Question

Why is the approval of Valueattics Reinsurance by IRDAI

significant?

A It is India’s first private reinsurance company, breaking GIC Re’s monopoly

B It will regulate the insurance sector along with IRDAI

C It is fully owned by the Government of India

D It will provide direct insurance services to individuals

E It will function as a subsidiary of foreign reinsurance companies

Practice Next

More Daily Beepedia Current Affairs Questions

Special provisions for compensation have been provided under Motor Vehicles Act for hit and run cases in respect of-
What action must the assignee take upon accepting an assignment of receivables that serve as security for a loan from a bank or creditor, provided the a...
As per the Companies Act, 2013 a Company means_____________
Which confession can be proved as against a person accused of any offence?
As per Negotiable Instruments Act 1881, a 'Bill of Exchange' is:
Presumption under Section 118 of NI Act states that
The right available to a tenant under the Chhattisgarh Rent Control Act 2011 is provided in:
Where the prescribed period for any suit, appeal or application expires on a day when the court is closed, the suit, appeal or application may be instit...
If parties adopt fast track procedure for arbitration which of the following is skipped-
Which of the following is not mentioned in Directive Principles of State Policy under The Constitution of India?

Relevant for Exams:

Hey, Don't leave. If you have any queries regarding any exam let us know here.

ask-question