Explanation: Gross Domestic Product (GDP) measures the aggregate/total production of final goods and services taking place within the domestic territory of the country during a year. But it may be possible that the foreign nationals working within India have contributed in that GDP production. GNP is that income or product which accrues to the economic agents who are residents of the country. Thus, GNP is the value of all finished goods and services owned by a country's residents, whether or not those goods are produced in that country.
What is the Fee paid to an agent or insurance salesperson as a percentage of the policy premium?
Which of the following institution was setup with the objective of promoting exports from the country by providing credit risk insurance and related ser...
What is an extension of endowment plans?
A survey which is held to determine a properties insurable value is known as?
GIC was ceased to be a holding company of its subsidiaries in which of the following year?
What is a coverage that guarantees bondholders timely payment of interest and principal even if the issuer of the bonds defaults?
Which of the following is NOT a type of motor insurance policy?
What do you mean by money back policy in insurance?
Which of the following insurance is mainly used for leased cars?
The 'No-Claim Bonus' is a discount offered by insurers for:
