1. A convertible security with an assumed worth of 'm$ 1,780 is given at $1,987 with a coupon pace of

20.58%. The transformation rate is 14 offers for each security. The current market cost of security and

share is $1,675 and $70 separately. What is the premium over transformation esteem?

2. The sum given to the policyholder because of his powerlessness of paying further premium is called ... ..

A. Annuity B. Reward C. Give up esteem D. Guarantee

3. ... .is an arrangement between two insurance agencies whereby one moves a piece of hazard to other.

A. Reinsurance B. Sub protection C. Shared Policy D. None of these

4. The commission given by insurance agencies to others for getting business under reinsurance is called ...

A. Commission on reinsurance acknowledged B. Specialists' bonus

C. Commission on reinsurance surrendered D. None of these

5. Benefit and Loss Account of General Insurance Companies are set up in ...

A. Structure APL B. Structure BRA C. Structure BPL D. Structure BBS

6. Area ... .. of the Companies Act manages issue of extra offers

A. 63 B. 73 C. 68 D. 70

7. At the point when 4,000 value portions of Rs.10 each is repurchased at Rs.20 per share, the add up to be moved to Capital Redemption Reserve is

A. 80,000 B. 40,000 C. 4,000 D. none

8. An agreement that confirms a leftover interest in the resources of an endeavor subsequent to deducting every one of its liabilities is called

A. respective agreement B. value instrument

C. standard instrument D. none

9. Extra offers can be given distinctly on getting endorsement of

A. articles of the organization B. directorate C. investors D. all the abovementioned

10. Unstable debentures are also called... ... . Debentures

A. straightforward B. contract C. complex D. none