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According to common law, when should insurable interest be present in a general insurance contract?
Assertion (A): When two or more investment proposals are mutually exclusive, ranking the proposals on the basis of IRR, NPV and PI methods may give contradictory results. Reason (R): The contradictory results in the ranking are due to differing dimensions relating to the sacle of investments, cash flow patterns and project lives.
Match the items of List-I with those of List-II . List-I List-II a. Exchange control 1. Adverse BOP b. Price control 2. Domestic firms c. Import control 3. Mass consumption product d. Legislative control 4. Industrial location
"One man control is the best in the world" is a statement of: