Question
What is the Fee paid to an agent or insurance
salesperson as a percentage of the policy premium?Solution
A commission is a service charge assessed by a broker or investment advisor in return for providing investment advice and/or handling the purchase or sale of a security. Most major, full-service brokerages derive much of their profits from charging commissions on client transactions.
Which of the following is/are “inflation measuring indices” in India?
1. Consumer price index
2. Wholesale price index
...
________ determines the extent of centralisation and dispersion of authority in the organisation. It depends on the philosophy and perception of individ...
What is the new limit for Mudra loans as per the Union Budget 2024-2025?
What is the maximum subsidy for ZED-certified MSMEs under the handholding support?
S, an entity had 500 units of product X at 30 June 2015. The product had been purchased at a cost of $18 per unit and normally sells for $24 per unit. R...
How does ethical behavior contribute to sustainable business performance?
In a leveraged buyout (LBO), what is the primary source of funds used for the acquisition of a company?
Public Provident Fund account is one of the most popular government-backed saving schemes in India . What is the interest rate payable on PPF for the qu...
What is the maximum assistance provided for Infrastructure Development under MSE-CDP?
As per Companies Act 2013, a company can vary the objects for which the prospectus was issued and raise capital from the public for any of the followin...
