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Status : Pass
Assessment Date : 06-07-2020 21:04:04 (GMT+05:30)
Performance Level : Low
52.00 L
Your Performance
Percentage Category
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Performance Categories
Based on the performance of the students, we have framed the following categories to place you in accordance with your performance
Excellent
Outstanding level of performance indicates that the candidate has done excellent work and mastered the concepts.
High
High level of performance indicates that the candidate has done above average work and mastered almost all the concepts.
Moderate
Acceptable level of performance indicates that the candidate has done average work and has mastered many of the concepts.
Low
Needs improvement in performance indicates that the candidate has done and mastered very few or none of the concepts.
Performance Criteria
RERA Refresher Course (rera mcq) 45.50 and above 40.50 to 45.00 30.50 to 40.00 Below 30.00
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SECTION (GROUP) EXCELLENT HIGH MODERATE LOW
Overall Score 45.50 and above 40.50 to 45.00 30.50 to 40.00 Below and equal to 30.00
/
MARKS TIME YOUR YOUR MAX NO OF MARKED
SECTION SCORED SPENT BY SECTION SECTION TOTAL QUESTIONS - QUESTIONS CORRECT INCORRECT UNANSWERED FOR
(GROUP) BY YOU YOU (IN PERCENTAGE ACCURACY QUESTIONS TO ATTEMPT ATTEMPTED REVIEW
MINS)
RERA
Refresher
26.00 61:21 52.00% 52.00% 50 50 50 26 24 0 0
Course (rera
mcq)
Note:The percentage (%) and accuracy below the prescribed values (60 %) are shown in red color
Section-wise marks
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Impact of Incorrect Responses
Below table provides the marks lost due to incorrect responses.
SECTION(GROUP) NUMBER OF INCORRECT RESPONSES MARKS LOST DUE TO INCORRECT RESPONSES TOTAL SCORE IF INCORRECT RESPONSES WERE NOT MARKED
Overall 24 0 26.00
In order to attempt more accurately, consider the following suggestions while attempting the questions:
1. If you are not able to solve a question correctly or have doubts in your approach towards the solution, skip it for later.
2. Quickly revise the steps for avoiding calculation or casual mistakes.
3. Avoid guesswork.
Time Management
Below table shows the time you spent in each section.
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SECTION (GROUP) TIME SPENT BY YOU (IN MINS)
Recommendations
1. It is essential for each aspirant to plan and schedule time for each section diligently. This is important to score well in each section and ultimately meet the cut-
off.
2. This will also help you in attempting all the questions in each section and hence not missing the opportunity to score more.
SECTION(GROUP) CORRECT TO INCORRECT INCORRECT TO CORRECT INCORRECT TO INCORRECT CORRECT TO UNANSWERED INCORRECT TO UNANSWERED
Overall 0 0 0 0 1
It is suggested that guesswork should be avoided for any type of response changes. It has been observed that more often than not, guesswork leads to an incorrect
response thereby inviting negative marks which in turn has an adverse effect on the overall rank.
/
You must use your knowledge observation and elimination skills to arrive at the correct answer
You must use your knowledge, observation and elimination skills to arrive at the correct answer.
MARKS SCORED BY YOU YOUR SECTION PERCENTAGE YOUR SECTION ACCURACY TIME SPENT BY YOU (IN MINS)
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MARKS SCORED BY YOU YOUR SECTION PERCENTAGE YOUR SECTION ACCURACY TIME SPENT BY YOU (IN MINS)
Note:The percentage (%) and accuracy below the prescribed values (60%) are shown in red color
Correct, 26
InCorrect, 24
= Not Evaluated = Evaluated = Correct = Incorrect = Not Attempted = Marked for Review
= Answered = Correct Option = Your Option
Question Details
Q1. Limitation period for filing an appeal before the Appellate Tribunal.
Status : Correct
Options :
1. 45 days
2. 60 days
3. 90 days
4. 120 days
Timespent (in sec): 87 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
/
Q2. In which account 100 collection of a sales proceeds are collected
Status : Incorrect
Options :
1. RERA Account
2. Escrow Account
3. Master Collection
4. Developers Current Account
Timespent (in sec): 241 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
Q3. The Authorised Representative of Financial Creditors in a class shall cast his vote on behalf of all the financial creditors he
represents in accordance with the decision taken by a vote of more than:
Status : Incorrect
Options :
1. 0.66
2. 0.75
3. 0.51
4. 0.5
Timespent (in sec): 403 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
/
Q4. Under what Form shall the Homebuyers/ Allottees submit their Proof of Claim with the Interim Resolution Professional/
Resolution Professional during Corporate Insolvency Resolution Process?
