Question
Which of the following provides the measure of the
general price inflation in an economy?Solution
The GDP deflator, also called implicit price deflator, is a measure of inflation. It is the ratio of the value of goods and services an economy produces in a particular year at current prices to that of prices that prevailed during the base year,
What percent shares of New India Assurance Co Ltd is owned by Government of India?
Which Section of the IRDAI Act,1999 specifies the Duties, Powers and functions of the Authority?
Consumer Protection Act deals with:
Which of the following plans is NOT offered by Postal Life Insurance?
A section of the risk-based capital formula calculating requirements for reserves and premiums is termed as?
Circumstance including possibility of loss or no loss but no possibility of gain is termed as?
An endorsement added to an insurance policy, or clause within a policy, that provides additional coverage for risks other than those in a basis policy i...
What is the time limit set for the claim settlement process by IRDAI?
What term applies to conditions that must be met before the insurer’s obligations arise?Â
___________ is the liability arising from contractual agreements in which it is stated that some losses, if they occur, are to be borne by specific part...
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