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AEPS stands for Aadhaar Enabled Payment System. AEPS is a system introduced by the Government of India to enable Aadhaar cardholders to perform basic banking transactions using their Aadhaar number and biometric authentication. It allows customers to carry out financial transactions like cash withdrawal, cash deposit, fund transfers, balance inquiry, and Aadhaar-to-Aadhaar fund transfers through Micro ATMs using their Aadhaar details as identification. AEPS aims to promote financial inclusion and provide easy and secure banking services to individuals, especially in rural and remote areas.
A coverage that protects businesses engaged in electronic commerce from losses caused by hackers is termed as?
Which among the following principle states about the Individual who should be benefitted from the insured item?
Which principle specifies an insured should not collect more than the actual cash value of a loss?
The portion of risk that a reinsurance company cedes or amount of insurance the company chooses not to retain is called?
All Risks Insurance is commonly used to cover:
In which year all shares of Oriental Insurance Company Ltd. held by the General Insurance Corporation of India were transferred to the Central government?
What type of insurance covers goods in transit by road, rail, sea, or air against various risks?
A policy that covers loss or damage to a householder's property is:
What are physical hazards in underwriting?
An environment where insurance is plentiful and sold at a lower cost, also known as a Buyer’s market is called?
