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The origin of the financial crisis can be traced from the inefficient management of the Indian economy in the 1980s. We know that for implementing various policies and its general administration, the government generates funds from various sources such as taxation, running of public sector enterprises etc. When expenditure is more than income, the government borrows to finance the deficit from banks and also from people within the country and from international financial institutions.
What is the primary function of a reinsurer?
Percentage of each premium rupee that goes to insurers expenses including overhead, marketing and commissions is called ____.
Which of the following is NOT a factor considered by insurers while determining premium rates for motor insurance?
What is the purpose of "mitigation of loss"?
A person named in a life insurance contract to receive the benefits of the policy if other named beneficiaries are not living is referred as ________.
Which of the following is NOT a conventional classification of general insurance under the Insurance Act, 1938?
The role of a risk engineer in the insurance process is to:
Agriculture Insurance Company of India Limited was incorporated with an authorised share capital of INR ______ billion.
Which of the following institution was setup with the objective of promoting exports from the country by providing credit risk insurance and related ser...
What is a life insurance policy that remains in force for the policyholder’s lifetime?