Question
Which insurance corporation has introduced the “Jeevan
Azad Plan', a policy designed to provide financial assistance to the family in the event of the unfortunate demise of the life assured within the policy duration?Solution
The Life Insurance Corporation of India (LIC) has launched LIC Jeevan Azad Plan. It is a limited period premium payment plan that offers financial support for the family in case of unfortunate death of the life assured during the policy term. If the LIC policyholder survives the maturity term, then the plan offers a guaranteed base sum-assured amount.
The approximate percentage change in a bond’s price for a 1% change in yield to maturity is given by:
The Basel III capital regulations were implemented in India with effect from _________ and have been fully implemented as on____________.
What is the primary focus of the partnership between NPCI International Payments Ltd. (NIPL) and the Bank of Namibia?
What is the term used to describe the issuance of securities, whether debt or equity, to a select group of investors such as banks, mutual funds, high n...
Which of the following instruments is not a part of money market?
Customer service in a bank branch has been disrupted for 2 hours, due to failure of the central server. What type of risk is this?
The Reserve Bank of India uses which of the following instrument/s for managing the surplus liquidity in the system?
A.     Reverse repo au...
 Packing credit limits are granted _________
Which FYP was based on the Ashok Rudra Menon Model?
Calculate the Fixed Assets Turnover Ratio.