Question
What is the significance of the three new laws β
Bharatiya Nyaya Sanhita, Bharatiya Nagarik Suraksha Sanhita, and Bharatiya Sakshya Act β recently assented by President Droupadi Murmu?Solution
Explanation : The new laws β Bharatiya Nyaya Sanhita, Bharatiya Nagarik Suraksha Sanhita, and Bharatiya Sakshya Act β will replace the Indian Penal Code, the Code of Criminal Procedure, and the Indian Evidence Act of 1872 .
A policy that covers jewellers against various risks, including theft, robbery, and damage to jewellery, is:
The contractual term for the premium in an insurance contract is known as:
Insurance penetration measures:
Insurance companies can have a exposure of to financial and insurance activities upto ____ of investment assets as per IRDAI.Β
Which of the following is NOT a duty of the insured in case of a loss?
A policy that can be cancelled or have the premiums raised by the insurer on a specific anniversary date, subject to certain reasons written into the po...
Insurance premiums are payable in advance but the insurance company does not fully earn them until the policy period expires is termed as?
The Insurance Ombudsman was established to:
The practice of buying or selling of a security by someone who has access to material nonpublic information about the security, is termed as?
Which among the following banks is a subsidiary of the Life Insurance Corporation of India (LIC)?