art mcqs

Identify the correct statement.

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A) Closing a sale is the art of persuading the prospect to buy now based on the recommendation of the agent
B) Offering alternatives as to mode of payments will quicken the closing
C) Undue pressure tactics on the prospect are to be always avoided in a close of sales interview
D) All of the above
✅ ANSWER: D
All the statements are correct.
Closing a sale is the art of persuading the prospect to buy now based on the recommendation of the agent, Offering alternatives as to mode of payments will quicken the closing and Undue pressure tactics on the prospect are to be always avoided in a close of sales interview.

Which of the following statements is incorrect in case of a non-medical case?

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A) In a non-medical case, risk cannot be assessed in the absence of medical report
B) Risk assessment is possible in a non-medical proposal
C) More than 90% of people who submit proposals on their lives are accepted at ordinary rates
D) In preferred lives, the level of anticipated mortality is likely to be lower than even standard lives
✅ ANSWER: A
In a non-medical case, risk can be assessed in the absence of a medical report. No medical report is required in a non-medical case.

Which one of the following is true about Planning Commission?

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A) It is a Ministry
B) It is a Government Department
C) It is an Advisory Body
D) It is an Autonomous Corporation
✅ ANSWER: C
Planning Commission is an Advisory Body. The Planning Commission is a non-constitutional and non-statutory body and is responsible to formulate five years plan for social and economic development in India.

Which portal business model best describes Yahoo?

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A) general purpose portal
B) affinity group based vertical market
C) focused content based vertical market
D) none of the above
✅ ANSWER: A
General purpose portal business model best describes Yahoo. Yahoo! is an Internet portal that incorporates a search engine and a directory of World Wide Web sites organized in a hierarchy of topic categories.

An attempt to make correction by adjusting historical beta to make it closer to an average beta is classified as

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A) adjusted stock
B) adjusted beta
C) adjusted coefficient
D) adjusted risk
✅ ANSWER: B
An attempt to make correction by adjusting historical beta to make it closer to an average beta is classified as adjusted beta. The Adjusted Beta is an estimate of a security’s future Beta.