account for the effects of compounding.
D. Sinking fund is created to deposit surplus money which can be used for any future need.
Choose the correct answer from the options given below:
2026: 30 May Shift 1
Statistics & Applications
Financial Math
Easy
An electric bike costs ₹42,000 and has a useful life of 10 years. If annual depriciation is ₹3,000, then the scrap value by using linear method of depriciation is:
2026: 30 May Shift 1
Statistics & Applications
Financial Math
Easy
Match the LIST-I with LIST-II
| LIST-I (Financial data) | LIST-II (Nominal rate of return) |
|---|---|
| A. Original investment value = ₹3,50,000; Current market value of investment = ₹4,37,500 | I. 66.66% |
| B. Original investment value = ₹2,50,000; Current market value of investment = ₹3,25,000 | II. 33.33% |
| C. Original investment value = ₹3,00,000; Current market value of investment = ₹4,00,000 | III. 30% |
| D. Original investment value = ₹3,00,000; Current market value of investment = ₹5,00,000 | IV. 25% |
Choose the correct answer from the options given below:
2026: 30 May Shift 1
Statistics & Applications
Financial Math
Medium
A sinking fund is created for the redemption of debentures of ₹2,00,000 at the end of 25 years. How much money should be provided out of profits each year for the sinking fund, if investment can earn interest 5% per annum? [Given ]
2026: 29 May Shift 1
Statistics & Applications
Financial Math
Easy
Ram invested ₹10,000 in a stock of a company for 6 years. The value of his investment at the end of each year is given below:
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | |
|---|---|---|---|---|---|---|
| ₹10,000 | ₹11,500 | ₹13,000 | ₹11,800 | ₹12,200 | ₹14,000 |
Then CAGR % of his investment is:
(Given )
2026: 29 May Shift 1
Statistics & Applications
Financial Math
Easy
A person has an initial investment of ₹50,000 in an investment plan. After 2 years, it has grown to ₹60,000, then his rate of return is:
2026: 29 May Shift 1
Statistics & Applications
Financial Math
Medium
Which of the following are correct?
(A) Sinking fund is a fixed term account.
(B) Sinking fund is set-up for a particular upcoming expense.
(C) In sinking fund any amount, any time can be deposited.
(D) Sinking fund can be used only for the purpose it was created.
Choose the correct answer from the options given below:
2026: 29 May Shift 1
Statistics & Applications
Financial Math
Easy
Ram takes a loan of ₹5,00,000 from a bank at an interest rate of 6% per annum for 10 years. He wants to pay back the loan in equated monthly installments, then his EMI by using flat rate method is :
2026: 29 May Shift 1
Statistics & Applications
Financial Math
Easy
A machine costing ₹55,000 is expected to have a useful life of 10 years and a final scrap value of ₹5,000. The annual depreciation charge using the straight line method is :
2026: 26 May Shift 2
Statistics & Applications
Financial Math
Easy
Factors affecting the calculation of the annual depreciation of an asset are
A. Body shape of the asset
B. Original cost of the asset
C. Scrap value of the asset
D. Useful life of the asset
Choose the correct answer from the options given below:
2026: 26 May Shift 2
Statistics & Applications
Financial Math
Easy
Match the LIST-I with LIST-II
| LIST-I | LIST-II | ||
|---|---|---|---|
| A. | Book value of an asset at a given date | I. | Original value of the asset - scrap value of the asset |
| B. | Useful life of an asset | II. | The value of a depreciable asset at the end of its useful life. |
| C. | Total depreciation | III. | An accounting estimate of the number of years an asset is likely to remain in service for the purpose of cost-effective revenue generation. |
| D. | Residual value | IV. | Original value of the asset - accumulated depreciation at that time |
Choose the correct answer from the options given below:
2026: 26 May Shift 2
Statistics & Applications
Financial Math
Easy
Harish invested ₹ 40,000 in a no-fee fund. After one year, the value of the fund rose to ₹ 60,000 then the nominal rate of return on the investment is
2026: 26 May Shift 2
Statistics & Applications
Financial Math
Medium
Let us denotes R=Periodic payment,i=interest per period per rupee ,n=number of payment,P=pricipal payment
Match the terms in List I with their respective formula in List II.
| LIST-I | LIST-II |
|---|---|
| A. The amount in a sinking fund after period with payment at end | I. |
| B. EMI by using flat rate method | II. |
| C. The amount in a sinking fund after period with payment at beginning | III. |
| D. EMI by using reducing balance payment rate method | IV. |
Choose the correct answer from the options given below:
2026: 26 May Shift 2
Statistics & Applications
Financial Math
Medium
Which of the following are the true?
A. The cost of Rs.7200 , 8% stock at Rs.90 is Rs.6480.
B. The cost of Rs.4500 , 8.5% stock at 4% premium is Rs.4680.
C. The cost of Rs.6400 , 10% stock at 15% discount is Rs.5440.
D. The cost of Rs.7200 , 8% stock at Rs.90 is Rs.5961.60.
Choose the correct answer from the options given below:
2026: 26 May Shift 2
Statistics & Applications
Financial Math
Medium
Chintan has borrowed ₹ 5,00,000 from a bank to purchase a car and decided to repay the loan in equal monthly installments in 10 years. If bank charges interest at 6% per annum compounded monthly, the EMI on reducing balance method will be : (Given )
2026: 25 May Shift 1
Statistics & Applications
Financial Math
Hard
The supply function for a commodity is . If 9 units of goods are sold, then producer's surplus is :