Status : Incorrect
Options :
1. Form F
2. Form B
3. Form CA
4. Form D
Timespent (in sec): 189 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
Q5. If Appeal is filed by Promoter what is the minimum percentage of amount to be deposited before the Appellate Tribunal as per
Act?
Status : Correct
Options :
1. 0.3
2. 0.35
3. 0.4
4. 0.5
Timespent (in sec): 66 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
/
Q6. Who will constitute the Committee of Creditors when a Corporate Debtor has only creditors in a class and no other Financial
Creditors?
Status : Incorrect
Options :
1. Operational Creditors only
2. Resolution Professional
3. Any leading Financial Institution as nominated by the Adjudicating Authority
4. The Authorised Representative(s) of the said Financial Creditors in a class
Timespent (in sec): 170 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 1
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
Status : Correct
Options :
Timespent (in sec): 67 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
/
Q8. Who can file the complaint against Promoter under RERA ?
Status : Correct
Options :
1. Allottee
2. Resident Welfare Association
3. Both A & B
4. None of the above
Timespent (in sec): 12 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
Q9. Which clause of Section 5(8) of the Insolvency and Bankruptcy Code, 2016 brings the Allottees of a Real Estate Project under the
ambit of “Financial Debt”?
Status : Correct
Options :
1. clause (b)
2. clause (a)
3. clause (f)
4. clause (i)
Timespent (in sec): 71 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
/
Q10. The chartered accountant is required to verify during his audit that –
Status : Incorrect
Options :
1. The amounts collected for a particular project have been utilised on the project the amounts withdrawn from the designated bank account have
been withdrawn in compliance with the percentage of progress achieved
2. the accounts give a true and fair view
3. the promoter has collected all over due receivables
4. All of the Above
Timespent (in sec): 25 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
Q11. Which state real estate rules are not diluted and are exactly in line with real estate rules notified by Ministry of Housing and
Urban Affairs?
Status : Incorrect
Options :
1. Madhya Pradesh
2. Orissa
3. Haryana
4. Uttar Pradesh
Timespent (in sec): 115 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
/
Q12. Jurisdiction of Adjudicating Officer?
Status : Correct
Options :
1. Sections 12,14,15 & 18
2. Sections 13,14,18 & 19
3. Sections 12,14,18 & 19
4. Sections 14,15,18 & 19
Timespent (in sec): 87 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
Q13. Besides the chartered accountant, two more professionals certifying the progress of work are-
Status : Correct
Options :
1. an engineer and an architect
2. a lawyer and an estate agent
3. an engineer and a lawyer
4. a lawyer and an architect
Timespent (in sec): 29 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
/
Q14. When forensic audit can be ordered by the RERA ?
Status : Correct
Options :
1. In case of siphoning of fund
2. In case of fraudulent transfer of unit
3. Both A & B
4. None of the above
Timespent (in sec): 19 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
Q15. The proviso to section 7(1) of the Insolvency and Bankruptcy Code, 2016 providing that an Application for initiation of
Corporate Insolvency Resolution Process by Allottees can only be filed jointly by not less than one hundred Allottees under the same
real estate project or not less than 10 per cent of the total number of such Allottees, whichever is less?
Status : Incorrect
Options :
Timespent (in sec): 43 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
/
Q16. Which state has their own Real Estate Regulation Act
Status : Incorrect
Options :
1. Maharashtra
2. West Bengal
3. Rajasthan
4. Gujarat
Timespent (in sec): 12 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
Status : Correct
Options :
Timespent (in sec): 12 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
/
Q18. WHAT IS TIME LIMIT TO DISPOSE CASE BY AUTHORITY/TRIBUNAL?
Status : Correct
Options :
1. WHITHIN 30DAYS FROM DATE OF RECIPT OF COMPLAINT/APPEAL
2. WITHIN 60 DAYS FROM DATE OD RECEIPT OF COMPLAINT/APPEAL
3. WITHIN 90 DAYS FROM DATE OF RECEIPT OF COMPLLAINT/APPEAL
4. NO TIME LIMIT
Timespent (in sec): 41 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
Q19. Defect Liability Period under RERA related to development of the project –
Status : Correct
Options :
1. 5 years from the date of handing over possession
2. 2 years from the date of Occupation of apartment
3. 5 years from the date of Occupation of apartment
4. 2 years from the date of Occupancy Certificate
Timespent (in sec): 47 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
/
Q20. Where does an appeal from Real Estate Appellate Tribunal lie?
Status : Correct
Options :
Timespent (in sec): 77 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
Q21. Under the RERA Act, which type of area needs to be disclosed by the Promoter for sale of units in the project -
Status : Incorrect
Options :
1. Built Up Area
2. Super Built Up Area
3. Carpet Area
4. Covered Area
Timespent (in sec): 50 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
/
Q22. WHAT IS COMPOSITION OF APPELLATE TRIBUNAL?
