Question
Which of the following is correct full form of IGMS with
reference to insurance sector?Solution
IRDAI launched the Integrated Grievance Management System (IGMS) in the year 2010. · IGMS is a grievance redressal monitoring tool for IRDAI. · It also facilitates a central repository of industry-wide insurance grievance data; · Policyholders who have grievances register their complaints with the Grievance Redress Channel of the Insurance Company first.
In a period of rising prices and stable inventory quantities, which of the following best describes the effect on gross profit of using LIFO as compared...
Under the Indian Trusts Act, 1882, what happens when a trustee mingles trust property with their personal property ?
What does Organizational Behavior (OB) study and apply knowledge about?
What are the needs listed in Maslow's pyramid from bottom to top?
According to the IRAC Norms, a loan where the borrower has defaulted on payment for over 12 months is classified as _________
ABC Ltd is a financing company and has given loans and advances to its subsidiary and earned an interest of Rs 1.00 lacs. This interest income is :
Calculate the closing inventory from the following information:
· Purchases Rs.90,000
· Sales Rs.125,0...
TRP Ltd. recorded operating profit of Rs.100,000, tax of Rs.17000, interest of Rs.34,000 and dividends of Rs.5000. What is the company’s net profit a...
What does the principle of sustainability in business ethics emphasize?
With the objective to better align the guidelines of RBI with the BCBS (BASEL Committee on Banking Supervision) standard and enable banks to manage liqu...
