Question
Which of the following best describes the term ‘import
cover’, sometimes seen in the news?Solution
‘Import Cover’ is a term used to describe the number of months over which a country can pay for its’ imports from the International Reserves of the country. Import cover of reserves is a traditional trade-based indicator of reserve adequacy. It is defined in terms of the number of months of import equivalent to reserves. The excess of inflow of Foreign Exchange over the outflow of foreign exchange in a country gets credited to its’ international reserves account. This reserve can be used as a buffer to cushion against the uncertainties of future inflows.
Name the first General Insurance Company in India?
UIIC was nationalized in which year?
The Private equity investors shall not hold more than _________ percent of the paid up equity share capital of the Indian insurance company.
SWIFT provides a network that enables financial institutions worldwide to send and receiveinformation about financial transactions securely. It is head...
The practice of buying or selling of a security by someone who has access to material nonpublic information about the security, is termed as?
In which city, the 17th Pravasi Bhartiya Divas will be held in January 2023?
One of the methods of reducing insurance cost of an insured is __________.
The principle of utmost good faith requires:
Which of the following is not one of the stages in product life cycle?
Which of the following is NOT a factor that can influence the insurance market cycle?
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