Status : Correct
Options :
1. CHAIRPERSON AND ONE WHOLE TIME MEMBER
2. CHAIRPERSON AND NOT LESS THAN TWO WHOLE TIME MEMBERS
3. THREE WHOLE TIME MEMBERS
4. CHAIRPERSON AND THREE WHOLE TIME MEMBERS
Timespent (in sec): 47 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
Q23. What is the minimum % of Consent of Allottees required to modify the Sanctioned Plan?
Status : Correct
Options :
1. 2/3rd
2. 1/3rd
3. 0.5
4. 0.7
Timespent (in sec): 15 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
/
Q24. Promoter can collect any amount irrespective of entering into Agreement for Sale
Status : Correct
Options :
1. Promoter can decide from time to time
2. Minimum 25 % shall be collected to protect promoter interest and enter into agreement for sale
3. Cannot collect more than 10 % of unit cost unless agreement for sale is entered
4. Not Stipulated by RERA
Timespent (in sec): 18 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
Status : Correct
Options :
1. Land proposed to be developed does not exceed 500 sq m or number of apartments proposed to be developed does not exceed eight, inclusive
of all phases.
2. Promoter has received completion certificate for Real Estate Project prior to commencement of Act.
3. Project under renovation or repair or re-development which does not involve marketing, advertising, selling or new allotment of any apartment,
plot or building.
4. All of the Above
Timespent (in sec): 55 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
/
Q26. The Authority may revoke the registration granted to the Promoter if
Status : Correct
Options :
1. The promoter makes default in doing anything required by or under this Act or the rules or the regulations made thereunder.
2. The promoter violates any of the terms or conditions of the approval given bythe competent authority.
3. The promoter is involved in any kind of unfair practice or irregularities
4. All of the above.
Timespent (in sec): 17 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
Status : Incorrect
Options :
1. 2016
2. 2017
3. 2015
4. 2018
Timespent (in sec): 14 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
/
Q28. In how many months registered RERA project’s data should be updated at RERA website
Status : Incorrect
Options :
1. 1 month
2. 3 months
3. 6 months
4. 12 months
Timespent (in sec): 157 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
Status : Incorrect
Options :
1. Period declared by the builder / developer required to complete the project or phase.
2. Three years from the date of Registration
3. Both 1. & 2
4. None of the above.
Timespent (in sec): 114 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
/
Q30. RERA Registration shall be mentioned on all Advertisement / Promotional materials
Status : Correct
Options :
1. Sufficient to mention on Brochures
2. Mandatory on All advertisement and promotional materials
3. Only in News Paper and Hoardings
4. At Project Site
Timespent (in sec): 21 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
Q31. Which Authority can entertain real estate project related complaints?
Status : Correct
Options :
1. Civil Courts
2. Real Estate Authority or the Adjudicating officer
3. Consumer Courts.
4. Both 2 & 3
Timespent (in sec): 19 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
/
Q32. What will be the voting share of a Financial Creditor in a class in the Committee of Creditors of a Corporate Debtor?
Status : Incorrect
Options :
1. In proportion to the financial debt of the individual creditor
2. In proportion to the financial debt of the individual creditor including interest @ 8% per annum unless a different rate has been agreed between
the parties
3. In proportion to the total number of financial creditors
4. None of the above
Timespent (in sec): 155 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
Q33. Under which provision of the Code is the Interim Resolution Professional mandated to make an Application to the Adjudicating
Authority for appointment of an Authorised Representative for the Allottee-Financial Creditors in a class for the purposes of
representation in the Committee of Creditors?
Status : Incorrect
Options :
1. Section 21(6A)(a)
2. Section 21(6A)(b)
3. Section 24(3)
4. Section 22(3)(a)
Timespent (in sec): 122 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
/
Q34. WHO HAS POWER TO AWARD COMPENSATION UNDER ACT?
Status : Incorrect
Options :
1. AUTHORITY
2. CONCILIAITON FORUM
3. ADJUDICATING OFFICER
4. All of the above
Timespent (in sec): 17 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
Status : Correct
Options :
1. Either can file complaint before RERA
2. Either can file complaint under IBC.
3. Either can file complaint before consumer forum
4. All of the above
Timespent (in sec): 14 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
/
Q36. As per RERA, allottees are required to take possession of their apartment within ………………..from the date of issue of
Occupation Certificate.
Status : Correct
Options :
1. One Month
2. Two Months
3. Three Months
4. None of above
Timespent (in sec): 86 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
Q37. Which Appellate Authority recently passed Order setting aside order of Regulatory Authority for Refund?
Status : Correct
Options :
1. Maharashtra
2. Telangana
3. Haryana
4. Uttar Pradesh
Timespent (in sec): 123 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
/
Q38. In which case did the Hon’ble Supreme Court pass the Landmark judgment upholding the amendment Act No. 26 of 2018
giving Allottees/Homebuyers the status of Financial Creditors?
