Question
Which of the following statements is/are not true with
respect to the Asian Development Bank? I.ADB is a regional development bank established in 1966 exclusively for Asian countries. II.India is a founding member of the ADB. III.The top three largest shareholders of the bank are Japan, India, and China.Solution
ADB is a regional development bank established in 1966 with the objective of promoting social and economic development in Asia and the Pacific.India is a founding member. ADB assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development. As of 31st December 2022, ADB's five largest shareholders are Japan and the US (each with 15.6% of total shares), China (6.4%), India (6.3%), and Australia (5.8%).Â
When we look at claims’ trends, we look at a number of factors. Some of these are listed below. Which factor is not to be considered from this list?
An environment where insurance is plentiful and sold at a lower cost, also known as a Buyer’s market is called?
Which component of an insurance policy includes the name, logo, and contact details of the insurer?
The Insurance Act was first introduced in India in:
Losses other than property damage that occur as a result of physical loss to a business for example, the cost of maintaining key employees to help reorg...
Which country is the first in the world to introduce the concept of Insurance Repository services?
The 'Policy Document' in motor insurance is a legal document that:
Which of the following is NOT typically found in a marine insurance certificate?Â
The role of a risk engineer in the insurance process is to:
What is the maximum value of claim up to which an insurance Ombudsman can redress a customer grievance?
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