Question
In a survey process, when the respondents were asked
about consumptions of some low-frequency items over the previous year and all other items over previous 30 days, is called ____________.Solution
Solution- From 1999-2000 onwards, the NSSO switched to an MRP method which measures consumption of five low-frequency items (clothing, footwear, durables, education and institutional health expenditure) over the previous year, and all other items over the previous 30 days.
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:
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