Question
Which of the following is true about the discounting of
bill of banks? I. Banks provide short-term finance by discounting bills, by making payment of the amount before the due date. II. The party gets the funds after waiting for the date of maturity of the bills.Solution
The correct answer is A
As per current norms in India, what is the maximum limit of No Claim Bonus (NCB) in percentage?
_________ is the first and fundamental step towards becoming an IRDAI Agent/Insurance Advisor.
Which of the following is NOT a type of motor insurance policy?
________________ is some amount of money will paid before insurance will pay 100% for an individual’s health-care expenses.
The 'Act Only' policy covers:
What is a Coverage protecting property against losses caused by a fire or lightning that is usually included in home owners or commercial multiple peri...
Which of the following are authorized only to maintain the policies in electronic form and provide a service record of all insurance policies?
Which of the following is insurable?
Legal responsibility of a fiduciary to safeguard assets of beneficiaries is termed as?
Which of the following insurance is mainly used for leased cars?