Important Points for IC 26 - Life Insurance Finance Exam
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The trading of shares of listed companies happens in the secondary market.
In an Initial Public Offering (IPO), the process of distributing shares to applicants is known as allotment of shares.
In a unit linked insurance plan (ULIP), the insured get the option to participate in the growth of capital markets.
NABARD plays a significant role in meeting the credit needs of agriculture.
Solvency is the capacity of an organisations assets to cover its liabilities, i.e. to pay its debts. It is different from liquidity.
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