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    Question

    Under the General Insurance Business (Nationalisation)

    Act the provision relating to the payment of the dues to a foreign insurer, it shall be given to him in cash within ____________ from the appointed day
    A Three days Correct Answer Incorrect Answer
    B Three months Correct Answer Incorrect Answer
    C Three years Correct Answer Incorrect Answer
    D Thirteen days Correct Answer Incorrect Answer
    E Thirty-two days Correct Answer Incorrect Answer

    Solution

     Section 13. Mode of payment: (b) to a foreign insurer, it shall be given to him in cash within three months from the appointed day.

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