Consider the following statement:
1. Life Insurance Corporation of India is the oldest insurance company in India.
2. National Insurance Company Limited was nationalized in the year 1972 and made a subsidiary of General Insurance Corporation of India.
3. Headquarters of United Indian Insurance Company Limited are located at Chennai.
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Assertion(A): Balance of Payments represents a better Picture of a country’s economic transactions with the rest of the world than the Balance of Trade.
Reason(R): Balance of Payments takes into account the exchange of both visible and invisible items whereas balance of Trade does not.
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Which one of the following statements is correct? Fiscal Responsibility and Budget Management Act (FRBMA) concerns:
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Which one of the following is the correct statement? Service tax is a/an:
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Which one of the following Indian banks is not a nationalized bank?
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