Question
The ceiling for declaration of dividend (dividend payout
ratio) for NBFCs who do not accept public deposits and funds is _______.Solution
The guidelines for declaration of dividend shall be applicable to all NBFCs regulated by RBI as below: (a) Applicable NBFCs as defined in Paragraph 2(2) of Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016; and (b) Applicable NBFCs as defined in Paragraph 2(2) of Non-Banking Financial Company – Non-Systemically Important Non-Deposit taking Company (Reserve Bank) Directions, 2016. These guidelines shall be effective for declaration of dividend from the profits of the financial year ending March 31, 2022 and onwards. 
Personal and business property coverage combining several types of property insurance in one policy is called?
The 'Third-Party Liability' cover in a motor insurance policy is mandatory in India as per the:
In which year General Insurance Corporation of India ( GIC ) notified as the Indian Reinsurer?
The central office of the Life Insurance Corporation of India (LIC) is located at?
Which type of policy is offered by an insurer for covering jewellery?
The fixed income that one gets after the retirement is also known as ________.Â
What is NOT an element of an insurance contract?
Consider the following statement:
I. Section 25 of IRDAI Act, 1999 lays down for establishment of Insurance Advisory Committee.
II. I...
The primary categories of insurance business in India are:
A policy that covers the cost of repairing or replacing damaged plant and machinery during construction or erection is:
