Question
Until October 2023, what is the highest exchange value
of Pound Sterling in terms of INR, setting a record high since 1947?Solution
Highest: 107.72 INR on 13 Jul 2023. Average: 104.05 INR over this period. Lowest: 100.53 INR on 03 Oct 2023.
Specific questionnaires in insurance proposal forms are common for:Â
Why do insurers arrange for survey and inspection of the property before acceptance of a risk?Â
The coinsurance is specified by which of the following term?
The Vallarpadam Terminal, which is a container trans-shipment facility, was launched in February 2011. It is a part of which among the following ports?
Consider the following statement:
I. NCB is given to the insured and not to the insured vehicle.
II. On transfer of the vehicle, the ...
A policy that covers the cost of repairing or replacing damaged plant and machinery during construction or erection is:
Which of the below option best describes the process of insurance?Â
In which year, the Actuaries Act was passed by Indian government?
Which of the following is NOT a factor considered by insurers while determining premium rates for motor insurance?
Selling insurance through groups is called?