Question
KYC details mandatory while purchasing insurance have
been made mandatory by IRDAI from _______.Solution
The Insurance Regulatory and Development Authority of India (IRDAI) has mandated that all policyholders must provide their Know Your Customer (KYC) details when purchasing any type of insurance policy from January 1, 2023. This requirement applies to all individuals and entities purchasing insurance in India and is intended to ensure that insurance companies have accurate and up-to-date information about their policyholders. Providing KYC details helps to prevent fraud and money laundering, and ensures that policyholders receive the full benefits of their insurance coverage. Currently, KYC documents are only required when making a claim worth over Rs 1 lakh. Under the new insurance rule, KYC documents will be required even while purchasing a new policy.
Preferential shares with reference to any company limited by shares, means that part of the issued share capital of the company which carries or would c...
Among the following which is/are not held to be judicial proceedings_____.
A proceeding instituted in a civil court by the presentation 'of a plaint is called' ___________
Importation of a girl or boy from a foreign country for illicit intercourse under Section 141 applies if:Â
Who is the current chairman of TBT Committee?
The term Lis Pendens refers to ______________
The famous case of Anuradha Bhasin v. Union of India is related to
Limitation act was enacted in the year:
According to the Evidence Act when the language used in a document is plain in itself, but is unmeaning in reference to existing facts____
Under Section 11(3)(b) of the Environment (Protection) Act, 1986, sample collection must be done:
Relevant for Exams:
