1397. Praveen died in a car accident. The beneficiary submits documents for a death claim. Which of the below document is an additional document required to be submitted in case of accidental death as compared to natural death?

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Certificate of burial or cremation
Treating physician’s certificate
Employer’s certificate
Inquest Report
✅ The correct answer is D.
Inquest Report document is an additional document required to be submitted in case of accidental death as compared to natural death. In general, a court inquiry (sometimes with the aid of specially chosen jury) into a specific matter. In particular, an inquiry by a coroner into the death of person who died under suspicious circumstances or in police custody.

1414. Which type of shareholders does not have voting rights?

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Equity shareholders
Preference shareholders
Deferred shareholders
Ordinary shareholders
✅ The correct answer is B.
Preference shareholders does not have voting rights. Most preference shares have a fixed dividend, while common stocks generally do not. Preferred stock shareholders also typically do not hold any voting rights, but common shareholders usually do.

1413. Greater the size of a business unit ________ will be the requirements of working capital.

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larger
lower
no change
fixed
✅ The correct answer is A.
Greater the size of a business unit larger will be the requirements of working capital. Working capital, also known as net working capital (NWC), is the difference between a company’s current assets, such as cash, accounts receivable (customers’ unpaid bills) and inventories of raw materials and finished goods, and its current liabilities, such as accounts payable.

1411. Which of the following is a Contingency product?

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Bank deposits
Real Estate
Postal savings
Insurance
✅ The correct answer is D.
Insurance is a Contingency product. The Contingency Insurance Industry is a specialized group of individuals that deal with insurance products that usually fall outside of the more easily recognized property, marine, casualty, and financial services departments of most companies.

1410. Call provision practiced by company which states that call price will be paid is classified as

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super refund provision
super put redemption
make-whole call provision
super call provision
✅ The correct answer is C.
Call provision practiced by company which states that call price will be paid is classified as make-whole call provision. A make whole call (provision) is a type of call provision on a bond allowing the borrower to pay off remaining debt early.

1406. Active listening is

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Paying close attention to the speaker and occasionally smiling or nodding one’s head
Giving one’s comments on the points raised by the other party
While being attentive to the speaker, giving occasional nod and smile along with feedback
All of the above
✅ The correct answer is D.
Active listening is Paying close attention to the speaker and occasionally smiling or nodding one’s head, Giving one’s comments on the points raised by the other party and While being attentive to the speaker, giving occasional nod and smile along with feedback.