Free Access AAFM.GLO_CWM_LVL_1.v2021-10-25.q359 Practice Test (Page 63)

Question 306

Calculate Pure Premium, if Risk premium is Rs. 5,000 and Rate of interest is 7 %?

A.Rs. 4672

B.Rs. 4600

C.Rs. 4645

D.Rs. 4800

Question 307

What is the minimum number of persons who must subscribe to the memorandum of association?

A.2 in case of public co and 7 in case of private.

B.2 in case of private co and 7 in case of public ltd.

C.1 in case of both private and public ltd.

D.7 in case of both public ltd and in case of private.

Question 308

EDLI is applicable to all establishments which

A.Co-operative society employing more than 50 persons without the aid of power

B.All of the above

C.Employ 20 or more person and are engaged in 180 specified industries

D.Want to come under voluntarily

Question 309

Which assets are totally except from wealth tax?

A.(i), (ii), (iii)

B.(ii), (iii) (v)

C.(i), (ii), (iii), (iv), (v)

D.(iv), (v)

Question 310

If a preferred stock pays an annual Rs. 4.50 dividend, what should be the price of the stock if comparable yields are 10 percent? What would be the loss if yields rose to 12 percent?

A.Rs. 45/- loss Rs. 7.50

B.Rs. 450/- loss Rs. 75

C.Rs. 450/- loss Rs. 6.25

D.Rs. 45/- loss Rs. 4.50

Other Version: 6621AAFM.GLO_CWM_LVL_1.v2022-03-02.q349; 88AAFM.Pass4surecert.GLO_CWM_LVL_1.v2021-11-04.by.vic.160q.pdf

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Question 306

Question 307

Question 308

Question 309

Question 310

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