Status : Incorrect
Options :
1. Chitra Sharma & Ors. Vs. Union of India- WP (C) 744 of 2017
2. Bikram Chaterji & Ors. Vs. Union of India- WP (C) 940 of 2017
3. Jignesh Shah & Anr. Vs. Union of India- WP (C) 455 of 2019
4. Pioneer Urban Land and Infrastructure Ltd Vs. Union of India- WP (C) 43 of 2019
Timespent (in sec): 182 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
Q39. Project Management Consultant (PMC) appointed by RERA U/s 8 of RERA Act to complete the uncomplete project is liable to
Status : Incorrect
Options :
1. Allottee
2. Creditors
3. Bank
4. None of the above
Timespent (in sec): 29 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
/
Q40. Which state has appointed its own Executing Officer to enforce its Order?
Status : Incorrect
Options :
1. Uttarakhand
2. Chattisgarh
3. Madhya Pradesh
4. Bihar
Timespent (in sec): 21 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
Q41. In case of sale of unit with buy-back Clause, Can allottee compel promoter to buy back unit through RERA ?
Status : Incorrect
Options :
1. Can Compel to promoter through RERA Authority.
2. Cannot Compel to promoter through RERA Authority.
3. It depends on the wish of RERA Authority
4. None of the above.
Timespent (in sec): 40 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
/
Q42. In case of voting on an Application u/S 12A, the Authorised Representative shall cast his vote in accordance with:
Status : Incorrect
Options :
1. Instructions received from financial creditors holding 66% of the voting share
2. Instructions received from financial creditors holding 75% of the voting share
3. Instructions received from each financial creditor to the extent of his individual voting share
4. Instructions received from financial creditors holding 50% of the voting share
Timespent (in sec): 22 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
Q43. In normal scenario what % does RERA account held for project construction from the sales proceeds
Status : Correct
Options :
1. 0.6
2. 0.3
3. 0.4
4. 0.7
Timespent (in sec): 24 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
/
Q44. Which State is not implementing RERA and instead has enacted its own state Act?
Status : Correct
Options :
1. Punjab
2. Karnataka
3. West Bengal
4. Tamil Nadu
Timespent (in sec): 48 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
Q45. Which basic things are certified by a chartered accountant in a certificate issued to a promoter to enable him to withdraw
money from the designated bank account.
Status : Incorrect
Options :
1. Progress of work in terms of percentage and Maximum amount that the promoter can withdraw from the designated bank account
2. Outstanding creditors
3. Outstanding debtors
4. All of the Above
Timespent (in sec): 36 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
/
Q46. What purpose is intended to be served by providing that the promoter of a real estate project will deposit at least 70% of
collection from sale of unready units into a designated bank account and providing restriction on withdrawals from this account?
Status : Incorrect
Options :
1. This facilitates savings by the promoter
2. Makes diversion of funds from one project to another difficult and Funds are available to carry out construction work
3. He can avail of greater bank finance, if he requires.
4. All the Above
Timespent (in sec): 31 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
Q47. What is the effect of the provisos inserted after Section 7(1) of the Code on existing Applications filed by Allottees which do not
meet the criteria of 100 Allottees or 10% of the total Allottees even after lapse of the 30-day period given under the Code to comply
with the same?
Status : Incorrect
Options :
1. The said Applications shall be dismissed as non-maintainable
2. The said Applications shall stand abated
3. The said Applications shall continue to be heard
4. The said Applications shall be deemed to be withdrawn
Timespent (in sec): 184 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
/
Q48. WHETHER AUTHORITY CAN RECTIFY ORDER PASSED BY IT.
Status : Correct
Options :
Timespent (in sec): 27 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
Status : Correct
Options :
1. DISTRICT JUDGE ( RETD OR ACTING)
2. HIGH COURT JUDGE( RETD OR ACTING)
3. PERSON HAVING EXPERIENCE IN REAL ESTATE SECTOR OF MORE THAN 15 YEARS
4. NONE OF THE ABOVE
Timespent (in sec): 137 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You are on the right preparation track on this topic.
/
Q50. If the regulatory body fails to take a decision on an application filed by Promoter for registration of a project within 30 days?
Status : Incorrect
Options :
Timespent (in sec): 43 Correct to Incorrect: 0 Incorrect to Correct: 0 Incorrect to Incorrect: 0 Correct to unanswered: 0 Incorrect to unanswered: 0
Comments: You have most probably committed a numerical or conceptual mistake or you would have guessed the answer.
CORRECT TO INCORRECT INCORRECT TO CORRECT INCORRECT TO INCORRECT CORRECT TO UNANSWERED INCORRECT TO UNANSWERED
0 0 0 0 1