What is the main objective behind the creation of Regulations Review Authority by RBI?
Reserve Bank of India (RBI) said the Regulations Review Authority has recommended the withdrawal of additional 225 redundant circulars. RBI had set up the Regulations Review Authority (RRA 2.0) with an objective to reduce the compliance burden on regulated entities (REs). RRA 2.0 was set up in April 2021 to review regulatory instructions to remove redundant and duplicate ones, reduce the compliance burden on Regulated Entities (REs) by streamlining reporting structure; revoke obsolete instructions; and, wherever possible, obviate paper-based submission of returns.
IRDAI has the power to frame regulations under which of the following Section of the Insurance Act, 1938?
Coverage against loss through stealing by individuals not in a position of trust is called?
There is unlimited coverage to Third parties injury and Third party property damage is covered up to a sum of Rs ______.
In Insurance, CGL stands for?
If an organization wishes to venture into Insurance Business it has to obtain a licence firstfrom which of the following ?
As per the insurance act, early Death Claims can arise out of death during the first __________ policy years.
A coverage that protects businesses engaged in electronic commerce from losses caused by hackers is termed as?
Which of the below option best describes the process of insurance?
An endorsement added to an insurance policy, or clause within a policy, that provides additional coverage for risks other than those in a basis policy i...
The process of determining the cost of an insurance policy based on the actual loss experience determined as an adjustment to the initial premium paymen...