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Q. Assets are NPAs for a period exceeding 12 months are called ………….

Q. The first item in order of payment to be made by liquidator is:

Q. Once the share premium account is credited the same, if the premium is not received.

Q. In external liquidations, there is one liquidation and one ………………

Q. ……………is the party who undertakes the risk in insurance.

Q. In case of subdivision of share capital, the amount of share capital……….

Q. The commission given by insurance companies to others for receiving business under reinsurance is called …………………

Q. In case of electricity companies, contingency reserve is created until it amounts to ….. of the original cost of the fixed assets.

Q. A contributory is:

Q. A newly established company cannot issue shares at ……