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The Agreement on the Application of Sanitary and Phytosanitary Measures (“the SPS Agreement”) sets out the basic rules for food safety and animal and plant health requirements. It allows countries to set their own standards Sanitary and phytosanitary measures, by their very nature, may result in restrictions on trade. All governments accept the fact that some trade restrictions may be necessary to ensure food safety and animal and plant health protection The SPS Agreement, while permitting governments to maintain appropriate sanitary and phytosanitary protection, reduces possible arbitrariness of decisions and encourages consistent decision-making. Due to differences in climate, existing pests or diseases, or food safety conditions, it is not always appropriate to impose the same sanitary and phytosanitary requirements on food, animal or plant products coming from different countries. Therefore, sanitary and phytosanitary measures sometimes vary, depending on the country of origin of the food, animal or plant product concerned. This is taken into account in the SPS Agreement.
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...
Which of the following is NOT a factor that affects the premium of a motor insurance policy?
In which type of insurance, schemes are offered by insurance companies to provide certain classes of individuals, the benefit of insurance coverage at m...
An independent professional person registered under the Insurance Act who represents the insurance buyer to purchase the insurers policy is known as?
A policy that covers the loss of money in transit is:
Which amongst the following is not an insurance company functioning in India?
What is the Fee paid to an agent or insurance salesperson as a percentage of the policy premium?
Which among the following banks is a subsidiary of the Life Insurance Corporation of India (LIC)?
Which of the following Section of IRDAI Act 1999 provides for establishment of Insurance Advisory Committee?
Market is a place of ______.