Correct Answer : Term Insurance Plan
LIC”s Anmol Jeevan II Plan is a pure term plan with no bonus facility. Thus, if the Life Insured dies within the policy tenure, the death benefit is payable to the nominee and nothing is payable on the maturity of the policy.
Correct Answer : SEBI
Reserve Bank of India, Insurance Regulatory and Development Authority, Forward Market Commission India, Pension Fund Regulatory and Development Authority are the regulatory bodies in India.
Correct Answer : IRDA
Correct Answer : Asset Liability Management
Correct Answer : Public revenue and expenditure
Fiscal Policy is concerned with public revenue and public expenditure and debt. Fiscal policy helps to ensure economic stability and economic growth. During inflation, revenue is decreased.
Correct Answer : Employees
Correct Answer : Cabinet Committee on Economic Affairs
Correct Answer : Financial Stability and Development Council
Correct Answer : Postal Life Insurance
Postal Life Insurance : PLI offers the following six types of policies : Whole Life Assurance (Suraksha)
Correct Answer : International Financial Reporting Standards
International Financial Reporting Standards (IFRS) were established to bring consistency to accounting standards and practices, regardless of the company or the country. They are issued by the Accounting Standards Board (IASB) and address record keeping, account reporting, and other aspects of financial reporting.
