Section A (1 Mark)
Current ratio is

Section A (1 Mark)
As per ARTICLE 12 in DTTA with US , the maximum tax rate on the gross amount of the royalties or fees for included services in the Article is:

Section B (2 Mark)
There are three stocks, A, B, and C. You can either invest in these stocks or short sell them. There are three possible states of nature for economic growth in the upcoming year; economic growth may be strong, moderate, or weak. The returns for the upcoming year on stocks A, B, and C for each of these states of nature are given below:

If you invested in an equally weighted portfolio of stocks A and B, your portfolio return would be
___________ if economic growth were moderate.

Section B (2 Mark)
If the currency of your country is appreciating, the result should be to ______ exports and to _______ imports.

Section A (1 Mark)
The premium on all other riders put together should not exceed _____ of the premium on the base policy