Question
An individual who may become eligible to receive payment
due to will, life insurance policy, retirement plan, annuity, trust, or other contract is known as?Solution
A beneficiary is any person who gains an advantage and/or profits from something. In the financial world, a beneficiary typically refers to someone who is eligible to receive distributions from a trust, will or life insurance policy. Beneficiaries are either named specifically in these documents or have met the stipulations that make them eligible for whatever distribution is specified.
Which of the following statements with reference to ‘Exceptions to Equality’ provided under Article 14 of the Constitution is correct?
Which of the following statements is/are not true in regards to Tamil Ramayan?
1.   ‘Ramayanam’ the Tamil version was made by Kamban
...Making provision for doubtful debts is as per …… conventionÂ
Pipe ‘X’ can fill a tank in 15 hours, while pipe ‘Y’ can fill the same tank in 20 hours. If both pipes are opened simultaneously, how long will ...
Bluetooth technology allows
Which one of the following is the arithmetic mean of √3 - √2 and its reciprocal?
Which of the following Strait is between Persian Gulf and Gulf of Oman?
A started a business with an investment of Rs.35000. After few months B joined him with an investment of Rs.42000. If at the end of the year, they share...
The electric fuse works on the:
Seven people, A, B, C, D, E, F and G, are sitting in a row, facing north. Only five people sit between C and D. B sits third from the right end. G sits ...
