The correct answer is B. It mandates that insurers must receive premiums before assuming any risk. Section 64VB of the Insurance Act 1963 states that no contract of insurance shall be valid unless the premium or the first installment of the premium has been paid.
When exchange rate in terms of domestic currency rises:-
What is the probability of getting atleast one head if three unbiased coins are tossed?
If money is neutral,
Which of the following statements is correct regarding IMF?
Accelerator theory of investment is the ratio of:
Which international body revised India's GDP growth forecast for the fiscal year 2024/25 to 6.8% recently (April 2024)?
In an economy, ceteris paribus, the value of imports decreased by Rs.100, what is the change in the value of output
Which of the following is not an instrument of Monetary Policy?
Which of the following statements is (in general) true?
A decrease in planned investment spending causes aggregate output to;
