1. The norm of subrogation is material to... ...

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

2. Following are the nuances of cash inflows and floods in new money classes of

MNP Co. a U.S. convey firm, which have no new assistants:

Money Inflow Outflow Spot rate Forward rate

US $ 456800 290806 8.78 8.98

French Franc (FFr) 234000 878090 767500 989000

U.K. 333500 2650000 723700

Japanese Yen 1,54,589267500 378560 27890

(I) Determine the net transparency of each new money to the extent Rupees.

(ii) Are any of the transparency positions adjusting fairly?

2. A yearly portion which a back up arrangement confirmations to pay for single sum money got in the beginning is called ... .

A. Premium B. Annuity C. Assurance D. System

3. The aggregate given to the policyholder in view of his feebleness of paying further premium is called ... ..

A. Annuity B. Prize C. Surrender regard D. Assurance

4. . ... ..is a comprehension between two protection organizations whereby one trades a segment of risk to other.

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

5. Pay Account is moreover called ... .

A. Financial backers' Account B. Policyholders' Account

C. Banks' Account D. None of these

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

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

7. The commission obtained by protection organizations from others for giving them business under reinsurance is called ...

A. Commission on reinsurance recognized B. Experts' reward

C. Commission on reinsurance gave up D. None of these

8. The commission given by protection organizations to others for tolerating business under reinsurance is called ...

A. Commission on reinsurance recognized B. Experts' reward

C. Commission on reinsurance gave up D. None of these

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

A. Design APL B. Design BRA C. Construction BPL D. Design BBS