Question
The Reserve Bank has selected two global consultancy
firms to develop systems using artificial intelligence and machine learning for its supervisory functions?Solution
The Reserve Bank has selected global consultancy firms McKinsey and Company India LLP and Accenture Solutions Pvt Ltd India to develop systems using artificial intelligence and machine learning for its supervisory functions.    The RBI is looking to extensively use advanced analytics, artificial intelligence and machine learning to analyse its huge database and improve regulatory supervision over banks and NBFCs. For this purpose, the central bank plans to hire external experts.  Based on the scrutiny/evaluation set out in the Expression of Interest (EOI) document, the central bank had shortlisted seven applicants to participate in the request for proposal process (RFP) for the selection of consultant(s).     The seven firms were Accenture Solutions Private Limited; Boston Consulting Group (India) Pvt Ltd; Deloitte Touche Tohmatsu India LLP; Ernst and Young LLP; KPMG Assurance and Consulting Services LLP; McKinsey and Company; and PricewaterhouseCoopers Pvt Ltd.
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:
