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Depreciation is the economic term used to describe the consumption of fixed capital. It reflects the wear and tear or obsolescence of physical assets over time, affecting their operational efficiency and value.
The 'No Fault Liability' provision in the Motor Vehicles Act, 1988 is applicable to:
The amount charged by the insurer to provide the life cover to policy holder on the life of the life Insured is known as?
The coinsurance is specified by which of the following term?
The 'Third-party liability' cover in a motor insurance policy protects the insured against:
Agriculture Insurance Company of India Limited was incorporated with an authorised share capital of INR ______ billion.
The insurance companies collect a fixed amount from its customers at a fixed interval of time. What is it called?
Coverage for bodily injury and property damage incurred through ownership or operation of a vehicle is called?
