IBBI Valuation of Land and Building Mock Test

IBBI - Valuation Examination
Frequently Asked Questions
1. Am I eligible to appear for Valuation Examination and what is the eligibility criteria
for writing the Valuation Examination?
The Companies (Registered Valuers and Valuation) Rules, 2017 provides the eligibility
criteria as to the qualifications and experience required to write Valuation Examination.
For eligibility criteria, visit http://ibbi.gov.in/webfront/legal_fra... to access the
Companies (Registered Valuers and Valuation) Rules, 2017 under Rules.
2. Is this examination mandated under any law and for what purpose?
Yes. The Companies (Registered Valuers and Valuation) Rules, 2017 have been notified
on October 18, 2017. Further, vide notification dated October 23, 2017, the Ministry of
Corporate Affairs (MCA) has delegated the powers and functions pertaining to Registered
Valuers, as mentioned in Section 247 of the Companies Act, 2013, to the Insolvency and
Bankruptcy Board of India (IBBI). This examination is mandated under section 247 read
with sections 458 and 469 of the Companies Act, 2013 (18 of 2013). It is one of the
mandatory conditions for registration as a Registered Valuer with Insolvency and
Bankruptcy Board of India (IBBI).

What is the structure of the question paper?
The Valuation Examination is conducted for 3 asset classes namely Land and Building,
Plant and Machinery and Securities or Financial Assets. Individuals appearing for Land
and Building category will get a total of 96 questions to answer, out of which 92 questions
will be of 1 mark each and 4 questions of 2 marks each. Individuals appearing for Plant
and Machinery category will get a total of 96 questions to answer, out of which 92 questions
will be of 1 mark each and 4 questions of 2 marks each. Individuals appearing for Securities
or Financial Assets category will get a total of 92 questions to answer, out of which 84
questions will be of 1 mark each and 8 questions of 2 marks each. You need to answer these
questions in 2 hours as per the category you appear for. You need to select correct answer
among the given alternatives, and a correct answer gives you the marks assigned to the
question. A wrong answer attracts a negative mark of 25% of the marks assigned to that
question. You need to score 60% to pass the examination

Does IBBI provide any study material for the examination?
IBBI does not provide any study material or workbook for the examination. You may use
the books or other resources available on the subject. IBBI has put on its website some
study material prepared by the RVOs.