Author name: Administrator

2620. The term TPA refers to _________. (Answer with regards to health insurance)

The Primary Associate
To Provide Assistance
Third Party Administrator
Third Party Assistance
✅ The correct answer is C.
The term TPA refers to Third Party Administrator. Third Party Administration (TPA) is a service given to a Mediclaim policyholder by providing cashless facility for all hospitalizations that come under the scope of his/her Mediclaim policy.

2602. Net worth is also called

asset net of liabilities
liabilities net of assets
earnings net on assets
liabilities net of earnings
✅ The correct answer is A.
Net worth is also called asset net of liabilities. Net worth is the value of all the non-financial and financial assets owned by an institutional unit or sector minus the value of all its outstanding liabilities.

2603. All assets are perfectly divisible and liquid in

tax free pricing model
cost free pricing model
capital asset pricing model
stock pricing model
✅ The correct answer is C.
All assets are perfectly divisible and liquid in capital asset pricing model. The Capital Asset Pricing Model (CAPM) describes the relationship between systematic risk and expected return for assets, particularly stocks. CAPM is widely used throughout finance for pricing risky securities and generating expected returns for assets given the risk of those assets and cost of capital.

2605. Nikhil is looking for tax-efficient savings methods for his disposable income. He is considering an equity-linked savings scheme, national savings certificates and an endowment insurance policy. Premiums for which of these investments are allowed to be deducted from his taxable income?

The national savings certificates only
The equity-linked savings scheme and the national savings certificates only
The national savings certificates and the endowment insurance policy only
The equity-linked savings scheme, the national savings certificates and the endowment insurance policy
✅ The correct answer is D.
Nikhil is looking for tax-efficient savings methods for his disposable income. He is considering an equity-linked savings scheme, national savings certificates and an endowment insurance policy. Premiums for the equity-linked savings scheme, the national savings certificates and the endowment insurance policy investments are allowed to be deducted from his taxable income.

2607. An average return of portfolio divided by its standard deviation is classified as

Jensen’s alpha
Treynor’s variance to volatility ratio
Sharpe’s reward to variability ratio
Treynor’s reward to volatility ratio
✅ The correct answer is C.
An average return of portfolio divided by its standard deviation is classified as Sharpe’s reward to variability ratio. The sharpe ratio definition is the excess return or risk premium of a well diversified portfolio or investment per unit of risk. Measure sharpe ratio using standard deviation. You may also know this ratio as the reward to variability ratio or the reward to volatility ratio.
Scroll to Top