Question
Which Section of the Insurance Act defines ‘General
Insurance Business’?Solution
Section 2(6B) of the Insurance Act defines ‘General Insurance Business’ as fire, marine or miscellaneous insurance business whether carried on singly or in combination with one or more of them.
More Accounts Questions
Which of the following is not the fixed cost?
Match List I with List II IMD uses the aridity index on the basis of (PE-AE)/PE to assess fortnight drought situation over India
