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1185. _________is an instrument which reproduces sound at a distance by means of electricity.

Typewriter

Telephone

FAX

Photocopier

✅ The correct answer is B.
Telephone is an instrument which reproduces sound at a distance by means of electricity. There are three types of telephone connections like direct exchange line, private branch exchange and intercom. Intercom system of communication has become very popular in our country.

1186. Shares issued to the existing share holders on a pre-emptive basis is __________.

bonus shares

right issue

new issue

secondary market

✅ The correct answer is B.
Shares issued to the existing share holders on a pre-emptive basis is right issue. The pre-emptive right is also called subscription right or subscription privilege.

1187. The dividend-payout ratio is equal to __________.

the dividend yield plus the capital gains yield

dividends per share divided by earnings per share

dividends per share divided by par value per share

dividends per share divided by current price per share.

✅ The correct answer is B.
The dividend-payout ratio is equal to dividends per share divided by earnings per share.

1188. Savings is a composite of which of the following decisions?

Postponement of consumption

Parting with liquidity

Both A & B

None of the three

✅ The correct answer is C.
Savings is a composite of postponement of consumption and parting with liquidity.

1189. If flexible budget amount is $62000 and an actual result is $35000, then flexible budget amount would be

$27,000

$37,000

$97,000

$87,000

✅ The correct answer is A.
Flexible budget = Flexible budget amount – Actual result
= $62000 – $35000 = $27,000

1190. When cash is received from contractee which a/c should be credited.

Cash a/c

Contract a/c

Contractor a/c

Contractee a/c

✅ The correct answer is D.
When cash is received from contractee Contractee a/c should be credited.

1191. Which of the following actions showcases the principle of “uberrima fides”?

Lying about known medical conditions on an insurance proposal form

Not revealing known material facts on an insurance proposal form

Disclosing known material facts at the time of taking the policy

Paying premium on time

✅ The correct answer is C.
Uberrima fides is a Latin phrase, meaning “utmost good faith”. This means that all the parties to an insurance contract must deal in good faith, making a full declaration of all the material facts in the insurance proposal.

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.

1196. What is a program, when installed on a computer, records every keystroke and mouse click?

Key logger software

Hardware key logger

Adware

✅ The correct answer is A.
Key logger software is a program, when installed on a computer, records every keystroke and mouse click. A keylogger can be either a piece of software or a small hardware device that is used to capture the keystrokes that are typed on the keyboard.

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