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Export financier Exim Bank Launched its subsidiary- India Exim Finserve IFSC Private Limited - at the Gujarat International Financial Tec City (GIFT City). Exim Finserve will provide a combination of three services to exporters: receivables financing, coverage of the risk of non-payment and management of accounts receivable. This would lead to improved cash flow and reduced payment risk for exporters, enabling them to explore new markets. The factoring services by the first finance company in GIFT City in the area of export factoring would be particularly beneficial for MSME exporters as it is primarily based on the quality of accounts receivable, rather than collateral.
The 'Insured's Declaration' form is typically filled by:
When insurance companies undercut each other to grab market share by reducing premium, it is known as:
A form of reinsurance that indemnifies the ceding company for the accumulation of losses in excess of a stipulated sum arising from a single catastroph...
Which of the following is a public sector general insurance company in India?
Third-Party Administrators (TPAs) are primarily involved in:
A policy that covers loss or damage to a shopkeeper's property and business interruption is:
The Insurance Regulatory and Development Authority (IRDAI) was formed on the recommendation of which committee?
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called _________.
What type of insurance covers goods in transit by road, rail, sea, or air against various risks?
What is the minimum tenure of public provident fund?