Description : ICDS-3 is applicable for a) Construction contract b) Foreign currency c) Inventory d) Revenue Recognition
Last Answer : a) Construction contract
Description : What is Errors and omissions insurance When is it not applicable?
Last Answer : Errors and omissions insurance is for professional people such as doctors and lawyers. If you are not a professional then you do not have to purchase E&O insurance.
Description : Mark the incorrect option relating to Children Policy a) The minimum limit for insurance under this scheme shall be Rs2000/- b) Agency commission not available in this scheme c) No loan shall be applicable to children policies.
Last Answer : c) No loan shall be applicable to children policies.
Description : Life insurance is a contract of which one of the following ? (A) Indemnity (B) Guarantee (C) Contribution (D) Subrogation
Last Answer : Answer: Guarantee
Description : In ‘Life Insurance Contract’ the insurable interest is examined at the time of– (A) Entering the contract (B) Filing the claim (C) Both (A) and (B) (D) Never
Last Answer : Answer: Entering the contract
Description : can i be sued for not letting a contractor do the job after a insurance settlement. there is no signed contract, but he said because he came out when the adjusters made their final evaluations of my home, but there was also another contractor present also?
Last Answer : If you filed an insurance claim on the claim that you would use the money to make repairs and then don't do the repairs, this could be considered fraud. If that was important to the insurance company, they would not have issued the check in your name only.
Description : A financial contract that derives its value from another asset or an index of asset values is known as __________ A. Insurance Policy B. Security C. Derivative D. Share E. None of the above
Last Answer : C. Derivative Explanation: In finance, a derivative is a contract that derives its value from the performance of an underlying entity.
Description : The National Agricultural Insurance Scheme in its first two years of operation envisaged to cover...... (A) all crops-grown by small and marginal farmers only (B) all crops-cultivated with ... of farmers (D) only horticultural crops (E) only seven commercial crops-grown under contract farming system
Last Answer : (B) all crops-cultivated with the help of crop loans only irrespective of the size of holding of the borrowers
Description : A preferred provider organization is described as a a) Business arrangement between hospitals and physicians. PPO's usually contract to provide health care to subscribers, usually businesses, for a ... savings account program is an incentive program to consumers, not a health care delivery system.
Last Answer : a) Business arrangement between hospitals and physicians. PPO’s usually contract to provide health care to subscribers, usually businesses, for a negotiated fee that often is discounted.
Description : How can you say something is applicable to daily life?
Last Answer : You can’t always. The only defense is that it never hurts to have extra knowledge.