Question
Which of the following are the part of Market
Infrastructure Institutions?Solution
Stock exchanges, depositories and clearing houses are together called Market Infrastructure Institutions and play a key role in the country’s economic infrastructure. The Bimal Jalan Committee in its 2010 report said, The term “infrastructure” means the basic, underlying framework or features of a system. The term “market infrastructure” denotes such fundamental facilities and systems serving the market. The primary purpose of the securities /capital market is to enable allocation of capital/financial resources.
Personal and business property coverage combining several types of property insurance in one policy is called?
The 'Third-Party Liability' cover in a motor insurance policy is mandatory in India as per the:
In which year General Insurance Corporation of India ( GIC ) notified as the Indian Reinsurer?
The central office of the Life Insurance Corporation of India (LIC) is located at?
Which type of policy is offered by an insurer for covering jewellery?
The fixed income that one gets after the retirement is also known as ________.Â
What is NOT an element of an insurance contract?
Consider the following statement:
I. Section 25 of IRDAI Act, 1999 lays down for establishment of Insurance Advisory Committee.
II. I...
The primary categories of insurance business in India are:
A policy that covers the cost of repairing or replacing damaged plant and machinery during construction or erection is: