Question
What is the significance of "Section 64 VB" of the
Insurance Act 1963?Solution
The correct answer is B. It mandates that insurers must receive premiums before assuming any risk. Section 64VB of the Insurance Act 1963 states that no contract of insurance shall be valid unless the premium or the first installment of the premium has been paid.
E-Samadhan Portal will be regulated and monitored by _______.
What is the total investment proposed under the Karnataka-GAIL renewable energy MoU?
Consider the following statements:
I. Recently Bangladesh has completed the construction of the Padma Multipurpose Bridge.
II. It is the ...
For many rupees, RBI will issue the Sovereign Green Bonds?
Which statements correctly describe the Collegium system in India?
(I) The Collegium system is mentioned in the Indian Constitution.
(II) ...
Which upcoming Bill targets a ban on real money gaming platforms like Dream11 and PokerBaazi?
- What is the new risk weight for microloans under the RBI’s clarified guidelines?
Which urban body in India became the first to receive EPR credit for recycling single-use plastic items after seizing them?
Which state ranked first in the SDG India Index 2023-24?
Recently who was presented with the 'Lifetime Achievement Award-Academia' for her efforts to connect education to employment at the "Making India Employ...
