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2435. The labour force participation rate is the

Proportion of population that is working

Proportion of population working or looking for work

Proportion of skilled workers population

Proportion of female workers to male workers

✅ The correct answer is C.
The labour force participation rate is the proportion of skilled workers population. It refers to the number of people who are either employed or are actively looking for work.

2436. In incremental cost allocation method, cost object user who is ranked second in ranking order is known as

First incremental user

primary user

secondary user

second incremental user

✅ The correct answer is A.
In incremental cost allocation method, cost object user who is ranked second in ranking order is known as First incremental user.

2437. With regard to domiciliary hospitalization which is incorrect?

The limit for the same is fixed as a %age of total sum insured

All chronic diseases are covered without any exclusion

Both A & B

None of the above correct

✅ The correct answer is B.
All chronic diseases are not covered there are some exclusion.

232. Loss leads to reduction in

Capital

Income

Liabilities

None of the above

✅ The correct answer is A.
Loss leads to reduction in Capital. The reduction of capital is done by companies for numerous reasons, including increasing shareholder value and producing a more efficient capital structure.

2439. Claim against assets are represented by

saved earning

retained earnings

maintained earnings

saving account earning

✅ The correct answer is B.
Claim against assets are represented by retained earnings. Retained earnings are the profits that a company has earned to date, less any dividends or other distributions paid to investors. This amount is adjusted whenever there is an entry to the accounting records that impacts a revenue or expense account.

2441. Which of the following is a producer good?

Pen

Cycle

Mobile phone

Hammer

✅ The correct answer is D.
Hammer is a producer good. A hammer is a durable rival good.

2443. At the point of inflexion, the marginal product is

Increasing

Decreasing

Maximum

Negative

✅ The correct answer is C.
At the point of inflexion, the marginal product is maximum. Upto the Point of Inflexion TP has been increasing at increasing rate resulting in increasing MP.

2445. Scrap is ________.

residue of material

wastage of material

surplus material

abnormal loss of material

✅ The correct answer is A.
Scrap is residue of material. It is incidental residue from the materials used in manufacturing operations which is recoverable and measurable without processing.

2447. Which one is threat for E‐commerce?

Trojan horse

firewall

encryption

None

✅ The correct answer is A.
Trojan horse is threat for E‐commerce. A Trojan horse or Trojan is a type of malware that is often disguised as legitimate software. Trojans can be employed by cyber-thieves and hackers trying to gain access to users’ systems. Users are typically tricked by some form of social engineering into loading and executing Trojans on their systems.

2419. In case of ULIPs, which of the following statements is correct?

Entire premium is invested in units

Premium less charges are invested

Premium less bonuses are invested in units

Premium less risk charges are invested

✅ The correct answer is B.
In a Ulip, the entire amount paid as premium is not used to purchase units. The insurers deduct certain charges and fees before allotting units. The remaining premium amount is invested in various asset classes such as debt, equity or both (called fund options) depending on policyholder’s choice.

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