Question
Term Money in a financial market can be defined
as____Solution
The money market primarily facilitates lending and borrowing of funds between banks and entities like Primary Dealers (PDs). Banks and PDs borrow and lend overnight or for the short period to meet their short term mismatches in fund positions. This borrowing and lending is on unsecured basis. ·        ‘Call Money’ is the borrowing or lending of funds for 1day. ·        Where money is borrowed or lend for period between 2 days and 14 days it is known as ‘Notice Money’. ·        ‘Term Money’ refers to borrowing/lending of funds for period exceeding 14 days but to 1 year More than 1 year is not a part of money market but capital market.
A type of reinsurance in which the re-insurer indemnifies the ceding company for losses that exceed a specified limit is called?
Which of the following company is not a foreign insurance company?
What is the maximum value of claim up to which an insurance Ombudsman can redress a customer grievance?
An insurance cover that is linked with credit activities and aims to protect the credit is called?
Funds that a lender collects to pay monthly premiums in mortgage and home owners insurance, and sometimes to pay property taxes is called?
Failure to disclose material facts can make the policy:
What is the purpose of a deductible in an insurance policy?
The 49th GST Council made recommendations relating to GST compensation. In this context, Government of India has decided to clear the entire pending bal...
As per the insurance act, early Death Claims can arise out of death during the first __________ policy years.
The 'No Claim Bonus' is calculated based on:
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