501. An annual interest payment divided by current price of bond is considered as

by
current yield
maturity yield
return yield
earning yield
✅ The correct answer is A.
An annual interest payment divided by current price of bond is considered as current yield. Current yield is an investment’s annual income (interest or dividends) divided by the current price of the security. This measure examines the current price of a bond, rather than looking at its face value.

495. Method of stock valuation which is multiple of earning per share, book value and net income is classified as

by
stock multiple analysis
dividend multiple analysis
market multiple analysis
stock and multiple analysis
✅ The correct answer is C.
Method of stock valuation which is multiple of earning per share, book value and net income is classified as market multiple analysis. A market multiples analysis is a financial modeling method of assigning a value to assets or to a business.

491. In a money back plan, what is the maturity claim payable?

by
Sum insured
Sum insured less survival benefits paid already
Bonuses
Nothing is payable
✅ The correct answer is B.
In a money back plan, maturity claim payable is the sum insured less survival benefits paid already. The insured is entitled to claim the maturity benefits only when the policy is in force and all premiums have been paid duly.

485. In respect of Traditional cash value plans, which is incorrect:-

by
Bonuses do not reflect the investment performance of the insurer
The method for arriving at surrender value is not easily visible
Cash value component is well defined
None of the above
✅ The correct answer is C.
In respect of Traditional cash value plans, Cash value component is not well defined. Cash value life insurance is a form of permanent life insurance that features a cash value savings component.

483. The elasticity of demand of durable goods is

by
Less than unity
Greater than unity
Equal to unity
Zero
✅ The correct answer is B.
The elasticity of demand of durable goods is greater than unity. Price elasticity of demand for durable goods is generally more elastic in short run than in long run. That is, quantity demanded is more sensitive to price changes of such durable goods in short run and not so much in the long run.