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.
Which sources of funding are typically available to Self-Help Groups (SHGs)? Â
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When is the World's Children Day been celebrated?
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How many companies were amalgamated and grouped into four major insurance companies?Â
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