Question
The process of determining the cost of an insurance
policy based on the actual loss experience determined as an adjustment to the initial premium payment is termed as?Solution
Retrospective rating is an insurance pricing method in which the premium is directly affected by losses that occur during the policy period. The insured pays a provisional premium based on projected losses. Retrospective rating is commonly used in workers compensation insurance.
How much funding did the Coalition for Disaster Resilient Infrastructure (CDRI) announce for urban infrastructure resilience in LMICs and SIDS?
The Pallava dynasty, known for its temple architecture, was founded by:
In early 1990s banking system was struggling with large NPAs. Approximately what percent of the loans were non-performing in 1994?
Recently Prime Minister inaugurated 60 Mega-Watt Tuirial Hydro-power Project in the state of:
Who is the author of the book "Guldast Twarikh-e-Koh"?
In which state is Fort Madikeri located?
In India, which state has the longest length of highways?
WEF ranked India at which place on the Inclusive Development Index ?
Selling insurance is not a primary function of a bank.
Which of the following lake-location pairs is incorrectly matched?
(I) Chilika Lake - Odisha
(II) Kolleru Lake - Andh...
