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.
Neeraj Chopra first set the senior national record during the 2016 South Asian Games held at __________.Â
A solid circular metallic disc of radius 12 inches and thickness 4 inches is melted and shaped into a solid disc of radius 16 inches. What is the thickn...
The iGOT Karmayogi program is aimed at the skill training of which group as part of the Digital India stack?
Who among the following was the Viceroy of India when the Indian Universities Act was passed in 1904?
While cooking, the bottom of the vessel is getting blackened on the outside, it means that:
The interval between two sessions of parliament must not exceed ________.
In December 2021, who planned to establish 1000 Atal tinkering labs in Jammu and Kashmir?
What is India's target year to achieve net-zero carbon emissions?
The ______ is celebrated at Shilpgram in February every year.
Ravana Phadi cave and Durga Temple at Aihole portray the architectural style of which dynasty?