According to the UN, over seven percent of India's population owns digital currency and reported that the use of cryptocurrency rose mainly during the pandemic. The UN trade and development body UNCTAD reported that in 2021, developing countries accounted for 15 of the top 20 economies in terms of the population that owns cryptocurrencies. In India, 7.3 per cent of the population owned digital currency in 2021 and is ranked seventh in the list of top 20 global economies for digital currency ownership as share of the population. Countries that were on the top of the list include - Ukraine topped the list with 12.7 percent, followed by Russia (11.9 pecent), Venezuela (10.3 percent), Singapore (9.4 percent), Kenya (8.5 percent and the US (8.3 percent). United NationsHeadquarters: New York, USA Secretary General: Antonio Guterres UNCTAD Headquarters: Geneva, Switzerland Secretary-General: Rebeca Grynspan
Insurance is, thus, a financial tool specially created to reduce the financial impact of unforeseen events and to create______.
What does IRDA mandate for surveyors handling losses above INR 20,000?
A document given to an applicant for life insurance stating that the company’s acceptance is contingent upon determination of the applicant’s insura...
Which of the following committees recommended the introduction of the Rural Postal Life Insurance?
A contract, such as an insurance contract, requiring that certain acts be performed if recovery is to be made is known as?
The process of determining the cost of an insurance policy based on the actual loss experience determined as an adjustment to the initial premium paymen...
What does the preamble of an insurance policy NOT typically include?
The operative clause in an insurance policy is also known as:
A standing agreement between insurers and reinsurers. Under a treaty each party automatically accepts a specific percentage of the insurer’s business ...
A section of the risk-based capital formula calculating requirements for reserves and premiums is termed as?