Question
In which stage of classical production function, the
marginal product is always greater than the average product?Solution
Explanation: In the first stage of the classical production function, the marginal product is greater than the average product, meaning each additional unit of input increases total output.
Once an insurance company has paid up to the limit, it will pay no more during that year is known as ____________?
If the total premium is Rs. 50,000 and the Limit of Liability is Rs. 20,000,000; what is the rate on line?
Legal responsibility of a fiduciary to safeguard assets of beneficiaries is termed as?
A Mutual Fund’s SIP is essentially a staggered payment over a defined period of time with a defined contribution by the investors. What is the expansi...
Which of the following is NOT a factor considered in a "burning cost" analysis?
Contract under which the ultimate liability of the reinsurer is capped and on which anticipated investment income is expressly acknowledged as an underw...
Which of the following bank is not involved in housing finance to general public?
The role of a risk engineer in the insurance process is to:
The Public Sector Insurance companies in India include:Â
A policy that combines protection against premature death with a savings account that can be invested in stocks, bonds, and money market mutual funds at...
