Question
If the Reserve Bank of India wants to contract credit in
the economy, it would most likely:Solution
To contract credit (reduce money supply), the RBI uses contractionary monetary policy. Increasing the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) reduces the funds banks have available to lend, thereby contracting credit. (e) is an expansionary open market operation.
Which of the following company is not a foreign insurance company?
__________ in insurance is the splitting or spreading of risk among multiple parties.
What is a coverage designed to protect businesses from liabilities that arise from the conducting of business over the Internet, including copyright inf...
The Insurance Act has __________sections and ______ schedules.
What is NOT an element of an insurance contract?
The operative clause in an insurance policy is also known as:
In which city, the 17th Pravasi Bhartiya Divas will be held in January 2023?
Which of the following is NOT a typical type of insurance claim?
Written words in a policy take precedence over:
What is the impact of inflation on premium calculations?
