Question
If you might want to discontinue the policy, and take
whatever money is due to you. The amount the insurance company then pays is known as?Solution
The cash surrender value is the sum of money an insurance company pays to a policyholder or an annuity contract owner in the event that his or her policy is voluntarily terminated before its maturity or an insured event occurs.
When was the Banking Regulation Act passed?
Where is the headquarter of UCO bank?
In which year the first Bank of India was established?
Which of the following is true about Cash Credit (Bank Loan)?
I. Cash credit is an arrangement whereby the bank allows the borrower to draw am...
Which one of the following was one of the Presidency Banks?
Who gets the status of Public Sector Banks of India?
In which year the first Bank of India was established?
Which economy is called as Closed Economy?Â
Which of the following statements is true about Debt-Service Ratio?
Following are the instruments having a maturity period of less than one year. Which of the following is / are Money Market Instrument?