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Commerce Insurance Difficulty: Medium

The major appeal for non-traditional products was in terms of

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LIC of India is an example of __________. The slope of an isoquant tells Match List-I with List-II and select the correct answer using the options given below the lists: List-I List-II a. Heavy amount of premium on redemption of preference shares 1. Capital expenditure b. Excess of sale proceeds fixed assets over their original cost 2. Deferred revenue expenditure c. Cost of installation of an old machine 3. Capital gain d. Freight paid on purchase of raw material 4. Revenue of expenditure The basic principle of accounting "debit the receiver and credit the giver" is applicable to Security premium is a