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The minimum CRR level of 3.0 per cent and the maximum CRR level of 20 per cent of total of banks' demand and time liabilities remain as per the extant provisions of Section 42(1) of the Reserve Bank of India Act, 1934. However since 2006 there is no minimum or maximum level of CRR that needs to be fixed by the central bank of India.
Which of the following terms is NOT associated with insurance?
What is the primary purpose of a "burning cost" analysis?
The General Insurance Corporation of India was incorporated as a company in which year?
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?
What is the difference between a "condition" and a "warranty" in an insurance policy?
2000 factories require a Sum Insured of Rs.10 crores each. Statistically, we know that 2 factories get destroyed by fire each year. However, we do not ...
What is an insurance purchased by a bank or creditor on an uninsured debtor’s behalf so if the property is damaged, funding is available to repair it?...
What is a Coverage protecting property against losses caused by a fire or lightning that is usually included in home owners or commercial multiple peri...
A policy that covers the loss of profits due to damage to machinery is:
Any insurance risk resulting from a human decision is called?
