Question
What is the maximum quantum of award/compensation that
can be awarded by Ombudsman of PFRDA?Solution
PFRDA appoints an ombudsman to resolve grievances relating to the National Pension System (NPS) and Atal Pension Yojana (APY). The Ombudsman has the power to pass orders and impose fines. Ombudsman can pass awards up to Rs. 10 lakh. Grievances could include issues like delay in remitting pension contributions to the NPS account, even though they have been deducted from the subscriber’s salary.
In India _______________ insurance is mandatory. Â
A clause that allows the transfer of rights under a policy from one person to another, usually by means of a written document is called?
What is a coverage for bodily injury or property damage caused by an intoxicated person who was served liquor by the policyholder?
A coverage that protects businesses engaged in electronic commerce from losses caused by hackers is termed as?
Third-Party Administrators (TPAs) are primarily involved in:Â
A form of life insurance coverage payable to a third party lender/mortgagee upon the death of the insured/mortgagor for loss of loan payments is termed as?
Commercial coverage against losses resulting from the failure of business debtors to pay their obligation to the insured, usually due to insolvency is t...
Name the insurance company which is the pension fund manager of the Scheme “Kisan Maan-Dhan Yojana”(KMY) .
Which of the following person is basically the representative of the customer and can sell the policies of more than one insurer?
Who is the author of the book titled “The Poverty Of Political Economy: How Economics Abandoned the Poor?”
