Administrator

2318. In calculation of internal rate of return, an assumption states that received cash flow from project must

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be reinvested
not be reinvested
be earned
not be earned
✅ The correct answer is A.
In calculation of internal rate of return, an assumption states that received cash flow from project must be reinvested. The internal rate of return (IRR) is a metric used in capital budgeting to estimate the profitability of potential investments.

2291. Bin Card is a?

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Quantitative as well as value wise records of material received, issued and balance
Quantitative record of material received, issued and balance
Value wise records of material received, issued and balance
a record of labour attendance
✅ The correct answer is B.
Bin Card is a quantitative record of material received, issued and balance. A BIN Card is a table that records the status of a good held in stock.

2295. LIC of India is an example of __________.

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department organization of the central government
government company
public corporation
private corporation
✅ The correct answer is C.
LIC of India is an example of public corporation. LIC of India was incorporated on 1st September, 1956 by amalgamating 243 Companies by the Act of Parliament called Insurance Act, 1956.

2297. The main purpose of the guaranteed insurability rider benefit is to give the policyholder the right to

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Cancel a health-based exclusion after a symptom-free period
Include his parents under the policy
Increase cover when a key life event occurs
Maintain cover despite a fall in investment value
✅ The correct answer is C.
The main purpose of the guaranteed insurability rider benefit is to give the policyholder the right to Increase cover when a key life event occurs. A guaranteed insurability rider, also called a GI rider, is a life insurance rider which allows the owner of a life insurance policy to buy additional life insurance with no underwriting. A rider is an additional benefit to a life insurance policy beyond the death benefit.