Question
What total fine did the Insurance Regulatory and
Development Authority of India (IRDAI) impose on HDFC Life for various regulatory infractions in August 2024?Solution
HDFC Life was penalized ₹2 crore by IRDAI for several regulatory breaches detected during an inspection for the financial years 2017-18 to 2019-20. This substantial fine underscores IRDAI’s commitment to stringent enforcement of regulations to protect policyholders' interests and maintain integrity within the insurance sector.
Which companies are required to have at least one women director?
On the death of a partner, when can the partnership business continue?
I.             When there are more than 2 partners in the f...
Whether the contents of documents or electronic records, can be proved by oral evidence?
The Aircraft Act provides that in the interest of the safety of aircraft operations, if the Central Government decides to regulate construction, erecti...
A relevant confession becomes irrelevant when
Under which products order specifications for vanaspati, margarine and shortenings are laid down?
The Madrid Protocol is an international treaty that facilitates the registration and management of:
What is the minimum age of a director?
The officers and other employees of the Authority under the IRDA Act may be appointed by whom?
The Performance Review Committee under the IFSCA Act shall consists of _______________ of the Authority
