Question
Which term is used for extending financial support to a
company or a country facing a potential bankruptcy threat?Solution
Bailout  is a general term for extending financial support to a company or a country facing a potential bankruptcy threat. It can take the form of loans, cash, bonds, or stock purchases. A bailout may or may not require reimbursement and is often accompanied by greater government oversee and regulations. The reason for bailout is to support an industry that may be affecting millions of people internationally and could be on the verge of bankruptcy due to prolonged financial crises.
Who was appointed as the new Chairman of Insurance Regulatory and Development Authority of India (IRDAI) in August 2025?
What is the role of a surveyor in the claims process?
Which of the following is an example of Broad Form Insurance?
Selling insurance through groups is called?
Commercial coverage against losses resulting from the failure of business debtors to pay their obligation to the insured, usually due to insolvency is t...
What is the purpose of "co-insurance" in an insurance policy?
What type of insurance covers goods in transit by road, rail, sea, or air against various risks?
_______________ is not an indicator of service quality.
El-Nino develops in which of these oceans?
Which of the following insurance is mainly used for leased cars?
