Question
A country with a high level of public debt is facing
pressure from international investors to reduce its debt burden. The government is considering various options to manage its debt and improve its fiscal sustainability. Which of the following is NOT a sustainable way for the government to reduce its public debt in the long run?Solution
Monetizing the debt by printing more money can lead to hyperinflation and further economic instability. It is not a sustainable solution for reducing public debt.
An individual who may become eligible to receive payment due to will, life insurance policy, retirement plan, annuity, trust, or other contract is known...
In which year New India Assurance Co Ltd nationalized?
Consider the following statement:
I. NCB is given to the insured and not to the insured vehicle.
II. On transfer of the vehicle, the ...
A type of reinsurance in which the re-insurer indemnifies the ceding company for losses that exceed a specified limit is called?
Coverage for property taken or destroyed by breaking and entering the insured’s premises, burglary or theft, forgery or counterfeiting, fraud, kidnap ...
What is the purpose of a "No Claim Bonus" in motor insurance?
The Agriculture Insurance Company of India Limited was incorporated on?
What is the purpose of "reinsurance"?
The 'No Claim Bonus' is calculated based on:
A contract, such as an insurance contract, requiring that certain acts be performed if recovery is to be made is known as?
