Question
In terms of banking capital reserve, Tier II's capital
loss absorption capacity is____ that of Tier I capital.Solution
Tier I items are deemed to be of the highest quality because they are fully available to cover losses Hence it is also termed as core capital. Tier II items qualify as regulatory capital to the extent that they can be used to absorb losses arising from a bank's activities. Tier II's capital loss absorption capacity is lower than that of Tier I capital. It is therefore also known as supplementary capital.
The Beating Retreat ceremony, held at Vijay Chowk in New Delhi on 29 January 2023, witnessed the country’s biggest Drone Show comprising ______ indige...
An independent professional person registered under the Insurance Act who represents the insurance buyer to purchase the insurers policy is known as?
A document given to an applicant for life insurance stating that the company’s acceptance is contingent upon determination of the applicant’s insura...
What is the difference between "reinsurance" and "co-insurance"?
___________ is a type of life insurance policy designed to pay a lump sum on maturity or on death.
A type of reinsurance in which the re-insurer indemnifies the ceding company for losses that exceed a specified limit is called?
Which country is the first in the world to introduce the concept of Insurance Repository services?
The Motor Vehicles Act, 1988 requires what document as proof of insurance?
The 'No Claim Bonus' is calculated based on:
A policy that covers the risk of theft of goods from a shop is:
