Question
The Insurance Regulatory and Development Authority of
India (IRDAI) has increased the limit on losses for the appointment of Surveyors and Loss Assessors. Which of the following statements is/are true with respect to the above changes- I.The limits have been increased for Motor Insurance to Rs 1.5 lakh from the existing Rs 50,000. II.For other than motor insurance, it has been increased from the current Rs 1 lakh to Rs 5 lakh. III.A surveyor and loss assessor is an insurance intermediary licensed by IRDAI to investigate, manage, quantify, validate and deal with losses (whether insured or not) arising from any contingency, on behalf of the company or the policyholder.ÂSolution
The Insurance Regulatory and Development Authority of India (IRDAI) has increased the limit on losses for the appointment of Surveyors and Loss Assessors. The limits have been increased for Motor Insurance to Rs 1 lakh from the existing Rs 50,000. For other than motor insurance, it has been increased from the current Rs 1 lakh to Rs 5 lakh. A surveyor and loss assessor is an insurance intermediary licensed by IRDAI to investigate, manage, quantify, validate and deal with losses (whether insured or not) arising from any contingency, on behalf of the company or the policyholder. The regulator’s circular added that the special dispensation granted is applicable to the claims arising out of Cyclone Michaung and the resulting heavy rains/floods. This will be applicable for a period of 2 months from the date of issuance of the circular.
Which of the following can replace the emboldened part to make it grammatically correct? Also, identify the part which has an error, if any in the remai...
Directions: In each of the questions, a sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark i...
There have been (1)/ a shift of interest(2)/ from the reading of fiction (3)/ to the reading of nonfiction (4)/ No error (5)
Scarcely had he gone(A)/ than I remembered(B)/ his name.(C)/ No error
Inside it is a (A)/confection of dark (B)/polished wood, shine brass (C)/and comfortable banquettes (D).            Â
...In the sentence, certain words are in bold and numbered from A to E, which are the possible pairs to be interchanged. Choose the pair(s) of words which...
Neither of my parents(A)/is currently (B)/in paid employment, (C)/because of the pandemic (D).
Given below are sentences with an error in each. The error is in one part of the sentence. Below each sentence are given the options containing the par...
Read each sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. The number of that part is the...
- Read the sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. Mark the part with the ...
Relevant for Exams:
