Cash reserves of Schrduled Bank are to be maintained with the Reserve Bank of India. As provided under The Reserve Bank of India Act, 1934 S. 42. Cash reserves of scheduled banks to be kept with the Bank (1) Every bank included in Scheduled II shall maintain with the Bank an average daily balance the amount of which shall not be less than three per cent of the total of the demand and time liabilities in India of such bank as shown in the return referred to in sub-section (2)
Intangible assets cover non-physical assets that cover ________________.
How many part-time members is appointed by the Government of India in the Composition of IRDAI?
What percent shares of New India Assurance Co Ltd is owned by Government of India?
Which of the following is NOT a factor considered by insurers while determining premium rates for motor insurance?
What type of insurance covers goods in transit by road, rail, sea, or air against various risks?
Once an insurance company has paid up to the limit, it will pay no more during that year is known as?
Identify the scenario where a debate on the need for insurance is not required.
Which of the following is a public sector general insurance company in India?
A motor insurance policy can be cancelled by:
The 'No-Claim Bonus' is a discount offered by insurers for: