Question
Each sentence contains two blanks. Choose the option
that best completes the sentence logically and grammatically. Rising fuel prices have ______ household budgets and ______ consumer spending.Solution
A. burdened – decreased Burdened budgets → acceptable Decreased consumer spending → grammatically weak (spending declines/is reduced, it doesn’t “decrease” itself cleanly) B. affected – lowered Affected → too vague, non-diagnostic Lowering -> grammatically wrong C. weakened – declined Weakened budgets → budgets don’t weaken; finances do Declined suits “spending”, but first verb fails D. strained – reduced Strained household budgets → standard, precise meaning (pressure without collapse) Reduced consumer spending → clear, measurable outcome E. disturbed – limited Disturbed budgets → incorrect usage Limited spending → implies restriction, not outcome
A seller’s market in which insurance is expensive and in short supply is termed as?
A survey which is held to determine a properties insurable value is known as?
What is the purpose of "reinsurance"?
What does IRDA mandate for surveyors handling losses above INR 20,000?
The PradhanMantriVayaVandanaYojana (PMVVY) has been launched by?
Third-Party Administrators (TPAs) are primarily involved in:
When a demand is made by insured for payment of the benefits is called as?
Insurance penetration measures:Â
The period during which the owner of a deferred annuity makes payments to build up assets is called?
What is the significance of "rate on line" in insurance pricing?