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1209. An excess of actual price of option over an exercise value of option is classified as

time value options
actual options
estimated options
optional pricing
✅ The correct answer is A.
An excess of actual price of option over an exercise value of option is classified as time value options. In options trading, time value refers to the portion of an option’s premium that is attributable to the amount of time remaining until the expiration of the option contract.

1211. An outstanding bonds are also classified as

standing bonds
outdated bonds
dated bonds
seasoned bonds
✅ The correct answer is D.
An outstanding bonds are also classified as seasoned bonds. A seasoned issue is an issue of additional securities from an established company whose securities already trade in the secondary market. A seasoned issue is also known as a “seasoned equity offering” or “follow-on offering.”

1215. For inferior commodities, income effect is

Zero
Negative
Infinite
Positive
✅ The correct answer is B.
For inferior commodities, income effect is Negative. When price of an inferior good falls, its negative income effect will tend to reduce the quantity purchased, while the substitution effect will tend to increase the quantity purchased.

1192. Capital gains yield is multiplied for beginning price to calculate

capital gain
growth gain
regular yield
variable yield
✅ The correct answer is A.
Capital gains yield is multiplied for beginning price to calculate capital gain. Capital gain is a rise in the value of a capital asset (investment or real estate) that gives it a higher worth than the purchase price. The gain is not realized until the asset is sold.

1194. Unit Linked policy scores over Traditional plan with respect to

Transparent charges structure
Value of the units related to an index of performance
Both premium and sum insured (as a multiple of annual premium) decided by the insured
All of the above
✅ The correct answer is D.
Unit Linked policy scores over traditional plan with respect to Transparent charges structure, value of the units related to an index of performance and both premium and sum insured (as a multiple of annual premium) decided by the insured.
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