Mrs. Sharma, a 40-year-old widow, has an 8-year-old son. Her current savings are not adequate to provide for her son's post graduate studies, however she will be able to save for it by the time he finishes graduation i.e.
when he is 20 years old. Mortality tables indicate that her life expectancy is another 30 years.
Which one of the following is true?

The operatives Guidelines for Banks on Mobile Transactions in India were issued

The difference between a wagering contract and insurance contract is ___________.

Which of the following is/are the basic classification of financial risk?

What is the Relationship of Banker with the payee of a draft issued by the Bank?