Question
An amount of premium for which payment has been made by
the policyholder but coverage has not yet been provided is known as?Solution
Unearned premium is the premium corresponding to the time period remaining on an insurance policy. These are proportionate to the unexpired portion of the insurance and appear as a liability on the insurer's balance sheet, since they would be paid back upon cancellation of the policy.
In ‘CAMELS’ what does C stand for?
The Union Cabinet recently approved National Green Hydrogen Mission. The initial outlay for the Mission will be _________.
Consider the following statements regarding economic survey 2022-23:
1.   In Wholesale Price Inflation (WPI), the weightage of primary art...
Which of the following products of a bank can have credit risk?
A. fund based loans
B. non fund based loans
C. treasury products
Which of the following costs would NOT be included while computing the Prime Cost of a product? Â
Which of the following is a feature of a defined contribution pension plan?
1) Guaranteed payout at retirement
2) Employee bears the inves...
Which one of the following is not a function of NABARD?
Which of the following would be considered a 'cash-flow item from an "investing" activity'?
The Working Capital Gap (WCG) is calculated as:
The company has to pay for the warehouse to keep its goods. The warehousing cost will be classified in the company's accounts as ________
