2306. If payout ratio is 0.45 then retention ratio will be
0.55
1.45
1.82
0.45
✅ The correct answer is A.
2307. The Tourist can claim Refund of following taxes paid
CGST and SGST/UTGST on supply of Goods and services
IGST on supply of goods consumed in Jammu & Kashmir
Tax paid on the supply of scotch to be taken out of India
None of the above
✅ The correct answer is D.
2308. A line which shows relationship between an expected return and risk on efficient portfolio is considered as
efficient market line
attributable market line
capital market line
security market line
✅ The correct answer is C.
A line which shows relationship between an expected return and risk on efficient portfolio is considered as capital market line. Capital market line (CML) is a graph that reflects the expected return of a portfolio consisting of all possible proportions between the market portfolio and a risk-free asset.
A line which shows relationship between an expected return and risk on efficient portfolio is considered as capital market line. Capital market line (CML) is a graph that reflects the expected return of a portfolio consisting of all possible proportions between the market portfolio and a risk-free asset.
2292. _________ firm enjoys lowest average cost of production.
Representative
Optimum
Small-scale
Equilibrium
✅ The correct answer is B.
Optimum firm enjoys lowest average cost of production.
Optimum firm enjoys lowest average cost of production.
2293. What does inter-temporal allocation of resources refer to?
Postponing allocation of resources until the time is right
Allocation of resources over time
Temporary allocation of resources
Diversification of resource allocation
✅ The correct answer is B.
Inter-temporal allocation of resources refer to Allocation of resources over time. One of the principal purposes of saving and investing is to achieve inter-temporal allocation of resources, which is both efficient and effective. Effective allocation implies that sufficient funds are available to satisfy successfully the various needs as they arise in different stages of the life cycle.
Inter-temporal allocation of resources refer to Allocation of resources over time. One of the principal purposes of saving and investing is to achieve inter-temporal allocation of resources, which is both efficient and effective. Effective allocation implies that sufficient funds are available to satisfy successfully the various needs as they arise in different stages of the life cycle.
2294. The summarized balance sheet of Autolight Limited shows the balances of previous and current year of retained earnings Rs 25,000 and Rs 35,000. If dividend paid during the current year amounted to Rs 5,000 then profit earned during the year will be:
Rs 5,000
Rs 55,000
Rs 15,000
Rs 65,000
✅ The correct answer is C.
Profit earned during the year
= 5000 + 35000 – 25000
= Rs. 15000.
Profit earned during the year
= 5000 + 35000 – 25000
= Rs. 15000.
2295. LIC of India is an example of __________.
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.
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
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.
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.
2299. Which of the following is not a part of India’s Money Market?
Banks
Bill Markets
Call Money Market
Indian Gold Council
✅ The correct answer is D.
Indian Gold Council is not a part of India’s Money Market. The Money market in India is the money market for short-term and long-term funds with maturity ranging from overnight to one year in India including financial instruments that are deemed to be close substitutes of money.
Indian Gold Council is not a part of India’s Money Market. The Money market in India is the money market for short-term and long-term funds with maturity ranging from overnight to one year in India including financial instruments that are deemed to be close substitutes of money.
218. Which of the following is TRUE about the treatment of insurance premium paid in advance
Current asset
Current liability
Short term liability
Fixed asset
✅ The correct answer is A.
Current asset is TRUE about the treatment of insurance premium paid in advance. Current assets represent all the assets of a company that are expected to be conveniently sold, consumed, utilized or exhausted through the standard business operations, which can lead to their conversion to a cash value over the next one year period.
Current asset is TRUE about the treatment of insurance premium paid in advance. Current assets represent all the assets of a company that are expected to be conveniently sold, consumed, utilized or exhausted through the standard business operations, which can lead to their conversion to a cash value over the next one year period.