Question
In which year all shares of Oriental Insurance Company
Ltd. held by the General Insurance Corporation of India were transferred to the Central government?Solution
In 2003 all shares of Oriental Insurance Company Ltd. held by the General Insurance Corporation of India were transferred to the Central Government.
As we know, the Government is paying much attention to “Micro Finance” these days. Which of the following is one of the examples of Micro Finance?
A provision in an insurance policy that eliminates coverage for certain risks, people, property classes, or locations is called?
Â
Which of the following Section of IRDAI Act 1999 provides for establishment of Insurance Advisory Committee?
A single insurance policy that combines several coverage previously sold separately is termed as?
The Insurance Regulatory and Development Authority (IRDAI) was formed on the recommendation of which committee?
What is NOT an element of an insurance contract?
A single policy covering a group of individuals, usually employees of the same company or members of the same association and their dependents is called?
_______ is an insurance coverage protecting the manufacturer, distributor, seller of a product against legal liability resulting from a defective condi...
If an organization wishes to venture into Insurance Business it has to obtain a licence firstfrom which of the following ?
What is the purpose of "mitigation of loss"?
