Question
________covers operators of nuclear reactors and other
facilities for liability and property damage in the case of a nuclear accident and involves both private insurers and the federal government.Solution
Nuclear hazards clause is property insurance policy language that excludes from coverage any damage caused by nuclear reactions, nuclear radiation or radioactive contamination. The nuclear hazards clause is intentionally broad to protect insurers against paying the extraordinarily large claims that could otherwise result from such events, whether they are controlled or accidental and whether the damage is direct or indirect. However, an insurance policy will still cover losses from certain otherwise covered events, such as fires or theft, even if those events are caused by a nuclear event.
Central Government’s PM FME scheme aims at providing financial, technical and business support to upgrade existing micro food processing enterprises....
Which of the following points are ‘correct’ with respect to the National Disaster Management Authority (NDMA)?Â
In the context of PMFBY, what does the term "Sum Insured" refer to?
The Solar Energy Corporation of India Ltd (SECI) recently attained which status as recognized by the Ministry of Finance?
Which of the following statements are True about various types of Deposits?
I- Demand deposits can be withdrawn at the wish of the depositor as t...
Consider the following items in the two tables and choose the Correct Option.
Table A Table B
I- National Defence Public Good
...In which month is the Rashtriya Poshan Maah celebrated annually?
How many central bank governors have received an "A+" rating in the Global Finance Central Banker Report Cards 2023?
Infant mortality is the death of young children under the age of ____________.
The Government of India has prioritised developing a robust and cost-efficient logistics ecosystem. To fulfil this vision, the logistics division of __...