Question
What is a quota share treaty?
Solution
In a quota share treaty, the insurer cedes a fixed percentage of every risk to the reinsurer. Both the premium and the losses are shared proportionally between the insurer and the reinsurer.
GSTN is a -----------
An entry with more than one debit or credit is known as
In a manufacturing company, which of the following best represents a preventive control?
Which of the following is considered as nominal account?
As per the Companies Act, 2013, the audit committee shall have powers:
(i) to investigate any activity within its terms of reference
(ii) ...
In international wire transfers, which role does a SWIFT Code play for the sender and the beneficiary?
The Financial Inclusion Index published by RBI is based on which three dimensions?
What is the formula for calculating operating leverage?
A company enters into a contract to construct a specialized asset over 4 years. At the end of Year 2, total costs incurred are ₹60 lakh, estimated tot...
Which of the following statements are true or false?
Statement 1: Management of cash means management of cash inflow.
Statement 2: Cash ma...
