Question
Which of the following organisations is mandated to
develop Minor Forest Produce (MFP)?Solution
The Tribal Cooperative Marketing Development Federation of India (TRIFED) came into existence in 1987. It is a national-level apex organization functioning under the administrative control of Ministry of Tribal Affairs. The ultimate objective of TRIFED is socio-economic development of tribal people in the country by way of marketing development of the tribal products such as metal craft, tribal textiles, pottery, tribal paintings and pottery on which the tribals depends heavily for major portion of their income. It mainly undertakes two functions viz. Minor Forest Produce (MFP) development and Retail Marketing and Development. MFP is an important source of livelihood for tribal people. This includes all non-timber forest produce of plant origin and include bamboo, canes, fodder, leaves, gums, waxes, dyes, resins and many forms of food including nuts, wild fruits, honey, lac, tusser etc.
___________ is a type of life insurance policy designed to pay a lump sum on maturity or on death.
An adjustable life insurance under which premiums and coverage are adjustable, company’s expenses are not specifically disclosed to the insured but a ...
Coverage against loss through stealing by individuals not in a position of trust is called?
_______ in the insurance industry involves an applicant gaining insurance at a cost that is below their true level of risk.
The 'No Claim Bonus' can be lost if:
A document given to an applicant for life insurance stating that the company’s acceptance is contingent upon determination of the applicant’s insura...
The 'Insured's Declaration' form is used to:
Which of the following is NOT a key expense considered in premium calculation?
_________ is the first and fundamental step towards becoming an IRDAI Agent/Insurance Advisor.
Which of the following is NOT a conventional classification of general insurance under the Insurance Act, 1938?