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2413. Markets which deals with high liquid and short term debt securities are classified as

capital markets

money markets

liquid markets

short-term markets

✅ The correct answer is B.
Markets which deals with high liquid and short term debt securities are classified as money markets. The money market is the trade in short-term debt investments.

2414. The economic analysis expects the consumer to behave in a manner which is

Rational

Irrational

Emotional

Indifferent

✅ The correct answer is A.
The economic analysis expects the consumer to behave in a manner which is Rational. The assumption of rational behavior implies that people would rather be better off than worse off. Most conventional economic theories are based on the assumption that all individuals taking part in an action or activity are behaving rationally.

230. General office expenses are charged to which of the following head?

Administrative expenses

Marketing expenses

Selling expenses

Financial expenses

✅ The correct answer is A.
General office expenses are charged to Administrative expenses head because we know that all types of official expenses are known as administrative expense.

2416. An expected dividend yield is subtracted from an expected rate of return which is used to calculate

specialized growth rate

capital gains yield

casual growth yield

past growth rate

✅ The correct answer is B.
An expected dividend yield is subtracted from an expected rate of return which is used to calculate capital gains yield. Capital gains yield is the percentage price appreciation on an investment.

2417. Land only

Is a free gift of nature

Lacks geographical mobility

Is not hirable

a’ and ‘b’ both

✅ The correct answer is D.
Land only Is a free gift of nature and it lacks geographical mobility.

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.

2421. Profit to be transferred to profit and loss a/c, if the contract is complete to the extent of only 20% is ________.

nil

20%

25%

75%

✅ The correct answer is A.
Profit to be transferred to profit and loss a/c, if the contract is complete to the extent of only 20% is nil.

2423. Value of normal loss is charged to ________.

other good product

trading a/c

profit and loss a/c

costing profit and loss a/c

✅ The correct answer is A.
Value of normal loss is charged to other good product. The value of normal loss is assessed on the basis of the production cost with which the profit and loss account is charged.

2397. An inventory recording in balance sheet includes

First in first out

Last in first out

last in last out

Both A and B

✅ The correct answer is D.
An inventory recording in balance sheet includes First in first out and Last in first out.

2399. Which is a fixed amount for a covered service in the health sector?

Coinsurance

Deductible

Copay

Health Insurance

✅ The correct answer is C.
A copayment or copay is a fixed amount for a covered service, paid by a patient to the insurance company before patient receives service from physician.

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