Question
What is the term used to describe the process of
discontinuing a product, service, or business unit due to low profitability or market demand?Solution
Retrenchment refers to the process of discontinuing a product, service, or business unit due to low profitability, market demand, or strategic reasons. It involves scaling back operations or divesting assets to focus on core business activities and improve overall performance.
As per the IRDA Act 1999, when IRDA was established, it replaced _______under Insurance Act 1938.
Which insurance company has become the second company to enter into the surety bonds business?
As per Global Financial Centres Index (GFCI), what is the rank of Mumbai?
How is a Banking Unit required to submit its report to the Authority?
Consider the following statements in regards to budget 2023-24:
1.Capital investment outlay is being increased steeply by 33% to Rs 10 lakh crore...
The IFSC Banking Unit (IBU) can be established under which of the following?
Which of the following institutions/treaties are engaged in setting up of financial standards and regulations that influence the global financial system?
How many financial centres were researched for the Global Financial Centres Index (GFCI) 33 edition?
A member of the IFSCA can resign from his office by giving in writing a notice to the Central Government of____________________
Which of the following are the achievements after the budget of 2014-15 till 2023 - 2024?
- 47.8 crores PM Jana Dhan Accou...
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