higher repair cost
higher setup cost
lower repair cost
higher setup cost
✅ The correct answer is A.
Higher level of production leads to higher repair cost.
Higher level of production leads to higher repair cost.
733. An annual rate of 16% if quoted by credit card issuer usually a bank is classified as
loan rate of return
local rate of return
annual percentage rate
annual rate of return
✅ The correct answer is C.
An annual rate of 16% if quoted by credit card issuer usually a bank is classified as annual percentage rate. An annual percentage rate (APR) is the annual rate charged for borrowing or earned through an investment. APR is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan.
An annual rate of 16% if quoted by credit card issuer usually a bank is classified as annual percentage rate. An annual percentage rate (APR) is the annual rate charged for borrowing or earned through an investment. APR is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan.
731. Function used to measure decline in labour hours per unit as units of production increases is called
fixed curve
learning curve
linear curve
mixed curve
✅ The correct answer is B.
Function used to measure decline in labour hours per unit as units of production increases is called learning curve. A learning curve is a concept that graphically depicts the relationship between the cost and output over a defined period of time, normally to represent the repetitive task of an employee or worker.
Function used to measure decline in labour hours per unit as units of production increases is called learning curve. A learning curve is a concept that graphically depicts the relationship between the cost and output over a defined period of time, normally to represent the repetitive task of an employee or worker.
730. If a life has an anticipated mortality significantly lower than standard lives and could be charged lower premium the life is a –
Standard life
Sub-standard life
Declined risk
Preferred risks
✅ The correct answer is D.
If a life has an anticipated mortality significantly lower than standard lives and could be charged lower premium the life is a Preferred risks. A preferred risk is a policyholder who is considered significantly less likely to file claims.
If a life has an anticipated mortality significantly lower than standard lives and could be charged lower premium the life is a Preferred risks. A preferred risk is a policyholder who is considered significantly less likely to file claims.
729. Pick out the correct sentence from the flowing ones.
Family floater policy does not cover parents
Family floater is for self and spouse only
Family floater policy covers self, spouse, parents and dependants
Uncle and aunt can be covered in a family floater
✅ The correct answer is C.
Family floater policy covers self, spouse, parents and dependants. A family floater covers all the family members under one single plan. The sum insured is fixed and gets exhausted as and when any member avails medical services and makes a claim. The members coverable under a family floater can be the policyholder and his/her parents, spouse and children.
Family floater policy covers self, spouse, parents and dependants. A family floater covers all the family members under one single plan. The sum insured is fixed and gets exhausted as and when any member avails medical services and makes a claim. The members coverable under a family floater can be the policyholder and his/her parents, spouse and children.
728. In capital market line, risk of efficient portfolio is measured by its
standard deviation
variance
aggregate risk
ineffective risk
✅ The correct answer is A.
In capital market line, risk of efficient portfolio is measured by its standard deviation. The standard deviation is a statistic that measures the dispersion of a dataset relative to its mean and is calculated as the square root of the variance.
In capital market line, risk of efficient portfolio is measured by its standard deviation. The standard deviation is a statistic that measures the dispersion of a dataset relative to its mean and is calculated as the square root of the variance.
727. The time required to process and execute an order is called
allowed time
lead time
accepted time
fixed time
✅ The correct answer is B.
The time required to process and execute an order is called lead time. Lead time is the amount of time that passes from the start of a process until its conclusion.
The time required to process and execute an order is called lead time. Lead time is the amount of time that passes from the start of a process until its conclusion.
726. Calculation of formula in common stock valuation does not include
intrinsic value
dividend of stockholder
number of stock issued
expected growth rate
✅ The correct answer is C.
Calculation of formula in common stock valuation does not include number of stock issued. Common stock valuation is the process of determining the value of a share of stock in a company. The holder of one share in a company that has one million shares outstanding is actually the owner of one-millionth of the company; the value of that share should represent that percentage of the company’s worth.
Calculation of formula in common stock valuation does not include number of stock issued. Common stock valuation is the process of determining the value of a share of stock in a company. The holder of one share in a company that has one million shares outstanding is actually the owner of one-millionth of the company; the value of that share should represent that percentage of the company’s worth.
725. Insurance refers to protection against an event that _________ happen whereas Assurance refers to protection against an event that _________ happen.
May, may not
Might, will
Must, need not
Will, will not
✅ The correct answer is B.
Insurance refers to protection against an event that might happen whereas Assurance refers to protection against an event that will happen.
Insurance refers to protection against an event that might happen whereas Assurance refers to protection against an event that will happen.
724. The human effort applied to the production of goods is called in economics
Labour
Skill
Experience
Service
✅ The correct answer is A.
The human effort applied to the production of goods is called Labour in economics. Labor is the human effort that can be applied to the production of goods and services.
The human effort applied to the production of goods is called Labour in economics. Labor is the human effort that can be applied to the production of goods and services.