Question
_______ is the act of taking on a risk for a
fee.Solution
Underwriting, in finance, is when individual or an institution undertakes the risk associated with a venture, an investment, or a loan in lieu of a premium. Underwriters are found in banking, insurance, and stock markets. The nomenclature 'underwriting' came about from the practice of having risk takers to write her name below the total risk that she undertakes in return for a specified premium in the early stages of the industrial revolution.
Match the following:
Which Indian state recently became the first to implement a 'Right to Water' law?
- Which of the following crops is cultivated during the monsoon (Kharif) season?
The Ministry of Education's recently launched PM-YUVA 3.0 (Young, Upcoming, and Versatile Authors) scheme mentors young authors below what age?
What is India’s first indigenous aircraft carrier called?
- In economic terminology, what does the acronym 'BoP' represent?
- What is the full form of SLR, an important tool used by RBI to control money supply?
Recently, where was the first Joint Commanders’ Conference (JCC) held?
- Which social reformer worked for the advancement of the Ezhava community in Kerala?
Which technology was used to discover a lost Mayan city in the Mexican jungle?
