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 country has India’s Ministry of MSME signed an MoU with to promote cooperation on SMEs?
Which need is categorized at the highest level of need as per the hierarchy given in this theory?
Given the following information, what is the total of indirect expenses?
Which of the following HRD principle focusses on development of human resources, development of organizational health, improvement of problem-solving ca...
Depreciation is charged on which among the following?
Vanijya Ltd cost department stated that the standard direct material cost for it is ₹10 0 per unit. The a ctual cost incurred , however, was ₹12 0 p...
Akash Ltd wants to know its ability to meet its short-term obligations towards the various stakeholders. Which category of the following ratios can help...
From a machine that cost Rs.50,000 and has residual value of zero the following costs and revenues are expected to be derived over its life of 4 years:<...
Which of the following ratios can help compare the operational efficiency of different entities?
The purchase of bonds and shares of Indian companies by Foreign Institutional investors is known as___
