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What is paid by the insurer when the policyholder decides to discontinue the policy?
Answer: Option 2 If a policyholder decides to terminate the policy before maturity, the amount which the insurance company will pay to the policyholder is known as surrender value.
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A type of bond to which are attached coupons indicating the interest due and the date when such interest is to be paid is called ______.?
Answer: Option 2 Let'
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Two men and women are entrusted with a task. The second man needs three hours more to cope up with the job than the second man and the woman would need working together. The first man, working alone, would need as much time as second man and the woman working together. The first man working alone, would spend eight hours less than the double period of the time second man would spend working alone. How much time would the two men and the women need to complete the task if they all asked together?
Answer: Option 1 Difference in times required by the first man (A) and second man (B) = 3 hours. Also, if ta and tb are the respective times, then tb -...
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Direction : Two statements I and II are given. These statement may be either independent causes or may be effects of independent causes or a common cause. One of these statements may be the effect of the other statements. Read both the statements and decide which of the following answer choice correctly depicts the relationship between these two statements. Mark answer : I. The government has decided to give tax benefits for small savings for investments and benefit accruals. However, all withdrawals of such savings are to be taxed. II. People have been investing more in small savings than in equity market to avail maximum tax benefits.?
Answer: Option 3 Both the statements I and II are independent causes.
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On an accounting report of cash flows an "increase (decrease) in cash and cash equivalents" shows?
Answer: Option 4 A Cash flow statement shows inflow and outflow of cash and cash. Among the given options it shows none of the above.
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Where annually increasing flexible premiums operate under a life insurance policy, what rate of increase will generally apply?
Answer: Option 3 Where annually increasing flexible premiums operate under a life insurance policy, 5.00% of increase will generally apply.
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Directions : Following question consists of a statement followed by four arguments I, II, III and IV. You have to decide which of the arguments is a STRONG arguments and which is a WEAK Argument. Statement : Should there be reservation of jobs in the organizations in the private sector also as in the public sector undertakings in India Arguments : I. Yes. This would give more opportunities of development to the weaker sections of the society and thus help reduce the gap between the affluent and the downtrodden in India. II. No. The private sector does not get any government assistance and therefore they should not be saddled with such policies. III. No. Nowhere else in the world such a practice is being followed. IV. No. The management of the private sector undertaking would not agree to such compulsions.?
Answer: Option 1 The reservation of jobs in the private sector too would surely increase opportunities for weaker sections to improve their economic plight. Thus, argument I is strong enough....
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Directions : Each of the following question consists of a statement followed by two arguments I and II. You have to decide which of the arguments is a STRONG arguments and which is a WEAK Argument. Statement : Should there be a ceiling on the salary of top executives of multinationals in our country Arguments : I. Yes. Otherwise it would lead to unhealthy competition and our own industry would not be able to withstand that. II. No. With the accent on liberalization of economy, any such move would be counter-productive. Once the economy picks up, this disparity will be reduced.?
Answer: Option 5 In the absence of such a ceiling, the companies would be involved in a mutual competition of salaries, in a bid to attract the most competent professionals....
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Statement : It is necessary to adopt suitable measures to prevent repetition of bad debts by learning from the past experiences of mounting non-performing assets of banks. Courses of Action : I. Before granting loan to customers their eligibility for loan should be evaluated strictly. II. To ensure the payment of instalments of loan, the work, for which loan was granted, should be supervised minutely on regular basis.?
Answer: Option 5 To ensure that debts taken are repaid promptly, the customer's requirements and future prospects ought to be studied and their work constantly checked. Thus, both the courses...
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Direction : Two statements I and II are given. These statement may be either independent causes or may be effects of independent causes or a common cause. One of these statements may be the effect of the other statements. Read both the statements and decide which of the following answer choice correctly depicts the relationship between these two statements. Mark answer : I. The prices of food grains and other essential commodities in the open market have risen sharply during the past three months. II. The political party in opposition has given a call for general strike to protest against the government's economic policy.?
Answer: Option 1 Since the prices of food grains and other essential commodities in the open market have been raised sharply during the past three months, so the political party...
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