Question
Which of the following statements about a Ceding
Company in insurance is true?Solution
Explanation: A Ceding company is an insurance company that transfers part or all of the risk it has assumed to another insurance company called the Reinsurer. In return for transferring the risk, the Ceding company receives a commission from the Reinsurer, which compensates the Ceding company for getting the business and sharing the premium amount received to cover the risk.
Match the following stadiums with their alternate names:Â
Which Article of the Indian Constitution empowers Indian Parliament to amend the constitution?
Which Five-Year Plan was based on the "P.C. Mahalanobis Model"?
Consider the following statements about the Mahatma Gandhi National Rural Employment Guarantee Act & Scheme:
1. It guarantees a minimum of 100 da...
The place where the United Nations Charter was signed is
Which of the following statements in the context of the Central Vigilance Commission (CVC) is correct?Â
Which of the following Article is known as ‘The very soul of the Constitution’ by Dr.B.R.Ambedkar?
With reference to Overseas Citizen of India (OCI) Cardholder, consider the following statements:
1. A citizen of another country who was a citize...
Under the Indian Constitution, 'livestock and animal husbandry' fall under which list?
Under which Article of the Constitution of India can the President take over the administration of a state, in case its constitutional machinery breaks ...