Question
I.The notes to records of Sammy Ltd. for the year finished 31st March incorporates the accompanying premium on connect advance from bank and monetary organizations
I.The notes to records of Sammy Ltd. for the year finished 31st March incorporates the accompanying "premium on connect advance from bank and monetary organizations and on debentures explicitly acquired for the organization's compost project adding up to $1,80,80,000 has been promoted during the year, which incorporates roughly $.1,70,33,465 promoted in regard of the usage of credit and debentures cash for the said reason". Is the treatment right? Momentarily remark
II.Which of the accompanying agreement isn't lawfully enforceable?
A.Contract of protection
B.Wagering contract
C.Contract of offer of products
D.Contract of business
III.Which of the statments are valid?
A.Loss counteraction and misfortune decrease mean various things
B.Risk might be transfered by contract
C.Both the assertions
D.Neither is right
IV.If the most incomprehensible occasion is allocated an estimation of nothing, at that point most unavoidable occasion is alloted a worth
A.one
B.Between Zero and one
C.Between Zero to 10
D.Between 10 to 10
V.Contractual hazard moves go under
A.Cost of misfortune financing
B.Cost of inward danger decrease
C.Cost of control of misfortune
D.Cost of lingering vulnerability
VI.The hazard the executives strategies are
A.Insurance
B.Hedging
C.Derivatives
D.All of the abovementioned
VII.The protection assumes a part in the monetary advancement of the country followingly:
A.Releases capital for new speculation
B.The work likely increments
C.Money gathered is put resources into framework
D.All of the abovementioned
VIII.Which of the accompanying kinds of dangers best meets the necessities for being insurable by private back up plans?
A.market chances
B.property hazards
C.financial chances
D.political hazards
IX.Risk and Premium are fixed based on
A.strategic Methods
B.Survey Methods
C.Scientific Methods
D.Probability Methods
X.Medical Expenses Risk Comes under?
A.Business Risk
B.Price Risk
C.Credit Risk
D.Personal Risk
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started