Question
What are the various functions of the Corporation under
the General Insurance Business (Nationalisation) Act?Solution
Section 18. Functions of Corporation: (1) The functions of the Corporation shall include: (a) the carrying on of any part of the general insurance business, if it thinks it desirable to do so; (b) aiding, assisting and advising the acquiring companies in the matter of setting up of standards of conduct and sound practice in general insurance business and in the matter of rendering efficient service to holders of policies of general insurance; (c) advising the acquiring companies in the matter of controlling their expenses including the payment of commission and other expenses; (d) advising the acquiring companies in the matter of the investment of their funds; (e) issuing directions to acquiring companies in relation to the conduct of general insurance business: Provided that all the functions of the Corporation specified in this sub-section, on and from the commencement of the General Insurance Business (Nationalisation) Amendment Act, 2002, shall be performed by the Central Government.
Rohan was . . . . . till death by the dacoits.
Have you ever .....Taj Mahal?
Two …………………………………. are visiting the organisation today.
Select the most appropriate option to fill in the blank.
Amir Khan ..... new movie next year.
To be at the zenith of
A) Diligent             B) Lazy          C) Despair       D) Hatch
...My brother is good _____ languages
____________ has changed my determination to achieve it and in fact, it is __________ than it was yesterday.
No sooner did the bell ring …….. the students dispersed.
Add suitable question tags to the following statements from among the choices given below them-
They ______ finished their homework yesterday. ...