Author name: Administrator

1823. State the incorrect statement.

Code of conduct is optional for a successful agent
Ethical standards may sometimes conflict with drive to do good volume of business
Persistency of policies is beyond the control of agents as well as the insurer
All of the above
✅ The correct answer is D.
All the statements are incorrect.
Code of conduct is compulsory for a successful agent, Ethical standards does not conflict with drive to do good volume of business and Persistency of policies is under the control of agents as well as the insurer.

1824. Coefficient of variation is used to identify an effect of

risk
return
deviation
Both A and B
✅ The correct answer is D.
Coefficient of variation is used to identify an effect of risk and return. The coefficient of variation (CV) is a statistical measure of the dispersion of data points in a data series around the mean. In finance, the coefficient of variation allows investors to determine how much volatility, or risk, is assumed in comparison to the amount of return expected from investments.

1812. Graph which is plotted for projected net present value and capital rates is called

net loss profile
net gain profile
net future value profile
net present value profile
✅ The correct answer is D.
Graph which is plotted for projected net present value and capital rates is called net present value profile. The net present value mainly measures the net increase in the company’s equity by working on a project. It is essentially the difference between the present value of cash flows and the initial investment based on the discount rate.
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