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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.
According to the Union Budget 2023-24, consider the following statements.
1. National Green Hydrogen Mission, with an outlay of 19,700 crores
Government has announced a Centrally Sponsored Scheme namely, “New India Literacy Programme” (NILP). The New India Literacy Programme (NILP) has ...
Visvesvaraya PhD scheme has been initiated by the Government with an objective of enhancing the number of PhDs in the country to compete globally in th...
Which of the following is true about the Employees' Pension Scheme (EPS) in India?
In capital budgeting, the discount rate used in the net present value method is also known as:
What is the purchasing power parity (PPP) theory primarily concerned with?
What does distributive justice focus on?
If the exchange rate between USD and INR is quoted as 1 USD = Rs.83, it is _________ while when it is quoted as Rs.100 = USD 1.21, it is __________.
Which of the following is true about the governance structure of Asset Reconstruction Companies (ARCs)?
Which of the following statements about the primary market is/are correct?
1)The primary market is where new securities are issued and sold for t...
