Question
What is the capacity of India’s first private-sector
Strategic Petroleum Reserve (SPR) being developed by MEIL at Padur, Karnataka?Solution
MEIL is developing India’s first private SPR with a capacity of 2.5 million metric tonnes (MMT) at Padur, Karnataka. The project cost is ₹5,700 crore, with crude filling cost at ₹11,020 crore. SPRs boost India’s energy security, which currently covers only 8–9 days of oil demand.
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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