Question
 The ______________ may if it is satisfied that it is
necessary to issue directions to insurers generally or to any insurer in particular, he may, from time to time, issue such directions as he deems fit, and the insurers or the insurer, as the case may be, shall be bound to comply with such directions, under the Insurance Act, 1938?Solution
 Explanation: Section 34 Power of the Authority to issue directions- (1) Where the 2[Authority] is satisfied that-- (a) in the public interest; or (b) to prevent the affairs of any insurer being conducted in a manner detrimental to the interests of the policy-holders or in a manner prejudicial to the interests of the insurer; or (c) generally to secure the proper management of any insurer, it is necessary to issue directions to insurers generally or to any insurer in particular, he may, from time to time, issue such directions as he deems fit, and the insurers or the insurer, as the case may be, shall be bound to comply with such directions.
Select the correct mirror image of the given figure when the mirror is placed at MN as shown below.
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Two statements are given followed by two conclusions numbered I and II. Assuming the statements to be true, even if they seem to be at variance with com...
In a certain code language, ‘FLORA’ is written as ‘WQOLC’ and 'MONEY' is written as 'PNPYE'. How will ‘GOING’ be written in that language?
In a certain code language, "SUCCESS" Is written as 'UQGAESU', and "FAILURE" is written as 'GPWJKYH'.
Which of the following are correct matches ...
In the following number-pairs, the second number is obtained by applying some mathematical operations on the first number. Select the option in which t...
What should come in place of the question mark (?) in the given series?
75 81 93 111 135 ?
Select the option that is related to the third number in the same way as the second number is related to the first number.
7 : 393 :: 9 : ?
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
Z + Y’ means ‘Z is the father of Y’
‘Z – Y’ means ‘Z is the mother of Y’
‘Z × Y’ means ‘Z is the brother of Y’
Read the given statements, labeled Assertion (A) and Reason (R), and select the most appropriate option with respect to them
Statements:
Relevant for Exams:
