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Solution- Darjeeling tea was the first Indian product that was awarded the GI tag in 2004. Geographical indications are intellectual property rights which gives a sign to particular product from definite geographical origin and assure about its exclusive quality. It distinguishes the original product from other products in the market which helps in fetching premium price especially from the developed countries. The GI tags are of great significance as they boost exports and promote economic prosperity of the producer thereby leading to sustainable development. It is a mark of authenticity and ensures that registered authorized users or at least those residing inside the geographic territory are allowed to use the popular product names.
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?
