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Rupee Drawing Arrangement (RDA) is a channel to receive cross-border remittances from overseas jurisdictions. This scheme is not used for cross-border outward remittances from India. There is no limit on the remittance amount as well as on the number of remittances. However, there is an upper cap of Rs.15.00 lakh for trade related transactions. No cash disbursement of remittances is allowed under RDA. The remittances have to be credited to the bank account of the beneficiary.
A policy that covers the cost of repairing or replacing damaged boilers and pressure vessels is:
The largest general insurance company in the world by revenue is:
Which type of risks are not insurable ?
A form of reinsurance that indemnifies the ceding company for the accumulation of losses in excess of a stipulated sum arising from a single catastroph...
Which of the following insurance is mainly used for leased cars?
What is the purpose of a "No Claim Bonus" in motor insurance?
Which of the following is NOT a type of motor insurance policy?
What are physical hazards in underwriting?
If you might want to discontinue the policy, and take whatever money is due to you. The amount the insurance company then pays is known as?
Which of the following is NOT a factor that can influence the insurance market cycle?
