Maryland Insurance Administration Life-Producer Q&A - in .pdf

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NEW QUESTION: 1
Huawei two nodes Standard Edition N8500, opened the CIFS service. Which of the following CIFS parameters prevents users from seeing other users in the table of Contents?
A. noguest
B. fs-mode
C. hide-unreadable
D. oplock
Answer: C

NEW QUESTION: 2
Which of the following statements about 1035 exchanges are true?
I. A 1035 exchange refers to the exchange of all of the shares owned in one mutual fund for shares of another mutual fund in the same family of funds.
II. A 1035 exchange refers to the exchange of one variable annuity contract for another variable annuity contract without the need to pay tax on any of the income or capital appreciation associated with the original contract.
III. A 1035 exchange refers to the exchange of a variable annuity contract for a whole life insurance policy offered by the same company with no tax consequences to the transaction.
A. I, II, and III
B. I and II only
C. II only
D. I only
Answer: C
Explanation:
Explanation/Reference:
Explanation: Only Selection II is true regarding 1035 exchanges. A 1035 exchange refers to the exchange of one variable annuity contract for another variable annuity contract without the need to pay tax on any of the income or capital appreciation associated with the original contract. This does not refer to the exchange of one mutual fund for another, which is a taxable event; nor does the 1035 exchange involve exchanging a variable annuity for a life insurance policy.

NEW QUESTION: 3
A customer is setting up a 32-node Oracle VM server farm. What step will best help load balance the high number of I/O requests for new virtual machines and shared disks?
A. Increase the number of servers with the Virtual Machine Server role.
B. Increase the number of servers with the Server Pool Master role.
C. Increase the number of servers with the Utility Server role.
D. Increase the number of Oracle VM Manager instances.
Answer: A

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