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.
Who is the CEO of HDFC Bank?Â
In the Union Budget 2023-24, Government indicated that an Urban Infrastructure Development Fund (UIDF) will be established. This fund will be managed b...
The acronym SRO, being used in the capital market for various market participants, stands for which one of the following?
Consider the following statements with respect to the Central Bank of Digital Currency (CBDC)-
I.CBDC in simple terms is known as a digital bankn...
Consdier the following statement about International Food Policy Research Institute (IFPRI):
I. IFPRI was established in 1976.
II. It prov...
Fill in the Blanks:
_____________ involves changing the interest rate and influencing the money supply. _____________ involves the government ...
A market in which there are large numbers of sellers of a particular product, but each seller sells somewhat differentiated but close products is termed...
The Reserve Bank of India regulates the commercial banks in matters of :
1. liquidity of assetsÂ
2. branch expansion
3. merger of ...
India and _____________ have agreed to step up their Clean Energy and Climate Partnership.
The upper limit for FDI in Insurance Sector is increate to ____ % from 49%.
