Question
A company invests in different assets simultaneously in
order to reduce risks. What is this strategy called?Solution
This strategy is called diversification. Diversification helps prevent the risk of investing into a single asset whose price can fluctuate and be unpredictable. By spreading out the investment into various assets, the risk from fluctuations of one single asset can be reduced.
As per the IRDA Act, 1999 the Authority shall maintain proper accounts and other relevant records and prepare an annual statement of accounts in such fo...
What happens to ongoing legal proceedings related to the business of an existing insurer when its undertaking is transferred on the appointed day?Â
Under the Limitation Act, 1963, the period of limitation for a contract suit is:
In the case of R vs Foster, the witness saw the accident and a speeding truck. In this case was his statement held as admissible?
Mala fide means____________
Which section of the PMLA mandates reporting of suspicious transactions by banking companies and other financial institutions?
In which of the following cases, the Supreme Court of India held that, ‘Police Offer cannot refuse to record FIR on the ground that his police sta...
Who is considered as the Union Executive and the Head of the State as per the Indian Constitution?
Which entity is responsible for enforcing compliance under the Act?
A decree may be executed
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