Question
What is the revised additional capital buffer
requirement for SBI starting April 1, 2025, as per the RBI’s D-SIB framework?Solution
Starting April 1, 2025, SBI is required to increase its additional capital buffer to 0.80% of its risk-weighted assets from the current 0.60%. This measure ensures that systemically important banks maintain adequate capital to mitigate potential risks to the banking system and economy.
A policy that covers loss or damage to a shopkeeper's property and business interruption is:
A section of the risk-based capital formula calculating requirements for reserves and premiums is termed as?
Customer feels good irrespective of product he experiences ?
Which of the following categories of people will NOT be covered under Postal Life Insurance?
The portion of risk that a reinsurance company cedes or amount of insurance the company chooses not to retain is called?
In 1818, India’s first insurance company Oriental Life Insurance Company was established in which city?
Policy that can be cancelled or have the premium s raised by the insurer on a specific anniversary date, subject to certain reasons written into the pol...
Which of the following principles of Insurance denotes insurance of same subject matter with two different companies or with the same company under two ...
____________ is the ratio of the number of life insurance policy that lapsed within a given period to the number of policy in Force at the beginning of...
What is the primary goal of risk management?