Q. How is compliance with social sector obligations determined for both general and life companies?

View solution

Q. Where should insurers submit returns regarding rural and social sector obligations?

View solution

Q. What role does micro-insurance play in the growing Indian insurance industry?

View solution

Q. What is the primary goal of micro-insurance?

View solution

Q. In the context of micro-insurance, what is the role of micro finance institutions (MFIs)?

View solution

Q. What are some scenarios where micro-insurance can be beneficial?

View solution

Q. What role does the insurance company play in micro-insurance?

View solution

Q. What are some risks covered under micro-insurance?

View solution

Q. Which of the following is not a product offered under micro-insurance?

View solution

Q. In what situations can micro-insurance be particularly beneficial?

View solution

Q. What is the ultimate aim of microfinance?

View solution

Q. Who is credited with conceiving the idea of forming a microcredit institution during a great famine in Bangladesh?

View solution

Q. Which of the following is the most well-known international example of a microcredit institution?

View solution

Q. When did the concept of micro-financing receive global appreciation?

View solution

Q. What was recommended by the Consultative Group regarding the status of micro-insurance in India?

View solution

Q. What suggestion was made regarding the distribution channel for micro-insurance?

View solution

Q. How were micro-insurance agents proposed to be compensated for their additional services?

View solution

Q. What language recommendation was made for policy literature and documents in micro-insurance?

View solution

Q. What are the three types of entities allowed to act as micro-insurance agents according to the Micro-Insurance Regulations?

View solution

Q. What requirement needs to be fulfilled before a micro-insurance agent enters into an agreement with an insurer?

View solution