Question
Which of the following is the main objective of the
District Mineral Foundation (DMF)?Solution
As per the MMDR (Amendment) Act, 2015, state governments must establish DMFs in all districts for the interest and benefits of the persons affected by mining-related operations; lease holders are required to contribute to these not-for-profit foundations as a defined percentage of royalty, in addition to the royalty paid to state governments.
Insurance Repository is a company formed and registered under which act?
In which year, the Actuaries Act was passed by Indian government?
Which of the following Section of IRDAI Act 1999 provides for establishment of Insurance Advisory Committee?
What does the preamble of an insurance policy NOT typically include?
What is the abbreviation of ADB in insurance?
Which of the following is NOT a key expense considered in premium calculation?
What is the maximum sum assured in life micro insurance product?
The insurance in which risks are shared between multiple insurers is known as?
In case of an individual, the proposed shareholding in the paid up equity capital of the insurance company is capped at _____________ percent
An extension of endowment plans is known as which policy?
