Question
Which of the following insurance compensates for the
cost of repairing or replacing defective products past the normal warranty period provided by manufacturers?Solution
A warranty is a type of guarantee that a manufacturer or similar party makes regarding the condition of its product. It also refers to the terms and situations in which repairs or exchanges will be made in the event that the product does not function as originally described or intended.
What is the minimum tenure of deposits to be taken by NBFCs?
In SFMS, M denotesÂ
Stale cheque is a ___.
BCSBI was set up to ensure that the common person as a consumer of financial services from the banking Industry is in no way at a disadvantageous positi...
Obligations under Prevention of Money Laundering Act 2002 is defined under which section?
Which committee is related to the Reforms related to Non-Banking Financial Companies (NBFC)?
Under PPI user can transfer funds from one mobile wallet to another. As RBI is soon to allow inter-operability among PPIs. PPI stands for
What is SARFAESI about?Â
According to Basel II, what are the three types of risks?
I. Operational risk
II. Financial risk & infrastructure risk
III. Mar...
What is Reverse Mortgage?