The risk weights are assigned as per the credit, market and operational risk associated with an asset. Investment in Government bonds/securities carries low risk. The risk weight assigned to them as per RBI is 2.5%. While the loans guaranteed by Government of India or State government carries 0% risk. Housing loans carry 50-100% risk weight while retail or personal loans carry 100-125% risk weight.
The contractual term for the premium in an insurance contract is known as:
Which Section of the IRDA Act 1999, specifies the Duties, Powers and Functions of the Authority?
What is the minimum group size in Micro Insurance Schemes?
In Insurance policies we always find a date which is “Date of Maturity”. What does it mean?
Under Pradhan Mantri Jeevan Jyoti Bima Yojana, the life coverage available until the age of ______.
Which among the following is the first Indian life insurance company to begin operations in India?
Any insurance risk resulting from a human decision is called?
In India _______________ insurance is mandatory.
The insurance companies collect a fixed amount from its customers at a fixed interval of time. What is it called?
Which of the following is the first life insurance company in India?
