Question
According to the General Insurance Business
(Nationalisation) Act, what is the prescribed rate of interest for any unpaid amount, whether in instalments or otherwise, from the appointed day?Solution
Section 13. Mode of payment: (2) Where any amount is payable whether in instalments or otherwise under the provisions of this section, the unpaid amount, where its payment has become due shall carry interest at the rate of four per cent. per annum from the appointed day.
Consider the following statements about International Social Security Association (ISSA):Â
1.   Recently ESIC was awarded by the “Internat...
Average CPI inflation during the first five months of 2025 (Jan–May 2025) was:
India has gifted indigenously built missile corvette 'INS Kirpan' to which country?
Where is the recently confirmed cave on the moon located?
Which report indicates that India’s CO₂ emissions will increase by 4.6% in 2024?
The Vernacular Press Act was passed in which year?
Who inaugurated the Athlete Passport Management Unit (APMU) at the National Dope Testing Laboratory in 2025?
Who has been approved by RBI as the part-time Chairman of Jammu & Kashmir Bank for the term ending March 26, 2028?
Where are the headquarters of Softbank Group?Â
The Reserve Bank of India’s Regulatory Review Cell (RRC) will review regulations of banks and regulated entities once every:
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