Author name: Administrator

2285. National Insurance Academy is located in which city?

Pune
Ajmer
Gurgaon
Panaji
✅ The correct answer is A.
The National Insurance Academy is situated in Pune, India. Founded in 1980 by the Finance Department of the Indian government with capital patronage from LIC and public sector general insurance industry.

2287. Fixed cost is a cost:

Which changes in total in proportion to changes in output
which is partly fixed and partly variable in relation to output
Which do not change in total during a given period despite changes in output
which remains same for each unit of output
✅ The correct answer is C.
Fixed cost is a cost which do not change in total during a given period despite changes in output. A fixed cost is a cost that does not change with an increase or decrease in the amount of goods or services produced or sold. Fixed costs are expenses that have to be paid by a company, independent of any specific business activities.

2289. The first stock exchange in the world is _________.

Mumbai stock exchange
American stock exchange
London stock exchange
France stock exchange
✅ The correct answer is C.
The first stock exchange in the world is London stock exchange. London Stock Exchange is one of the world’s oldest stock exchanges and can trace its history back to 1571. London Stock Exchange Group was created in October 2007 when London Stock Exchange merged with Milan Stock Exchange, Borsa Italiana.

2273. Merrill Lynch, Morgan Stanley and Credit Suisse Group plan for raising capital is classified as

investment banking houses
exchange houses
transfer houses
foreign exchange houses
✅ The correct answer is A.
Merrill Lynch, Morgan Stanley and Credit Suisse Group plan for raising capital is classified as investment banking houses. Investment banking is a special segment of banking operation that helps individuals or organisations raise capital and provide financial consultancy services to them.

2274. Insurance benefits replace

All physical losses, in full
All physical losses, partly
All monetary losses, in full
The monetary losses, but only to some extent
✅ The correct answer is D.
Insurance benefits replace the monetary losses, but only to some extent.

2277. Idle time is ________.

time spent by workers in factory
time spent by workers in office
time spent by workers off their work
time spent by workers on their job
✅ The correct answer is C.
Idle time is time spent by workers off their work. Idle time is unproductive time on the part of employees or machines caused by management or as a result of factors beyond their control. Idle time is the time associated with waiting, or when a piece of machinery is not being used but could be.
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