An annual payment which an insurer guarantees to pay for lump sum money received in the beginning is called ………….

Related MCQs

• ------ is an annual payment made by a life insurance company in consideration form a lump sum received.
• In …………., the insurer agrees to pay a certain sum of money to the policyholder either on his death or a certain age, which ever is less.
• Compulsory cancellation of shares by the company\y due to non‐payment of allotment or call money is called …………….
• On forfeiture of shares, which of the following account is credited with the amount of money already received on such shares?
• Forfeiture of shares results in compulsory termination of ------ due to non payment of allotment/call money.
• Dividend declared in between two annual general meeting is called….
• The dividend declared between two annual general meeting is called ……….
• The company in which the liability of members is liable to pay the agreed amount at the time of winding up is called as …………..
• On an equity share of Rs. 20, the company has called up Rs. 16 but Rs.14 has been received by the company, the share capital account should be credited by ……
• Which sections of an annual report do IFRSs apply to?