Question
Which among the following is the act of taking on a risk
for a fee -Solution
Underwriting, in finance, is when individual or an institution undertakes the risk associated with a venture, an investment, or a loan in lieu of a premium. Underwriters are found in banking, insurance, and stock markets. The nomenclature 'underwriting' came about from the practice of having risk takers to write her name below the total risk that she undertakes in return for a specified premium in the early stages of the industrial revolution.
 Type I error occurs when
Which of the following is a primary objective of the 'Fiscal Responsibility and Budget Management (FRBM) Act' in India?
If the regression coefficients of x on y and y on x are -1/4 and -1/9 respectively, then what is the correlation coefficient between x and y?
During which plan, there was focus on indigenous growth?
Two people enter a bus. Two adjacent cramped seats are free. Each person must decide whether to sit or stand. Sitting alone is more comfortable than sit...
 Which method is used by Hicks to eliminate the income effect when price of a product is changed
Offer curve introduced by Alfred Marshall deals with :
The 'Cobb-Douglas' production function is most closely associated with which concept of national income distribution?
What do you mean by ‘under conditions of a perfect competition in the product market’?
If the government imposes an excise duty on the production of a commodity, and the demand for that commodity is perfectly inelastic, the burden of the t...