Question
What change has the Insurance Regulatory and Development
Authority of India (IRDAI) made regarding the arbitration clause in general insurance?Solution
The Insurance Regulatory and Development Authority of India (IRDAI) has removed the retail sector of the general insurance industry from the arbitration clause, as policyholders have alternative avenues to resolve their complaints. The clause will now only apply to commercial lines of business. The clause would continue to be applicable to all existing retail policies until the term of the policy expires, unless the policyholder requests its replacement with the commercial lines clause.For all new retail policies, the clause will be considered deleted, while it will apply to all commercial policies from the date of renewal falling on or after the date of the circular, which takes effect immediately.
Excess glucose gets stored in liver in the form of:
Which of the following crop is highly tolerant to alkalinity?
Heterosis results from the masking of harmful effects of recessive alleles by their dominant alleles
Given below are two statements:
Statement I: Kisan Call Centers are providing agricultural advice and information to the farmers across the count...
Pegging and pod formation stage has occurred in which among the following crop:
Which technique uses double stranded RNA (dsRNA) as a trigger that targets homologous mRNAs for degradation or inhibiting its transcription translation?
Foods which have the potential to prevent disease and promote good health are called:
Which of the following represents an imperfect market?
A silent mutation causes
"What is the key ingredient and primary fruit used in traditional marmalade?"