Question
A job that does not carry any
salary. In the following questions,select the word which can aptly substitute the given sentence.Solution
Honorary - holding a title or position that is conferred just for giving honour. Memorandum - a short note designating something to be remembered, especially something to be done or acted upon in the future. Memento - something that you keep to remind you of a particular person , place , or experience.
How is the commission on reinsurance accepted typically accounted for by the reinsurer?
………… of CGST Act, 2017 lists down the activities which shall be treated neither as supply of goods nor as supply of services.
...Indian Insurance Co. Ltd. on 31.12.20X1 had reserve for unexpired risk of 20 crores in respect of fire insurance business. During 20X2, the premium col...
All shares in respect of which dividend has not been paid or claimed for seven consecutive years or more shall be transferred by the company to ______
What is the net present value of the project with a 3-year life and a cost of ₹2,00,000 that generates revenues of ₹50,000 in year 1; ₹1,00,000 in...
GOODS DESTROYED IN FIRE . THE JOURNAL ENTRY WILL BE
A. PURCHASE DR.
TO LOSS ON FIRE A/C
B. LOSS IN FIRE A/C D...
IRR is the rate at which:
Which risk disclosures are mandatorily required for financial instruments?
In a Life Insurance company, Premium earned during the year is ₹50 crore, Claims incurred ₹20 crore, Commission ₹5 crore, Operating Expenses ₹4 ...
Which transaction results in flow of funds?
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