901. The most popular type of media in terms of total hours of consumption per year is _____.

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television
radio
Internet
newspaper
✅ The correct answer is A.
The most popular type of media in terms of total hours of consumption per year is television. Though consumption of video on digital platforms is on the rise in the country, good old television continues to score in terms of penetration and has large headroom left to fill.

916. Until word of preferred is used, an equity in balance sheet is treated as

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common equity
preferred equity
due equity
common perpetuity
✅ The correct answer is A.
Until word of preferred is used, an equity in balance sheet is treated as common equity. Common equity is the amount that all common shareholders have invested in a company. Most importantly, this includes the value of the common shares themselves.

915. Pick out the correct ones.

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Nomination can be changed at will by the assured during the course of the policy
Assignment can also be changed at will by the assured without referring to the assignee
Witness for an assignment is not mandatorily required
Like nomination, assignment can also be effected in the proposal
✅ The correct answer is A.
Nomination can be changed at will by the assured during the course of the policy. There is no limit on how many times a nominee can be changed during the term of a particular policy though some companies may charge money for nomination change.