Explaining amc and insurable interest


1) What do you mean by repo-rate?

2) What is a commercial bank? Explain its basic functions?

3) What do you mean by tele-banking? Explain in detail.

4) What are the smart cards?

5) What is pledge and hypothecation?

6) What do you mean by NAV?

7) What do you mean by AMC?

8) What do you mean by Insurable interest? Describe in detail.

9) What do you mean by Subrogation?

10) Define a financial institution? What are the different kinds of financial institutions?

11) What do you mean by central bank? What are the main functions of it?

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