Question
Which of the following is INCORRECTLY stated about the
Central Sector Scheme for Formation and Promotion of 10,000 FPOs?Solution
Statement D is incorrect. The scheme provides handholding support for a period of 5 years from the year of FPO creation — not 3 years. Financial assistance of ₹18 lakh as management cost is provided over 3 years, which is separate from handholding. All other statements are accurate: ₹6,865 crore total outlay; equity grant up to ₹15 lakh at ₹2,000/member; credit guarantee up to ₹2 crore; and onboarding on e-NAM, ONDC, and GeM
Section 64VB requires what action for a policy to be effective? Â Â Â Â Â Â Â Â Â Â Â
Any such transaction, in which any property is transferred in the name of one person and payment is made by another person is known as?
Who is the author of the book titled “The Poverty Of Political Economy: How Economics Abandoned the Poor?”
In relation to insurance sector, what is the full form of EP?
If a policy holder stops paying the premium after three years, but does not withdraw the money from his policy, then the policy is said to be?
One of the methods of reducing insurance cost of an insured is __________.
Which of the following terms is NOT associated with insurance?
“Prithvi, Agni, Jal, Akash, SabkiSurakshaHamarePaas” is the tagline of which insurance company?
Risks that affect simultaneously a great number of policyholders is called?
In which year, the Actuaries Act was passed by Indian government?