Question
Which section of the Insurance Act deals with the
provisions relating to the restrictions on the opening of a new place of business?Solution
Explanation: Section 64VC Restrictions on opening of new place of business -No insurer shall, after the commencement of the Insurance (Amendment) Act, 1968, open a new place of business or close a place in India or outside India or change otherwise than within the same city, town or village, the location of an existing place of business situated in India or outside India, except in the manner as may be specified by the regulations
According to the Travel Cost Method (TCM) in economic valuation, which of the following is typically included in the calculation of "Travel Cost"?
In classical linear regression model if we add in 90 in X and Y observation and re-estimate the regression model then slope coefficient
If the sum of the product of the deviation of X and Y from their means is zero, the correlation coefficient between X and Y is:
Which of the following statements is NOT correct in the context of quantity theory of money?
The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30...
A Type I error occurs when we:
What is the supply curve of a firm in Perfect Competition?
You have a budget of Rs. 4000 and would like to purchase LPG cylinders from a local seller who charges Rs. 50 per cylinder. The seller has a subsidy sch...
According to the Taylor principle, for inflation to be stable, the central bank must respond to an
increase in inflation with...
Excess Capacity is not found in?
