Mutual Fund,Venture Capital,Life Insurance Policies and AIFS MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Mutual Fund,Venture Capital,Life Insurance Policies and AIFS, a fundamental topic in the field of IC 89 Management Accounting. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Mutual Fund,Venture Capital,Life Insurance Policies and AIFS MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Mutual Fund,Venture Capital,Life Insurance Policies and AIFS mcq questions that explore various aspects of Mutual Fund,Venture Capital,Life Insurance Policies and AIFS problems. Each MCQ is crafted to challenge your understanding of Mutual Fund,Venture Capital,Life Insurance Policies and AIFS principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace IC 89 Management Accounting tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Mutual Fund,Venture Capital,Life Insurance Policies and AIFS MCQs are your pathway to success in mastering this essential IC 89 Management Accounting topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Mutual Fund,Venture Capital,Life Insurance Policies and AIFS. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Mutual Fund,Venture Capital,Life Insurance Policies and AIFS knowledge to the test? Let's get started with our carefully curated MCQs!

Mutual Fund,Venture Capital,Life Insurance Policies and AIFS MCQs | Page 14 of 18

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Discuss
Answer: (b).Unit Linked Insurance Plan Explanation:ULIP is a genetic term used to describe insurance plans, where the choice for financial asset lies with the investors, and it stands for Unit Linked Insurance Plan.
Discuss
Answer: (c).ULIPs have a structure similar to that of a mutual fund. Explanation:The structure of ULIP is similar to that of a mutual fund.
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Answer: (c).Various combinations of debt and equity funds Explanation:Investors may choose an investment option from a wide range of funds or options ranging from pure debt funds to various combinations of debt and equity funds.
Q134.
What does NAV stand for in the context of ULIPs?
Discuss
Answer: (a).Net Asset Value Explanation:The gains in the value of ULIP assets are reflected in the Net Asset Value (NAV) of the units.
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Answer: (d).Premium is allocated to any of the funds, including Equity, Income, or Balanced Funds. Explanation:ULIP premium is allocated to any of the funds, including Equity, Income, or Balanced Funds, depending on the choices of customers.
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Answer: (b).Insurance Regulatory and Development Authority Explanation:IRDA stands for Insurance Regulatory and Development Authority.
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Answer: (c).The life insurance sector is booming, showing a 15% growth. Explanation:The total first-year premium collected by the life insurance sector has shown a 15% growth for the period from February 2009 to January 2010.
Q138.
What trend is observed regarding the life cover sum assured per policy?
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Answer: (c).It has been extremely reduced. Explanation:The life cover sum assured per policy has been extremely reduced.
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Answer: (c).People have reduced the purchase of life cover but are buying more ULIPs. Explanation:People have reduced the purchase of life cover but are buying more and more ULIPs.
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Answer: (a).ULIPs have a higher exposure to the stock market. Explanation:ULIPs give moderate exposure to the stock market, while Mutual Fund Investments have high exposure in the stock market.