Rs.10
Rs.30
Rs.20
Rs.5
✅ The correct answer is A.
Average Fixed Cost = Total Fixed Cost / Number of Units.
AFC = 1000/100 = Rs. 10.
Average Fixed Cost = Total Fixed Cost / Number of Units.
AFC = 1000/100 = Rs. 10.
1306. Which policy is suited to clear off a client’s liability for mortgage loan?
Endowment policy
Whole Life Policy
Money Back Policy
Mortgage Redemption policy
✅ The correct answer is D.
Mortgage Redemption policy is suited to clear off a client’s liability for mortgage loan. A mortgage redemption plan is an insurance that is available to those who take a home loan and corresponds to the quantum of loan that they take. The advantage of such a policy is that in case the insured dies during the loan repayment period, the insurance pays off the loan liability. This plan normally provides insurance cover only up to the age of 65 years because all loans are often liquidated by an individual by the time he reaches this age, if not by the time he retires at the age of 60 years.
Mortgage Redemption policy is suited to clear off a client’s liability for mortgage loan. A mortgage redemption plan is an insurance that is available to those who take a home loan and corresponds to the quantum of loan that they take. The advantage of such a policy is that in case the insured dies during the loan repayment period, the insurance pays off the loan liability. This plan normally provides insurance cover only up to the age of 65 years because all loans are often liquidated by an individual by the time he reaches this age, if not by the time he retires at the age of 60 years.
116. Which of the following is not a transaction?
Goods are purchased on cash basis for Rs.1000
Salaries are paid for the month of May 2010
Land is purchased for Rs. 10 lacs
An employee dismissed from the job
✅ The correct answer is D.
An employee dismissed from the job is not a transaction. A transaction is an agreement between a buyer and a seller to exchange goods, services or financial instruments.
An employee dismissed from the job is not a transaction. A transaction is an agreement between a buyer and a seller to exchange goods, services or financial instruments.
1302. Preferred stock dividends must be paid on common stock and must have
fixed amount of dividends
fixed amount of shares
variable amount of dividends
variable amount of shares
✅ The correct answer is A.
Preferred stock dividends must be paid on common stock and must have fixed amount of dividends. Preferred dividends are the dividends that are accrued paid on a company’s preferred stock. Any time a company pays dividends, preferred shareholders have priority over common shareholders, which means dividends must always be paid to preferred shareholders before they are paid to common shareholders.
Preferred stock dividends must be paid on common stock and must have fixed amount of dividends. Preferred dividends are the dividends that are accrued paid on a company’s preferred stock. Any time a company pays dividends, preferred shareholders have priority over common shareholders, which means dividends must always be paid to preferred shareholders before they are paid to common shareholders.
1300. Discriminating monopoly implies that the monopolist charges different prices for its commodity
From different groups of consumers
For different uses
At different places
Any of the above
✅ The correct answer is D.
Discriminating monopoly implies that the monopolist charges different prices for its commodity From different groups of consumers, for different uses and at different places.
Discriminating monopoly implies that the monopolist charges different prices for its commodity From different groups of consumers, for different uses and at different places.
1299. Insurance is legitimate
When an adverse happening is likely
When an adverse happening is unlikely
When an adverse happening is certain
In all the above three situations
✅ The correct answer is A.
Insurance is legitimate when an adverse happening is likely toh happen.
Insurance is legitimate when an adverse happening is likely toh happen.
1318. An approach in which company under-costs it’s one product and over-costs at least one product is classified as
service-cost across subsidizing
product-price cross subsidizing
product-cost cross subsidizing
product cross subsidizing
✅ The correct answer is C.
An approach in which company under-costs it’s one product and over-costs at least one product is classified as product-cost cross subsidizing. Product-cost cross-subsidization is the strategy of pricing a product above its market value to subsidize the loss of pricing a different product below its market value.
An approach in which company under-costs it’s one product and over-costs at least one product is classified as product-cost cross subsidizing. Product-cost cross-subsidization is the strategy of pricing a product above its market value to subsidize the loss of pricing a different product below its market value.
1317. Primary care can be described as _________.
Care provided to patient in an acute setting
Care provided in hospitals
First point of contact for people seeking healthcare
Care provided by Doctors
✅ The correct answer is C.
Primary care can be described as first point of contact for people seeking healthcare. Primary care includes health promotion, disease prevention, health maintenance, counseling, patient education, diagnosis and treatment of acute and chronic illnesses in a variety of health care settings (e.g., office, inpatient, critical care, long-term care, home care, day care, etc.).
Primary care can be described as first point of contact for people seeking healthcare. Primary care includes health promotion, disease prevention, health maintenance, counseling, patient education, diagnosis and treatment of acute and chronic illnesses in a variety of health care settings (e.g., office, inpatient, critical care, long-term care, home care, day care, etc.).
1316. When at least 51% shares are in the hands of government, it is called as __________.
public corporation
government company
public company
private company
✅ The correct answer is B.
When at least 51% shares are in the hands of government, it is called as government company.
When at least 51% shares are in the hands of government, it is called as government company.
1315. Fixed capital is also called as _________.
blocked capital
unblocked capital
working capital
non-working capital
✅ The correct answer is A.
Fixed capital is also called as blocked capital. Fixed capital includes the assets and capital investments—such as property, plant, and equipment (PP&E)—that are needed to start up and conduct business, even at a minimal stage.
Fixed capital is also called as blocked capital. Fixed capital includes the assets and capital investments—such as property, plant, and equipment (PP&E)—that are needed to start up and conduct business, even at a minimal stage.