Question
Which of the following is a type of pension plan where
the employer agrees to pay a specified benefit to the employee upon retirement, based on a set formula?Solution
A defined benefit plan is a type of pension plan where the employer agrees to pay a specified benefit to the employee upon retirement, based on a set formula. This formula typically takes into account the employee's length of service, salary history, and other factors.
Which type of insurance can covers two or more items or location ?
In 1818, India’s first insurance company Oriental Life Insurance Company was established in which city?
Insurance is primarily a method of:
Which of the following situation occurs when one party in a negotiation has relevant information the other party lacks.
The Non-Governmentorganizations(NGO) helps the insurance industry mainly in?
Which of the following is a public sector general insurance company in India?
Who is responsible for investigating and settling claims?
If an organization wishes to venture into Insurance Business it has to obtain a licence firstfrom which of the following ?
Which of the below cannot be an intermediary?
 Which of the following CANNOT be undertaken as a function by the India Post Payment Bank?
