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Explanation: On 21st July 2023, the Pradhan Mantri Vaya Vandana Yojana (PMVVY) completed five years, the scheme was formally launched in 2017 by the Ministry of Finance. The minimum investment required to participate in this scheme has been increased to Rs. 1,56,658 for a pension of 12,000 per year and to Rs. 1,62,162 for a pension of at least 1,000 rupees per month.
An environment where insurance is plentiful and sold at a lower cost, also known as a Buyer’s market is called?
What is the role of an actuary in the insurance industry?
A person named in a life insurance contract to receive the benefits of the policy if other named beneficiaries are not living is referred as ________.
The Private equity investors shall not hold more than _________ percent of the paid up equity share capital of the Indian insurance company.
In case of a motor accident, the first step to be taken by the insured is to:
A policy that covers the loss of stock due to refrigeration failure is:
What is the purpose of a "warranty" in an insurance policy?
Which of the following is NOT a common type of insurance policy?
Which part of the policy includes details such as policy duration and limits of liability?
What is the difference between a "condition" and a "warranty" in an insurance policy?
