Question
Which one of the principles of insurance denotes a
positive duty of the person seeking insurance to voluntarily disclose accurately and fully?Solution
Utmost Good Faith is one of the principles that insurance is based on. It denotes a positive duty of the person seeking insurance to voluntarily disclose accurately and fully, all facts material to the risk being proposed whether requested or not.
The Headcount Ratio (percentage of people below poverty line) falls, but the Poverty Gap Index rises. This situation indicates:Â
What is a key feature of Microsoft Excel for data analysis?
How many accounts were opened under the Jan Dhan Yojana as of August 2024?
Which of the following does not enter into the calculation of national income?
What is forfeiting in the context of international trade?
The Financial Services Institutions Bureau (FSIB), constituted in July 2022, was set up by the Government of India with which of the following primary o...
The process of identifying and tracking high-potential employees who will be able to fill top management positions when they become vacant is known as
Which of the following risk factors pose business risk to an entity?
                     I.       Sales volume and...
What new regulatory framework did SEBI introduce to redefine market capitalization computation for listed companies?
Given that the money discount rate is 19% and Inflation is 12%, what will be the real rate of interest?
