Question
___________ is the liability arising from contractual
agreements in which it is stated that some losses, if they occur, are to be borne by specific parties.Solution
Insurance that covers liability of the insured assumed in a contract. Under the standard commercial general liability (CGL) policy, such coverage is limited to liability assumed in any of a number of specifically defined insured contracts or to liability that the insured would have even in the absence of the contract.
In capital budgeting, the profitability index method is also known as:Â
What will be the exchange gain/loss on USD Forward Sale contract booked at 85.12, and cancelled on maturity at 84.30 INR/USD?
Which of the following are usually trader over the counter:
Pradhan Mantri Jan Dhan Yojna aims to provide universal access to banking facilities with at least one basic banking account for every household, finan...
Under the SARFAESI Act, what is the maximum period within which an Asset Reconstruction Company (ARC) is required to resolve an NPA after acquiring it?
Which of the following documents’ information is considered for calculating the investment in plant and machinery or equipment , for an existing enter...
Which ethical theory challenges traditional principles and emphasizes caring relationships?
The credit control committee should be headed by which of the following?
What is the maximum loan-to-value (LTV) ratio allowed for loans sanctioned by banks against the pledge of gold ornaments and jewellery for non-agricultu...
What is the provisioning requirement for a standard asset for fund based facilities of Farm Credit to agricultural activities, individual housing loans ...
