Administrator

2560. Uncontrollable costs are the costs which be influenced by the action of a specified member of an undertaking.

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can not
can
may or may not
must
✅ The correct answer is A.
Uncontrollable costs are the costs which can not be influenced by the action of a specified member of an undertaking. For example: a foreman incharge of a tool room can only control costs pertaining to the same department and the matters which come directly under his control, not the costs apportioned to other department. The expenditure which is controllable by an individual may be uncontrollable by another individual.

2562. A standalone health insurance company is

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A health insurance company which has only one office throughout the country
A life insurance company selling general insurance products like health insurance
A general insurance company which sells only health products
All of the above
✅ The correct answer is C.
A standalone health insurance company is a general insurance company which sells only health products. Stand-alone insurance refers to an insurance product that a business or individual purchases to cover a specific risk or cost.

2545. __________ is backbone of all E‐payments in E‐commerce.

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EFT
EPS
PayPal
None of these
✅ The correct answer is B.
EPS is backbone of all E‐payments in E‐commerce. An e-payment system is a way of making transactions or paying for goods and services through an electronic medium, without the use of checks or cash. It’s also called an electronic payment system or online payment system.

241. The persons who sign Articles and Memorandum of the company and contribute in the initial share capital of the company are called

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Subscribers
Shareholders
Managers
Directors
✅ The correct answer is A.
The persons who sign Articles and Memorandum of the company and contribute in the initial share capital of the company are called Subscribers. They are called subscribers because, as part of the company formation.

242. Reserve capital means

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Part of subscribed uncalled capital
Accumulated profit
Part of Capital Reserve
Part of Capital Redemption Reserve
✅ The correct answer is A.
Reserve capital means Part of subscribed uncalled capital. Reserve Capital is defined as a part of subscribed uncalled capital, which will not be called up until and unless the company goes into liquidation.

2534. According to Black Scholes model, short term seller receives today price which

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short term cash proceeds
proceeds in cheques
full cash proceeds
zero proceeds
✅ The correct answer is C.
According to Black Scholes model, short term seller receives today price which full cash proceeds. Proceeds are the cash received from the sale of goods or services and can be discussed as gross or net.