Which of the following is not a characteristic of bullion?
1) It is traded on commodity exchanges.
2) It is typically bought and sold based on its weight and purity.
3) It may be in the form of coins.
Bullion is traded on commodity exchanges and is typically bought and sold based on its weight and purity. Therefore, statement 2 is correct. However, it is not necessary for bullion to be in the form of coins or jewelry. Therefore, statements 1 and 3 are correct.
What is the FDI limit in the Insurance sector?
What is a life insurance policy that remains in force for the policyholder’s lifetime?
An extension of endowment plans is known as which policy?
The Life Insurance Corporation of India (LIC) came into existence in which year?
In India, insurance has a deep-rooted history. It finds mention in the writings of?
If you might want to discontinue the policy, and take whatever money is due to you. The amount the insurance company then pays is known as?
How many Insurance Ombudsman are functional in India?
A section of the risk-based capital formula calculating requirements for reserves and premiums is termed as?
Which of the following are authorized only to maintain the policies in electronic form and provide a service record of all insurance policies?
Insurance Policy which is provided as an additional layer of security to those who are at risk for being sued for damages to other people’s property o...
