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A line of credit is a credit facility extended by a bank or other financial institution to a government, business or individual customer that enables the customer to draw on the facility when the customer needs funds. Statement I is correct -: India has extended 8 Lines of Credit (LOCs) to Sri Lanka amounting to USD 1850.64 million. Statement II is not correct -: Association of Southeast Asian Nations (ASEAN) is a regional grouping that aims to promote economic and security cooperation among its ten members: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Statement III is correct -: in sectors including railways, infrastructure, defence, renewable energy, petroleum and fertilizers in the past 10 years. In January 2022, India extended a USD 400 million currency swap to Sri Lanka under the SAARC Framework and deferred successive Asian Clearing Union settlements till July 6, 2022. A Line of Credit of US $500 million was extended to Sri Lanka for importing fuel from India.
What percent of shareholding is under National Bank for Agriculture and Rural Development (NABARD) in Agriculture Insurance Company of India Limited?
Any such transaction, in which any property is transferred in the name of one person and payment is made by another person is known as?
The contractual term for the premium in an insurance contract is known as:
Which section of the Indian Insurance Act 1938 provides for nomination of a person?
The “Malhotra Committee” was established to:
Which of the following term matches with Family Floater?
Which of the following is the first life insurance company in India?
General Insurance Corporation of India (GIC) was established in:
The primary purpose of a motor insurance policy is to:
Market is a place of ______.