Question
The Reserve Bank of India (RBI) has officially added
________ to the Second Schedule of the RBI Act, 1934 so as to bolster its presence and strengthen its financial activities in the Indian market.Solution
The Reserve Bank of India (RBI) has officially added “NongHyup Bank” to the Second Schedule of the RBI Act, 1934. This decision holds immense significance for NongHyup Bank, a prominent financial institution based in Jung-gu, Seoul, South Korea, which has been actively operating in India since its establishment in 2016. The inclusion in the Second Schedule marks a pivotal moment for the bank, as it will bolster its presence and strengthen its financial activities in the Indian market, with a particular focus on supporting the agricultural and rural sectors.
Which of the following insurance is mandatory for all vehicles plying on public roads in India?
Any insurance risk resulting from a human decision is called?
What is NOT a common express condition in an insurance policy?
What is called when insurance contract comes into existence when one party makes an offer or proposal of a contract and the other party accepts the prop...
_________is a sum of money paid by an employer to an employee for services rendered in the company
A provision in an insurance policy that eliminates coverage for certain risks, people, property classes, or locations is called?
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The amount which is payable by you during the premium paying term at regular intervals for a limited period as specified in the plan schedule is called?
A type of reinsurance in which the re-insurer indemnifies the ceding company for losses that exceed a specified limit is called?
The central office of the Life Insurance Corporation of India (LIC) is located at?
The section of the policy that outlines what is NOT covered is called:
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