Question
What is the primary purpose of the Insurance Regulatory
and Development Authority of India (IRDAI) approving the reduction of interest rates for revivals or policy loans?Solution
The Insurance Regulatory and Development Authority of India (IRDAI) approved the reduction of interest rate for revivals or policy loans, among others. These are applicable to existing policies that were closed for new business but still exist on insurers' books  The alterations are introduced to give additional benefits and flexibility to existing policyholders, ensuring they are not adversely impacted.  The insurance regulator has decided to allow the addition of existing riders which are open for sale, the addition of premium payment modes, reduction in interest rate for revivals or policy loans, and the addition of one or more payment frequencies to income benefits payable to policyholders.
A certain number of people are sitting in a row, facing north. Only two people sit between K and L. L sits third to the right of M. Only three people si...
Six students, P, Q, R, S, T and U have been instructed to keep their books on six different shelves of a bookshelf having only six shelves one over the ...
In a certain code language, saroj learns taxes' is written as 'vi ti ui' and 'priya paid taxes' is written as 'pi vi wi'. How is 'taxes' written in the ...
Examine the following statements:
1. All colours are pleasant.
2. Some colours are pleasant.
3. No colour is pleasant
4...
Select the option which is related to the fifth letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster and t...
In the question given below, three statements are given, followed by two conclusions I and II. You have to consider the statement/statements to be true ...
Three statements are followed by four conclusions numbered I, II, III and IV. You have to consider these statements to be true, even if they seem at va...
Two dimensions of the same dice are given. What letter will be on the face opposite to the face having the letter D?
Each of the digits in the number 56249324861 is arranged in ascending order from left to right. What will be the sum of the digits which are second from...
Statements:
Some rats are mats.
All mats are ants.
Conclusions:
I. Some rats are ants.
II. Some ants are mats.
