Questions related with Indian Economy, Indian Geography, Indian Polity, Indian History, Current Affairs, GK, etc. . . .
Bancassurance = Arrangement through which banks sells insurance products. (and earns Commission) “Bancassurance” system appeared in France in the 80s. According to Insurance law: one bank can work as Bankassurance agent for only one insurance company. (one for life insurance and one for non-life insurance) Meaning one bank cannot sell policies of multiple insurance companies
Explanation
ASIDE: Assistance to States for Developing Export Infrastructure and Allied Activities (ASIDE) Scheme It provides assistance to State and union territories to create infrastructure for export Development. Top 5 exporter states in India (also top-5 in terms of ASIDE allocation): Gujarat, Maharashtra, Tamil Nadu, Karnataka, and Andhra Pradesh.
REER-6:- US Dollar Hong Kong dollar Euro Pound sterling Japanese Yen Chinese Renminbi
IMF: Advanced Economies in ASIA (4) S.Korea Hong Kong Singapore Taiwan
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