Insurance Questions Daily-29

Q-11- Physical risk causing ________ harm or damage.

  1. direct
  2. indirect
  3. probable
  4. expected

Option-1 Q-11- Physical risk causing direct harm or damage.

Q-12- Financial management is an important managerial function conerned with planning and _________ financial resources of an enterprise with a view to maximise returns.

  1. execution
  2. modifying
  3. controlling
  4. monitoring

Option-3 Q-12- Financial management is an important managerial function conerned with planning and controlling financial resources of an enterprise with a view to maximise returns.

Q-13- Equity shares are best source of funding from ________ point of view.

  1. risk
  2. lenders
  3. investors
  4. management

Option-1 Equity shares are best source of funding from risk point of view.

Q-14- From below all are functions of Financial Mangement EXCEPT

  1. Funds acquision
  2. Funds allocation
  3. Raising of capital
  4. Premium collection

Option-4 From below all are functions of Financial Mangement EXCEPT Premium collection.

Q-15- Equity shares are the best source of funding not from ________ point of view, EXCEPT

  1. Risk
  2. Cost
  3. Control
  4. Management

Option-4 Management

Q-16- Debentures preferred because of ___________

  1. easily availability
  2. fixed rate of interest
  3. having more liquidity
  4. investors preffered option

Option-2 Debentures preferred because of having fixed rate of interest.

Q-17- Interest of Debentures is an __________ expenditure for computation of taxable income.

  1. tax saving
  2. admissible
  3. non admissible
  4. partly admissible

Option-2 Interest of Debentures is an admissible expenditure for computation of taxable income.

Q-18- In Financial management procurement of funds consider all aspects EXCEPT

  1. cost of capital
  2. sources of funds
  3. terms and conditions of repayment
  4. information reporting to management

Option-4 Information reporting to management is one of the function of Management accounting.

Q-19- Financial management deals with procurement of funds and effective utilization of same in the organization. Here Funds refer to

  1. long term resources
  2. Short term resources
  3. medium term resources
  4. both 1 & 2 above

Option-4 funds refer to both short-term and long-term resources.

Q-20- Under function of Financial management includes managing of all fundamantal aspects of managing, refer as

  1. PODSCORB
  2. POSDCORB
  3. POBSCORD
  4. PODCSORB

Option-2 Planning, Organising, Staffing, Directing, Co-ordinating and Budgeting(POSDCORB).

These Insurance GK questions are based on Bancassuarnace products, insurance current affairs and in form of Insurance quiz and answers.

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