Question
Which ministry has introduced the Electric Mobility
Promotion Scheme 2024, which aligns with the banking industry's efforts to support environmentally friendly and sustainable development?Solution
The Ministry of Heavy Industries, Government of India, announced the Electric Mobility Promotion Scheme 2024 (EMPS 2024) in March 2024 to encourage the adoption of electric vehicles (EVs) in the country. The scheme will run from April 2024 to July 2024, with a total outlay of Rs 500 crore. The scheme will support purchase of two-wheelers and three-wheelers. The scheme will provide a subsidy of Rs 10,000 for two-wheelers, and Rs 25,000 for small three-wheelers. The subsidies will be eligible for electric two, three, and four wheelers sold until March 31, 2024, or until the time funds are available, whichever is earlier.
What are the assumptions about rates of investment earnings, mortality, turnover and distribution or actual ages at which employees are likely to retire?
Which one of the following does not belong to the main products of life insurance?
If the total premium is Rs. 50,000 and the Limit of Liability is Rs. 20,000,000; what is the rate on line?
A policy that covers the cost of repairing or replacing a damaged computer system is:
What is the primary characteristic of a "soft market" in insurance?
The 'Own Damage' cover in a motor insurance policy protects the insured against:
A clause that allows the transfer of rights under a policy from one person to another, usually by means of a written document is called?
Which of the following is NOT a typical type of insurance claim?
The Life Insurance Corporation of India (LIC) came into existence in which year?
What is the main role of an insurance underwriter?
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