⚡ Month End Offer is live - Get Flat 55% Off on All Courses • Grab it Now! Click Here 00:00:00 AM ⚡

    Question

    Which of the following Statements is/are True?

    >I- D-SIIs are perceived as insurers that are ‘too big or too important to fail’ (TBTF). II- D-SIIs refer to insurers of such size, market importance and domestic and global interconnectedness whose distress or failure would cause a significant dislocation in the domestic financial system. III- The continued functioning of D-SIIs is critical for the uninterrupted availability of insurance services to the national economy.
    A Only I Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C I & II Correct Answer Incorrect Answer
    D II & III Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    Solution- D-SIIs are perceived as insurers that are ‘too big or too important to fail’ (TBTF). D-SIIs refer to insurers of such size, market importance and domestic and global interconnectedness whose distress or failure would cause a significant dislocation in the domestic financial system. Thus, the continued functioning of D-SIIs is critical for the uninterrupted availability of insurance services to the national economy.

    Practice Next
    More ESI Questions
    ask-question