Question
For an economy, if C = 400 + 0.8Yd, Yd = Y − T, T =
300 + 0.2Y , find MPC.ÂSolution
MPC is the slope coefficient of consumption function. C = a + cY.
In relation to insurance sector, what is the full form of EP?
A person who investigates claims and recommends settlement options based on estimates of damage and insurance policies held is called?
The process of amending a policy during its term is known as:
The first ULIP was launched by which of the following ?
Consumer Protection Act deals with:
Which of the following institution was established in the year 1955, for the purpose of promoting Insurance Education & Training in the country?
In India _______________ insurance is mandatory. Â
What type of insurance covers goods in transit by road, rail, sea, or air against various risks?
Once an insurance company has paid up to the limit, it will pay no more during that year is known as ____________?
A motor insurance policy can be cancelled by: