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When a company raises a long-term loan, it involves borrowing funds from external sources, typically from banks or financial institutions. The funds obtained through the loan are recorded as a liability on the company's balance sheet since they represent an obligation to repay the borrowed amount over time. This transaction leads to the flow of funds into the company, increasing its available cash or resources.
Under which type of plans, an insurance that provides coverage at a fixed rate of payments for a limited period of time is called?
The General Insurance Business in India was nationalized in which year?
This broad type of coverage was developed for shipments that do not involve ocean transport is known as?
A section of the risk-based capital formula calculating requirements for reserves and premiums is termed as?
A Mutual Fund’s SIP is essentially a staggered payment over a defined period of time with a defined contribution by the investors. What is the expansi...
Which committee is associated with insurance sector ?
A policy that covers the cost of repairing or replacing plate glass is:
What is the purpose of "mitigation of loss"?
A risk or damage covered by an insurance policy is called as?
The free-look period is of how many days ?
