Question
What penalty amount did IRDAI impose on Acko General
Insurance?Solution
IRDAI imposed a ₹1 crore penalty on Acko General Insurance for regulatory violations during 2019–20 and 2020–21. Penalty-related questions often test knowledge of regulatory compliance in insurance and finance exams.
More Beepedia Questions
Which method is used by Hicks to eliminate the income effect when price of a product is changed
In an open economy, ceteris paribus, If the marginal propensity to import increases, what will be the impact on Income Multiplier?
Calculate Domestic Income:
