Question
Which of the following is NOT a primary objective of
the National Financial Awareness Program in India? 1 ) Promoting financial literacy among the general public . 2 ) Encouraging responsible financial behavior and savings . 3 ) Ensuring investor protection and market transparency . 4 ) Regulating the functioning of banks and financial institutions .Solution
While the National Financial Awareness Program in India aims to achieve multiple objectives, regulating the functioning of banks and financial institutions falls under the purview of the Reserve Bank of India ( RBI ) rather than the National Financial Awareness Program .
The Motor Vehicles Act, 1988 requires what document as proof of insurance?
Which of the following is NOT a factor that can influence the insurance market cycle?
An adjustable life insurance under which premiums and coverage are adjustable, company’s expenses are not specifically disclosed to the insured but a ...
A retrocessionaire is:Â
Contract under which the ultimate liability of the reinsurer is capped and on which anticipated investment income is expressly acknowledged as an underw...
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called?
The insurance companies collect a fixed amount from its customers at a fixed interval of time. What is it called?
How many insurance companies were merged to form the Life Insurance Corporation of India?
What is coverage for flood damage is available from the federal government under the National Flood Insurance Program but is sold by licensed insurance ...
Which among the following is an accidental insurance scheme?