Question
Which private sector insurer , is set to incorporate a
not-for-profit company for housing the Bima Sugam platform - ‘Rashtriya Bima Sugam Nigam’ the cost of transaction of which is proposed to be up to 10,000 equity shares with a face value of Rs 10 each for cash at par?ÂSolution
ICICI Prudential Life Insurance, a private sector insurer, is set to incorporate a not-for-profit company for housing the Bima Sugam platform - ‘Rashtriya Bima Sugam Nigam’. The cost of the transaction is proposed to be up to 10,000 equity shares with a face value of Rs 10 each for cash at par, aggregating to 8.33 per cent of the initial issued and subscribed share capital in the First Tranche.
 The IFSCA shall consist of a Chairman and one Member each to be nominated by_______________________
What is the risk weight assigned to CRE-RH loans?
Which of the following statements is/are not correct in regards to the budget 2023-24?
1. 157 new medical colleges to be established
2. To...
What is the increased limit for e-mandates per transaction for subscription to mutual funds, payment of insurance premiums, and credit card bill payments?
Consider the following Statements and choose the option with correct Statements.
I- India had five major financial centres previously, namely, M...
120 units of semi-conductors are required to be sold to earn a profit of Rs.1,00,000 in a monopoly market. The fixed cost for the period is Rs.80,000....
What is the nominal value of the Sovereign Gold Bond Scheme 2023-24 - Series IV per gram of gold?
Which of the following can be sources of organisational control?
Which of the following is not a product being offered under the umbrella brand of GIFT Nifty?
If the MOS = 20,000 units and PV ratio is 60%. Calculate profit if revenue per unit is 4.
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