Questions and Answers
What is the primary purpose of the prepared material by IOV-RVF?
Referral study material for the 50 hours Mandatory Education Programme
Who chaired the Education, Training & Research Committee of IOV-RVF mentioned in the acknowledgments?
The contents of the study material were based on years of contributions from members of the Institution of Valuers.
True
Who expressed gratitude towards the Centre for Research & Technical Education (CRTE)?
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What has been a significant factor in upgrading the valuation profession in India?
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What does IOV-RVF believe a book format will serve as?
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In which year was the first edition of the material published?
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IOV-RVF has provided its training material to more than 3000 members.
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Study Notes
Overview of IOV-Registered Valuers Foundation Material
- Prepared according to the syllabus mandated by IBBI for the 50-hour Mandatory Education Programme.
- Serves as a referral study material specifically for aspiring valuers in India.
- Contains contributions from prominent research organizations and leading professionals in the field of valuation.
Acknowledgments and Contributors
- Acknowledges the efforts of eminent valuer members of the Institution of Valuers for developing the course material.
- Gratitude expressed to the Education, Training, and Research Committee of IOV-RVF, led by Dr. Goutam Sengupta.
- Influenced by the works of notable figures in valuation standards, including Dr. Ashok Nain and Late Dr. P.C. Gupta.
- A range of contributors involved in editing and refining the material, enhancing its quality.
Importance of the Study Material
- The prior training program reached over 3000 members, indicating widespread importance and usage of the initial study material.
- Continuous collaboration with regulatory bodies like the Ministry of Corporate Affairs (MCA) and IBBI to enhance the valuation profession.
- Emphasis on adapting to legislative changes, including those under the Insolvency and Bankruptcy Code (IBC) and Companies (Registered Valuers & Valuation) Rules, 2017.
Evolution of Study Material
- The foundation recognizes the necessity for updates and improvements to study material based on evolving regulations and examination syllabi.
- The transition to a comprehensive book format aims to provide structured and accessible knowledge for aspiring valuers.
Valuation Knowledge Scope
- Valuation encompasses various disciplines, including law, economics, and finance, requiring a diverse knowledge base for effective practice.
- Recognition of the valuation sector's dynamic nature and the importance of continuous education and adaptation for professionals in this field.
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Description
This quiz covers the IOV-Registered Valuers Foundation material designed for aspiring valuers in India. Based on the IBBI's syllabus for the Mandatory Education Programme, it includes contributions from leading professionals and research organizations in valuation. Test your knowledge on the essential concepts and standards in valuation practice.
