Question
According to Budget 2023, how much capital has been
allocated to the Indian railway?Solution
The Union Budget 2023-24 includes a capital spending of Rs 2.4 lakh crore for Indian Railways. This is the largest allocation ever made to the national transporter, and it follows the pattern set last year, with a total budgetary assistance of Rs 1.37 lakh crore in fiscal 2022-23. The funds will be used for railway lines, electrification, and station improvements, among other things.
An individual who may become eligible to receive payment due to will, life insurance policy, retirement plan, annuity, trust, or other contract is known...
In which year New India Assurance Co Ltd nationalized?
Consider the following statement:
I. NCB is given to the insured and not to the insured vehicle.
II. On transfer of the vehicle, the ...
A type of reinsurance in which the re-insurer indemnifies the ceding company for losses that exceed a specified limit is called?
Coverage for property taken or destroyed by breaking and entering the insured’s premises, burglary or theft, forgery or counterfeiting, fraud, kidnap ...
What is the purpose of a "No Claim Bonus" in motor insurance?
The Agriculture Insurance Company of India Limited was incorporated on?
What is the purpose of "reinsurance"?
The 'No Claim Bonus' is calculated based on:
A contract, such as an insurance contract, requiring that certain acts be performed if recovery is to be made is known as?