1016. What could be the basis for choice of fund in a Unit Linked policy?

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Investment need
Risk profile
Both A & B
None of the three
✅ The correct answer is C.
Investment need and Risk profile could be the basis for choice of fund in a Unit Linked policy. Unit linked insurance plans allow policy takers to closely monitor their portfolios. They also offer the flexibility to switch your capital between funds with varying risk-return profiles.

1014. Physical location exchange or telephone networks are types of

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long-term markets
secondary markets
money markets
capital markets
✅ The correct answer is B.
Physical location exchange or telephone networks are types of secondary markets. The secondary market is where investors buy and sell securities they already own. It is what most people typically think of as the “stock market,” though stocks are also sold on the primary market when they are first issued.

1012. OTCEI stands for ___________.

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Over The Counter Exchange Of India
Over The Country Exchange Of India
Over The Comparison Exchange Of India
Over The Company Exchange Of India
✅ The correct answer is A.
The over-the-counter exchange of India (OTCEI) is an electronic stock exchange based in India that consists of small- and medium-sized firms aiming to gain access to the capital markets like electronic exchanges in the U.S. such as the Nasdaq, there is no central place of exchange, and all trading occurs through electronic networks.

1010. What is the name given to an interactive business providing a centralized market where many buyers and suppliers can come together for e‐commerce or commerce‐related activities?

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Direct marketplace
B2B
B2C
Electronic marketplace
✅ The correct answer is D.
Electronic marketplace is the name given to an interactive business providing a centralized market where many buyers and suppliers can come together for e‐commerce or commerce‐related activities.

89. Cost of a fixed asset – Accumulated depreciation expenses of the fixed asset = ?

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Book value of a fixed asset
Market value of a fixed asset
Historical cost of a fixed asset
Recoverable amount if a fixed asset
✅ The correct answer is A.
Cost of a fixed asset – Accumulated depreciation expenses of the fixed asset = Book value of a fixed asset. Except for the cost of land, the cost of a fixed asset is spread over its estimated useful life to the business; the amount allocated to each period is called depreciation expense.