No society shall be dissolved unless …………………of the member shall have expressed a will for dissolution by their other

A. One fifth

B. Two fifth

C. Three fifth

D. All the members

The principle of _____________ ensures that an insured does not profit by insuring with multiple insurers

A. Subrogation

B. Contribution

C. Co-insurance

D. Indemnity

Which of the following can be a scheduled bank?

A. Public Sector Banks

B. Private Sector Banks

C. Co-operative Banks

D. All of the above

"Between the four items - Deposits; Borrowings; Reserves & Surplus; and Capital, which would appear last in the balance sheet of a bank?"

A. Borrowings

B. Deposits

C. Reserves & Surplus

D. Capital

Wills which are not valid in India except in case of privileged wills or in case of Mahomadans are called as:

A. Mutual wills

B. Concurrent wills

C. Nuncupative wills

D. Holograph wills

Risk that can be eliminated through diversification is called ______ risk.

A. Unique

B. Firm-specific

C. Diversifiable

D. All of the above

Mixed economy refers to.....

A. Where both the public and private sector play a dominant role in the running of the country’s economy.

B. Where economic decision and inputs are made by the free trading market

C. Where economic decisions and inputs are made by the government through economic planning .

D. All of the above

X’s stock declined by the same percentage as the NIFTY on Mad Monday in October 2008. X was the victim of what type of risk?

A. Financial Risk

B. Market Risk

C. Interest Risk

D. Business Risk

Saurabh Gulati was thinking of acquiring some shares of AB ltd. The expected rate of return is as follows:

Compute the expected return on the investment?

A. 9.10%

B. 8.90%

C. 8.70%

D. 9.30%

For a “single income family” priority is on

A. Protecting income via a term plan

B. Investing in commodities to grow wealth

C. Investing in Mutual Funds to grow wealth

D. None of the above

NSSO stands for ____________

A. National Security Space Office

B. National Shared Services Organization

C. National Sample Survey Organization

D. None of the above

Liability of a member in case of a private company is

A. Limited

B. Unlimited

C. Both (a) or (b)

D. None of the above