Question
As per the General Insurance Business (Nationalisation)
Act, 1972 the authorised capital of the General Insurance Corporation shall be rupees __________Solution
Explanation: Section 9.  Formation of General Insurance Corporation of India: (2) The authorised capital of the Corporation shall be 2[rupees two hundred and fifty crores, divided into two hundred and fifty lakhs fully paid-up shares] of one hundred rupees each, out of which rupees five crores shall be the initial subscribed capital of the Corporation: Provided that the Central Government may, by notification, increase or reduce the authorised capital or subscribed capital, as the case may be, as it deems fit.
Which one of the following is not included in the most exported products from India?
Which among the following nations won the 2016 Kabaddi World Cup - Men's Category?
What is the minimum Net Owned Fund (NOF) requirement for an Infrastructure Finance Company (IFC)?
Which of the following Articles of the Indian Constitution mentions about the organisation of âVillage Panchayatsâ?
Which one of the following is Indiaâs largest Butterfly?
In September 2020, which of the three bills was passed by the parliament aimed at transforming agriculture in the country and raising farmerâs income?...
Select the odd number from the given alternatives:
Which insurance company has acquired 100% stake in Exide Life Insurance Company?
The Monetary Policy Committee (MPC) at its meeting in December 7, 202 decided to increase the Bank Rate to how much Basis point/percent?
Who is the writer of the book âA better India: A Better Worldâ?
