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Explanation: Section 2(8) authorised capital- “authorised capital” or “nominal capital” means such capital as is authorised by the memorandum of a company to be the maximum amount of share capital of the company.
In India, insurance has a deep-rooted history. It finds mention in the writings of?
An agreement between an insurance company and an agent, granting the agent authority to write insurance from that company is called?
Which of the following is a policy document which is an evident of insurance contract issued by an insurer digitally signed in accordance with the appli...
What is the CRISIL rating for New India Assurance Co Ltd ?
The Insurance Ombudsman was established to:
What is the purpose of "reinsurance treaties"?
Contract under which the ultimate liability of the reinsurer is capped and on which anticipated investment income is expressly acknowledged as an underw...
Which of the following is NOT a duty of the insured in case of a loss?
One of the methods of reducing insurance cost of an insured is __________.
What is the grace period in case of monthly premium payment mode in insurance?