Question
Which of the following is true about role of Banks?
I. It facilitates import export transactions. II. It helps in national development by providing credit to farmers, small-scale industries and self-employed people as well as to large business houses which lead to balanced economic development in the country. III. It helps in raising the standard of living of people in general by providing loans for purchase of consumer durable goods, houses, automobiles, etc.Solution
The correct answer is D
What is the purpose of classifying risks in underwriting?
Agriculture Insurance Company of India Limited was incorporated with an authorised share capital of INR ______ billion.
Insurance is primarily a method of:
Which district has become the first district in India to 100% link the Aadhaar number with a Voter ID card?
A policy that covers the loss of money in transit is:
The 'No Fault Liability' provision in the Motor Vehicles Act, 1988 is applicable to: Â Â Â Â
General Insurance Corporation of India (GIC) was established in:
An excess is another word for:
A policy that covers the loss of profits due to damage to machinery is:
An adjustable life insurance under which premiums and coverage are adjustable, company’s expenses are not specifically disclosed to the insured but a ...
