Question
The Reserve Bank of India has recently canceled the
license of which Co-operative Bank Ltd.Solution
The Reserve Bank of India has canceled the license of Independence Co-operative Bank Ltd. The Independence Co-operative Bank Ltd. is based in Nashik, Maharashtra. The reason behind the cancellation of the license is that the bank was not having adequate capital and earning prospects. Noteā The Reserve Bank of India (RBI), vide order dated February 15, 2022, has cancelled the licence of Mantha Urban Cooperative Bank Ltd., Mantha, District: Jalna , Maharashtra. Consequently, the bank ceases to carry on banking business, with effect from the close of business on February 16, 2022.Ā
Personal and business property coverage combining several types of property insurance in one policy is called?
The 'Third-Party Liability' cover in a motor insurance policy is mandatory in India as per the:
InĀ which year General Insurance Corporation of India ( GIC ) notified as the Indian Reinsurer?
The central office of the Life Insurance Corporation of India (LIC) is located at?
Which type of policy is offered by an insurer for covering jewellery?
The fixed income that one gets after the retirement is also known as ________.Ā
What is NOT an element of an insurance contract?
Consider the following statement:
I. Section 25 of IRDAI Act, 1999 lays down for establishment of Insurance Advisory Committee.
II. I...
The primary categories of insurance business in India are:
A policy that covers the cost of repairing or replacing damaged plant and machinery during construction or erection is:
