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.
In February 2024, in which of the following sectors, the FDI limit has been increased to 100%?
The treasury department have evolved in importance over number of years, which of the following is not a function of treasury department:
Rural youth belonging to poor families are identified and trained for Self-employment in RSETIs. What does the “E” stand for in RSETIs?
Which global organization published the World Investment Report 2024?
With regards to Development finance which of the following is correct:
1.Development finance is effort of only public sector Â
2.Develop...
The Government of India has extended the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Scheme beyond March, 2022 and added 3rd loan up to ______...
What does BCBS stand for?
RBI announced the list of Domestic-Systemically important Banks (D-SIBs) based on 2021 data. The banks that have been identified as D-SIBs are ____
What is a unique feature of the “Ubharte Sitaare” project funding product for export-oriented MSMEs?
Which of the following metric of the bank is dependent on the movements of the interest rate?
