Roles and Features of Insurance Sector

IMPORTANT

Roles and Features of Insurance Sector: Overview

This topic covers concepts, such as Roles of Insurance Sector, Features of Insurance Sector, and Fundamental Principles of Insurance.

Important Questions on Roles and Features of Insurance Sector

EASY
IMPORTANT

A foreign company is not allowed to hold at any time, more than ______ percent of the total paid-up equity of the Indian insurance company.

EASY
IMPORTANT

The Private equity investors shall not hold more than _____ percent of the paid-up equity share capital of the Indian insurance company.

HARD
IMPORTANT

Which feature of Insurance may lead to a charge of higher premium?

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How does insurance help in Employment generation?

HARD
IMPORTANT

What is the feature of Insurance followed that pays the insured in case of loss?

EASY
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How does insurance help in promoting economic growth?

HARD
IMPORTANT

Which of the following is not a feature of Insurance?