Question
___________ is the simultaneous purchase and sale of two
identical commodities or instruments. This simultaneous sale and purchase is done in order to take advantage of the price variations in two different markets.Solution
Arbitrage is the simultaneous purchase and sale of two identical commodities or instruments in different markets to take advantage of price variations and profit from the price discrepancies. By exploiting these differences in prices, arbitrageurs aim to make risk-free profits.
In private motor insurance, separate rates apply for vehicles below and above:
Name the first General Insurance Company in India?
Which among these factors are considered by the insurance companies to calculate the premium of car insurance policies?
Name the first life insurance company to function in India?
In a "hard market," what typically happens to insurance premiums and coverage?
Marine insurance certificates must always be:Â
Which of the following is an example of Broad Form Insurance?
As per the insurance act, early Death Claims can arise out of death during the first __________ policy years.
General Insurance Corporation of India (GIC) was established in:
The Payment to the policyholder at the end of the stipulated term of the policy is called?
