Get Started with ixamBee
Start learning 50% faster. Sign in now
FCNR accounts are protected against forex rate risks (changes in the value of rupee vis-a-vis the currency in which the account is denominated) as they are maintained in a foreign currency. In other words, the principal and the interest are transferred in the currency in which the account is maintained sans any loss of exchange. The forex risk is therefore absorbed by the bank.
Which type of insurance can covers two or more items or location ?
___________ is a type of life insurance policy designed to pay a lump sum on maturity or on death.
The premium of insurance of your two-wheeler depends on its IDV. What does IDV denotes?
Insurance penetration measures:
What is the term used to describe the process of transferring a portion of risk to another insurer?
Which of the following government increase the foreign direct investment (FDI) limit in the insurance sector to 74% from 49%?
Which of the following categories of people will NOT be covered under Postal Life Insurance?
Mortality Charge is the amount charged _____________ by the insurer
What does the preamble of an insurance policy NOT typically include?
_________ is the first and fundamental step towards becoming an IRDAI Agent/Insurance Advisor.
