Question
Whoever fails to comply with the order of State
Comission can be penalised by State Comission, in such a case the State Commission shall have powers like that of:Solution
As per the consumer protection act, 2019 S.72. (1) Whoever fails to comply with any order made by the District Commission or the State Commission or the National Commission, as the case may be, shall be punishable with imprisonment for a term which shall not be less than one month, but which may extend to three years, or with fine, which shall not be less than twenty-five thousand rupees, but which may extend to one lakh rupees, or with both. (2) Notwithstanding anything contained in the Code of Criminal Procedure, 1973, the District Commission, the State Commission or the National Commission, as the case may be, shall have the power of a Judicial Magistrate of first class for the trial of offences under sub-section (1), and on conferment of such powers, the District Commission or the State Commission or the National Commission, as the case may be, shall be deemed to be a Judicial Magistrate of first class for the purposes of the Code of Criminal Procedure, 1973.
What is a type of reinsurance in which the reinsurer can accept or reject any risk presented by an insurance company seeking reinsurance?
How many companies were merged to form the United India Insurance Company (UIIC)?
The Insurance Regulatory and Development Authority (IRDA) was established in:Â
A property or liability insurance contract in which all risks of loss are covered is called?
Name the first life insurance company to function in India?
Agriculture Insurance Company of India Limited was incorporated with an authorised share capital of INR ______ billion.
A comprehensive motor insurance policy covers:
What is the liability of individuals, corporations, or partnerships for accidents caused by people other than employees for whose acts or omissions the ...
 In which of the following year the Insurance Amendment Act abolished Principal Agencies?
Which of the following is a combination of insurance as well as investment ?