Question
IFSC Code contains how many characters that facilitate
fund transfer in any part of the country?Solution
The Indian Financial System Code (also known as IFSC) is an unique 11 character code for identifying the bank and branch which an account is held. The IFSC code is used by the NEFT, RTGS and IMPS finance transfer systems.
A type of reinsurance in which the re-insurer indemnifies the ceding company for losses that exceed a specified limit is called?
Which of the following company is not a foreign insurance company?
What is the maximum value of claim up to which an insurance Ombudsman can redress a customer grievance?
An insurance cover that is linked with credit activities and aims to protect the credit is called?
Funds that a lender collects to pay monthly premiums in mortgage and home owners insurance, and sometimes to pay property taxes is called?
Failure to disclose material facts can make the policy:
What is the purpose of a deductible in an insurance policy?
The 49th GST Council made recommendations relating to GST compensation. In this context, Government of India has decided to clear the entire pending bal...
As per the insurance act, early Death Claims can arise out of death during the first __________ policy years.
The 'No Claim Bonus' is calculated based on:
