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Home Interview Accounting and Finance Comments

  • Question
  • The primary purpose of life insurance is to provide


  • Options
  • A. Safe investment avenue
  • B. financial protection to surviving dependents after the death of an insured
  • C. Tax rebates
  • D. Wealth accumulation

  • Correct Answer
  • financial protection to surviving dependents after the death of an insured 

    Explanation

    The primary purpose of life insurance is to provide financial protection to surviving dependents after the death of an insured.

  • Tags: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO

    Accounting and Finance problems


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    • 1. Which tax is paid to a third party?

    • Options
    • A. Indirect
    • B. Income
    • C. Flat
    • D. Direct
    • Discuss
    • 2. Standard deviation measures which type of risk?

    • Options
    • A. Non diversifiable
    • B. Economic
    • C. Systematic
    • D. Total
    • Discuss
    • 3. What do you understand by Intercompany Settlement ?
    • Discuss
    • 4. What is pro forma ?
    • Discuss
    • 5. What is PO invoice ?
    • Discuss
    • 6. Describe account receivable?
    • Discuss
    • 7. What are the components or materials used by Accounts receivable departments?
    • Discuss
    • 8. Explain What is the difference between debenture holders and creditors?
    • Discuss
    • 9. What is reconciliation?
    • Discuss
    • 10. What do you mean by Credit Management under AR in Professional field?
    • Discuss


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