Question
What does the term "acquiring company" refer to in the
context of the General Insurance Business (Nationalisation) Act?Solution
Section 3 Definitions: (a) acquiring company means any Indian insurance company and, where a scheme has been framed involving the merger of one Indian insurance company in another or the amalgamation of two or more such companies, means the Indian insurance company in which any other company has been merged or the company which has been formed as a result of the amalgamation.
What does 'BoP' stand for in economic terms?
What year did Switzerland implement a prohibition on face-covering garments, including burqas and niqabs?
- Which country recently signed a maritime security cooperation agreement with China focusing on the South China Sea?
What percentage score did Kerala achieve in the overall Management Effectiveness Evaluation (MEE)?
Recently Kumudben Joshi died, she was the second female Governor of which state?
What was the trigger for India’s tri-service Operation Sindoor?
Consider the following statements:
I. The Union Cabinet has approved the extension for the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY-Phas...
The Centre launched NIPUN Bharat mission, aimed at equipping every child till class 3 with basic comprehension and mathematical skills. What is the acro...
Which city has gained the top spot on the Global Liveability Index released by the Economist Intelligence Unit (EIU)?
How many new yoga hubs does Uttarakhand plan to establish by 2030 under its Yoga Policy?
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