Question
IRDA has the power to frame the regulations under
section ___of the Insurance Act. 1938.Solution
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.
_________ is the first country with which cross border Person to Person (P2P) payment facility has been launched.
Which of the following areas are challenging and need fresh initiatives for development in rural India?
(1) Development of human resources
...DAY-NRLM is the flagship program of Govt. of India for promoting poverty reduction through building strong institutions of the poor and enabling these ...
Right of Children to Free and Compulsory Education Act was a watershed moment in India’s history as it ensured full time elemen...
Which of the following is not one of the Sub-mission under Day-NRLM —
I. Start-up Village Entrepreneurship Pro...
As per Budget 2025–26 estimates, the total expenditure of the Central Government for FY 2025–26 is—
Which of the following is one of the major differences between an NBFC & a Bank?
Fill in the First Blank with the year Right to Education Act was passed.
In RBI MPC August 2024, which rate was unchanged at 6.75%?
Which of the following is NOT a key component of the ABDM?
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