Question
The return forgone for the undertaking an investment is
known as?Solution
A person has an opportunity to earn 10% return from the various alternative investments available for her to choose from. If he decides to invest in another project, he loses on an opportunity to earn 10% rate of return from the existing investment. Therefore, the return forgone for the undertaking an investment is known as opportunity cost of capital.
What is the term used to describe the process of transferring a portion of risk to another insurer?
Which among the following is not an element of active listening?Â
Consider the following statement:
I. NCB is given to the insured and not to the insured vehicle.
II. On transfer of the vehicle, the ...
Which type of risks are not insurable ?
Which among these factors are considered by the insurance companies to calculate the premium of car insurance policies?
The 'Insured Declared Value' (IDV) of a vehicle refers to its:
In which date the President of India gave his assent to the Insurance Regulatory and Development Authority Bill?
IRDAI has the power to frame regulations under which of the following Section of the Insurance Act, 1938?
Who is the chairman of 15th Finance Comission?
A motor insurance cover note is valid for how many days?
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