Question
Which section of the Insurance Act deals with the
provisions relating to the restrictions on the opening of a new place of business?Solution
Explanation: Section 64VC Restrictions on opening of new place of business -No insurer shall, after the commencement of the Insurance (Amendment) Act, 1968, open a new place of business or close a place in India or outside India or change otherwise than within the same city, town or village, the location of an existing place of business situated in India or outside India, except in the manner as may be specified by the regulations
When an individual is unable to repay the overdraft availed from a bank, which type of risk is the bank primarily exposed to?
With reference to the service sector in India, which of the following statements is/are incorrect?
I. The share of Se...
The first auditor of a company (other than government company) is appointed by the ______ within ______ of registration of the company by passing a vali...
What does “Inhwa” in management perspective refer to?
Price risk is the risk of a decline in the value of a security or a portfolio. How can one transfer price risk?
Which of the following reduces working capital requirement?
Deduction (under Section 80E of the Income Tax Act, 1961) shall be allowed for __________ assessment years starting from the assessment year in which th...
Net Profit = ₹12,00,000; No. of shares = 6,00,000; 12% preference dividend = ₹1,20,000. Compute Basic EPS.
If interest rates rise, what happens to the value of a call option , all else constant?
Financial accounting is mainly concerned with:
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