Question
Which of the following things will RBI do if it has to
combat raising inflation? ÂSolution
RBI has to sell government securities, increase bank rate, increase policy rate, etc, so that banks have left less money to lend then people borrow less, demand goes down and the result of it is the prices of goods and services also goes down. This is how, RBI decreases the inflation rate. Â
In case of ambiguity in policy wording, which rule is applied?
Insurance Repository is a company formed and registered under which act?
How many companies were merged to form the United India Insurance Company (UIIC)?
A legal concept that holds gun manufacturers liable for the cost of injuries caused by guns. Several cities have filed lawsuits based on this concept is...
An independent professional person registered under the Insurance Act who represents the insurance buyer to purchase the insurers policy is known as?
Which type of risks are not insurable ?
Which of the following institution was setup with the objective of promoting exports from the country by providing credit risk insurance and related ser...
When insurance companies undercut each other to grab market share by reducing premium, it is known as:
What is a life insurance policy that remains in force for the policyholder’s lifetime?
A policy that covers the employer's loss due to dishonest acts of employees is:
Relevant for Exams:
