1482. According to investors point of view, an expected rate of return is rate on stocks which they

receive in future
received in past
yearly growth
semi-annual growth
✅ The correct answer is A.
According to investors point of view, an expected rate of return is rate on stocks which they receive in future. The expected rate of return is the return on investment that an investor anticipates receiving.

1463. An amount of spoilage that is natural in any particular production process is classified as

normal scrap
normal spoilage
abnormal spoilage
weighted spoilage
✅ The correct answer is B.
An amount of spoilage that is natural in any particular production process is classified as normal spoilage. Normal spoilage refers to the inherent worsening of products during the production or inventory processes of the sales cycle.

1459. State the correct position out of the following.

No licence is actually needed by the agent if he is authorised by the Insurer
No agent can do insurance business without a valid licence under sec.42 of the Insurance Act 1938
An agent of insurance works for salary in an Insurance company
A Director of an Insurance company can be an insurance Agent
✅ The correct answer is B.
No agent can do insurance business without a valid licence under sec.42 of the Insurance Act 1938. The Insurance Act, 1938 is a law originally passed in 1938 in British India to regulate the insurance sector. It provides the broad legal framework within which the industry operates.

1473. In estimation of cost functions, variations in a single activity level represents the

related total costs
related fixed cost
related variable cost
related per unit cost
✅ The correct answer is A.
In estimation of cost functions, variations in a single activity level represents the related total costs. Total cost refers to the aggregation of all types of costs related to a cost object, which means fixed costs, variable costs, and mixed costs.