Question
Under which type of plans, the sum assured is paid at
the end of the term as maturity or on the death of the insured during the term of the policy?Solution
Endowment assurance: Under this type of plans, the sum assured is paid at the end of the term as maturity or on the death of the insured during the term of the policy. This is available as With Profits (Bonus) or Without Profits type.
Name the risk which arises when bank’s image is not good and that leads to public’s loss of confidence in the bank.
Right of Children to Free and Compulsory Education Act was a watershed moment in India’s history as it ensured full time elementary education of sati...
The risk that loss may arise on account of trading in SLR and other securities by a bank is classified as ______
Which of the following banks will not carry any credit risk?
What is the main focus of SIDBI’s initiative "Mission Swavalamban 2.0"?
According to Union Budget 2023-24, consider the following statements regarding the socioeconomic welfare measures proposed by the government:Â
1...
Where did India Exim Bank open its East Africa Representative Office to enhance trade and business ties?
The concept of "morale" refers to the overall emotional and psychological state of a group or organization, influencing their willingness to cooperate a...
As per the Companies Act the conditions under which a person is ineligible for appointment as a director of a company ____________
A construction company receives advance from customer, against the contract of constructing a bridge. But the construction company does not take this to...
