Question
Market failure is the inability of
Solution
Market failure is the inability of some unregulated markets to allocate resources efficiently.
Which feature is not allowed in the Indian insurance market?
Underwriting process involves:
Which include claims that have been incurred but not reported?
In case of ambiguity in policy wording, which rule is applied?
Which of the following countries has been ranked first in the rating of passports 'Passport Index 2022' published recently by Arton Capital?
The Institute of Insurance and Risk Management (IRM) was founded in which of the following year?
What is the purpose of a "warranty" in an insurance policy?
Which of the following Section of IRDAI Act 1999 provides for establishment of Insurance Advisory Committee?
General Insurance Corporation of India (GIC) was established in:
A risk or damage covered by an insurance policy is called as?
