Question
Recently which of the folloiwng private sector insurance
firm launched first-of-its-kind insurance solution, the technology backed farm yield insurance policy for farmers, where a satellite-based index will be used to provide localized farm level coverage?Solution
Satellite index-based Farm Yield Insurance Policy- HDFC ERGO launched the of a technology backed farm yield insurance policy for farmers. This is a first-of-its-kind insurance solution, where a satellite-based index will be used to provide localized farm level coverage. It will provide comprehensive cover across the crop life cycle from sowing to harvesting, basis satellite-based data. The product is targeted at farmers under corporate/farm input company (FIC) contracts and is valid for food, oilseed, commercial or horticulture crops.
If RBI increases the repo rate by 0.5%, and a bank’s base rate is 9%, what is likely new base rate?
As per “Master Circular of RBI – Exposure Norms”, “The exposure” definition shall include which of the following options?
Which of the following is the correct meaning of Cash Reserve Ratio (CRR), a monetary policy tool used by RBI?
The Reserve Bank has released a booklet that aims to enhance public awareness about various types of financial frauds perpetrated on gullible customers...
When the RBI wants to inject liquidity into economy, it may adopt the following :
(1) Buy the government securities from the banks.
(2) En...
……………………………………………. allows the RBI to absorb liquidity (deposit) from commercial banks without giving government secur...
What is one of the roles of IRDA in relation to insurance intermediaries?             Â
...As per Basel and subsequent RBI guidelines, Common Equity Tier 1 (CET1) capital must be at least how much percentage of risk-weighted assets (RWAs) i.e...
RBI mandated use of external benchmarks for pricing of certain loans like retail and MSME loans. I n how many months is the interest rate to be reset at...
The key areas to be monitored under the Revised Prompt Correction Action framework of RBI would be:
Relevant for Exams:
