Question
IRDA has the power to frame the regulations under
section ___of the Insurance Act. 1938. ÂSolution
IRDAI frames regulations for insurance industry in terms of Section 114A of the Insurance Act 1938. Section 114A gives the power to IRDA to make regulations consistent with the Insurance Act and to carry out the purpose of the Act. The section 114 gives power to the Central government to make rules under this Act while Section 112 of Insurance act allows insurer carrying on the business of life insurance to declare an interim bonus or bonuses to policy ‑ holders.
Select the most appropriate antonym of the given word.
TURBULENT
One who always looks at the brighter side
Stultify
In the following questions, a word is followed by four choices. Select the choice that is nearly most opposite in meaning to the given word.
ACQUIT
- Select the most appropriate option to substitute the underlined word in the given sentence.
The cost of living has risen so drastically in the last... amicable
Select the most appropriate option to substitute the bold segment in the given sentence.
Abu said that he saw the picture.
Someone who is a passionate advocate, promoter, or pioneer of a particular cause or beliefÂ
Apostate
Select the word which means the same as the group of words given.
Something causing shock or dismay
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