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In 2022, the central bank cancelled the license of 12 banks. A year before that, in 2021, RBI cancelled the license of three banks. In 2020, two cooperative banks were told to shut shop. RBI imposed monetary penalties citing violations in several cases with the amount ranging from Rs 50,000 to Rs 5 lakh.
Which of the following pools is managed by GIC?
What is the purpose of risk management for an insured?
In Insurance, CGL stands for?
__________ in insurance is the splitting or spreading of risk among multiple parties.
If a policy holder stops paying the premium after three years, but does not withdraw the money from his policy, then the policy is said to be?
Which among these is not a type of General Insurance plans?
I. Motor Insurance
II. Marine Insurance
III. Health Insurance
The 'Insured's Declaration' form typically includes information about:
Marine insurance certificates must always be:
Consumer Protection Act deals with:
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called _________.
