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.
Which companies are required to have at least one women director?
On the death of a partner, when can the partnership business continue?
I.             When there are more than 2 partners in the f...
Whether the contents of documents or electronic records, can be proved by oral evidence?
The Aircraft Act provides that in the interest of the safety of aircraft operations, if the Central Government decides to regulate construction, erecti...
A relevant confession becomes irrelevant when
Under which products order specifications for vanaspati, margarine and shortenings are laid down?
The Madrid Protocol is an international treaty that facilitates the registration and management of:
What is the minimum age of a director?
The officers and other employees of the Authority under the IRDA Act may be appointed by whom?
The Performance Review Committee under the IFSCA Act shall consists of _______________ of the Authority