Question
Which of the following should be excluded while
calculating Gross national Product?Solution
A transfer payment is a payment of money for which there are no goods or services exchanged. Transfer payments commonly refer to efforts by local, state, and federal governments to redistribute money to those in need. Transfer payments are not incorporated in the Gross National Product (GNP) because there are no goods or services offered in return.
Which of the following company is not a foreign insurance company?
A method of permitting the final premium for a risk to be adjusted, subject to an agreed-upon maximum and minimum limit based on actual loss experience ...
Machinery Breakdown insurance covers:
The fixed income that one gets after the retirement is also known as ________.Â
“Prithvi, Agni, Jal, Akash, SabkiSurakshaHamarePaas” is the tagline of which insurance company?
To which of the following thing we can do insurance?
Section 39 of Insurance Act related with which of the following ?
What percent shares of New India Assurance Co Ltd is owned by Government of India?
A form of life insurance coverage payable to a third party lender/mortgagee upon the death of the insured/mortgagor for loss of loan payments is termed as?
In the context of insurance, what does "exposure" refer to?
