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.
According to the revised review of regulatory framework for Housing finance company (HFCs), what is the reduced ceiling on the quantum of public deposit...
Which of the following is one of the objectives of RBI’s Retail Direct Scheme?
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In the context of the Indian Renewable Energy Development Agency Limited (IREDA) receiving approval from the Department of Investment and Public Asset M...
Regarding the Jan Shikshan Sansthan Scheme (JSS) consider the following statements:
1)Â Â Â The nodal ministry for JSS is the Ministry of Edu...
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In banking terminology, what does the term "Banker’s lien" refer to?
Which of the following is a committed cost as disclosed in notes to Balance Sheet?
