Question
How many housing finance companies are included in the
upper layer under scale based regulation for NBFCs for the year 2023-24 according to the Reserve Bank of India?Solution
The Reserve Bank of India (RBI) on September 14 announced the list of non-banking finance companies (NBFCs) in the upper layer under scale based regulation for NBFCs for the year 2023-24. The list has 15 companies that include LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons Pvt Ltd among others.
Reinsurance placed with a company not authorized in the reporting company’s state of domicile is called?
The New India Assurance Co. Ltd. was a subsidiary of which of the following company?
What is the purpose of a "deductible" in an insurance policy?
What does the preamble of an insurance policy NOT typically include?
An individual who may become eligible to receive payment due to will, life insurance policy, retirement plan, annuity, trust, or other contract is known...
One of the methods of reducing insurance cost of an insured is __________.
What is the purpose of "File and Use" regulations?
Under Pradhan Mantri Jeevan Jyoti Bima Yojana, the life coverage available until the age of ______.
Which is the provision of insurance products by a bank?
_______ is basically a trade in which imported goods are re-exported with or without any additional processing or repackaging.
