1. Following are the subtleties of money inflows and surges in unfamiliar cash categories of

MNP Co. a U.S. send out firm, which have no unfamiliar auxiliaries:

Cash Inflow Outflow Spot rate Forward rate

US $ 4,00,00,000 2,00,00,000 89.01 48.82

French Franc (FFr) 2,00,00,000 80,00,000 7.445 8.02

U.K. 3,00,00,000 2,00,00,000 75.57 75.98

Japanese Yen 1,50,00,000 2,50,00,000 3.20 2.780

(I) Determine the net openness of each unfamiliar cash as far as Rupees.

(ii) Are any of the openness positions balancing somewhat?

2. A yearly installment which a back up plan certifications to pay for single amount cash got in the starting is called ... .

A. Premium B. Annuity C. Guarantee D. Strategy

3. 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

4. . ... ..is an understanding between two insurance agencies whereby one exchanges a section of hazard to other.

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

5. Income Account is additionally called ... .

A. Investors' Account B. Policyholders' Account

C. Lenders' Account D. None of these

6. Valuation accounting report is set up by ... business.

A. Fire Insurance B. Marine Insurance C. Life coverage D. These

7. The commission acquired by insurance agencies from others for giving them business under reinsurance is called ...

A. Commission on reinsurance acknowledged B. Specialists' bonus

C. Commission on reinsurance surrendered D. None of these

8. The commission given by insurance agencies to others for accepting business under reinsurance is called ...

A. Commission on reinsurance acknowledged B. Specialists' bonus

C. Commission on reinsurance surrendered D. None of these

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

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

10. The standard of subrogation is material to... ...

A. Fire Insurance B. Marine Insurance C. Theft Insurance D. These