Question
Which of the following funds is an Initiative by
Government of India to cater to the borrowing requirements of Public Sector by pooling investments from retail.Solution
BHARAT Bond ETF is an Initiative by Government of India to cater to the borrowing requirements of Pubic Sector by pooling investments from retail, HNI and institutional investors. Edelweiss Asset Management has been given the mandate to manage this BHARAT Bond ETF program. BHARAT Bond Exchange Traded Fund is a low-cost basket of CPSE bonds that follows an index and trades on the stock exchange. The ETF would follow the underlying index which will comprise bonds issued by CPSEs, CPSUs/CPFIs and other Government organizations. ETF and indices will have a specific maturity date. For instance, BHARAT Bond ETF - April 2025 and the underlying index both will mature in April 2025.
In case of ambiguity in policy wording, which rule is applied?
The 'No Fault Liability' provision in the Motor Vehicles Act, 1988 is applicable to:
The Life Insurance Business in India was nationalized in which year?
Process of transferring life insurance to another person is called _____ of policy.
In the context of insurance, what does "exposure" refer to?
The first unit-linked insurance plan (ULIP) was launched by which of these countries?
Under which type of plans, an insurance that provides coverage at a fixed rate of payments for a limited period of time is called?
What do you mean by money back policy in insurance?
In which year, the Actuaries Act was passed by Indian government?
_______ is basically a trade in which imported goods are re-exported with or without any additional processing or repackaging.
Relevant for Exams:
