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.
Which crop is heavily affected by powdery mildew:
A method of manual milking where the whole teat is held with the thumb and the index finger encircling the base of the teat. The base of the t...
Accept when null hypothesis is false is___
Why is cast iron commonly used for making the body of centrifugal pumps?
Subsidy for green house is given under ___
The fundamental economic concept that describes how output changes in response to changes in input levels is best captured by the term:
Soil microorganisms are most active at which temperature range?
Genetics deals with ....................................?
Imaginary lines connecting points of equal amount of rainfall are called as
Who played a crucial role in promoting the Green Revolution in India as the first Prime Minister of India?
Relevant for Exams:
